Lebanon Recession

Elaf Group to launch new hotel brand Joudyan next month
BUDAPEST (Reuters) – European Union efforts to impose an embargo on Russian oil faced further hurdles on Wednesday, with Hungarian officials saying they would not support the plan in its current form and recommending to remove the subject from the agenda of the summit of European leaders next week. The EU has been working to …

Kashmiri minority Hindus demand relocation after community member killed
KYIV, Ukraine (Reuters) – Russia continued its offensive in eastern Ukraine on Sunday as Poland’s president traveled to Kyiv to support the country’s European Union aspirations, becoming the first foreign leader to address the Ukrainian parliament since the beginning of the war.The lawmakers gave President Andrzej Duda a standing ovation, who thanked them for the …

Stocks falter on Wall Street, edge closer to bear market | Technology
By DAMIAN J. TROISE and ALEX VEIGA – AP Business Writers NEW YORK (AP) — Stocks faltered Thursday afternoon on Wall Street as lingering inflation continues to weigh on the economy and keeps major indexes mired in a deep recession. The S&P 500, the benchmark for many index funds, just suffered its biggest drop in …

Stocks rise on Wall Street; new report shows strong retail sales | Health, Medicine and Fitness
By DAMIAN J. TROISE – AP Business Writer NEW YORK (AP) — Stocks rose in afternoon trading on Wall Street on Tuesday as investors scrutinize an encouraging retail sales report and a mixed batch of earnings updates from several major retailers. . The S&P 500 was up 1.2% at 12:06 p.m. EST. The Dow Jones …

The Lebanese people voted in the most important parliamentary election
Several new political groups have emerged from the opposition movement and are competing in Sunday’s race, coming face to face with establishment parties. Political observers consider this election highly competitive and unpredictable. Earlier this year, three-time Prime Minister Chad Hariri – the leader of the country’s largest Sunni Muslim parliamentary group – retired from politics …

Asian stocks rebound, dispelling inflation fears | National
By ELAINE KURTENBACH – AP Business Writer Asian stocks rebounded on Friday from losses earlier in the week, ignoring data showing wholesale prices in the United States climbed 11% in April from a year earlier. The regional rally followed a mixed, muted close on Wall Street. Oil prices and US futures were also higher. Investors …

Tech Sector Leads Stocks Lower as Inflation Remains High | Technology
By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA – AP Business Writers NEW YORK (AP) — Stocks fell on Wall Street on Wednesday, led by further declines in tech companies, after an inflation report turned worse than expected. An early rally faded, leaving the S&P 500 down 1.6% after swinging between gains and losses …
Saudi energy minister blames lack of investment for fuel price spike
Adds quotes RIYADH, May 9 (Reuters) – Saudi Energy Minister Prince Abdulaziz bin Salman said on Monday that the gap between crude oil prices and jet fuel, diesel and gasoline prices was around 60% in some cases due to lack of investment in refining capacity. The prince, speaking at an aviation summit in Riyadh, said …

Fewer immigrant labor in the United States contributes to higher prices | Health, Medicine and Fitness
By NICHOLAS RICCARDI – Associated Press Just 10 miles from the Rio Grande, Mike Helle’s farm is so short of immigrant workers that he has replaced 450 acres of labor-intensive leafy greens with crops that can be harvested by machines. In Houston, Al Flores has raised the price of his barbecue restaurant’s brisket plate because …

Days after announcing $773 million takeover bid, Zymeworks minority shareholder adds AstraZeneca oncology vet to team – Endpoints News
Alan Barge The investment firm that launched an unsolicited takeover bid for Zymeworks has now tapped an AstraZeneca vet to help design the future strategy, adding some weight to its $773 million bid. dollars. Alan Barge, former head of oncology at AstraZeneca, joins All Blue Capital as an oncology drug development advisor. “I worked closely …

What to do if you contract COVID while travelling; Plus, countries easing COVID restrictions and more virus news | National
Amazon ends its Covid-19 paid sick leave policy Amazon is ending its Covid-19 paid sick leave policy starting Monday, the company said in a memo to employees over the weekend that was shared with CNN Business. The return to pre-pandemic sick leave policies means all US employees will now have up to five days of …

Economic fallout from war in Ukraine could bring business to US railroads: analysis
A BNSF Railway export grain train travels through the Mojave Desert east of Barstow, California in June 2014. (Chase Gunnoe) CHARLESTON, West Virginia — Russia’s self-inflicted economic recession following the war in Ukraine will likely undo more than a decade of economic progress as other countries end ties with Russians. For the United States, this …

