WASHINGTON - The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the 1970s, raising its benchmark short-term interest rate and signaling up to seven rate hikes this year.The Fed's quarter-point hike in its key rate, which it had pinned near zero since the pandemic recession struck two years ago, marks the start of its effort to curb the high inflation that has followed the recovery from the recession.

The rate hikes will eventually mean higher loan rates for many consumers and businesses.The central bank's policymakers expect inflation to remain elevated, ending 2022 at 4.3%, according to updated quarterly projections they released Wednesday.

That's far above the Fed's 2% annual target. The officials also now forecast much slower economic growth this year, of 2.8%, down from its 4% estimate in December.In a statement it issued after its latest policy meeting, the Fed noted that Russia's invasion of Ukraine and ensuing sanctions by the West "are likely to create additional upward pressure on inflation and weigh on economic activity."Chair Jerome Powell is steering the Fed into a sharp U-turn.

Officials had kept rates ultra-low to support growth and hiring during the recession and its aftermath. As recently as December, Fed officials had expected to raise rates just three times this year.

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Omicron BA.2 makes up over 35% of total Covid-19 variants circulating in US

Omicron sub-variants that have been circulating since December—called BA.1.1 and BA.1.1.529—now makeup around 57.3% and 7.9%, respectively, of circulating variants.

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China Eastern plane crash: Wallets, IDs but no survivors found among 132 on board

WUZHOU, China - Mud-stained wallets. Bank cards.

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Deltacron may be more dangerous Covid strain as we 'got lucky' with Omicron - scientist

Covid-19 variant amid fears there could be more than one type of deltacron hybrid. Deltacron was first identified in France last month, but within weeks scientists had identified more than 60 genetic sequences of the variant. Although the Omicron variant didn’t prove to be as devastating as some had originally feared, an expert has warned that we might not be so “lucky” next time, reports Wales Online.

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More than one 'Deltacron' Covid hybrid may be circulating as expert issues warning

An expert has warned that there may be a number of ' Deltacrons ' in circulation across the globe.

Luke Oneill Usa Britain city Dublin city Paris experts strain reports

Stealth Omicron BA.2 spreading fast globally. What we know so far about the new Covid varaint in 10 points

World Health Organisation (WHO) last week pointed out that Omicron is transmitting at a very intense level around the world. “We have sub-lineages of Omicron BA.1 and BA.2. BA.2 is more transmissible, and this is the most transmissible variant we have seen of the SARS-COV2 virus to date", the WHO official pointed out.

Anthony Fauci Zoe Covid Usa India Britain Scotland county San Diego covid-19 Health reports

Army deployed to CPC filling stations

COLOMBO (News 1st); Sri Lanka Army personnel have been deployed to monitor the distribution of fuel at filling stations operated by the Ceylon Petroleum Corporation (CPC).This was confirmed to News 1st by the Military Spokesperson on Tuesday (22).

China Sri Lanka

China locks down city of 9m as Covid spreads

China locked down an industrial city of nine million people overnight and reported more than 4,000 virus cases, as the nation's "zero-Covid" strategy is confronted by an Omicron wave.

Xi Jinping China city Beijing city Shanghai city Some province Liaoning World

Reveal the secret agreements signed with India – Elle Gunawansa Thero

COLOMBO (News 1st); Venerable Elle Gunawansa Thero has requested the President to disclose to the public and the parliament the details of three agreements that are to be signed between Sri Lanka and India, with regard to the security of the Indian Ocean region.In a letter to the President, the Venerable Thero noted that the Hindustan Times had reported that both countries are close to finalizing three defense-related agreements and arrangements that are expected to boost cooperation for maritime security.The Venerable Thero also noted that the agreement signed when securing a US $ 1 Billion Loan from India, is also yet to be made public.He also pointed out that an ad-hoc Free Trade Agreement had been signed between Sri Lanka and China.Venerable Elle Gunawansa Thero in his letter firmly states that he will stand against any conspiracy or attempt that will pave the way for the national resources in the North, East, or other parts of the country, to be looted or surrendered for money.

