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Nurses’ strike ‘playing into Putin’s hands’, says Nadhim Zahawi: Tory chairman Nadhim Zahawi said striking nurses are playing into the hands of Vladimir Putin ...
metro.co.uk/2022/12/05/nurses-strike-playing-into-putins-hands-says-nadhim-zahawi-17876779/
UK strikes play into Putin’s hands, claims Tory chairman: Anger at Zahawi comments over wave of industrial disputes in run-up to Christmas
ft.com/content/941c260a-adee-45e2-bb26-795f23a4789a
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Nadhim Zahawi angers nurses by saying NHS strikes are 'sending a message to Putin'
inews.co.uk/news/nhs-strikes-action-nadhim-zahawi-angers-nurses-by-saying-strikes-sending-message-to-putin-2008667
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Army may be deployed to ease possible strike disruption, Nadhim Zahawi says: A statement from Number 10 said the decision on whether troops would be deployed was ...
news.sky.com/story/army-may-be-deployed-to-ease-possible-strike-disruption-nadhim-zahawi-says-12761374
Nurses’ strike ‘playing into Putin’s hands’, says Nadhim Zahawi: Tory chairman Nadhim Zahawi said striking nurses are playing into the hands of Vladimir Putin ...
metro.co.uk/2022/12/05/nurses-strike-playing-into-putins-hands-says-nadhim-zahawi-17876779/
UK strikes play into Putin’s hands, claims Tory chairman: Anger at Zahawi comments over wave of industrial disputes in run-up to Christmas
ft.com/content/941c260a-adee-45e2-bb26-795f23a4789a
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Nadhim Zahawi angers nurses by saying NHS strikes are 'sending a message to Putin'
inews.co.uk/news/nhs-strikes-action-nadhim-zahawi-angers-nurses-by-saying-strikes-sending-message-to-putin-2008667
Sunday shows round-up: Zahawi’s plea to striking unions: Nadhim Zahawi: We may deploy the military to ‘minimise disruption’ over Christmas Conservative party ...
spectator.co.uk/article/sunday-shows-round-up-zahawis-plea-to-striking-unions/
Zahawi: Army could be called in to ease Christmas strike disruption: The army could be brought in to help with expected strike disruption over the Christmas ...
cityam.com/zahawi-army-could-be-called-in-to-ease-christmas-strike-disruption/
Nadhim Zahawi confirms that army could be used to ease strike disruption in the run up to Christmas
londonworld.com/read-this/nadhim-zahawi-confirms-that-army-could-be-used-to-ease-strike-disruption-in-the-run-up-to-christmas-3941253
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Military personnel training as ambulance drivers & firefighters amid NHS strikes: It comes amid an abundance of public sector strikes including NHS nurses and ...
chroniclelive.co.uk/news/uk-news/firefighters-nurses-army-strikes-nhs-25670405
Troops on stand-by as ministers prepare for strikes across public services: Tory Party chairman Nadim Zahawi sparked union anger when he said industrial action ...
standard.co.uk/business/business-news/troops-on-standby-as-ministers-prepare-for-strikes-across-public-services-b1044730.html
Army may be brought in to ease strike chaos, says Nadhim Zahawi: ‘Our message to the unions is to say “this is not a time to strike, this is a time to try and ...
standard.co.uk/news/uk/nadhim-zahawi-ambulance-strike-nurses-rail-uk-christmas-b1044673.html
Source close to Hezbollah says Israel killed local commander in Lebanon: An Israeli strike killed a local Hezbollah commander in south Lebanon on Tuesday ...
english.alarabiya.net/News/middle-east/2024/04/16/source-close-to-hezbollah-says-israel-killed-local-commander-in-lebanon
Greek journalists launch 24-hour strike to address rising costs: Journalists in Greece staged Tuesday a 24-hour strike in protest against the rising cost of ...
dailysabah.com/business/economy/greek-journalists-launch-24-hour-strike-to-address-rising-costs
Union cancels STV 24-hour strike amid talks on pay dispute: A union has called off a planned strike by journalists at STV as talks were held in a dispute over ...
heraldscotland.com/news/24255081.union-cancels-stv-24-hour-strike-amid-talks-pay-dispute/
US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
UK inflation falls as crumpet and meat prices drop: New official figures show that inflation, the rate at which prices rise over time, fell again in March.