Asian stocks decline, echoing broad Wall Street slump | Health, Medicine and Fitness
By YURI KAGEYAMA – AP Business Writer TOKYO (AP) — Asian stocks fell on Wednesday, echoing a broad decline on Wall Street and driven by concerns about how the war in Ukraine could drive up prices for oil and other commodities. Tokyo’s benchmark rose after Prime Minister Fumio Kishida announced measures to help poor families …

Shares stumble 2.8% as interest rate concerns escalate | National
By STAN CHOE and ALEX VEIGA – AP Business Writers NEW YORK (AP) — Stocks tumbled on Wall Street on Friday, leaving the S&P 500 with its biggest one-day loss in nearly seven weeks, as concerns mount over soaring interest rates and efforts of the US central bank to fight inflation. Several disappointing corporate earnings …

Why the Fed is worried about the strongest US labor market in decades | National policy
By CHRISTOPHER RUGABER – AP Economics Writer WASHINGTON (AP) — President Jerome Powell isn’t as happy with the robust U.S. job market as you might think, and he and the Federal Reserve plan to do something about it: take it down a notch. On Thursday, Powell described the labor market as “extremely, historically” tight and …

Lebanese government declares bankruptcy – Euro Weekly News
The Lebanese government declared bankruptcy following an economic recession that lasted more than two years. UPDATE April 21, 4:39 p.m.: Since the announcement of Lebanon’s bankruptcy, the Gulf Cooperation Council (GCC), which includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates, offers its support to Lebanon. For the first time in 30 …

8 Indiana School Districts Seek Taxes for Repairs and Programs
Eight Indiana school districts will ask voters to approve property tax measures next month. That includes two Indianapolis districts: Perry Township, which is seeking to renew a $154 million referendum, and Franklin Township, which is seeking $95 million to renovate its high school. This will be the second election in which school districts put referenda …

What can the government do to stop or slow inflation?
Inflation in the United States rose 8.5% in March, compared with the previous 12 months, marking the largest increase since 1981, according to the Consumer Price Index from the Department of Labor. Between February and March, inflation rose 1.2%, the biggest month-over-month jump since 2005. According to several economists and other financial experts, strong consumer …

Texas takes steps to ease border congestion due to ‘sense of urgency’ | Health, Medicine and Fitness
By ACACIA CORONADO and PAUL J. WEBER – Associated Press AUSTIN, Texas (AP) — The truck traffic jam at the U.S.-Mexico border finally began to erupt Thursday after nearly a week as Texas Governor Greg Abbott eased his latest dramatic action on immigration that has blocked some of the world’s busiest commercial ports and taken …
Schultz’s first steps at Starbucks hint at deeper changes to come
(Bloomberg) – In his first week back at work at Starbucks Corp., Howard Schultz made a series of moves that hint at big changes in store layouts, employee relations and marketing – and indicate that profit margins will be under pressure. Bloomberg’s Most Read The man credited with inventing Starbucks’ culture as a “third place” …

Wall Street ends lower, marking its first week of decline in four | Health, Medicine and Fitness
By DAMIAN J. TROIS and STAN CHOE – AP Business Writers NEW YORK (AP) — Stocks ended mostly lower after another day of drift around Friday, leaving the market with its first losing week in the past four. Gains by energy companies were offset by declines in technology stocks. The benchmark S&P 500 fell 0.3%, …

Asian stocks follow Wall St’s retreat on interest rate concerns | National
ELAINE KURTENBACH – AP Sales Writer BANGKOK (AP) — Asian stocks followed a retreat on Wall Street after details from last month’s Federal Reserve meeting showed the central bank planned to be aggressive in tackling inflation. The Fed’s comments added to investor unease over the war in Ukraine, coronavirus outbreaks in China and persistently high …

France pushes for energy sanctions against Russia | National policy
By SAMUEL PETREQUIN – Associated Press BRUSSELS (AP) — French Finance Minister Bruno Le Maire said on Tuesday there was “total determination” by the 27 European Union countries for sanctions against Russia that could target oil and coal. on evidence that his troops deliberately killed Ukrainian civilians. Europe’s dependence on Russian oil, gas and coal …

War in Russia could further drive up auto prices and shortages | Technology
By TOM KRISHER and KELVIN CHAN – AP Business Writers DETROIT (AP) — BMW has halted production at two German plants. Mercedes is slowing down work at its assembly plants. Volkswagen, warning of production stoppages, is looking for alternative sources for parts. For more than a year, the global auto industry has grappled with a …