China Usa India Sri Lanka president reports Cooper

Prince William, Kate face more protests, backlash as tour continues to Jamaica

Prince William and Kate Middleton have gone on the charm offensive with their latest tour, but that doesn’t mean it’s without its dissenters.

Royal Family Kate Middleton prince William Britain Russia county Prince William Ukraine Jamaica Belize Royals

Three key risks B.C. still faces in fight against COVID-19

Legislative bureau chief Keith Baldrey continues to watch COVID-19 data. And while B.C. is in a good position right now, experts say the province is not out of the pandemic, and three key risks remain.

Keith Baldrey covid-19 experts Fighting

Cinnamon Toast Crunch now available as a spread

Cinnamon Toast Crunch™ Creamy Cinnamon Spread.

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Omicron threat in India still there…: What Centre said amid COVID 4th wave fears. Read here

omicron surge much better than other countries. Today also, 15-17 lakh cases are being reported globally but India is reporting around 3000 daily cases."

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Firefighters rush to scene of Boeing 737 crash in south China

Chinese state-run TV shows footage of firefighters boarding a bus and rushing to the scene where a Boeing 737-800 crashed in the southern province of Guangxi with 132 people on board. There was no immediate word on the number of dead or injured.

China Boeing Southern

China Eastern flight crashes with 132 onboard in country’s south

A China Eastern Boeing 737-800 with 132 people on board crashed in the southern province of Guangxi on Monday, officials said.

Xi Jinping China city Chicago city Guangzhou region Guangxi

China’s Disneyland shuts down following COVID-19 surge

country saw a rise in coronavirus cases.The amusement park posted a “Friendly Reminder” on their website Monday to alert fans of the new change.“Due to the current pandemic situation, Shanghai Disney Resort, including Shanghai Disneyland, Disneytown and Wishing Star Park will be temporarily closed from Monday, March 21, 2022,” the company wrote.The memo continued, “We will continue to monitor the pandemic situation and consult local authorities, and will notify guests as soon as we have a confirmed date to resume operations.”“We apologize for the inconvenience and will provide refund or exchange for all guests impacted during this period. Thank you for your understanding and cooperation! We look forward to seeing you soon,” they concluded.Chinese officials reported 1,807 new symptomatic COVID cases on March 13 and two people died from the virus over the weekend, the first couple in over a year.The Shanghai Disney Resort first put a halt to functionalities because of COVID-19 back in January 2020.

China city Shanghai Disneyland Theme parks

Covid reinfection: For children, natural antibodies last for 7 months, study reveals. Read here

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India information

High US inflation doesn't excuse our thrifty covid spending

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Pressure on NATO grows to do more for Ukraine, stop Putin’s aggression

As the situation in Ukraine grows grimmer every day, there’s increasing pressure for NATO and the U.S. to do more to help the Eastern European nation.

Joe Biden Jennifer Johnson Usa Poland county Johnson Ukraine president

Chinese airliner crash: State media report plane crashed with 133 aboard

BEIJING - A Chinese airliner with 133 people on board crashed in the southern province of Guangxi on Monday, state media has reported.Broadcaster CCTV said the accident involved a China Eastern Airlines Boeing 737 and occurred near the city of Wuzhou in Teng county.It said rescuers had been dispatched and there was no immediate confirmation of numbers of dead and injured.Shanghai-based China Eastern is one of China’s top three airlines, operating scores of domestic and international routes serving 248 destinations.The flight that crashed appeared to be Flight No. MU5735 from Kunming to Guangzhou, according to data from flight-tracking website FlightRadar24.

China city Beijing city Chicago city Shanghai city Guangzhou Boeing Citi

India considers widening Covid booster effort to all adults: Report

health ministry spokesperson did not immediately respond to a request for comment.

China India Italy Israel infection Health reports

(VIDEO) Locals furious over kerosene shortage block Baseline Road

COLOMBO (News 1st); A group of people enraged over the Sri Lankan government’s inability to address the present shortage, took to the streets on Monday (21) morning, demanding they be delivered Kerosene.The locals from Orugodawatte protested by blocking the Baseline Road in Colombo from the Orugodawatte Junction demanding Kerosene. After protesting for around an hour, the group moved away from the road and allowed the flow of traffic.

