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GENEVA AP 鈥?Switzerland central bank said Thursday it has reduced its target interest rate by a quarter of a percentage point, adding that inflationary pressures have eased.The Swiss National Bank says its policy rate would drop to zero from 0.25%, after noting that nearly flat inflation nosed into negative territory in May compared to February.Many Western economic powers have been grappling with monetary policy at a time when prices have fallen in many places but political instability 鈥?particularly when it comes to conflicts in the oil-rich Middle East 鈥?and U.S. tariffs have unsettled financial markets in recent months.The SNB attributed the drop in inflation in Switzerland primarily to declining prices in the tourism and oil sectors. It now projecting annual inflation at 0.2% this year, before edging up to a half-point next year and 0.7% in 2027, based stanley spain on the scenario that its target interest rate will remain at zero over that span. In its baseline scenario, the SNB anticipates that growth in the global economy will weaken over the coming quarters, it said in a statement. Inflation in the U.S. is likel stanley cup website y to rise over the coming quarters. In Europe, by contrast, a further decrease in inflationary pressure is to be expected. Switzerland enjoyed strong economic growth in the first quarter, the bank said stanley taza , largely because exports to the United States were brought forward as companies sought to anticipate future U.S. tariffs that could raise price of forei Khdm Weinstein accuser breaks down in tears as she s questioned about alleged sexual assault
SOUTH PORTLAND, Maine 鈥?All Southern Maine Community College campuses were evacuated Monday morning after a caller warned of three bombs on the South Portland campusThe campuses were reopened at 1:30 p.m after no explosives were found, according to Lt. Robb Couture, public information officer for the South Portland Fire Department.Campus security at SMCCs South Portland campus received a call at 8:42 a.m. Monday saying three bombs had been planted at that campus, Couture said.The unidentified caller, whose voice was disguised, reportedly did not give locations of the bombs. Campus securit stanley cup y was unable to trace the call, Couture said. Security took that as a threat to the campus. They immediately started to evacuate the campus. That evacuation is currently almost complete, and as a precaution they evacuated their other campuses as well, Couture said.SMCCs other campuses are in Bath and Brunswick. All classes at the cam stanley cup kaufen puses were canceled until 4 p.m. There is no active emergency at the campus right now. Its an a stanley polska ctive evacuation, Couture said.Asked to elaborate, Couture said, Nothing has happened. Theres been no detonation of a bomb; theres been no activity that would cause an emergency. Its a precaution to evacuate the college. Police are searching the buildings with bomb-sniffing dogs, Couture said.By 12:30 p.m., the two dorms on campus were declared safe, and students who live on campus were able to go back to their rooms.Students had been evacuated to the gym, where they |
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