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Norway raises key interest rate to fight inflation and expects further hikes ahead

Published Wed, 25 Dec 2024 06:35:40 GMT

COPENHAGEN, Denmark (AP) — Norway’s central bank said Thursday that it has raised its key interest rate by half a percentage point in an effort to “bring inflation down to target.”Norges Bank said higher wage growth and a weaker-than-projected krone will raise inflation and that “international interest rates have risen more than anticipated.” The Scandinavian country, which is not part of the European Union, had an inflation rate in May of 6.7%. That’s far above the central bank’s target of 2%.“If we do not raise the policy rate, prices and wages could continue to rise rapidly and inflation become entrenched. It may then become more costly to bring inflation down again,” bank Gov. Ida Wolden Bache said in a statement.However, the bank said, “pressures in the Norwegian economy are easing.” Following Thursday’s hike to 3.75%, the policy rate will most likely be raised further in August, Norges Bank said.It comes on a busy day for central bank action in Europe, ...

Rescuers make desperate push as final hours of oxygen on missing Titanic sub tick down

Published Wed, 25 Dec 2024 06:35:40 GMT

The race against time to find a submersible that disappeared on its way to the Titanic wreckage site entered a new phase of desperation on Thursday morning as the final hours of oxygen possibly left on board the tiny vessel ticked off the clock.Rescuers have rushed more ships and vessels to the site of the disappearance, hoping underwater sounds they detected for a second straight day might help narrow their search in the urgent, international mission. But the crew had only a four-day oxygen supply when the vessel, called the Titan, set off around 6 a.m. Sunday.Even those who expressed optimism warned that many obstacles remain: from pinpointing the vessel’s location, to reaching it with rescue equipment, to bringing it to the surface — assuming it’s still intact. And all that has to happen before the passengers’ oxygen supply runs out.The full area being searched was twice the size of the U.S. state of Connecticut in waters as deep as 13,200 feet (4,020 meters). Captain Jamie Frede...

Last desperate push as final hours of oxygen on missing Titanic sub tick down

Published Wed, 25 Dec 2024 06:35:40 GMT

The race against time to find a submersible that disappeared on its way to the Titanic wreckage site entered a new phase of desperation on Thursday morning as the final hours of oxygen possibly left on board the tiny vessel ticked off the clock.Rescuers have rushed more ships and vessels to the site of the disappearance, hoping underwater sounds they detected for a second straight day might help narrow their search in the urgent, international mission. But the crew had only a four-day oxygen supply when the vessel, called the Titan, set off around 6 a.m. Sunday.Even those who expressed optimism warned that many obstacles remain: from pinpointing the vessel’s location, to reaching it with rescue equipment, to bringing it to the surface — assuming it’s still intact. And all that has to happen before the passengers’ oxygen supply runs out.The full area being searched was twice the size of the U.S. state of Connecticut in waters as deep as 13,200 feet (4,020 meters). Captain J...

Mohawks flex offensive muscles in dominate showing against Dutchmen

Published Wed, 25 Dec 2024 06:35:40 GMT

ALTAMONT, N.Y. (NEWS10) -- It was all-hands-on-deck for the Amsterdam Mohawks in their 15-1 win over the Albany Dutchmen Wednesday night at Dutchmen Field. Get the latest, news, weather, sports and community events delivered right to your inbox! Of the 14 Mohawks who logged an at-bat, 12 recorded a base hit, and seven drove in at least one run.The offense onslaught started early for Amsterdam, plating two runs in the opening frame. The 'Hawks added two more in the third, one in the fourth and fifth, another two in the seventh and erupted for a seven-spot in the ninth frame.Among the many highlights was left fielder Dakota Duffalo, who went a perfect 3-3 at the plate with two RBI. Center fielder/extra hitter Zach Eldred loaded his stat line, going 2-4 with three runs scored and two batted in. Joining the multi-hit party was Cam Gurney, Jared Johnson and Jaxon West.Not to be overlooked was the collective pitching performance from Amsterdam. Carson Pierce got the team started by tos...

UAlbany well represented at World Lacrosse Championships

Published Wed, 25 Dec 2024 06:35:40 GMT

SAN DIEGO, CA (NEWS10) -- The greatest lacrosse players in the world have gathered in San Diego for the 2023 World Lacrosse Men's Championship beginning Wednesday night. UAlbany is well represented. Get the latest, news, weather, sports and community events delivered right to your inbox! There are 15 Danes in total in the tournament. Team USA will feature Blaze Riorden and TD Ierlan. Connor Fields will play for Team Canada. Head coach Scott Marr is an assistant coach for Team Haudenosaunee. Marr's team will feature six Great Danes including the great Lyle Thompson, and current UAlbany players Jake Piseno and Jack VanValkenburgh, who are just trying to soak up as much of this experience as possible. "These are guys that I could have only dreamed about playing with or playing against and here I am playing against them," said Piseno. "They're slinging the ball around at 100 miles per hour and I was just like, 'Wow, I'm really here.' Hopefully I'll be playing with these guys on the p...

