Feeling global slowdown, Fed keeps interest rate unchanged
The Federal Reserve cut its outlook for the US economy and kept its interest rate policy unchanged, citing the impact of the global slowdown and turmoil in world markets.
Giving a picture of the US economy less bullish than many had expected, the Fed still forecast continuing hikes to the federal funds rate this year, but at a slower pace than foreseen in December.
That outlook kept the Fed still headed in the opposite direction of other leading central banks, with the European Central Bank and the Bank of Japan, among others, having cut interest rates into negative territory to fight off deflationary pressures and stagnant growth.
Four arrested over suspected attack plan in Paris
French anti-terrorism police arrested a group with Islamist militant ties, suspecting one of them may have been planning an attack in Paris, France’s interior minister said.
“We have information about one person that suggests that he could undertake violent actions in France,” Interior Minister Bernard Cazeneuve said, adding the man was thought to have ties with Islamic State in Syria.
“This person was arrested this morning along with people linked with him,” Cazeneuve said, warning against jumping to the conclusion that an attack was imminent.
Refugee conditions in Greece 'deteriorating': Angelina Jolie
Hollywood star and UNHCR goodwill ambassador Angelina Jolie turned the spotlight of celebrity onto the plight of thousands of refugees crowded in camps in Greece.
After visiting a makeshift camp in the port of Piraeus, Jolie said the refugees were stuck in a "deteriorating humanitarian situation" and needed help.
The 40-year-old actress, dressed in a black T-shirt and trousers, spent around 30 minutes at the port, speaking to UN staff and refugees coming to Piraeus from the islands facing Turkey.
Football: Klopp wants 'fearless' Liverpool against United
Jurgen Klopp insists neither he nor Liverpool are scared as the club look to make good on a 2-0 first-leg lead and see off Manchester United for a place in the quarter-finals of the Europa League.
United will be desperate to overturn the deficit from the first leg when the arch-rivals meet at Old Trafford on Thursday.
But Klopp was adamant that Liverpool, who outclassed United at Anfield last week, must be "brave and aggressive" in the second leg after twice losing to their old foes in the Premier League this season.
Alzheimer's 'lost' memories may be recoverable: Study
Sufferers of Alzheimer's disease may not have "lost" their memories, but could simply have difficulty accessing them, say researchers, unveiling a possible treatment that could one day offer a cure to the ravages of dementia.
Nobel Prize-winner Susumu Tonegawa said studies on mice showed that by stimulating specific areas of the brain with blue light, scientists could make the creatures recall thoughts that were otherwise unavailable to them.
The results offer some of the first evidence that Alzheimer's disease does not destroy specific memories, but rather makes them inaccessible.