The Bank of Japan raised its benchmark rate to 1%, the highest since 1995, citing energy-driven price pressures and rising inflation expectations. The move continues Japan’s shift away from decades of ultra-low borrowing costs.
Posts tagged as “BBC”
A U.S. Air Force B-52 Stratofortress crashed shortly after takeoff Monday at Edwards Air Force Base in California. Officials said emergency crews responded, the airfield was closed and no immediate information was available on casualties or the cause.
Maria Eduarda Rodrigues de Freitas, 21, died after being launched from Skeleton Bridge in São Paulo state without a safety cord attached. Three instructors have been arrested as police investigate possible manslaughter or homicide-related charges.
A London jury convicted two men over arson attacks on properties and a car linked to Prime Minister Keir Starmer. The BBC reported the plot was part of a wider Russian-linked sabotage and disinformation campaign, an allegation Russia denies.
Britain’s Court of Appeal ruled that the government’s ban on Palestine Action as a terrorist organisation was lawful, overturning a High Court decision. The group’s co-founder said she would seek to appeal, while the home secretary said the ruling does not affect lawful pro-Palestinian protest.
Oil prices dropped after Trump announced an initial US-Iran deal to reopen the Strait of Hormuz, but shipping, insurance and mine-clearing hurdles could delay a return to normal. Analysts warn energy, fertiliser and consumer prices may remain under pressure for months.
An Israeli strike on Beirut’s Dahieh area killed at least three people and prompted President Donald Trump to say the attack should not have happened as a US-Iran deal neared. Iranian officials blamed the US and Israel for the consequences and warned of a response.