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US Federal Reserve's Caution On Rate Cuts Could Cause Friction With Trump
Donald Trump's imminent return to the White House and uncertainty about his policy proposals has begun weighing on the US Federal Reserve, raising concerns of a reckoning between the central bank and the president-elect.
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US Fed Cuts Key Interest Rate By 0.25%, Sending Stocks Tumbling
Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent as expected, the Fed announced in a statement.
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World Bank Announces Record $100 Billion Support For World's Poorest Countries
The World Bank announced Thursday that it had raised close to $24 billion to provide loans and grants for some of the world's poorest nations, which it can leverage to generate a record $100 billion in total spending power.
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Billionaires' Wealth More Than Doubles In 10 Years: Swiss Bank UBS
Billionaires have seen their combined wealth shoot up 121 percent over the past decade to $14 trillion, Swiss bank UBS said Thursday, with tech billionaires' coffers filling the fastest.
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Israeli Settlers Raid West Bank Towns, Set Homes, Buildings On Fire
Israeli settlers on Wednesday wounded a Palestinian and set buildings on fire while raiding two villages in the occupied West Bank after a nearby settlement outpost was evicted by Israeli forces, Palestinian and Israeli sources said.
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Israel Says It Killed 3 Hamas Members In Strike On West Bank
The Israeli military on Tuesday said it killed three Hamas members in an air strike near the occupied West Bank city of Tubas, after the Palestinian health ministry reported two dead.
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Biden Pledges "Historic" $4 Billion To World Bank Fund For Poor Nations
US President Joe Biden announced a "historic" $4 billion pledge for a World Bank fund that helps the world's poorest countries, the White House said Monday, before Donald Trump takes office with a new cost-cutting agenda.
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Palestinians Turn To Local Soda In Boycott Of Israel-Linked Products
In a red box factory that stands out among the drab hills of the West Bank, Chat Cola's employees race to quench Palestinians' thirst for local products since the Gaza war erupted last year.
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Iran, Russia Link Banking Systems In Latest Bid To Counter Sanctions
Iranian bank cards can now be used in Russia, state television reported, as the two countries linked their banking systems in the latest bid to counteract sanctions.
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Israel Minister Vows To Apply "Sovereignty" Over Settlements In West Bank
Israel's Finance Minister Bezalel Smotrich pledged on Monday to annex Israeli settlements in the occupied West Bank in 2025, calling Donald Trump's return to power in the United States "an important opportunity".
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"What Happens In The Booth, Stays In The Booth": Kamala Harris Banks On Women's Votes
In an ad for Kamala Harris, a woman marks her ballot for the Democratic candidate while her husband thinks she's voting for Republican Donald Trump.
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RBI Ready To Counter Rupee Slide, Fund Outflow Post-US Election: Sources
India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's US presidential election, sources said.
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Poorest Countries Face Highest Debt Burden For 18 Years: World Bank
The world's 26 poorest economies are facing the most significant debt burden since 2006, the World Bank announced in a new report published Sunday.
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Israel-Hamas War Causes Nearly 90% Drop In Gaza GDP: IMF
A year of conflict between Israel and Hamas has resulted in a "devastating impact on the economy" in the occupied West Bank and Gaza, the IMF said Thursday, including a nearly 90 percent drop in Gaza's GDP.
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Brazil Top Court Unblocks Elon Musk's Finances As X Agrees To Pay Fine
A Brazilian judge on Tuesday ordered the unblocking of the bank accounts of Elon Musk's X in the country after the social media platform agreed to pay more than $5 million in fines.
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US Federal Reserve's Caution On Rate Cuts Could Cause Friction With Trump
Donald Trump's imminent return to the White House and uncertainty about his policy proposals has begun weighing on the US Federal Reserve, raising concerns of a reckoning between the central bank and the president-elect.
-
US Fed Cuts Key Interest Rate By 0.25%, Sending Stocks Tumbling
Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent as expected, the Fed announced in a statement.
-
World Bank Announces Record $100 Billion Support For World's Poorest Countries
The World Bank announced Thursday that it had raised close to $24 billion to provide loans and grants for some of the world's poorest nations, which it can leverage to generate a record $100 billion in total spending power.
-
Billionaires' Wealth More Than Doubles In 10 Years: Swiss Bank UBS
Billionaires have seen their combined wealth shoot up 121 percent over the past decade to $14 trillion, Swiss bank UBS said Thursday, with tech billionaires' coffers filling the fastest.
-
Israeli Settlers Raid West Bank Towns, Set Homes, Buildings On Fire
Israeli settlers on Wednesday wounded a Palestinian and set buildings on fire while raiding two villages in the occupied West Bank after a nearby settlement outpost was evicted by Israeli forces, Palestinian and Israeli sources said.
-
Israel Says It Killed 3 Hamas Members In Strike On West Bank
The Israeli military on Tuesday said it killed three Hamas members in an air strike near the occupied West Bank city of Tubas, after the Palestinian health ministry reported two dead.
-
Biden Pledges "Historic" $4 Billion To World Bank Fund For Poor Nations
US President Joe Biden announced a "historic" $4 billion pledge for a World Bank fund that helps the world's poorest countries, the White House said Monday, before Donald Trump takes office with a new cost-cutting agenda.
-
Palestinians Turn To Local Soda In Boycott Of Israel-Linked Products
In a red box factory that stands out among the drab hills of the West Bank, Chat Cola's employees race to quench Palestinians' thirst for local products since the Gaza war erupted last year.
-
Iran, Russia Link Banking Systems In Latest Bid To Counter Sanctions
Iranian bank cards can now be used in Russia, state television reported, as the two countries linked their banking systems in the latest bid to counteract sanctions.
-
Israel Minister Vows To Apply "Sovereignty" Over Settlements In West Bank
Israel's Finance Minister Bezalel Smotrich pledged on Monday to annex Israeli settlements in the occupied West Bank in 2025, calling Donald Trump's return to power in the United States "an important opportunity".
-
"What Happens In The Booth, Stays In The Booth": Kamala Harris Banks On Women's Votes
In an ad for Kamala Harris, a woman marks her ballot for the Democratic candidate while her husband thinks she's voting for Republican Donald Trump.
-
RBI Ready To Counter Rupee Slide, Fund Outflow Post-US Election: Sources
India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's US presidential election, sources said.
-
Poorest Countries Face Highest Debt Burden For 18 Years: World Bank
The world's 26 poorest economies are facing the most significant debt burden since 2006, the World Bank announced in a new report published Sunday.
-
Israel-Hamas War Causes Nearly 90% Drop In Gaza GDP: IMF
A year of conflict between Israel and Hamas has resulted in a "devastating impact on the economy" in the occupied West Bank and Gaza, the IMF said Thursday, including a nearly 90 percent drop in Gaza's GDP.
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Brazil Top Court Unblocks Elon Musk's Finances As X Agrees To Pay Fine
A Brazilian judge on Tuesday ordered the unblocking of the bank accounts of Elon Musk's X in the country after the social media platform agreed to pay more than $5 million in fines.
