9/11 victims cannot seize Afghan central bank assets – US judge | The Express Tribune
[ NEW YORK: A U.S. judge decided on Tuesday that victims of the Sept. 11, 2001, attacks are not entitled to seize $3.5 billion of assets belonging to Afghanistan\’s central bank to satisfy court judgments they obtained against the Taliban. U.S. District Judge George Daniels in Manhattan said he was \”constitutionally restrained\” from finding that […]
NZ central bank hikes by 50bps, flags more to come as inflation ‘too high’; kiwi jumps
WELLINGTON: New Zealand’s central bank raised interest rates by 50 basis points to a more than 14-year high of 4.75% on Wednesday, and said it expects to keep tightening further as inflation remains too high, a hawkish signal that sent the local dollar surging. The Reserve Bank of New Zealand (RBNZ) said it was too […]