bbc.com/news/business-68833077
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
Jay Powell says US inflation ‘taking longer than expected’ to hit target: Comments from Federal Reserve chair come amid mounting doubts about pace of interest ...
ft.com/content/3d0ddbe1-4637-4262-ba40-934015606166
Bag of Rice Still Selling for Up to N84,000 in Lagos: To verify if a bag of rice indeed sells for N60,000, FIJ took to two food markets in Lagos to ask the ...
fij.ng/article/bag-of-rice-still-selling-for-up-to-n84000-in-lagos/
Gaza in a Million Pieces: After six months, Arwa Damon is finally allowed in to find a war being waged mainly against children
newlinesmag.com/spotlight/gaza-in-a-million-pieces/
Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
- German private individuals hold a net wealth of 7716 billion euros.
- Stocks and investment funds saw significant gains in the last quarter.
- Cash and bank deposits remain the largest component of wealth.
- Household net wealth increases by 244 billion euros to 5560 billion euros.
Is Japan finally becoming a ‘normal’ economy? : Prices are rising, workers are demanding higher pay and the stock market is booming. But the country still has to ...
ft.com/content/88174b91-27d6-4936-ba5c-62c831b0a1c7
Quick Glance: Record Audience at NCAA Women's Championship
- South Carolina's victory over Caitlin Clark and Iowa in Sunday's women's NCAA championship game garnered a preliminary average viewership of 18.7 million on ABC and ESPN.
- Nielsen's final numbers on Tuesday may reveal an increase in viewership.
- It marks the most-watched basketball game since 2019, when the men's NCAA title game between Virginia and Texas Tech averaged 19.6 million viewers on CBS.
- The women's final also recorded the highest viewership for a Sunday afternoon sporting event on ESPN and ABC since early 2021.
Israel has carried out a strike inside Iran, US official tells CNN, as explosions reported near military base
cnn.com/2024/04/18/middleeast/isfahan-iran-explosion-intl-hnk/
Inflation rate falls to lowest level in three years in Thuringia: Prices for food and non-alcoholic beverages fell by an average of 0.7 percent compared to the ...
thueringer-allgemeine.de/wirtschaft/article242050862/Inflationsrate-sinkt-in-Thueringen-auf-niedrigsten-Stand-seit-drei-Jahren.html
Oil market shrugs off fears of wider war after Iranian strike on Israel: Price of Brent crude flat but experts warn of volatility in event of Israeli retaliation
ft.com/content/3bbeb6b5-b9b6-4474-a858-cc8a23c448ba
Quick Glance: Oil Prices Could Witness a 'Super Spike Well Above $100' Post Iran's Strike on Israel
- Market analysts predicted that oil prices could surge to $100 per barrel and beyond after Iran conducted an aerial attack on Israel, reigniting concerns of a regional war.
- Iran carried out an aerial attack on Israel on Saturday night, launching over 300 drones and missiles, marking the first direct military attack by Iran on the Jewish state.
- Insufficient investment renders the supply more fragile, raising the likelihood of a 'super spike well above $100' if the supply is disrupted.
- Recent months have seen oil prices rise due to trade disruptions and delays caused by maritime attacks in the Red Sea by the Houthis, who express solidarity with the Palestinian people.
With its aerial attack, Iran could break Israel’s isolation and reframe the Gaza war
timesofisrael.com/with-its-aerial-attack-iran-could-break-israels-isolation-and-reframe-the-gaza-war/
Quick Glance: Israel artist calls for Gaza ceasefire
- The representative of Israel at the international art fair is calling for an immediate ceasefire in Israel’s war on Gaza.
- Ruth Patir’s video installation called (M)otherland was scheduled to open on Saturday at Israel’s national pavilion at the international art show but will remain closed for now.
- Patir stated on her website that the artist and curators are showing solidarity with the families of the hostages and the large community in Israel calling for change, rather than canceling themselves or the exhibition.
- It is believed that there are still individuals in Gaza, including 129 captives taken during the attacks led by Hamas on Israel on October 7, with 34 of them presumed dead.
