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MON, 12/11/2023

Monday, December 11, 2023

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Federal Reserve Chairman Jerome Powell has recently downplayed the idea that rate reductions are nearing.

Fed is set to leave interest rates unchanged while facing speculation about eventual rate cuts

With inflation edging closer to the Federal Reserve's 2% target, its policymakers are facing -- and in some cases fueling -- hopes that they will make a decisive shift in policy and cut interest rates next year, possibly as soon as spring.
Activists display signs reading “hold the line” Monday near United Nations Secretary-General Antonio Guterres as he speaks during a news conference at the COP28 U.N. Climate Summit in Dubai, United Arab Emirates.

UN officials and activists ramp up the urgency as "difficult" climate talks enter final days

Visibly tired and frustrated top United Nations officials urged climate talks to push harder for an end to fossil fuels. Time seems to be running out both in the talks in Dubai and for action that could keep warming at or below the internationally agreed-upon threshold.
A general view of the crater at a site of recent Russian missile attack in Kyiv, Ukraine, Monday.

Russia targets Kyiv with ballistic missiles. Ukraine says it intercepted all of them

Russia fired eight ballistic missiles at Kyiv early Monday, all of which were shot down, Ukraine's Air Force said. The thwarted attack still left one person injured by shrapnel and three more suffered severe stress reactions, officials said.
President Joe Biden goes into next year’s election with a vexing challenge: Just as the U.S. economy is getting stronger, people are still feeling horrible about it. Pollsters and economists say there has never been as wide a gap between the underlying health of the economy and public perception.

Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it

President Joe Biden goes into next year's election with a vexing challenge: Just as the U.S. economy is getting stronger, people are still feeling horrible about it.
Former Mayor of New York Rudy Giuliani arrives Monday at the federal courthouse in Washington. The trial will determine how much Giuliani will have to pay two Georgia election workers who he falsely accused of fraud while pushing President Donald Trump’s baseless claims after he lost the 2020 election.
Jury selection begins in election workers' defamation damages trial against Rudy Giuliani
Jury selection got underway on Monday in the federal case that will determine how how much Rudy Giuliani might have to pay two Georgia election workers he falsely accused of fraud while pushing Donald Trump's baseless claims after the 2020 election.
The Supreme Court on Monday refused to take up a case about whether state and local governments can enforce laws banning conversion therapy for LGBTQ+ children.
The Supreme Court rejects an appeal over bans on conversion therapy for LGBTQ+ children
The Supreme Court on Monday refused to take up a case about whether state and local governments can enforce laws banning conversion therapy for LGBTQ+ children.
Britain’s Prime Minister Rishi Sunak arrives Monday at the COVID Inquiry at Dorland House in London. Sunak was Chancellor of the Exchequer during the pandemic and is likely to be questioned about the impact of his policies such as the Eat Out to Help Out scheme had on the spread of the outbreak.
It's a tough week for Rishi Sunak. He faces grilling on COVID decisions and revolt over Rwanda plan
British Prime Minister Rishi Sunak faces one of the toughest weeks of his 13 months in office as he's grilled by lawyers about his decisions during the COVID-19 pandemic while fending off a rebellion from lawmakers over his signature immigration policy.
AIDS activist Gao Yaojie, a Chinese doctor who embarrassed the government by exposing the AIDS epidemic in rural China in the 1990s and spent her last decade in exile in the United States, died Sunday at her home in Manhattan. She was 95.
Doctor and self-exiled activist Gao Yaojie who exposed the AIDS epidemic in rural China dies at 95
Renowned Chinese doctor and activist Gao Yaojie who exposed the AIDS virus epidemic in rural China in the 1990s died Sunday at the age of 95 at her home in the United States.
In this photo provided by the Ukrainian Presidential Press Office, Ukrainian President Volodymyr Zelenskyy, left, meets with Cape Verde’s Prime Minister Ulisses Correia e Silva, in Cape Verde, Saturday, Dec. 9, 2023 while he travels to Argentina for the inauguration of the newly-elected President Javier Milei.
Zelenskyy will address the U.S. military in Washington as funding for Ukraine's war runs out
Ukrainian President Volodymyr Zelenskyy will address U.S. military officers at the National Defense University on Monday as part of a last-minute push to convince Congress to provide more money for weapons before funding runs out.
Iraqis attend the funeral of the Kataib Hezbollah members in Najaf, Iraq. Kataib Hezbollah fighters were killed in the US airstrikes in response to attacks against U.S. forces at Al-Asad Air Base earlier this week.
Iraq scrambles to contain fighting between U.S. troops and Iran-backed groups, fearing Gaza spillover
Dozens of attacks on U.S. military facilities by Iran-backed factions in Iraq over the past two months as the Israel-Hamas war has raged have forced Baghdad into a balancing act that's becoming more difficult by the day
RM, a member of South Korean K-pop band BTS, poses for photographers during a 2020 news conference in Seoul, South Korea. Singers RM and V of the K-pop band BTS began their mandatory military duties under South Korean law, their management agency announced Monday. This came a day before two of their bandmates, Jimin and Jung Kook, were also expected to report for duty.
BTS members RM and V start compulsory military service in South Korea. Band seeks to reunite in 2025
Singers RM and V of the K-pop band BTS began their mandatory military duties under South Korean law, their management agency announced Monday. This came a day before two of their bandmates, Jimin and Jung Kook, were also expected to report for duty.
Delegates arrive for a meeting Sunday at the COP28 U.N. Climate Summit in Dubai, United Arab Emirates.
Agreeing to agree: Everyone must come to consensus at COP28 climate talks, toughening the process
With nearly 200 nations of different sizes, economies, political systems, resources and needs, they all have to find common ground if they are going to save the one common ground they share -- planet Earth.
                                                                                                                                                                                                                       
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Debbie Welch-Carthen, of Elgin looks over a blouse at WINGS resale shop Tuesday, December 5, 2023 in Schaumburg.
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Mary Luz Toledo, of Chicago surprised her sister Carlota Toledo of Pembroke Pines, Fla., left, when she wore her Halloween costume to greet her in Terminal 3 at O’Hare Airport in Chicago Wednesday.
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Todd Fournier of Des Plaines carries a giant stuffed cheeseburger that he purchased as a gift for his girlfriend on Black Friday at Woodfield Mall in Schaumburg.
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Mayor Jim Schwantz gets some help with the Holiday Tree Lighting from a group of children Saturday, November 18, 2023 at Towne Square Park in Palatine.
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