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By CHRISTOPHER RUGABER Writer in economics of AP WASHINGTON (AP) – Federal Reserve Chairman Jerome Powell on Tuesday took a sudden and unexpected turn to tighten consumer and business credit amid growing concerns over high inflation. Powell has signaled that the Fed will likely move faster to phase out its ultra-low interest rate policies even …

Next week, US President Joe Biden will convene his World Summit for Democracy, a virtual gathering of world leaders that aims to promote human rights, fight corruption and discuss ways to strengthen democracy against a rising tide of authoritarianism across the world. The event fulfills a campaign promise made by then-candidate Biden to host a …

By ANNE D’INNOCENZIO Editor AP Retail NEW YORK (AP) – Americans are spending freely and returning to shop in-store, reversing some of the momentum in online sales last year, when Americans did much of their shopping exclusively through the internet. Shopper traffic roared on Black Friday, but it was still below pre-pandemic levels, in part …

Iran and Turkey agreed on Sunday to strive for “an overall improvement in relations” at a meeting of the 15th summit of the Organization for Economic Cooperation (ECA) in Ashgabat, the capital of Turkmenistan. Iranian Foreign Minister Hossein Amir-Abdollahian said on Twitter that Iranian President Ebrahim Raisi and his Turkish counterpart Recep Tayyip Erdogan also …

Abstract During the first half of 2021, approximately 438,000 Palestinian refugees in Syria, 28,017 Palestinian refugees from Syria (PRS) in Lebanon and 18,164 PRS in Jordan entered a state of greater poverty and vulnerability as the impact socio-economic impact of the COVID-19 pandemic has worsened. and unemployment rates have skyrocketed across the region.In Syria, the …

By ADAM BEAM Associated Press FOLSOM, Calif. (AP) – The Hampton Inn in Folsom, Calif. Has 147 rooms, but general manager Enid Baldock was only able to rent 117 recently because she didn’t have enough staff to clean them. “I refused people with 30 (available) rooms. Ridiculous, ”she said as she stuffed sheets into a …

WASHINGTON – The number of Americans claiming unemployment benefits fell last week to its lowest level in more than half a century, another sign that the US labor market is rebounding quickly from last year’s recession . Unemployment claims fell from 71,000 to 199,000, the lowest since mid-November 1969. But seasonal adjustments around the Thanksgiving …

Beirut, November 26, 2021 – The government of the Netherlands and UNESCO today signed a media funding agreement for the upcoming parliamentary elections in Lebanon, as part of UNESCO’s flagship initiative Li Beirut. Hans Wesseling, Ambassador and Permanent Representative of the Netherlands to UNESCO and Tawfik Jelassi, UNESCO ADG for Communication and Information, signed the …

By NICOLE WINFIELD, Associated Press ROME (AP) – Pope Francis told the Lebanese Prime Minister on Thursday that he prayed that God would help Lebanon to “rise up” and to get back on its feet following an unprecedented economic crisis that has thrown the three quarters of the country’s 6 million inhabitants, including one million …

It has been 20 years since Bahaa Hariri voted in the Lebanese elections. After the assassination of his father Rafik Hariri in 2005, the heir apparent to Lebanon’s most influential family retired to Paris, where he has spent the past 15 years running a business empire. Devoured with grief, he had no interest in following …