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Over 149 Dead in Mexico Earthquake and Volcano

It was a double blow from nature on Tuesday for Mexico as it did not just have a fresh earthquake to contend with, but also the problem of the small eruption of Popocatepetl volcano. 777 more words

Foreign News

Wage rise in Hungary

Hungary’s gross average wages rose by an annual 13.1 percent in July after a 14.4 percent increase in June, the Central Statistics Office (KSH) said on Wednesday. 79 more words


Hungary's central bank cuts its overnight deposit rate

Hungary’s central bank cut its overnight deposit rate by 10 basis points to -0.15 percent on Tuesday, easing monetary conditions further in a widely expected move to combat what it sees as a benign underlying inflation outlook. 155 more words

Monetary Policy

ECB's hawks and doves still debate QE end-date

European Central Bank policymakers disagree on whether to set a definitive end-date for their money-printing programme when they meet in October, raising the chance that they will keep open at least the option of prolonging it again, six sources told Reuters. 226 more words


ECB to prepare a broader range of measures

The European Central Bank should start discussing a broader range of measures as it seeks policy normalisation rather than just focus on how and when it will dial back stimulus, Governing Council member Ardo Hansson said in a Reuters interview. 172 more words


U.S. push for self-driving law exposes regulatory divide

 As the U.S. Congress moves quickly to pass the first federal law governing self-driving cars, some state and city officials are pushing back over fears that the measure will limit their ability to regulate vehicle safety at the local level. 58 more words

U.S. Congress

U.S. Ambassador Haley: U.N. has exhausted options on North Korea

U.S. Ambassador to the United Nations Nikki Haley said on Sunday the U.N. Security Council has run out of options on containing North Korea’s nuclear program and the United States may have to turn the matter over to the Pentagon. 655 more words