Category: central

A Mudslide in Colombia Kills at Least 14 People and Blocks a Crucial Highway

BOGOTA, Colombia—A mudslide in central Colombia killed at least 14 people early Tuesday and blocked a highway that connects Bogota to the nation’s eastern plains, officials said. The avalanche of mud and debris took down several homes in Quetame, a municipality located an hour’s drive southeast of Bogota. It was unleashed by heavy rains that…


Suspect in Killing of 4 People, Including 2 Police Officers, in Japan Captured After Standoff

TOKYO—Police said they arrested a man Friday who had holed up in his father’s house armed with a rifle and a knife after allegedly killing four people, including two police officers, in central Japan. TV Asahi showed the man with his hands on his head walk out of the house and be ushered into a…


Strong Quake in Central Japan; 1 Dead, More Than 20 Injured

TOKYO—A strong, shallow offshore earthquake hit central Japan on Friday afternoon, killing at least one person and injuring more than 20 others and disrupting plans for holidaymakers. The magnitude 6.2 quake struck Ishikawa prefecture on the west coast of Japan’s main island of Honshu, the U.S. Geological Survey said. The Japan Meteorological Agency measured the…


Landslide in Ecuador Kills at Least 7, With Dozens Missing

ALAUSI, Ecuador—A huge landslide swept over an Andean community in central Ecuador, burying dozens of homes, killing at least seven people and sending rescuers on a frantic search for survivors, authorities said Monday. Earlier in the day, officials had reported 16 deaths, but President Guillermo Lasso put the confirmed toll at seven as he arrived…


Central Banks Bought the Most Gold Since 1967 Last Year, WGC Says

LONDON—Central banks added a whopping 1,136 tonnes of gold worth some $70 billion to their stockpiles in 2022, by far the most of any year since 1967, the World Gold Council (WGC) said on Tuesday. The data underline a shift in attitudes to gold since the 1990s and 2000s, when central banks, particularly those in…


Baby, Teen Mother Among 6 Killed in Shooting at California Home

VISALIA, Calif.—Six people—including a 17-year-old mother and her 6-month-old baby—were killed in a shooting early Monday at a home in central California, and authorities are searching for at least two suspects, sheriff’s officials said. Deputies responded around 3:30 a.m. to reports of multiple shots fired at the residence in unincorporated Goshen, just east of Visalia,…


Russian Central Bank Plays Down Role of Dollar and Euro at Home and Globally

Russia’s central bank said on Tuesday that the role of the dollar and the euro as global currencies would decline as central banks rethink their strategies after the West froze Russian reserves, suggesting it could consider imposing negative rates for dollar and euro deposits. Unprecedented Western sanctions have frozen around half of Russia’s gold and…


Moscow Exchange to Resume Shares and Bond Trading in Normal Mode on Monday: Central Bank

The Russian central bank said on Saturday that the Moscow Exchange will resume trading on Monday, with shares and bonds in normal mode. It said the trading session will last from 9:50 a.m. until 1:50 p.m. Moscow time (0650–1050 GMT).


Russia: Capital Controls Were Tit-for-Tat Move After Central Bank Reserves Frozen

Restrictions Russia’s central bank imposed in the past month on capital flows out of the country were a tit-for-tat move in response to part of its reserves being frozen by Western countries, the regulator said on Friday. Western sanctions imposed on Russia for what Moscow calls “a special military operation” in Ukraine have limited the…


Russian Central Bank Raises 1.4 Trillion Roubles at 1-day Deposit Auction

Russia’s central bank on Monday said it had raised 1.4 trillion roubles ($12.44 billion) at one-day “fine-tuning” deposit auction. The bank earlier on Monday provided banks with 2.1 trillion roubles at a one-day repo auction, as it seeks to help lending institutions manage their liquidity. ($1 = 112.5470 roubles)