Israel says defences are ‘ready’ as Iran attacks

Overall prices cooled slightly from a year ago, but the report included worrying signs for the Federal Reserve. Inflation cooled less than expected in January and showed worrying staying power after volatile food and fuel costs were stripped out — a reminder that bringing price increases under control remains a fraught, bumpy process. The overall Consumer Price Index was up 3.1 percent from a year earlier, which was down from 3.4 percent in December but more than the 2.9 percent that economists had forecast. That figure is down from the…

The announcement by the Israeli military that troops had been pulled out from Khan Younis – and that only one brigade remained in the area – means the end of this phase of intense combat operations in southern Gaza. The army has said those units had accomplished their mission there, and that they were now preparing for future operations in Gaza. A key questions is, what does this mean for a possible offensive into Rafah? Israel says it is imperative to enter Gaza’s southernmost city to eliminate Hamas – and…

Published 39 minutes ago Share close panel Share page Copy link About sharing Image source, EPA By Frances Mao in Singapore China has announced it will remove significant tariffs on Australian wine in another key sign of improving relations between the two countries. Beijing imposed taxes of more than 200% in 2020 amid a string of economic blows to Australian exports. That year Beijing targeted Australian coal, barley, timber and lobsters as part of a wider political falling-out. But China-Australia relations have improved since a new Canberra government was elected…

Published 2 hours ago Share close panel Share page Copy link About sharing Image source, Getty Images By Noor Nanji Culture reporter Louis Gossett Jr, the first black man to win the best supporting actor Oscar, has died at the age of 87. The New York-born actor won the Academy Award in 1982 for his role as Gunnery Sergeant Emil Foley in An Officer and a Gentleman. Gossett also won an Emmy in 1978 for his role in Roots, the ground-breaking TV mini-series about slavery. His death was confirmed by…

Storms in the Pacific have brought huge waves to the Californian coast. Water crashed over the sea wall, sweeping people off their feet, and washing vehicles away in Ventura, Santa Cruz. At the north end of Monterey Bay, in Aptos, CCTV showed seawater washing into a beach restaurant. Several beaches in the state remain closed, with more windy weather forecast for the weekend.This post was originally published on this site

Published 52 minutes ago Share close panel Share page Copy link About sharing Image source, Getty Images By Mariko Oi Business reporter Elon Musk says he has moved the legal home of his rocket company SpaceX from the US state of Delaware to Texas. Two weeks ago, Mr Musk said electric carmaker Tesla will hold a shareholder vote on making a similar move. His brain-chip implant firm, Neuralink, has also moved its legal home to Nevada. Last month, a judge in Delaware annulled his $55.8bn ($44bn) pay package from electric…