quoting note1f7y…mznvIsrael's 'economic war' exacerbates the impact on the occupied West Bank
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#c15df9c7 ver:0.29
Israel's economy recovers after the Gaza war, with $8 billion in Israel Bonds purchased. However, the conflict has devastated the Palestinian economy, costing $16.7 billion and leading to high unemployment and poverty rates. Israel's threat to sever a vital banking route in the West Bank could worsen the situation. Western governments fear a humanitarian crisis. The Palestinian Monetary Authority considers alternative trade relations and a digital currency. #Israel #Palestine #economy #GazaWar #WestBank #humanitariancrisis...
#newstr #Israel #WestBank #PalestinianAuthority #Economy #Banking #Hamas #GazaStrip
https://here.news/story/c15df9c7?ver=0.29
quoting note154a…75ruNigeria's Inflation Rate Hits Three-Decade High, Weakening Naira Prospects
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#4fab8dff ver:0.15
Nigeria's inflation rate hits a three-decade high at 33.95%, driven by food and non-alcoholic beverages. The weakening naira and rising food prices contribute to the hardship faced by Nigerians. The Central Bank of Nigeria prioritizes fighting inflation, despite its impact on other areas. The Nigerian Bureau of Statistics identifies the ten most expensive states to live in based on inflation. The high inflation rate poses challenges for businesses, especially small ones. The Nigerian economy faces major challenges, with GDP growth slowing and the need for policies to encourage local production and address structural issues. #Nigeria #Inflation #Economy...
#newstr #Nigeria #Inflation #FoodPrices #Economy
https://here.news/story/4fab8dff?ver=0.15
quoting note1f34…4wycCNN Announces Rules for First Presidential Debate: No Props, Muted Microphones
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#77b24567 ver:0.27
CNN announces rules for first presidential debate: no props, muted microphones. The highly anticipated face-to-face debate between Biden and Trump will be moderated by CNN anchors Jake Tapper and Dana Bash. Candidates must meet certain criteria to participate. #PresidentialDebate #CNN #Biden #Trump...
#newstr #UsPresidentialDebate #JoeBiden #DonaldTrump #Cnn #JakeTapper #DanaBash #RobertFKennedyJr
https://here.news/story/77b24567?ver=0.27
quoting note1gyy…upc5Labour Party Urges Voters to Avoid Complacency and Not Give 'Matches Back to the Arsonist'
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#5ae1868a ver:0.1
Labour Party urges voters to avoid complacency and not give 'matches back to the arsonist'. Clash between Sunak and Starmer over homelessness, tax cuts, and immigration. Starmer faces criticism for green spending U-turn. Blair's influence on Labour Party criticized. Labour's plan to make private schools pay VAT criticized as pointless vandalism. Starmer denies secret tax raid allegations. Wes Streeting warns against complacency over polls predicting Labour landslide. Tories fighting for every vote. #LabourParty #UKPolitics #Election2022...
#newstr #LabourParty #UkPolitics #GeneralElection #Taxes
https://here.news/story/5ae1868a?ver=0.1
quoting note1jqd…j75wFederal Reserve Diverges from Global Peers in New Era of Higher Rates
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#ea5c5357 ver:0.38
The Federal Reserve diverges from global peers by signaling a reluctance to further lower borrowing costs, contrasting with other central banks that have already begun easing cycles. This raises concerns about foreign-exchange volatility and risks undermining progress on inflation. Investors will be closely watching economic data from the US, China, UK, and Japan. Traders see a high chance of a rate cut by the Fed in September. #FederalReserve #interestrates #economy...
#newstr #FederalReserve #InterestRates #CentralBanks #Economy #Inflation
https://here.news/story/ea5c5357?ver=0.38
quoting note1766…j43qAmerica’s Debt: Sustainable but Challenging to Sustain
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#7b8e26cc ver:1.05
America's debt is sustainable but challenging to sustain. The debt-to-GDP ratio is projected to rise to 166% by 2054, posing a threat to economic growth. Meeting interest obligations may require cutting spending, impacting growth. The US must decide whether to borrow more or cut important initiatives. Janet Yellen supports President Biden's deficit reduction plans. The IMF concludes that the debt is sustainable but acknowledges the challenge. Strong institutions and measures like increasing tax revenues are key. Careful management and policy decisions are needed for long-term sustainability. #USDebt #EconomicGrowth #Sustainability...
#newstr #UsDebt #EconomicGrowth #Imf #Sustainability #BudgetDeficit
https://here.news/story/7b8e26cc?ver=1.05