Live updates: Israel responds to Iran attack with reported strike: Latest news and live updates as tensions in the Middle East remain heightened following Iran's ...
nbcnews.com/news/world/live-blog/iran-israel-attack-live-updates-rcna148496
Quick Glance: US imposes new sanctions on Iran's drone program
- The United States imposed new sanctions Thursday on sixteen people and two entities associated with Iran’s drone program to punish Tehran for the weekend's attack on Israel.
- The sanctions target executives of an engine manufacturer supplying Iran’s Shahad-131 drones, companies servicing the engines, and individuals providing the drones to Iranian proxy forces in the Middle East.
- Coordinated with European allies, the new sanctions aim to disrupt Iran's missile and drone program and isolate the country globally.
- President Joe Biden emphasized the US commitment to holding Iran accountable, utilizing economic tools to counter Iran's activities, as stated by Treasury Secretary Janet Yellen.
Resurgent inflation looms over Joe Biden’s White House bid: Consumer prices are rising quickly at just the wrong time for the US president
ft.com/content/d8520a33-f202-4679-b6f7-99fe9e4fb3ae
Israel’s chief says it will respond to Iran’s missile strike: Israel’s military chief says that Israel will respond to Iran’s missile strike over the weekend. Lt ...
apnews.com/article/mideast-tensions-israel-iran-drone-attack-aec3627b0b19b42dcafc89a7408dc296
Israel-Gaza war: Hamas leader Ismail Haniyeh says three sons killed in air strike
bbc.com/news/68783840
Russian strike kills at least 14 as Ukraine’s air defenses struggle again to protect cities
cnn.com/2024/04/17/europe/russia-strike-chernihiv-ukraine-air-defense-intl/
Quick Glance: Russia Strikes Chernihiv: 18 Dead, Ukraine Appeals for Air Defense
- At least 18 people were killed and over 60 wounded in Chernihiv due to Russian missile strikes. Ukrainian officials emphasized that the attack could have been prevented with adequate air defense systems.
- Russia launched three Iskander cruise missiles at the city, located near the Russian border and previously encircled by Russian troops.
- Ukraine currently has three Patriot air defense systems but requires 26 for full coverage. Following appeals for more systems, Germany pledged to send an additional one.
- A $60 billion aid package for Ukraine is stalled in the US Congress, allowing Russia to exploit ammunition and air defense shortages and gain ground in the east.
Biden's new take on inflation: Trump would be worse: Biden's team knows there's not a lot it can do to lower it before the Nov. 5 election.
axios.com/2024/04/13/biden-trump-inflation-worse-tariffs
Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse
- The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.
- March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.
- Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.
- Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.
2 Hezbollah commanders killed in IDF strikes as attack drones injure 3 in north: Military probing why sirens didn't sound before drones struck near community of ...
timesofisrael.com/hezbollah-commander-killed-in-idf-strike-as-attack-drones-injure-3-in-northern-israel/
Quick Glance: British Foreign Minister's Visit to Israel Tomorrow; Israel Plans 'Limited Strikes' in Iran - CNN
- British foreign minister's visit to Israel scheduled for tomorrow
- Rishi Sunak urges calm in relation to Iran
- US anticipates Israel contemplating limited strikes in Iran - sources
- Israel warns Iran: 'Will not go unpunished'
Food inflation across rich nations drops to pre-Ukraine war levels: Annual change in prices across 38 industrialised countries eased to 5.3% in February ...
ft.com/content/f51368f0-c157-451d-a231-b944fbe7e7a0
Quick Glance: Decline in Food Prices in Industrialized Countries
- Annual change in prices across 38 industrialized countries eased to 5.3% in February, according to the latest OECD data.
- Food inflation across rich nations has dropped to its lowest level since before Russia’s full-scale invasion of Ukraine, alleviating pressure on households affected by cost increases.
- The OECD is expected to address food prices as part of its comprehensive inflation update.
- The decrease in food price inflation was widespread in industrialized countries in February, with the latest OECD reading halved or almost halved from recent peaks.