Tunisia crisis escalates as police summon opposition figures
BEIRUT: As Ramadan approaches, Beirut and other cities lack the decorations that filled the streets for this occasion. Instead, photos of parliamentary candidates are plastered everywhere. Only a few modest banners are raised, reminding people to donate to charity during the holy month. Lebanon is grappling for the third year in a row with a …

Kentucky Legislators Conclude Work on Next 2-Year Budget | Health, Medicine and Fitness
By BRUCE SCHREINER – Associated Press FRANKFORT, Ky. (AP) — Kentucky lawmakers wrapped up work on the state’s next two-year budget on Wednesday, approving big pay raises for state employees and increased education spending while setting aside significant amounts to offset planned personal income tax reductions. The spending plan — the result of negotiations between …

Why the United States is placing a higher priority on the Iran nuclear deal
When on March 12, Denis Shmygal, the Ukrainian Prime Minister, announced that a prohibition or severe restrictions would be imposed on exports of wheat, buckwheat, eggs, oil, sugar and other foods, his message produced no sensation, given Ukraine’s largely crippled agrarian sector. The military action has disrupted economic, transport and logistical connections, limiting shipping in …

Developing countries strained by monetary tightening in rich countries
In 2002, China loaned Sri Lanka more than $1 billion for the Hambantota Port project, an ambitious development to attract container ships crossing the Indian Ocean, one of the busiest waterways in the world. After the opening of the port, Sri Lanka failed to meet interest payments. Beijing has pressured the small island nation to …

Biden and his Western allies open the 1st of 3 summits on the Russian war | National Policy
By CHRIS MEGERIAN, LORNE COOK and AAMER MADHANI – Associated Press BRUSSELS (AP) — U.S. President Joe Biden and his Western allies on Thursday opened the first of three summits focused on increasing pressure on Russian President Vladimir Putin over his war in Ukraine while dealing with the fallout. economic and security issues that are …

Lebanon urged to end crisis with Gulf Arab states
Prime Minister Najib Mikati called for an end to “all political, military, security and media activities based in Lebanon that undermine the sovereignty, security and stability of Saudi Arabia and the countries of the Council of Gulf Cooperation”. In a statement released on Monday, he said the current government is committed to restoring ties between …

EDITORIAL – Quality of life
With pandemic restrictions eased last year despite two deadly COVID surges, the Philippines has moved up a notch in the UN Sustainable Development Solutions Network’s latest World Happiness Report. The rankings are not based on cheerfulness and how easily people find happiness, but on quality of life indicators using three-year data from the Gallup World …

Entrepreneur Testifies Bribery Scheme Was Bickers’ Idea | National policy
ATLANTA (AP) — A former City of Atlanta entrepreneur testified that a political operative who worked at City Hall contacted him after his business was battered by the Great Recession to talk about a contract. sidewalk – and a bribe. Mitzi Bickers, who helped former mayor Kasim Reed win the election and later worked as …

Anadolu Agency Morning Briefing – March 15, 2022
ANKARA Anadolu Agency is here with an overview of the latest developments in the world. The Lebanese Prime Minister announced on Monday that he would not stand again in the legislative elections scheduled for May 15. France has closed a mosque for six months as part of an ongoing campaign against Muslims and their places …
America took its Arab allies for granted
Syrian Kurds gather at Baladi Stadium to commemorate the bloody clashes between members of their community and Syrian regime forces in 2004, in Syria’s northeastern province of Hasakeh on Saturday. France Media Agency If confirmed, the Reuters report on the appointment of Juma Awad Al Badri, the founder’s brother, as head of Daesh could ensure …

From crisis to growth: Philippe Massoud’s positivity endures
Philippe Massoud, owner and executive chef of New York’s Ilili, often talks about creativity born out of necessity., activity that makes up for the absences. Ilili is celebrating its 15th anniversary, an unlikely success for a restaurant that opened shortly before the 2008 recession to a wave of bad press, according to Massoud, and recently …

Russian war in global ‘breadbasket’ threatens food supply
Russian tanks and missiles besieging Ukraine also threaten the food supply and livelihoods of people in Europe, Africa and Asia who depend on the vast fertile agricultural lands of the Black Sea region, known as the “breadbasket of the world”. Ukrainian farmers have been forced to neglect their fields as millions flee, fight or try …

