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Month: May 2023

Floods in western Rwanda kill at least 127 people

By Duarte Mendonca and Nimi Princewill, CNN Heavy rain caused flooding and landslides on Tuesday in Rwanda killing at least 127 people in the Western, Northern and Southern Provinces, the president’s office said. “Rescue interventions are ongoing in the most affected districts … in order to secure endangered citizens,” a statement by the presidency said

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The Fed lifts rates by a quarter point

CNN By Bryan Mena, CNN The Federal Reserve voted unanimously to raise interest rates by a quarter point Wednesday, the tenth rate hike since the central bank started its battle against inflation last March. The move comes amid ongoing fragility in the banking sector triggered partly by higher interest rates, and following the collapse of

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The Fed lifts rates by a quarter point

By Bryan Mena, CNN The Federal Reserve voted unanimously to raise interest rates by a quarter point Wednesday, the tenth rate hike since the central bank started its battle against inflation last March. The move comes amid ongoing fragility in the banking sector triggered partly by higher interest rates, and following the collapse of three

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