Joe Biden’s approval rating on the economy is rising among US voters: FT-Michigan Ross poll finds president’s gains could be derailed by persistent fears over ...
ft.com/content/bdd37729-8225-4f52-ae88-a7edeb329bb5
US and India stoke hopes of global growth in 2024 : FT-Brookings Tiger index shows ‘positive omens’ for modest pick-up compared with last year
ft.com/content/7d1199bb-8283-49c3-801e-249938bcbae8
UK's Cameron urges Israel not to retaliate against Iran: British Foreign Secretary David Cameron urged Israel not to retaliate after Iran's drone and missile ...
reuters.com/world/uk/uks-cameron-urges-israel-not-retaliate-against-iran-2024-04-15/
Consumer Prices Rose 3.5% in March From Year Earlier: Annual inflation ticked up and underlying price pressures remained strong last month. .
on.wsj.com/3VVaIeY
Inflation : les nouvelles données sont un bon signal pour les consommateurs: Plus que 2,2 % ! Selon une première estimation, l'inflation a de nouveau ...
focus.de/finanzen/news/gespenst-der-inflation-verliert-an-schrecken-endlich-erloesung-neue-inflationsdaten-sind-ein-gutes-signal-fuer-verbraucher_id_259817068.html
Quick Glance: Inflation down in German states, signaling national decline
- Inflation fell in six economically essential German states in March, indicating that national inflation will continue its downward trend.
- Economists will closely monitor national inflation data as Germany releases its figures a day before the Eurozone inflation data on Wednesday.
- German companies expected the lowest prices in three years in March, with forecasts of inflation falling below the European Central Bank's target in the upcoming months.
- An increasing number of ECB policymakers have backed rate cuts, with a June meeting appearing as the most probable time for action, although a meeting is also scheduled for this month.
Israel's air-defense system faces a big test with Iranian drone strike: Israel has deployed a multilayered air-defense system. It faces a big test with Iranian ...
apnews.com/article/israel-iran-missile-defense-iron-dome-arrow-bbf6330918da036f2e000360556a81f6
Small business optimism hits lowest level since 2012: NFIB: The NFIB's Small Business Optimism Index slid in March to its lowest level since December 2012 amid ...
foxbusiness.com/economy/small-business-optimism-hits-lowest-level-since-2012-nfib
Iran launches unprecedented retaliatory strikes on Israel in major escalation of widening conflict
cnn.com/2024/04/13/middleeast/iran-drones-attack-israel-intl-latam/
Quick Glance: New Measures Against Iran and Escalation in West Bank
- The United States intends to take further actions against Iran in the coming days to address the attacks on Israel over the weekend, as announced by US officials on Tuesday.
- To combat the escalation in the Israeli-occupied West Bank, Israeli and Palestinian officials reported the deaths of two Palestinians shot by Israeli settlers on Monday.
US employers added a surprisingly robust 303,000 jobs in March in a sign of economic strength
apnews.com/article/jobs-hiring-unemployment-economy-inflation-federal-reserve-1e456b8df0e11b218ed50f1ead6f6797
Quick Glance: US economy adds impressive 303,000 jobs last month
- Employers added 303,000 jobs in March, bringing the unemployment rate down to 3.8%.
- US stock futures rose slightly on Friday morning, but markets have had a rough week.
- The S&P 500 companies are expected to report positive first-quarter earnings, fueling optimism in the market.
- Investors are hopeful for a strong earnings season to continue the stock rally amidst concerns about inflation and interest rates.
Gaza: Video shows World Central Kitchen vehicles destroyed in air strike: World Central Kitchen says it's pausing operations after seven workers were killed ...
bbc.com/news/av/world-middle-east-68712254
Quick Glance: Fatal Mistake: IDF Reveals Errors in Attack on Aid Workers
- A series of catastrophic mistakes led to the deaths of seven aid workers delivering crucial aid to Gaza.
- Investigations revealed serious errors in identification, resulting in a tragic outcome.
- Decisions to carry out the attack broke operational procedures and resulted in a grave tragedy.
- The IDF has taken responsibility, soldiers involved have been suspended, and a potential criminal investigation looms.
If the Reserve Bank were a football coach, it would have been sacked eons ago: The bank’s job is to hold inflation between 2 and 3 per cent. Since mid-2014 ...
smh.com.au/politics/federal/if-the-reserve-bank-were-a-football-coach-it-would-have-been-sacked-eons-ago-20240418-p5fkv9.html
Three British aid workers killed in Israeli strike in Gaza named: John Chapman, James Henderson and James Kirby were among seven aid workers killed in the ...