Sri Lanka BLOCK

Hong Kong to lift ban on flights from 9 countries in April

Hong Kong is set to resume international flights from the United States, Britain and seven other countries, the government said as it announced a loosening of some of the world's toughest Covid-19 restrictions.

Carrie Lam China Usa India Nepal Britain France Hong Kong city Hong Kong World Coronavirus

Sri Lanka seeks US $ 1.5 Bn assistance from China, says Ambassador

COLOMBO (News 1st); Sri Lanka has requested financial assistance of US $ 1.5 Bn from China.This was confirmed by the Chinese Ambassador to Sri Lanka on Monday (21) morning.

China Usa Sri Lanka

China has fully militarized at least 3 islands in South China Sea: U.S. admiral

China has fully militarized at least three of several islands it built in the disputed South China Sea, arming them with anti-ship and anti-aircraft missile systems, laser and jamming equipment and fighter jets in an increasingly aggressive move that threatens all nations operating nearby, a top U.S. military commander said Sunday.U.S. Indo-Pacific commander Adm.

Xi Jinping China city Beijing Russia Ukraine president Action Beyond

Revamped B.C. camping reservation website launches Monday

There are high hopes the new provincial site will live up to the promises when it launches on Monday, and not crash along with the dashed hopes of the past. Kamil Karamali reports.

Kamil Karamali Dash reports

Biden presses China’s Xi on support of Russia in Ukraine war

U.S. President Joe Biden spoke for nearly two hours with Chinese President Xi Jinping in a call on Friday in an effort to warn China not to support Russia’s invasion of Ukraine.

Xi Jinping Joe Biden China Russia Ukraine president

Covid-19 update: India reports 1,549 new cases, 31 deaths in last 24 hours

Covid-19 cases, India on Monday reported 1,549 Covid-19 cases, according to Union Health Ministry. The country has witnessed a steep decline in Covid-19 death cases, logging 31 deaths in last 24 hours. The active case load on Monday stood at 25,106. And, the cumulative vaccines administered in the country reached 1,81,24,97,303.

Margaret Harris China India covid-19 death Health

14,463 community cases; 1000 hospitalisations; 33 in ICU; 9 deaths reported today; more than 4 million people double vaccinated

Today we are reporting 14,463 community cases, 1,000 hospitalisations and 9 deaths.

New Zealand city Bloomfield, county Ashley county Ashley region Auckland vaccine reports BAY

Hypersonic weapons race: How the U.S. and Russia are pushing ahead

Russia in developing hypersonic weapons, the U.S. Navy is rushing to field its first, with installation on a warship starting as soon as late next year.The United States is in a race with Russia and China to develop these weapons, which travel at speeds akin to ballistic missiles but are difficult to shoot down because of their maneuverability.The Russian military says it already deployed hypersonic missiles, claiming on both Saturday and Sunday to have deployed them against targets in Ukraine marking the weapon’s first use in combat.

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Smartphone, TV prices may rise amid covid resurgence

NEW DELHI :

China city New Delhi India city Shenzhen, China Coronavirus Citi Beyond

'The Batman' Becomes Second Movie of Pandemic Era to Cross $300 Million at Box Office

The Batman remains a hit.

No Way Home China pandemic reports

China locks down millions more as Covid spreads

China has imposed stay-at-home orders on millions more people in the country's northeast as it battles its biggest Covid-19 outbreak in two years.

China city Beijing Russia North Korea city Jilin city Changchun World Coronavirus

Global Covid-19 surge: Asia reports sudden spike in cases. 10 Covid-19 updates

Covid-19 cases, India has been warned to keep the guards up. Just as China battles with a rise in daily cases driven by the highly infectious 'stealth Omicron variant'. Additionally, the World Health Organization has sent out a warning this week, with several nations across the world witnessing a sudden spike in Covid-19 cases yet again.