NATO ready to act to save Kosovo's peace, calls for de-escalation

Published Wed, 25 Dec 2024 06:35:40 GMT

NATO forces in Kosovo are ready to face any situation if acts of violence similar to recent encounters threaten the peace, the NATO commander in Pristina said late on Monday (19 June).Some 30 NATO peacekeeping soldiers defending three town halls in northern Kosovo were injured in clashes with Serb protesters late on May. Fifty-two protesters were wounded.NATO, what has been guarding Kosovo since the war ended in 1999, decided to deploy an extra 700 troops and put another battalion on high alert, bringing its force to about 4,511."We plan to face any kind of circumstances. That's the reason why we received additional forces. We do not react, we act," the commander of NATO troops, known as KFOR, Angelo Michele Ristuccia told to a group of journalists from his headquarters in the outskirts of Pristina.He said the situation remained very tense, despite relative calm in recent days."There is not a military solution at this moment because the only way to solve this situation is a politica...

Bridge: June 22, 2023

Published Wed, 25 Dec 2024 06:35:40 GMT

In the Platinum Pairs at the Spring NABC (reported in the excellent Daily Bulletin by George Jacobs), West was the Swedish player Peter Fredin who is noted for imaginative card play.When Fredin preempted with four clubs, North doubled for takeout, and Jacobs, South, bid four hearts, doubled by East. Fredin led the nine of diamonds. Sure the lead was a singleton, Jacobs put up dummy’s ace and led the king of trumps. East took his ace, cashed the ace of clubs and led the king of diamonds.PLUS 500Fredin promptly ruffed his partner’s winner to take the king of clubs — if he didn’t, he wouldn’t get it. East’s king of spades scored, so East-West were plus 500 for most of the matchpoints on the deal.West’s defense was accurate. In my view, the result was mostly due to North’s indiscreet entry into the auction. His hand wasn’t strong enough to double and oblige South to bid at the four level. If North prefers a disciplined pass, West wil...

Ask Amy: I finally revealed the secret I’d been keeping, and her reaction was baffling

Published Wed, 25 Dec 2024 06:35:40 GMT

Dear Readers: Like you, I’m often curious about what happens to the advice I offer once it leaves my desk, and so I’ve asked readers to send in “updates” to let all of us know how things turned out.The responses have flowed in, and I’m interested and often gratified to learn what impact this experience has had on readers.To refresh all of our memories, I’m running the original Q&A, followed by the update.Dear Amy: I am 58 years old. I was diagnosed with early-onset Alzheimer’s two years ago. My friends all know about my diagnosis.My question relates to my sister. She and I had been estranged for almost a decade. Two years ago, I realized that our disagreements were water under the bridge, and we re-established a relationship. She lives several states away and has no contact with my friends.I have never disclosed my diagnosis to her.I don’t want her to come to the conclusion that I broke down the barriers between us because of my illness. I did that because I love her, and not be...

Harriette Cole: How do I tell her there’s no way she could wear those clothes?

Published Wed, 25 Dec 2024 06:35:40 GMT

DEAR HARRIETTE: My friend, who is significantly heavier than me, keeps insisting that we’re the same size.I don’t think she means to offend me, but she’s a very large person, and she probably has more than 50 pounds on me. I don’t mind that she’s heavier, but what bothers me is that she keeps trying to wear my clothes and acts surprised when they don’t fit her.Related ArticlesAdvice | Harriette Cole: My boyfriend and I fought about his plan to taunt my ex Advice | Harriette Cole: He refused to pull over, and her new car got damaged Advice | Harriette Cole: My former teacher tells stories about me that aren’t true Advice | Harriette Cole: I’m afraid my son made a huge mistake, and I don’t know what to do Advice | Harriette Cole: It hurt my feelings when he treated me like a buddy I’m not sure how to approach her about this without coming across a...

Ukraine Blocks Journalists From Front Lines With Escalating Censorship

Published Wed, 25 Dec 2024 06:35:40 GMT

After Ukrainian forces regained control of the port city of Kherson last November, following eight months of Russian occupation, some journalists entered the liberated city within hours. Without formal permission to be there, they documented the jubilant crowds welcoming soldiers with hugs and Ukrainian flags. Ukrainian officials, who tightly control press access to the front lines, responded by revoking the journalists’ press credentials, claiming that they had “ignored existing restrictions.” In the months since then, as Ukraine has sought to liberate more territory occupied by Russia, the Ukrainian government has intensified its efforts to control the narrative of the war by tightening journalists’ access to the conflict. “After that, things started getting worse. … They have tried to place more control on journalists,” Katerina Sergatskova, editor-in-chief of Zaborona Media, an independent Ukrainian publication, told The Intercept. “Now it’s really hard to make reports from...