In January, as Inter Miami set foot in El Salvador for its initial preseason match of 2024, Lionel Messi, arguably the world’s most renowned athlete, was met with fervent cheers from hundreds of fans. This warm reception in a foreign land would have been inconceivable just eight months prior when Inter Miami, a recent addition …
The Most Valuable Teams in Major League Soccer for 2024 Read More »
Meta Platforms Inc. returns with a bang, propelling Mark Zuckerberg’s fortune to new heights. Following Meta’s quarterly results surpassing Wall Street’s projections, the Facebook co-founder’s net worth surged by an impressive $27.1 billion. This surge lifted his wealth to $169.5 billion, marking his highest net worth to date and catapulting him past Bill Gates to …
On November 2, holders of a cryptocurrency called the Aragon network token were told they were being cashed out of their investments, like it or not. The tokens were issued by the Aragon Association, a Zug, Switzerland-based non-profit entity that writes software that helps run 7,500 decentralized autonomous organizations (DAOs) managing a staggering $25 billion …
For an extended period, Ukraine has relied on robust air-defense systems from Western sources to thwart Russian missile attacks, instilling a sense of security among its citizens, particularly in major cities like Kyiv. However, on Friday, this defense shield revealed vulnerabilities. In one of the most substantial air offensives of the war, Russia unleashed …
How a Russian Barrage Evaded Ukraine’s Defenses to Wreak Deadly Chaos Read More »
On Saturday, Russian authorities reported that a Ukrainian assault on the city of Belgorod resulted in at least 22 fatalities and nearly 110 injuries. This marks the deadliest single attack on a Russian city since the conflict’s onset nearly two years ago, according to officials. The Russian Defense Ministry stated that Ukraine targeted Belgorod, a …
Gaza Strip’s DEIR AL-BALAH (AP) — Israel’s war on Hamas in Gaza will last for “many more months,” according to Prime Minister Benjamin Netanyahu on Saturday, defying repeated pleas by the international community for a cease-fire in response to the growing number of civilian casualties, famine, and mass evictions in the besieged region. Netanyahu expressed …
Termed a Christmas miracle, global inflation is decelerating faster than anticipated, with expectations that this trend will persist into the coming year, returning inflation to normal levels for the first time in three years. According to Goldman Sachs economists, core inflation (excluding food and energy) in economies, including the U.S., Europe, and various emerging markets, …
In 2024, Inflation Will Return to Normalcy for Much of the World at Last Read More »
Turkey’s economy has shown signs of improvement, with a new economic team addressing years of reckless lending and spending. The central bank’s substantial interest rate increase has contributed to a decline in economic growth, but it has also improved the inflation forecast. Despite a 10% drop in the Turkish lira’s value against the dollar, the …
Wealthy countries are witnessing a surge in tax revenues, reaching levels unseen in decades, as they grapple with the challenges of financing expanded state spending in the face of rising interest rates that diminish the appeal of borrowing. Data from the Organization for Economic Cooperation and Development (OECD) reveals record-high tax revenues as a percentage …
WASHINGTON—On Thursday, the Biden administration extended the temporary suspension of Trump-era tariffs on European steel and aluminum for an additional two years, underscoring the president’s ongoing struggles in resolving trade tensions as the approaching election year adds complexity. Despite more than two years of negotiations between Washington and Brussels, a permanent solution to eliminate …
Biden Faces Challenges in Advancing Trade Agreements with Allies Ahead of Election Read More »
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