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China’s Covid-19 flare-up threatens backlog at busy port of Shenzhen

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China reports first deaths from COVID-19 in more than a year

BEIJING (AP) - China's health authorities reported two COVID-19 deaths on Saturday, the first since January 2021, as the country battles its worst outbreak in two years driven by a surge in the highly transmissible omicron variant.The deaths, both in northeastern Jilin province, bring the country's coronavirus death toll to 4,638.Both fatalities occurred in elderly patients and were the result of their underlying conditions, Jiao Yahui, an official with the National Health Commission, told a news briefing on Saturday. One of them had not been vaccinated for COVID-19, she said.The majority of new 2,157 community transmissions reported Saturday came from Jilin.

China city Wuhan city Beijing city Shanghai city Jilin covid-19 death reports

China reports first Covid deaths in more than a year

China reported two Covid-19 deaths today, its first in more than a year, underlining the threat posed by an omicron outbreak that has triggered the country's highest case counts since the pandemic's outset.

China city Wuhan city Beijing city Jilin World Health

Chinese Ambassador meets with Foreign Minister, discusses China-SL FTA

COLOMBO (News 1st); The Chinese Ambassador of Sri Lanka, Qi Zhenhong met with the Sri Lankan Foreign Minister Prof. G.L.

G.L.Peiris China Sri Lanka

China reports Covid deaths for first time since January 2021

omicron -- few of those infected had been seriously sick since mid-2021. Many who developed severe symptoms survived, even patients above the age of 60 and those with other underlying diseases.

China city Wuhan India death infection reports

4 more COVID-19 deaths confirmed in Alberta but hospitalization numbers continue decline

COVID-19 in Alberta, the province’s chief medical officer of health tweeted on Friday afternoon.“My sympathy goes out to all who have lost a loved one,” Dr. Deena Hinshaw tweeted.The total number of COVID-19 fatalities since the virus arrived in the province a little over two years ago is now 4,023.Despite the latest deaths, the number of people with COVID-19 in Alberta hospitals continues to trend downwards.As of Friday afternoon, Alberta Health said there were 966 people with COVID-19 in hospitals, down one from a day earlier.

Alberta Health Deena Hinshaw hospital covid-19 Health

Growing interest in horticulture helps Philadelphia urban farm thrive

PHILADELPHIA - In the dense urban landscape of Kensington lies a modest, but inspired urban city farm and plant oasis. "We grow so many things in such a small amount of space," Olivia Gamber said. She is the farm manager at Greensgrow and responsible for all aspects of growing produce. "We’re growing lettuce, greens, spinach, we’ll have corn here, we’re going to do a three sisters garden, corn, squash and beans," Gamber said. They're adding four new growing categories and they've hired additional staff to keep up with demand from customers.

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Harassment of public health officials all too common in pandemic

More than a third of local and state public health officials who resigned or were fired in the first 10 months of the COVID-19 pandemic reported incidents of workplace violence such as threats, harassment, and intimidation, according to a mixed-methods US study yesterday in the American Journal of Managed Care.

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Manitoba reports 3 more COVID-19 deaths, further drop in hospitalizations

COVID-19 have died as the number of hospitalizations linked to the virus continued to drop Friday.The latest deaths, reported on the province’s online COVID-19 dashboard, bring Manitoba’s COVID-19 death toll to 1,726. Manitoba goes mask-free, many businesses, people remain cautious The number of people hospitalized as a result of COVID-19 fell to 382 as of Friday morning, 13 fewer than had been reported 24 hours earlier.As of Friday, 13 people are in ICU with the virus, down four from Thursday.Numbers released by the province Thursday show COVID-19 hospitalizations dropped 15.6 per cent from the previous week and ICU admissions linked to the virus were down 68.2 per cent over the previous week.Manitoba lifted all remaining COVID-19 public health orders Tuesday, including a mask mandate that had required face coverings to be worn in public spaces.

