Powell Lauds Fed's 'Precious' Independence From Politics

WASHINGTON—Federal Reserve Chairman Jerome Powell underscored the importance of the Fed’s nonpartisan independence during an online forum for teachers hosted at the central bank’s headquarters on Wednesday night. Mr. Powell said the Fed’s decentralized structure has fostered an “institutionalized diversity of perspectives.” He said it was this feature that had allowed the central bank to… Read More

Stansted 15 activist: 'Relieved we're not going to prison' – BBC News

Protesters who delayed flights and closed a runway after they broke into Stansted airport and attached themselves to a plane, have avoided immediate jail sentences.They were demonstrating about a deportation flight heading to Nigeria, Sierra Leone and Ghana.Of the 15 protestors, 12 received community orders and three were handed suspended jail terms, under the charge… Read More

Body Is Recovered From Wreckage of Soccer Star Emiliano Sala’s Plane – The New York Times

Europe|Body Is Recovered From Wreckage of Soccer Star Emiliano Sala’s PlaneImageA moment of silence for Emiliano Sala at a Cardiff City match on Saturday.CreditCreditGeoff Caddick/Agence France-Presse — Getty ImagesA body has been recovered from the plane carrying the Argentine soccer striker Emiliano Sala, which crashed into the English Channel last month, the British authorities said… Read More

US-German tensions spike over terror suspect dispute – CNN

Washington (CNN)Tensions in the fraught relationship between Washington and Berlin are spiking again, as Trump administration officials rail against Germany for deporting a terrorist to Turkey instead of extraditing him to the US following a 2015 indictment.The dispute over Adem Yilmaz, a German-Turkish citizen, led to a tense meeting at the State Department Wednesday, where… Read More