Mamuka Phoch
20 years of experience in mass media
Macro in a Minute This week saw significant revisions to U.S. GDP data that help explain the resilience of the U.S. economy, along with notable stimulus from the Chinese government that impacted equity and commodity markets. Today’s annual revisions increased the level of GDP 1.3% above previous reports. Also, real disposable income was revised up
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The European Union, the United States, France and eight other nations called Wednesday for an immediate 21-day cease-fire along the Israel-Lebanon border, saying the conflict there “is intolerable and presents an unacceptable risk of a broader regional escalation.” A joint statement said the cease-fire would allow for negotiations toward a diplomatic settlement consistent with existing
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Independent Study Proves Event is Economically Crucial for Tourism Industry, Local Businesses, and Job Growth CHICAGO, IL – The Bank of America Chicago Marathon continues to generate significant impact for the Chicagoland region, with the 2023 race contributing a record-breaking $547 million (PDF) to the city’s economy, a 42% increase from the $386 million impact in 2022,
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Ukrainian President Volodymyr Zelenskiy told the United Nations Security Council on September 24 that Russia can only be “forced” into peace, and denounced Iran and North Korea as “accomplices” who have helped Moscow by providing weapons it has used in attacks on Ukraine. Russian President Vladimir Putin has “broken so many international norms and rules
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Israel bombarded Hezbollah militant targets in Lebanon again on Tuesday, with the death toll from airstrikes since Monday mounting to 564, along with another 1,835 injured. In all, Israel said it struck 1,600 sites, with Lebanese health officials saying 50 children had been killed in the barrage, along with at least 94 women. The Israeli
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new york — President Joe Biden used his final address before world leaders at the United Nations General Assembly to call for peace in Lebanon and an end to the conflict in Gaza — two prospects that analysts say are unlikely to happen soon. “A full-scale war is not in anyone’s interest,” Biden said, referring to
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U.S. investigators are sorting through the social media accounts and other postings of the suspect in the latest apparent assassination attempt of former President Donald Trump, trying to determine a motive and whether anyone else may have been involved. Sheriff’s deputies in Florida arrested 58-year-old Ryan Wesley Routh, stopping him on a major highway late
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McALLEN, Texas – A 46-year-old resident of Mission has been taken into custody on charges of health care fraud and aggravated identity theft in connection with a scheme to defraud the Texas Medicaid Program, announced U.S. Attorney Alamdar S. Hamdani. Juan Martin Flores, 46, is set to make his initial appearance before U.S. Magistrate Judge
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ATLANTA — Former President Barack Obama and former first lady Michelle Obama have endorsed Kamala Harris in her White House bid, giving the vice president the expected but still crucial backing of the nation’s two most popular Democrats. The endorsement, announced Friday morning in a video showing Harris accepting a joint phone call from the former
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The fourth generation of the Porsche Cayenne will be all-electric. A demanding test programme for the first camouflaged prototypes is already well underway. Porsche is simultaneously moving forward with the development of its powerful hybrid and combustion engine models. Up to and beyond 2030, the successful SUV will be offered with three powertrain variants worldwide.
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