US makes biggest interest rate rise in almost 30 years

The US central bank raises rates by 0.75 percentage points as it scrambles to contain soaring prices.

from BBC News - World https://ift.tt/yD8iun3

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US and Iran in blockade standoff as Pakistan pushes for talks

The mood in the Strait of Hormuz remains combustible despite Trump's ceasefire extension. from BBC News https://ift.tt/3US4HBP