bbc.com/news/uk-68711832
Rights group says Israeli strike on Gaza building killed 106 in apparent war crime
apnews.com/article/israel-gaza-airstrike-hamas-war-palestinians-344bd8da0254e83eedd7245a593823d0
Israel-Hamas war: Israel says its strike that killed aid workers was a mistake: The Israeli military says two basic mistakes led to the series of drone strikes ...
apnews.com/article/israel-gaza-mistakes-aid-workers-killed-wck-cb695de7f6ef9e9d7d9cf8fbf6e95364
Protesters in Spanish Canary Islands on hunger strike over mass tourism: The demonstrators are calling for a halt to the construction of a hotel and a beach ...
bbc.com/news/world-europe-68797626
IDF strikes central Gaza overnight, Yussef Rafik Ahmed Shabat killed: An airstrike conducted by Israeli forces in central Gaza resulted in the death of a Hamas ...
jpost.com/breaking-news/article-797681
Iran strike caused slight damage to IDF military base – military spokesman: * * *
timesofisrael.com/liveblog_entry/iran-strike-caused-slight-damage-to-idf-military-base-military-spokesman/
Iran reiterates promise to retaliate against Israel over killings of generals: Israel’s Foreign Minister has threatened that his country’s forces would strike ...
apnews.com/article/iran-israel-retaliation-killed-general-b2e8625500409405c9dc88731063fa71
Quick Glance: US Warns of Possible Iranian Attacks on Israel
- The United States believes Iran could attack Israel in the coming days, potentially escalating a war in the region.
- Threats of an Iranian attack on Israeli assets have been shared with U.S. lawmakers.
- The attacks are expected to be in retaliation for Israel's airstrike in Syria last week, which killed a top Iranian Revolutionary Guard Corps commander.
- The U.S. is concerned about the potential destabilization of the region due to a possible Iranian attack.
Xi Jinping says China’s exports are helping ease global inflation: Chinese president warns German Chancellor Olaf Scholz against ‘rise of protectionism’
ft.com/content/7cc89622-66a7-4b1c-9b2e-138f121a4731
Why has Iran attacked Israel?: Iran's attack on Israel marks a major escalation in a long-running shadow war between the two nations.
bbc.com/news/world-middle-east-68811276
Quick Glance: The Night Iran's Missile Show Rattled Israel
- In Tehran, 'Operation True Promise' launched an unprecedented aerial assault on Israel.
- The direct clash between powerful militaries showcased Israel's defense and Iran's display of power.
- Despite minor damages and injuries, the question remains whether this attack signifies further escalation or the start of a war.
- The missile and drone strikes resulted in minimal damage, with Israel and allies successfully intercepting most projectiles.
Biden unlikely to cut Iran's oil lifeline after Israel attack: Iran's unprecedented missile and drone strike on Israel is unlikely to prompt dramatic sanctions ...
reut.rs/49DxWco
Quick Glance: Iran's Oil Exports Thrive Amid Rising Tensions
- Iran is exporting more oil than in the past six years, providing the economy with a $35 billion annual boost, as western countries consider tightening sanctions in response to the attack on Israel.
- The US and the EU are preparing new sanctions on the Islamic republic to deter conflict escalation with Israel, facing challenges due to Iran's successful circumvention of sanctions, especially with China being its primary customer.
- Iran has found ways to bypass sanctions, shielded from western pressure as its main oil exports go to China. Tensions have escalated since the Hamas attack on Israel, driving oil prices up by over 15%, while US efforts to sanction individual tankers carrying Iranian oil have had minimal impact so far.
- Mounting Republican pressure urges the Biden administration to take tougher action on Iran's oil sales, with criticism over perceived leniency on existing measures. Despite US strategic oil reserves being released to stabilize prices, concerns remain over the administration's stance on enforcing sanctions similar to the previous Trump administration.
Investigate Post Office for corporate manslaughter, urges Nadhim Zahawi: Conservative MP calls for investigation after secret recording reveals investigators ...
thetimes.co.uk/article/nadhim-zahawi-post-office-scandal-corporate-manslaughter-cjh2q0m0s
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Jamie Dimon warns rates could stay high as market mood shifts: JPMorgan chief says inflation could be ‘stickier’ than markets expect in annual letter to ...
ft.com/content/9c3b136c-79c0-4347-9cc9-b90e5489a85f
Quick Glance: Jamie Dimon warns of potentially prolonged high rates
- JPMorgan chief Jamie Dimon warns in his annual letter to investors of potentially prolonged higher inflation and interest rates due to high government spending.