Former Nissan North America executive returns home on suspended sentence | Brentwood homepage
Japanese auto giant Nissan Motor, one of Middle Tennessee’s largest employers, has seen one of its former US executives convicted and now cleared of most charges in Tokyo District Court. Greg Kelly was arrested in November 2018 along with former Nissan CEO Carlos Ghosn. Ghosn headed the Renault-Nissan-Mitsubishi alliance, and Kelly was accused of underreporting …

New Jersey Gets First Credit Rating Upgrade in Nearly 2 Decades | National Policy
TRENTON, NJ (AP) — New Jersey’s credit score improved for the first time in nearly two decades on Wednesday. The upgrade means borrowing costs could become more affordable for the state. It’s also a longtime goal of Democratic Gov. Phil Murphy. Moody’s Investor Service said the state’s rating was downgraded from A3 to A2, saying …

Title Insurance Industry’s Youngest Latino CEO David Bravo, Jr. Named Emerging Latino Entrepreneur
Monarch Title CEO David Bravo, Jr. Named Emerging Latino Entrepreneur by NAHREP Monarch Title Founder Sam Rafeh Congratulates CEO David Bravo, Jr. on Recognition by the National Association of Hispanic Real Estate Professionals. National Association of Hispanic Real Estate Professionals Honors Monarch Title Company CEO David Bravo, Jr. as Title Insurance Industry Leader I owe …

NAHREP Appoints Monarch Title CEO as Emerging Latino Entrepreneur | News
The National Association of Hispanic Real Estate Professionals (NAHREP) has named David Bravo, Jr., CEO of California-based Monarch Title Co., as a 2021 Emerging Latino Entrepreneur. “I am honored to be recognized by my peers of real estate professionals,” Bravo said in a statement. “The South Bay Chapter of NAHREP is the epitome of excellence, …

Pennsylvania lawmaker introduces property tax elimination plan that would raise retirement, sales and income taxes
February 25, 2022 | 7:59 Representative Frank Ryan introduced the 314-page bill on Thursday. Jan Murphy/PennLive I cover state government and basic and higher education policy. Contact me at [email protected] or 717-255-4106 or 717-255-4106. A state legislator has proposed a revised version of a …

The Russian-Ukrainian conflict poses great risks to the world economy
WASHINGTON (AP) — Just what a vulnerable global economy didn’t need — a conflict that’s accelerating inflation, rattling markets and portends trouble for everyone from European consumers to indebted Chinese developers and African families faced with soaring food prices. Russia’s attack on Ukraine and retaliatory sanctions from the West may not portend another global recession. …

A 10% drop in stocks is scary, but it’s not that rare | national
By STAN CHOE – AP Business Writer NEW YORK (AP) — Worries rocking Wall Street about interest rates, inflation and now Ukraine have sent the S&P 500 index — the most-watched measure of the U.S. stock market — plummeting by more than 10% compared to its record. It’s a big enough drop for Wall Street …

Would restoring the JCPOA prevent poor Iranians from selling their body parts?
Facebook Twitter LinkedIn pinterest Reddit E-mail Impression Adverts posted on the streets of Iran for the sale of kidneys Iran is now suffering its worst economic crisis under the mullahs. State media acknowledges parts of the country’s crippling economic woes. People are struggling with poverty and heartbreaking reports from Iran point to a sharp increase …

Fed officials push back on rapid interest rate hikes | national
By STAN CHOE and CHRISTOPHER RUGABER – AP Business Writer NEW YORK (AP) — The Federal Reserve is expected to start raising interest rates next month to help contain too-high inflation, New York Federal Reserve Chairman John Williams said Friday. But he added that rate hikes may not need to start as strong as some …

Economic Democracy – Executive Magazine
Taken in isolation, the situation of Lebanon at the dawn of 2022 is that of a country which is still in the depths of a bewildering crisis. The national crisis of everything is singularly all-encompassing and, to be grasped by the human mind, needs no historical denominator, geographic comparison, or even numerical quantification of contraction …

How to make the most of Valentine’s Day with Uber – TechEconomy.ng
With Valentine’s Day here, Uber is providing some tips for navigating this special day, just a few clicks away. Here’s what Uber has for you this Valentine’s Day season: Say no more, with Uber Connect, users can now send parcels to loved ones. We’ve adapted our platform to meet the changing needs of the communities …

