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The California attorney general announced Wednesday his office will investigate the Los Angeles City Council to determine whether any laws were broken after an audio recording of racist remarks surfaced this week. Martinez has resigned as council president, and she announced she is taking a leave of absence from the council, according to NBC Los Angeles. Bonta said in the statement he was “deeply appalled" by the remarks from some of Los Angeles’ highest-ranking officials. A council meeting Wednesday was also met with a hostile crowd that disrupted the beginning of the meeting more than once. “The leaked audio has cast doubt on a cornerstone of our political processes for Los Angeles," Bonta said in the Wednesday statement.
The US and other NATO allies have in turn stepped up efforts to send Ukraine air defense systems. Among these advanced systems are the IRIS-T SLM and NASAMS. Since then, NATO countries like the US, Germany, and the Netherlands have publicly expressed a desire to quickly get air defense systems into the hands of Ukrainian forces. Germany's defense ministry said on Monday that it was delivering the first of four IRIS-T SLM air defense systems to Ukraine, adding that the recent attacks show "how important the air defense capability for Ukraine's self-defense is." The advanced IRIS-T SLM can defend against missiles as far as 25 miles away and hit targets flying at an altitude of around 12 miles.
The LGBTQ student group at Yeshiva University made the “painful” decision to pause its efforts to receive official university recognition so that the university would allow the rest of its student clubs to continue operating, the group said Thursday. “This was a painful and difficult decision,” the Pride Alliance said in the statement. “Now that Pride Alliance has offered a stay, we have sent their lawyers a signed agreement to stay the trial court order,” Eisenman said, according to a news release. “We came to YU because we want to be part of this institution,” the Pride Alliance said in its Wednesday statement. “YU accepted us as students, YU collects the same tuition from us as everyone else, and we will not be second-class citizens.
Fugitive 'Fat Leonard,' who pleaded guilty to involvement in a US Navy bribery scandal, was caught in Venezuela. Interpol Venezuela said it captured Leonard Glenn Francis trying to flee the country for Russia. Leonard recently cut his GPS ankle bracelet and fled house arrest in San Diego, where he was awaiting sentencing. Francis, a former military contractor who is also known as "Fat Leonard," was captured at an airport while trying to flee the country, Interpol Venezuela said in a Wednesday statement shared to Instagram. —USMS San Diego (@USMSSanDiego) September 6, 2022The US Marshals Service confirmed Francis' capture in Venezuela to the Associated Press.
Many Russians are trying to flee the country after Putin declared partial military mobilization. Plane tickets have sold out or skyrocketed in price, and land border crossings are seeing increased traffic. In trying to avoid deployment, fleeing Russians are facing traffic jams at border crossings and plane tickets that are either incredibly expensive or simply sold out. "Incoming traffic at the eastern border increased during the night," Finland's border guard said in a Wednesday statement. Western officials, as well as former diplomats and Russia experts, say that Putin's partial mobilization shows that Russia is "failing" or "losing" in Ukraine.
"Inflation developments and the further improvement in the labor market" sparked the move, the Fed said. Fed officials signaled they'll raise interest rates three times in 2022 to cool inflation. In a Wednesday statement, it attributed this acceleration to "inflation developments and the further improvement in the labor market." Though Powell has maintained the surge will be transitory, faster tapering suggests the Fed will more aggressively fight inflation in 2022. Median forecasts from Fed officials see the benchmark rate climbing to 0.9% in 2022 from 0.1%, and higher still to 1.6% in 2023.
The Fed will start shrinking its emergency asset purchases later in November, according to a Wednesday statement. The central bank announced Wednesday it would begin tapering its asset purchases later in November. The central bank slashed interest rates to zero and began its asset purchases early in the pandemic to keep markets working normally and lower borrowing costs. The tapering schedule signals new priorities for the central bank. The central bank has a different and "more stringent" test for eventually lifting rates, he added.
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