- Dimon mentioned that the economy is being fueled by government deficit spending and past stimuli, which could lead to potentially stickier inflation and higher rates.
- Financial markets have significantly reduced their expectations for the number of expected rate cuts by the US Federal Reserve, with only two quarter-point cuts planned in 2024.
- Dimon also warns of the risks of the private credit market boom and emphasizes that regulations may increasingly focus on this market, warning of geopolitical risks due to events like Russia's invasion of Ukraine.
Few in new poll say Biden law has helped fight climate change: Very few Americans believe the Inflation Reduction Act (IRA), signed into law by President Biden ...
trib.al/XuRnSYN
Ukraine war: UN body urges restraint after Zaporizhzhia nuclear plant hit: The International Atomic Energy Agency warns Russia and Ukraine not to attack nuclear ...
bbc.com/news/world-europe-68757082
Quick Glance: Drone Detonation Reported at Zaporizhzhia Nuclear Plant
- According to the notification sent to the International Atomic Energy Agency (IAEA), a drone explosion occurred on the premises of the Zaporizhzhia Nuclear Power Plant on April 7.
- The IAEA's observations suggest a consistent detonation, as mentioned in a post on X.
- No information was disclosed regarding the party responsible for launching the drone.
U.S. Mortgage Rates Jump Above 7% for the First Time This Year: Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent ...
nytimes.com/2024/04/18/business/mortgage-rates.html
Basic tax-free allowance: 244,000 pensioners do not have to pay taxes: The basic tax-free allowance was increased at the turn of the year to compensate for ...
zdf.de/nachrichten/wirtschaft/rentner-deutschland-steuern-grundfreibetrag-100.html
Kenya doctor strike: The public caught between the medics and the government: Patients have been left without access to crucial services at state hospitals for a ...
bbc.com/news/world-africa-68769839
Business defaults soar as Australian house prices outpace the globe: Australian house prices are out-performing most of the world, even after inflation ...
smh.com.au/politics/federal/business-defaults-soar-as-australian-house-prices-outpace-the-globe-20240416-p5fk42.html
Biden administration raises costs to drill on public lands: The Interior Department finalized a rule Friday making it more expensive for oil and gas producers to ...
thehill.com/policy/energy-environment/4590251-biden-administation-raises-costs-drill-public-lands/
Quick Glance: Biden Raises Drilling Costs on Federal Lands, Trump Courts Oil Donors
- The Biden administration has finalized a new rule requiring oil companies to pay at least ten times more for drilling on federal lands to generate more revenue for taxpayers.
- While Trump discusses easing drilling regulations with energy executives, the US is historically pumping a lot of crude oil, complicating regulations for Trump and Biden's climate agenda.
- The rule mandates higher bonds and royalties for fossil fuels on federal lands to better compensate taxpayers and cover the costs of cleaning up abandoned wells.
- In addition to reshaping fossil fuel production on federal lands, the administration has advanced renewable energy development on these tracts and significantly reduced rents and fees for clean energy projects.
The Forever Stamp is forever rising in price. How does the U.S. cost compare globally?
npr.org/2024/04/12/1244273973/forever-stamp-cost-price-going-up-usps-postage
Mortgage rates hit highest level since November after hot inflation report: Mortgage rates jumped to their highest reading since November as the timeline for ...
thehill.com/business/housing/4585910-mortgage-rates-hit-highest-level-since-november-after-hot-inflation-report/
Israeli air strike destroys Iranian consulate in Syria - state media: Senior Revolutionary Guards commander Mohammad Reza Zahedi was among the dead ...
bbc.com/news/world-middle-east-68708923
Quick Glance: Escalation in the Middle East: Iran's Retaliation Threat to Israel After Commanders' Deaths
- An airstrike on Damascus on Monday triggers extensive fears of escalation between Israel and Hamas.
- The strikes on the Syrian capital fuel concerns of a direct confrontation between Iran and Israel.
- Israel targets Iranian allies to create deterrence, as experts suggest both sides aim to avoid a full-blown conflict.
- Iran threatens countermeasures against Israel, while Israel maintains silence, emphasizing the unattainability of its goals.
