Hong Kong pro-democracy lawmakers were arrested and then released on Monday over their involvement in mass protests for free elections, the latest step in a widespread investigation that has been accused of seeking to intimidate activists. Albert Ho and Helena Wong, both of the Democratic Party, voluntarily turned themselves in at Wan Chai police headquarters Monday morning on the request of the police. Both were holding small paper yellow umbrellas -- the symbol of the democracy movement -- as they went into the police station while supporters carrying umbrellas and placards shouted "We want universal suffrage". "Today Albert Ho and myself were formally arrested," said Wong after she was released.
Ugandan President Yoweri Museveni replaced his finance, security and transport ministers in a reshuffle on Sunday, which analysts said was aimed at rewarding his allies ahead of an election due early next year. Museveni, in power since 1986, is widely expected to seek re-election. In the reshuffle, Matia Kasaija, a junior finance minister was promoted to finance minister, replacing Maria Kiwanuka, who will become senior presidential adviser for finance. Charles Rwomushana, a political analyst, said the changes were also aimed at bringing politicians seen as sympathetic to Museveni's former prime minister, Amama Mbabazi, into the cabinet.
Not all of the seven who point to June vote this year on the Fed's ten-member policy setting committee, but all participate in policy discussions. The Fed is likely at its March 17th and 18th policy meeting to remove language saying the central bank will take a "patient" approach to raising rates, taking away the final verbal constraint to a June rate hike, current and former Fed officials say. "It's likely they remove 'patient' in March," said David Stockton, a former Fed research director now at the Peterson Institute for International Economics. "Even if Yellen might not, left to her own devices, be ready to move on rates, there is probably a growing sentiment that the time is getting closer." The use of the word "patient" signals that the Fed would wait at least two more meetings before considering a rate hike. If the Fed later this month says it remains patient, then a June increase is off the table, likely pushing the decision to September when the Fed is scheduled to hold a press conference after its meeting. Stockton said he personally expects a September liftoff.