Most Americans have emerged economically winners from the pandemic, despite inflation | national
public dissatisfaction with the pandemic-ridden US economy obscures the good news: even after inflation, most of the country comes out on top. The strong demand for labor means that low-income workers can demand wage increases that exceed the price increase. The same is true for middle-income workers who change jobs. Relief checks approved by lawmakers …
Legendary investor Bill Miller said more volatility is coming, backed Meta and revealed Peloton is on his radar in a new interview. Here are the 9 best quotes.
Investing legend Bill Miller says more volatility is coming for stocks, this Facebook parent Meta is now undervalued, and that Platoon is on his radar in a interview with CNBC Wednesday. Miller’s reputation was cemented by the performance of his fund Legg Mason Capital Management Value Trust, which beat the SP 500 for 15 consecutive …

Stocks recoup losses from the previous session; iPhone payment tool will be more merchant-friendly |
Stocks rise, bond yields at pre-pandemic high NEW YORK — Tech companies and banks helped push stocks higher on Feb. 8 as the market rebounded from an early plunge to more than offset its losses the day before. The S&P 500 rose 0.8% after falling 0.4%, and more than three-quarters of stocks in the benchmark …

Fed announces plan to fight rising inflation | Hartsville
The Federal Reserve signaled last week that it plans to start raising its benchmark interest rate as early as March, a key step to reversing its pandemic-era low rate policies that have fueled hiring and growth. , but also pushes up inflation. With high inflation weighing on consumers and businesses and unemployment steadily falling, the …

For Lebanese vineyards, exports become a lifeline
1/5 Lebanese winery Chateau Kefraya exports to around 40 countries and plans to expand to more. Photo courtesy of Sabine Bustros/Château Kefraya BEIRUT, Lebanon, February 1 (UPI) — For the Lebanese wine industry, exports have become a means of survival amid the country’s worst financial crisis and the ongoing COVID-19 pandemic. The general recession, the …

Growth slows at the end of 2021 in 19 countries using the euro | Health, Medicine and Fitness
By DAVID McHUGH – Associated Press FRANKFURT, Germany (AP) — The European economy slowed noticeably late last year as rising COVID-19 cases due to the omicron variant added to supply shortages and rising energy prices which has reduced the purchasing power of consumers. The result: an economic winter of discontent that may not lift until …

Asian stocks mixed after Wall Street sinks for third day | Technology
By JOE McDONALD – AP Business Writer BEIJING (AP) — Asian stock markets were mixed on Friday as traders eagerly awaited U.S. employment cost data that could influence the Federal Reserve’s decisions on planned interest rate hikes. . Tokyo and Seoul advanced while Shanghai and Hong Kong declined. Wall Street fell for a third day …

German government cuts economic growth forecast for 2022 to 3.6% | Health, Medicine and Fitness
BERLIN (AP) — The German government on Wednesday lowered its growth forecast for this year, but said Europe’s largest economy remains “robust” and will return to pre-pandemic size in 2022. The Economy Ministry predicted that gross domestic product will grow by 3.6%, down from the 4.1% forecast by the German government at the end of …

Stocks drop sharply as market eyes Fed-Ukraine tensions | Technology
By DAMIAN J. TROISE and ALEX VEIGA – AP Business Writers NEW YORK (AP) — Stocks fell sharply on Monday as investors anticipated it Federal Reserve inflation-fighting measures and worry about the possibility of conflict between Russia and Ukraine. The stock exchange extended its three week drop and put the benchmark S&P 500 on track …

Mediterranean gas and regional peace
In recent years, the Eastern Mediterranean has become one of the main crossroads of global geopolitics. Turkey is one of the main Mediterranean countries: from the Syrian border in the east to Greece in the west, the northeastern part of the Mediterranean is made up of Turkish territorial waters and borders. Eastern Mediterranean countries such …

Retired Israeli general criticizes settlers
Retired General Yair Golan spent a significant part of his military career serving in the occupied West Bank, protecting Jewish settlements. Today, he is one of their most vocal critics. Golan, a former deputy military chief, is now a lawmaker in the accommodating Meretz party, where he has repeatedly spoken out against settler violence against …

“Building bridges”: Annahar opens an office in Dubai
Online controversy: Viral satirical video of Israeli comedian mocking UAE normalization divides viewers LONDON: A satirical Arabic-language Israeli song criticizing normalization between Israel and the United Arab Emirates has gone viral in the Middle East this week, causing a stir online. The song “Dubai, Dubai” was performed by Israeli comedian and activist Noam Shuster-Eliassi and …
IMF official calls for ‘deep reforms’ of Tunisian economy
Tunisia’s stricken economy needs “deep reforms” such as cutting its wage bill, the country’s outgoing International Monetary Fund chief has said as the government seeks a new bailout. Jerome Vacher, speaking in an interview at the end of his three-year term as the global lender’s envoy to the North African country, said the coronavirus pandemic …