California restaurant will up wages to compete with $20 fast-food pay: "Why wash dishes for $15 or $17 if I can go get $20 flipping burgers at McDonald's ...
businessinsider.com/california-fast-food-20-minimum-wage-restaurant-raise-pay-compete-2024-4
Quick Glance: California eateries adjust wages to meet competition with $20 fast-food pay
- A restaurant owner in California plans to raise wages to compete with the $20 per hour pay for fast-food workers.
- Legislation is expected to drive up wages in various sectors as they strive to attract and retain employees.
- The increased minimum wages worsen the existing challenges faced by independent restaurants in California.
- Implementing price changes, cost-cutting strategies, and reduced operating hours could be potential measures to streamline operations.
US actively preparing for significant regional attack by Iran that could come within the next week
cnn.com/2024/04/05/politics/us-israel-iran-retaliation-strike/
Quick Glance: US Alerted to Impending Iranian Attack
- The US is actively on high alert and preparing for a potential "significant" attack by Iran targeting Israeli or American assets in the region as a response to Monday's Israeli strike in Damascus that killed high-ranking Iranian commanders. Senior US officials currently believe that an attack by Iran is "inevitable" - a sentiment also shared by their Israeli counterparts. Both governments are working diligently to prepare for the anticipated Iranian attack, acknowledging the various possible methods through which the attack could unfold and the potential risks to US and Israeli assets and personnel.
- A looming Iranian attack was a focal point of discussion during a phone call between President Joe Biden and Israeli Prime Minister Benjamin Netanyahu on Thursday. At that moment, the two governments were uncertain about the timing and nature of Iran's retaliation. A direct Iranian strike on Israel is a scenario that the Biden administration is particularly concerned about, as it would lead to a swift escalation of an already volatile situation in the Middle East. Iran had vowed vengeance following Israel's airstrike on the Iranian embassy complex in Syria, resulting in the deaths of at least seven officials.
- The US promptly informed Iran that the Biden administration was not involved in and had no prior knowledge of the embassy attack, cautioning against targeting American assets. The US considers its own embassies and consulates abroad, as well as foreign embassies and consulates in the US, to be under special protection.
- On Tuesday, the Pentagon's Deputy Press Secretary, Sabrina Singh, stated that the US assessment pointed to Israel as the perpetrator of the airstrike. Israel has escalated its military operations against Iran and its regional allies following the October 7 attack on Israel by the Tehran-backed Hamas group. Subsequent warfare in Gaza by Israel has resulted in over 32,800 casualties, widespread devastation, and pushed more than a million individuals to the brink of starvation, according to the Gaza Ministry of Health.
International Monetary Fund: Germany in last place among industrialized nations (again)
spiegel.de/wirtschaft/unternehmen/internationaler-waehrungsfonds-senkt-erneut-wachstumsprognose-fuer-deutschland-a-49d8a54b-1dbe-4406-a72b-604e1115b2b4
Kenya doctor strike: The public caught between the medics and the government: Patients have been left without access to crucial services at state hospitals for a ...
bbc.com/news/world-africa-68769839
What to know about Biden's latest attempt at student loan cancellation: President Biden is taking another shot at student loan cancellation, hoping to deliver on ...
richmond.com/news/nation-world/government-politics/student-loan-cancellation-biden-plan-explained/article_76583957-379d-5485-96a7-79d1316b242b.html
Markets Insight: The myth of long-term high prices: High inflation will soon be history. Longer-term factors should ensure a moderate price trend in the future ...
handelsblatt.com/finanzen/anlagestrategie/kolumnen/maerkte-insight-der-mythos-langfristig-hoher-preise/100026419.html
Wall St Week Ahead Surging US energy shares reflect robust growth, inflation worries
reuters.com/markets/us/wall-st-week-ahead-surging-us-energy-shares-reflect-robust-growth-inflation-2024-04-12/
At least 13 killed, including 7 children, after strike on Gaza’s Al-Maghazi refugee camp
cnn.com/2024/04/16/middleeast/maghazi-refugee-camp-strike-gaza-intl-latam/
Russian Missile Strikes North of Kyiv Kill at Least 14, Ukraine Says: President Volodymyr Zelensky said the death toll might rise and blamed lack of air defenses ...
nytimes.com/2024/04/17/world/europe/ukraine-chernihiv-strike.html
Biden says he expects Iranian strike on Israel 'sooner than later': U.S. officials have expressed concern that Tehran may retaliate for Israeli airstrikes in ...
