US Federal Reserve Chairman Jerome Powell during a press conference in Washington after the Fed raised interest rates on September 21 – Photo: REUTERS
* The US continues to raise interest rates. On September 21, the US Federal Reserve (Fed) made history after approving a 75 basis point increase for the third time in a row this year. This is considered a positive move to address the hot inflation that is affecting the US economy.
According to CNN, the latest increase has brought the central bank’s benchmark lending rate to 3-3.25%. That was the highest deposit rate since the 2008 global financial crisis.
In addition, the Fed also significantly lowered its forecasts on economic growth. Accordingly, the US economy is forecast to grow at 1.7% in 2022, down 0.2% from the forecast made in June. Inflation later this year will also remain high at 5.4%, before falling to near normal levels next year.
* Russia releases prisoners of war in Ukraine. On September 21, Russia released 10 prisoners of war captured in Ukraine after a mediation brokered by Saudi Crown Prince Mohammed bin Salman.
“The relevant authorities of Saudi Arabia have received and received them from Russia to the kingdom and are facilitating the procedures for them to return home,” Saudi Arabia announced, without giving their names.
Meanwhile, a family representative told Reuters that Russia had freed US citizens Alexander Drueke, 39, and Andy Huynh, 27, in a prisoner exchange deal brokered by Saudi Arabia. .
On the same day, a senior official in Kiev said Russia also released 215 Ukrainians taken prisoner after a protracted war in the port city of Mariupol earlier this year, including top military leaders.
A vegetable stall in Havana, Cuba – Photo: REUTERS
* The US is about to fully resume the immigrant visa process in Havana. According to Reuters, the US government plans to completely scrap the immigrant visa process in Havana (Cuba) for the first time since 2017. The new move comes after high-level negotiations earlier this year. between the two countries.
On September 21, the US State Department said the change is expected to be implemented in early 2023. This will allow Cubans applying for family immigrant visas to undergo an interview in the US. Havana, instead of going to the South American country Guyana.
* Japan, South Korea agreed to improve bilateral relations. On September 21, Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol agreed to restore healthy bilateral relations, resolve historical and territorial disagreements, and strengthen cooperation. counter the missile and nuclear threat from North Korea.
This is the first summit between Japan and South Korea since late 2019. The Japanese and Korean governments confirmed at a 30-minute discussion in New York (USA) on the sidelines of the 77th session of the United Nations General Assembly.
* Russia continues to participate in the International Space Station until 2028. Yuri Borisov – head of Russia’s space agency Roscosmos – said that Russia has a high probability of still participating in the International Space Station (ISS) project until 2028.
According to RIA news agency, the Russian side said it would be ready to extend the agreement with the US to share flights to the ISS after 2024, if the first three flights are successful.
Russian Space Agency (Roscosmos) Director Yuri Borisov (2nd from left) walks with cosmonaut Sergey Prokopyev to the Soyuz MS-22 rocket, before launch at Baikonur Cosmodrome, Kazakhstan, September 21 – Photo: REUTERS
* NATO sends reserve troops to Kosovo for training. The North Atlantic Treaty Organization (NATO) has sent reservists assigned to a peacekeeping mission (KFOR) to Kosovo for training. One of the mission commanders said the decision was made amid a dispute between Serbia and Kosovo that could spark new unrest.
KFOR’s eastern region commander, Colonel Christopher Samulski, did not give any specific figures on the number of reservists that had arrived in Kosovo, saying only that the unit was “battalion size”. A battalion usually has 500 – 1,000 troops.
* Indonesia, India open more direct flights. Indonesia’s North Sumatra Kualanamu International Airport will operate a direct route to India by the end of 2022.
On September 21, a representative of Angkasa Pura Aviasi National Airport (Indonesia) announced that the direct route will create favorable conditions for economic cooperation, tourism development and cultural exchange between the two countries. .
* Malaysia set up an agency to rescue victims of “high-paying light jobs” scams. According to the VNA, Malaysia has announced that it will establish a special inter-ministerial committee headed by the Ministry of Foreign Affairs to ensure that Malaysians who are victims of foreign worker scams and are stuck in foreign countries. another country, safely repatriated.
The Malaysian government said the decision to set up a special committee was agreed at the Malaysian cabinet meeting on September 21.