Reshaping the Geopolitics of the Middle East
The dominant discourse in the United States becomes dominated by the belief that the Middle East has lost its central position in the superpower’s strategic calculations. US dependence on Middle Eastern oil has diminished significantly since the beginning of an era of unipolarity; in fact, the United States is now one of the largest oil …

December Retail Sales Slump After Record Holiday Season | national
By ANNE D’INNOCENZIO – AP Retail Writer NEW YORK (AP) — Americans shrugged off shortages, soaring prices and uncertainty surrounding the omicron variant to break spending records during the critical holiday shopping season. But figures released on Friday show that after spending vigorously at the start of the holiday season, consumers slowed down their purchases …

Brainard vows to help fight inflation as No. 2 Fed official | National Policy
By CHRISTOPHER RUGABER – AP Economics Writer WASHINGTON (AP) — Lael Brainard pledged in written remarks Wednesday to help the Federal Reserve fight a spike in inflation while supporting economic recovery — a delicate balancing act it would face if it were confirmed as Fed No. 2 official. Brainard, a member of the central bank’s …

Powell of the Federal Reserve: High inflation “takes a heavy toll” | National policy
By CHRISTOPHER RUGABER – AP Economics Writer WASHINGTON (AP) – High inflation is wreaking havoc on American families, Federal Reserve Chairman Jerome Powell admitted in remarks to be delivered at a Congressional hearing on Tuesday, where he is sure to faced with difficult questions on the subject. “We know that high inflation comes at a …

Critics Choice foreign language contestants give voice to global protest
Red jumpsuits, Salvador DalÃ’s masks and the revolutionary Italian anti-fascist hymn âBella Ciaoâ ââare no longer simply elements that make up the iconoclastic Spanish drama âMoney Heistâ. They managed to bleed themselves out in real life as many protesters – from the hit show’s home country to Lebanon, Indonesia and beyond – imbued these motives …
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With January 6 on the way, is democracy dying?
WASHINGTON, DC – JANUARY 06: A protester is seen inside the United States Capitol on January 06, 2021 … [+] in Washington, DC. Congress held a joint session today to ratify President-elect Joe Biden’s 306-232 victory over President Donald Trump. A group of Republican senators have said they will reject Electoral College votes in several …

Late slip pulls major US indices just below record highs | Health, Medicine and Fitness
By ALEX VEIGA – AP Business Writer A late drop pulled the major indices in the red on Wall Street on Thursday, leaving the S&P 500 and the Dow Jones Industrial Average slightly below the records they set a day earlier. The benchmark S&P 500 fell 0.3%. The Dow Jones and the Nasdaq each fell …

Storm clouds gather over Iran at year’s end
The year 2021 has not been filled with favorable results for Iran. However, with the swearing-in of a new U.S. Democratic administration in January and the installation this summer of a die-hard Iranian president in Ebrahim Raisi – a goal long sought by Tehran’s rulers – senior Iranian officials are expect the situation in Iran …

Unemployment claims in US remain unchanged at 205,000 | Health, Medicine and Fitness
The number of Americans claiming unemployment benefits remained unchanged last week, remaining at an all-time low that reflects the strong recovery in the labor market after the coronavirus recession last year. Unemployment claims remained at 205,000. The four-week average, which eases week-over-week highs and lows, rose to just over 206,000. The numbers suggest the spread …

UN chief calls for more solidarity with Lebanon, especially refugees
The international community has not done enough to support Lebanon, said UN Secretary General Antonio Guterres. The country is suffering from a severe economic crisis while trying to accommodate more than a million Syrian refugees. During a three-day visit to Lebanon, Guterres pleaded for more support after meeting with Lebanese President Michel Aoun. “I think …

Unemployment Falls in Nevada, But Still 2nd Highest in United States | National policy
CARSON CITY, Nevada (AP) – Nevada’s unemployment rate remains among the highest in the United States as the pandemic continues to inject uncertainty into the economy and hamper full recovery. Unemployment has declined steadily since the peak of the pandemic at a faster rate than almost any other state. But Nevada’s unemployment rate remains the …

Saudi Association of Fashion Professionals to Launch Before New Year, President Says
LONDON: Oil prices fell on Friday, heading for a slight decline during the week, amid fears that the slowdown in the spread of the omicron COVID-19 variant could affect demand. Brent crude futures fell 1.5% to $ 73.88 a barrel at 1:10 p.m. Riyadh time, while U.S. West Texas Intermediate (WTI) crude fell 1.4% to …

