Some – including President Trump – accused the Fed of being too timid, given that recent economic data suggest the US economy may be running out of steam.

Jerome Powell was surprisingly vague about the rate path ahead, denting hopes of further cuts this year. Although the US Federal Reserve delivered its first rate cut – of 25 bps – in over a decade, it adopted a less accommodative stance than expected, which dampened investor enthusiasm. The slew of bad news and far-from-positive events prompted investors to move into less risky assets, especially sovereign bonds. Russia refused to allow an autopsy and repatriated the body.Stock markets have experienced an uptick in volatility in recent weeks. Earlier this year, a young diplomat was found dead on a Berlin street after having seemingly fallen from a window on an upper floor of the embassy. Russia's western embassies have attracted attention in connection with mysterious deaths before. The year before the killing, Russian agents poisoned a former Russian agent and his daughter in a provincial English city. Security experts warn that agents established at large legacy embassies in formerly Soviet-allied states in eastern Europe can easily travel anywhere in the European Union. That's misleading: only the convict is on the bench.' 'Some media suggested that Russia or even Vladimir Putin are on trial here. 'Four children lost their father, two siblings their brother,' the judge said. The fact that he had obtained false papers just over a month before the hit showed that he was backed by the Russian state, Arnoldi said, noting that Russian law allowed its agents to assassinate 'terrorists', even abroad, albeit only with presidential approval. But Arnoldi said that pictures provided by Ukrainian authorities from his wedding to his Ukrainian wife, together with a comparison of their tattoos, proved beyond all doubt that the bearer of the false papers was the man they had identified as an agent of Russia's FSB security service. Russia has maintained that the convicted murderer is not Krasikov. Within minutes, armed police surrounded Krasikov while others fished his clothes, the murder weapon and Khangoshvili's bike out of the river where the agent had thrown them. Only the presence of witnesses thwarted his plan, Arnoldi said.

He shot Khangoshvili as he cycled through the park, before hiding in a bush to remove his dark clothes and baseball cap, trim his beard and don the clothes of a tourist strolling through Germany's capital. Arnoldi said that Krasikov flew to Paris several days before the hit, equipped with a false passport and thousands of euros in cash for his planned getaway, and from there journeyed to Berlin.

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