March 23, 2023: Russia loses steam, interest rates, TikTok, US in China Sea, France protests

1. As Russia's offensive loses steam without taking Bakhmut, Ukrainian troops are planning to launch a long-awaited counterassault, according to a top commander.

2. The Federal Reserve raises interest rates by a quarter of a percentage point but indicates it could pause further hikes after the recent collapse of two U.S. banks.

3. Advertisers are seeking any assurances from the social media app TikTok as the Chinese-owned company faces a potential ban in the U.S. over national security concerns.

4. China's military says it has monitored and driven away a U.S. destroyer that illegally entered waters around the Paracel Islands in the South China Sea.

5. French workers blocked access to a terminal at Paris' main airport as part of a day of protests against President Emmanuel Macron’s plan to raise the pension age.

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