Fed to tighten credit faster, predicts 3 rate hikes in 2022 | National policy
By CHRISTOPHER RUGABER – AP Economics Writer WASHINGTON (AP) – With inflation soaring and unemployment falling, the Federal Reserve said on Wednesday it would cut back its support to the economy more quickly and expects to raise interest rates three times l ‘next year. Fed Chairman Jerome Powell has said the US economy is growing …
Valley News – Longtime White River Junction Station Guardian Housing Costs Derailed
In a way, Chris McKinley’s real home is the train station and train stations that surround the art galleries, shops, and restaurants that have sprung up in White River Junction over the past 20 years. Twice a day, in the late morning and early evening, McKinley opens the station for Amtrak passengers. One recent evening, …

Lowcountry Christmas Tree Farm has a lot of options for customers
CHARLESTON, SC (WCBD) – Christmas trees have been hard to come by for some people in the Lowcountry this year, but a Berkeley County tree farm has a stock that should last. Lebanon Christmas Tree Farm has both pre-cut Fraser firs and other trees that you can cut yourself. The farm offers a happy sight …

The ‘surplus savings’ of the pandemic era are largely shrinking
In a comment posted on a Federal Reserve Bank of New York blog in April, four economists argued that âwhile large by historical standards, the savings accumulated by American households during the pandemic do not appear to be “Excessive” for the extraordinary need of many American families. Millions of Americans could once again be rocked …
Michael McGuinness: soldier victim Paedo reveals how pervert used bullets to scare him
A victim of the pedophile soldier Michael McGuinness today waives his anonymity to call the perpetrator a “predator of children who were hiding in plain sight”. In a shocking interview with the Sunday World, Derek Whelan, 49, reveals how McGuinness: He looked after him from the age of eight by bringing him gifts from Lebanon …

Moscow native helped ABQ look beyond borders
Copyright © 2021 Albuquerque Journal Columnist, author, editor and poet VB Price’s book “Albuquerque – A Town at the End of the World” provides a glimpse into how Marina Oborotova viewed her new home when she moved here from Moscow in 1992 as the world was undergoing a seismic change. While appreciating its natural beauty …

Powell’s warning: Fed to tighten credit faster than expected | national
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 …

Businesses Attract Employees and Customers This Season | National policy
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. âI refused people with 30 (available) rooms. Ridiculous, âshe said as she stuffed sheets into a …

Unemployment claims in the United States hit their lowest level in 52 years after seasonal adjustments | Lebanon
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 …

Why inflation rates are increasing around the world
The cost of food and other basic items continues to climb in the United States, with the rate of inflation reaching a 31-year high. In October, the inflation rate remained above 5% for the fifth consecutive month, according to a World Street Journal report. The Consumer Price Index (CPI) rose 6.2% in October from the …

Expect to Pay More for Christmas Trees, Experts Say | national
On Christmas Day in 1914, British and German troops emerged from World War I trenches as weeks of bad weather have dissipated and called for a truce. It was spontaneous and not approved by superiors, but many soldiers on both sides ended up participating. Football matches were played between British and German troops before they …

5 Business Steps You Can Take When The Bank Says No
Remittances to low- and middle-income countries are expected to have increased by 7.3% to reach $ 589 billion in 2021. This return to growth is more robust than previous estimates and follows the resilience of flows in 2020, when remittances fell only 1.7%. despite a severe global recession due to COVID-19, according to estimates in …

Biden’s candidate for bank regulator faces hostile opposition | national
By KEN SWEET AP Commercial Writer NEW YORK (AP) – A fierce battle is waged in Washington over President Biden’s choice to head a generally low-profile agency that oversees the banking industry. Willow Omarova, 55, was appointed in September to be the country’s next currency controller. If confirmed, she would be the first woman and …

Main reason for supply shortages: Americans continue to spend | national
Automakers and dealers are on track to spend less on advertising this holiday season, industry executives and analysts said, and they’re not alone as supply chain disruptions leave less advertising to advertisers. DETROIT (AP) – Take a step back from picked-up store shelves, stalled container ships, and empty auto showrooms, and you’ll find the root …

Shorts disappear: As stocks skyrocket, skeptics surrender | national
By STAN CHOE AP Business Writer NEW YORK (AP) – Wall Street skeptics are gone. As the stock market hit record highs – undefeated by recession, pandemic or dangerous bubble warnings – activity fell to an almost two-decade low for traders known as short sellers , who make their money betting stocks will fall. It …