Brent Roussin province Thursday virus covid-19 Health

COVID-19: Niagara Falls mayor hopes end to land border testing will help economy ‘snap back’

COVID-19 testing requirements for fully-vaccinated people crossing the border from the U.S. to Canada “could be huge” for the city beaten down economically by the pandemic.Jim Diodati says Canada’s number one leisure destination pre-pandemic had been seeing close to 14 million visitors per year which equated to about 50 per cent of revenues for the city and its businesses.However, closures to Niagara’s casinos, hotels, restaurants and general hospitality sector affected close to 32,000 (16 per cent) of residents in the entire region through job losses requiring the provincial government to inject millions in support programs to revitalize tourism in early 2021.

Niagara Falls Jim Diodati Canada covid-19 testing travelers

Jean Charest says leaders must listen to health experts on lifting federal COVID-19 mandates

Jean Charest says when it comes to lifting federal COVID-19 mandates, leaders should listen to health experts and not replace that advice with their own judgment.Federal Conservatives and their supporters have long been calling for the removal of vaccine mandates for domestic air travellers, public servants and those working in federally regulated industries.Tory MPs say rapid testing should be allowed for those who choose to be unvaccinated. They have dismissed the mandates, announced by Prime Minister Justin Trudeau before last summer’s federal election, as driving division in the country and threatening people’s livelihoods.Recently, Conservatives have pointed to provinces’ choices to drop their vaccine passport rules along with remaining health restrictions, following the Omicron-driven wave of the pandemic when infections soared.

Justin Trudeau Pierre Poilievre Jean Charest covid-19 Racing Health

Dairy Queen brings back Free Cone Day after brief COVID-19 hiatus

FILE-A Dairy Queen employee displays an ice cream cone at a DQ restaurant in New York. (Michael Nagle/Bloomberg via Getty Images) WASHINGTON - With spring days away, Dairy Queen is giving customers a special treat with the return of their popular Free Cone Day giveaway.On Monday, March 21, customers can get a free, small vanilla ice cream cone at Dairy Queen locations nationwide — except locations inside malls. The free cones are limited to one per person while supplies last and may not be valid for delivery or mobile orders. RELATED: Dairy Queen giving away free ice cream on March 20Dairy Queen was among several companies in 2021 that changed or canceled their giveaway events based on the pandemic.

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Covid pandemic 'far from over' as stealth Omicron variant drives up cases, WHO says

GENEVA :

Margaret Harris China India covid-19 pandemic Health

Canada won’t necessarily see another COVID-19 wave, experts say

After nearly a month of decline, COVID-19 infections around the world have started to creep up again. New cases have shot up by eight per cent globally compared to the previous week, according to the World Health Organization (WHO). However, experts are not sure Canada will see another wave even with loosened public health measures.

Gerald Evans China Canada WHO Health

Biden to assess where Chinese President Xi Jinping stands on Russia's war

WASHINGTON - President Joe Biden and China's Xi Jinping are set to speak on Friday as the White House warns Beijing that providing military or economic assistance for Russia's invasion of Ukraine will trigger severe consequences from Washington and beyond.Planning for the call has been in the works since Biden and Xi held a virtual summit in November, but differences between Washington and Beijing over Russian President Vladimir Putin's prosecution of his three-week-old war against Ukraine are expected to be at the center of the call.White House press secretary Jen Psaki said Biden would question Xi about Beijing's "rhetorical support" of Putin and an "absence of denunciation" of Russia's brutal invasion of Ukraine."This is an opportunity to assess where President Xi stands," Psaki said.China on Friday again sought to highlight its calls for negotiations and donations of humanitarian aid, while accusing the U.S. of provoking Russia and fueling the conflict by shipping arms to Ukraine."China has called for every effort to avoid civilian casualties all the time," Foreign Ministry spokesperson Zhao Lijian told reporters at a daily briefing.

Xi Jinping Joe Biden Vladimir Putin Zhao Lijian Jen Psaki China Taiwan Washington city Washington, area District Of Columbia area District Of Columbia Russia Ukraine president Action Provident

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Federal Reserve hikes interest rate to fight inflation, more to come

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