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The International Monetary Fund’s Kristalina Georgieva expressed confidence that the US will reach a deal on the debt

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Long airport lines, jammed planes, higher fares and potential flight delays are set to plague the coming summer

Over the last 14 months, the Federal Reserve has taken a deliberate and economically painful approach to combating elevated inflation rates through interest rate hikes. The regional banking crisis and a possible debt-ceiling induced default on US debt could change all of that.

Southampton have confirmed that manager Ruben Selles will not have his contract renewed at the end of the season. A dismal 2022/23 campaign has seen Saints relegated to the Championship, bottom of the Premier League table with one match to play. Ralph Hasenhuttl was dismissed partway through and Nathan Jones appointed, but his tenure was disastrous and short-lived, with Selles taking over from him in February, initially as interim boss. After a positive response and a couple of improved results, Selles was handed the job until the end of the season and was initially bullish about his team’s chances of survival, but a run of just one draw and nine defeats in their last ten has seen them brutally cut adrift and consigned to the drop. Southampton have now confirmed that after talks with the Spaniard, the 39-year-old will not be retained as the south coast club undertake a sweeping overhaul in preparation for life in the second tier. A short statement read: “The club wants to place on record its thanks to Ruben for taking on the managerial position at a difficult time for the club and for giving his all as we attempted to stay in the Premier League. “Ruben will take charge of the team for the final game against Liverpool on Sunday at St Mary’s. We wish him all the best for his future career.” Earlier in the week, Saints also confirmed the departure of Martin Semmens as CEO, a position he had held since 2019. Ownership group Sport Republic announced they were “taking full operational control” with Dragan Solak appointed Chairman of Sport Republic with the mandate to have an active role in overseeing “the activities of the Group” and “supporting the leadership of the club”. Rasmus Ankersen remains in charge of football strategy and Henrik Kraft stays as Saints’ chairman, while also now taking on the role of interim CEO until a replacement for Semmens is confirmed. Jason Wilcox is also arriving at the club this summer as director of football. Read More When does the Premier League transfer window open and close this summer? Supercharged Newcastle’s four key transfer targets to strengthen for Champions League Roberto De Zerbi: Brighton’s Lewis Dunk has been playing through pain barrier

BERLIN There will be no blanket spending cuts in the 2024 budget, German Finance Minister Christian Lindner said

Many large European banks are emerging from early rounds of a key stress test in robust financial health,

The California attorney general's office will review the decision not to charge a security guard in the fatal shooting of a suspected shoplifter last month at a Walgreens store in downtown San Francisco, it said Tuesday.

Israel’s parliament passed a national two-year budget that includes billions of dollars in funding for West Bank settlements

The bedchamber sword of Tipu Sultan, an 18th-century king famous for the commanding role he played in wars in southern India, has sold for £14 million ($17.4 million) at auction in London.

By Dan Williams JERUSALEM Prime Minister Benjamin Netanyahu secured a two-year Israeli national budget on Wednesday and suggested

WASHINGTON The U.S. State Department on Monday said Russia's Wagner Group is trying to obscure its efforts to