Britcoin in at least five years, according to Bank of England
3) ITV chairman under pressure from shareholders Sir Peter Bazalgette is facing an investor rebellion over his role in an obscure investment trust amid allegations that he and other directors presided over a corporate governance fiasco. 4) Wall Street raider threatens to blow up online fashion world Activist investor Dan Loeb has raised expectations of …

US employers ignored virus and stepped up hiring | national
By CHRISTOPHER RUGABER Writer in economics of AP WASHINGTON (AP) – US employers ramped up hiring last month, creating 531,000 solid jobs, the most since July and a sign that the recovery from the pandemic recession is overcoming a virus-induced slowdown. Friday Ministry of Labor report also showed that the unemployment rate fell to 4.6% …

Lebanese Prime Minister agreed on a roadmap to get out of the crisis (Lebanese presidency)
DUBAI: As world leaders gather in Glasgow for the COP26 summit, the untapped potential of hydrogen among other alternative energy sources has caught the attention of experts and delegates who visited the Scottish city to explore ways to mitigate climate change. Hydrogen fuel has become a viable competitor for the energy transition as heat-trapping greenhouse …

Stocks advance on Wall Street ahead of Fed, jobs news | national
Bond yields have fallen. The 10-year Treasury yield fell to 1.55% from 1.57% on Monday night. Crude oil prices fell 0.9% and weighed on energy stocks. Wall Street has focused on a steady stream of corporate profits over the past few weeks. The results helped generate gains for major indices after a turbulent summer when …

Ten years of war in Syria and the current situation (I)
I will focus on Syria in several articles, given the importance the country has had in international relations for centuries. Ten years ago, a civil war broke out in Syria. What is the particularity of this conflict? What is happening in the country now? How do Syrians live and what do they live? Is there …

Unemployment down slightly in the Linn-Benton area | Local
Seasonally adjusted total non-farm employment remains 5.8% below February 2020 levels, down 2,530 jobs after heavy layoffs in spring 2020. Leisure and hospitality employment increased by 290 (9.0%) over the past year, but still down 890 jobs (-20.3%) from its pre-recession level in February 2020. Overall, the private sector shed 230 jobs during the month. …

Analysis: Biden faces liberal angst over underdelivery | National policy
Biden presented himself to voters as a capable leader whose deep experience of Washington’s ways could bring about significant changes through legislation, a clear counterpoint to President Donald Trump’s brutal political approach. Instead, Biden didn’t have to negotiate with the Republicans, but with his fellow Democrats, and he still didn’t seem to be successful in …

Stocks Rise Broadly as Indexes Hover Around Record Highs | national
A forex trader walks past screens showing the Korea Composite Stock Price Index (KOSPI), left, and the exchange rate between the US dollar and South Korean won in a foreign exchange trading room in Seoul, Korea South, Thursday, October 28, 2021 Asian stocks fell on Thursday after a retreat to Wall Street as banks and …

Hyperinflation or deflation? How Cathie Woods refuted Jack Dorsey’s end of the world prediction
Twitter and Square CEO Jack Dorsey recently stoked hyperinflation fears emanating from the United States and then around the world. But Cathie Woods, founder, CEO and CIO of Ark Invest, has taken to Twitter to challenge her claims. âHyperinflation will change everything. It’s happening, âDorsey tweeted on Oct. 23. “It will happen soon in the …

Saudi Arabia and Iran want to be friends again
Times are changing ‘. Iranian leaders may not be fans of Bob Dylan, but his words are likely to resonate as they consider their next steps in Iraq, Iraqi Kurdistan, Lebanon and Azerbaijan. The same goes for Turkish President Recep Tayyip Erdogan. The president’s brilliance as a fierce defender of Muslim causes, except when there …

The death of Colin Powell, the murder of his English partner … in the news around the world
Listen to this article on the app Listen to this article on the app United States General Colin Powell dies at 84 Four-star General Colin Powell, who was diagnosed with cancer, died on October 18 from covit disease. Born in Harlem to Jamaican parents in 1937 and served in the military for thirty-five years, he …

US budget deficit reaches $ 2.77 trillion in 2021, 2nd highest | national
FILE – In this May 4, 2021 photo, the Treasury Building is seen in Washington. The Treasury Department says the economic and financial sanctions the United States has used over the past two decades to fight global terrorism, nuclear proliferation, drug cartels and other threats must adapt to a rapidly changing financial world. The department …