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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With the recent execution of three convicted murderers in separate incidents, the Taliban has sent a very public message that its infamous "eye for an eye" approach to justice has been restored in Afghanistan.
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Jackie Chan made a rare on-stage appearance at the Red Sea Film Festival Thursday, where he told fans that he is currently in talks to make a fourth Rush Hour movie.
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Joe Joyce was honored at the annual WBO Convention with the official presentation of his interim heavyweight title.
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The Organization of Petroleum Exporting Countries (OPEC), along with Russia and other oil producers, announced on Wednesday that they would cut production targets by 2 million barrels a day, an action that could help Moscow pay for its war with Ukraine and hurt U.S. President Joe Biden’s chances to further cut gasoline prices for American
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U.S. President Joe Biden and first lady Jill Biden paid their respects to Queen Elizabeth II Monday, joining world leaders, the royal family and a small group of invited guests at a somber, pomp-filled funeral ceremony at Westminster Abbey that celebrated her 70 years of service as Britain’s longest-serving monarch.
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A few weeks before the Sri Lankan president fled the country amid growing protests triggered by its debt-laden economy’s default and financial crisis, a top Kyrgyz official issued a warning about the Central Asia n nation’s own dire forecast as the turmoil unfolded.
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New investment in Russia through China’s Belt and Road Initiative (BRI) fell to zero in the first half of 2022, while Chinese outlays in Pakistan dropped by 56 percent during the same period.
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A USD 20 million agreement the International Organization for Migration (IOM) and the King Salman Humanitarian Aid and Relief Centre (KSrelief) signed today will provide more than 150,000 people in Yemen with shelter relief and clean water, hygiene and sanitation (WASH) support
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