nbcnews.com/politics/white-house/biden-says-expects-iran-strike-israel-sooner-rather-later-rcna147639
Why are auto insurance premiums so high? Blame inflation and a few other factors: Wednesday's inflation report showed consumer price growth continues to drift ...
nbcnews.com/business/consumer/auto-insurance-premiums-costs-high-prices-inflation-explainer-rcna147204
US inflation jumps as fuel and housing costs rise: Inflation was 3.5% in March, a sign that cooling has stalled and interest rate cuts may be delayed.
bbc.com/news/business-68781482
Trump hush money trial live updates: First 6 jurors seated: Former President Donald Trump's criminal hush money trial in New York continues with the jury ...
abcnews.go.com/US/live-updates/trump-hush-money-trial/first-3-jurors-seated-109322044
Quick Glance: Twelve Jurors Seated in Trump's Hush Money Trial
- A jury of 12 individuals was empaneled on Thursday in the landmark hush money trial of former President Donald Trump, bringing the proceedings closer to opening arguments and the commencement of weeks filled with compelling testimonies.
- The upcoming trial is anticipated to present unfavorable testimonies regarding Trump's personal life pre-presidency, including accusations of manipulating business records to suppress narratives in the final days of the 2016 election surrounding his intimate relationships.
- Central to the trial is a payment of $130,000 made by Cohen just before the 2016 election to adult film actress Stormy Daniels, aimed at preventing her allegations of a sexual encounter with Trump from being publicized in the campaign's final stretch.
- The selection of the jury holds paramount significance in any criminal proceeding, particularly so when the accused is a former president and the presumed Republican candidate. Potential jurors have undergone extensive scrutiny concerning their online presence, personal backgrounds, and political stances as legal representatives and the judge meticulously scrutinize for partialities that could compromise their impartiality.
Is it the right time to buy gold or wait as prices continue to soar: Is it the right time to buy gold as prices spiral?
timesofoman.com/article/144450-is-it-the-right-time-to-buy-gold-or-wait-as-prices-continue-to-soar
Auto insurance premiums are skyrocketing. What's to blame?: Inflation accelerated more than expected in March, and an unsuspecting culprit may be to blame: auto ...
foxbusiness.com/economy/auto-insurance-premiums-are-skyrocketing-whats-blame
What the key interest rates mean for savers: Inflation is falling - the ECB is heading for a possible first interest rate cut. Consumers could already be feeling ...
zdf.de/nachrichten/wirtschaft/ezb-leitzinsen-banken-sparer-kredite-100.html
Did your car insurance rate go up a lot even though you don’t drive much?: Drivers nationwide are facing the biggest car insurance rate increases since 1976.
cnn.com/2024/04/12/business/car-insurance-rate-go-up/
How California fast food restaurants raised menu prices in response to $20 minimum wage
nypost.com/2024/04/16/business/california-fast-food-restaurants-raised-prices-due-to-minimum-wage/
Stock market today: Stocks slide for the 5th straight session: The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts ...
markets.businessinsider.com/news/stocks/stock-market-news-fifth-loss-fed-speakers-rate-cuts-delay-2024-4
Faeser on crime statistics: “Start with social causes”: Even before the statistics were presented, the numbers caused discussion: more crimes were registered in ...
tagesschau.de/inland/innenpolitik/polizeiliche-kriminalstatistik-2023-100.html
Inflation report: Dow plunges 470 points, stocks tumble on hot CPI: The odds of a June Fed rate cut have been completely wiped off of the table ...
markets.businessinsider.com/news/stocks/inflation-report-stock-market-today-fed-rate-cuts-outlook-economy-2024-4
Producer prices come in softer than consumer prices in March: Producer prices rose less than economists expected in March after consumer prices came in hot ...
thehill.com/business/4588023-producer-prices-come-in-softer-than-consumer-prices-in-march/
Gold is back — and it has a message for us: The precious metal’s surge may herald a whole new world
ft.com/content/bdcb7d8a-e958-4910-9d1b-a6a519812503
Iran readies '100+ cruise missiles' for possible retaliation against Israel
trtworld.com/middle-east/iran-readies-100-cruise-missiles-for-possible-retaliation-against-israel-17758603
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