The PBOC stressed that its interbank rate hikes simply followed the market's development, thus are not "true" policy rate hikes. Nevertheless, it also listed four classical rate-hike reasons for the interbank rate changes: the economic recovery, rising inflation (particularly that of housing), strong credit growth and Fed's rate hikes.
"The Greek people have just about reached the limits of their strength...Bishop Ambrossios is urging people to revolt.. and rebellious citizens, will declare themselves against the entire political system, and take their fight not to the parliament but to the streets."
With Donald Trump leading the United States, Europe seems to be losing trust in the American nuclear umbrella. As the EU focuses on the need to have its own military, the issue of European nuclear deterrent comes to the fore. The debate has been triggered. This issue is intensively discussed in Germany.
On Wednesday a large number of Twitter accounts including news agencies, and policial entities were hacked by a pro-Turkish group and posted content supporting Turkish President Recep Tayyip Erdogan in his feud with Europe, with hashtags in Turkish reading “NaziGermany” and “NaziHolland.”
"If they infringe on the DPRK's sovereignty and dignity even a bit, its army will launch merciless ultra-precision strikes from ground, air, sea and underwater," the North's state news agency KCNA adding that "on March 11 alone, many enemy carrier-based aircraft flew along a course near territorial air and waters of the DPRK to stage drills of dropping bombs."
The US Navy's legendary SEAL Teaim 6, together with the Delta Force, a special mission unit of the U.S. Army whose main tasks include hostage rescue and counterterrorism, are practicing the removal of Kim Jong-un as well as the infiltration and destruction of North Korea’s weapons of mass destruction, South Korean press reported.
The Turkish cabinet was on Monday expected to consider imposing sanctions on the Netherlands in a deepening row with its NATO ally over a ban on its ministers speaking at political events in Rotterdam, and one minister said punitive measures were likely.
Intel has agreed to buy Israeli technology firm Mobileye for $14-$15 billion according to a report in Israeli financial newspaper TheMarker, sending MBLY shares soaring over 30% higher premarket. An official announcement of the acquisition, the largest ever for an Israeli high-tech company, is expected later on Monday, TheMarker reported on its website.