Myanmar Pro-Democracy Leader Aung San Suu Kyi Denied Outside Medical Treatment by Military Junta
Imprisoned Myanmar pro-democracy leader Aung San Suu Kyi, aged 78, is reportedly battling illness and has urgently sought medical attention from an external doctor, only to be promptly denied by the country’s military junta. Sources revealed this distressing information on Wednesday, shedding light on Suu Kyi’s deteriorating health condition. Amid her confinement, Suu Kyi has […]
Serbia’s New Digital Welfare System Raises Concerns for Vulnerable Groups
Belgrade, the capital city of Serbia, implemented a new digital welfare system last year, aiming to make the distribution of benefits fairer and prevent fraud. However, this system has caused thousands of low-income individuals, like Jovana Angela, a 43-year-old single mother from Belgrade, to lose access to welfare benefits. Despite working various jobs, including cook, […]
Former Bank of Japan Board Member Highlights Conditions for Exiting Accommodative Monetary Policy
Former Bank of Japan advisory board member, Tsuyoshi Kataoka, suggested on Thursday that the central bank will only be able to exit its accommodative monetary policy if it consistently meets its 2% inflation target. Speaking at the Reuters Global Markets Forum, Kataoka emphasized the importance of successful wage negotiations in the spring of 2024 to […]
US Commerce Secretary Lemond Warns China: Patience of US Businesses Wearing Thin
US Commerce Secretary Calls for Predictable Environment and Fair Play in US-China Relations By Reuters Staff WASHINGTON – In a recent interview broadcast on September 3, US Commerce Secretary Lemond expressed concerns over the deteriorating patience of American businesses operating in China. He emphasized the need for a predictable environment and a level playing field, […]
US President Joe Biden Visits Hurricane-Stricken Southern Florida, Expresses Support for Governor DeSantis
US President Joe Biden made a visit to southern Florida on September 2nd to assess the devastating aftermath left by Hurricane Idalia and provide solace to the victims affected by the natural disaster. Notably absent from the president’s entourage was Republican Governor DeSantis, who is concurrently vying for the presidential position himself. President Biden commended […]
China’s Country Garden Secures Approval from Creditors to Extend Repayment of Yuan-denominated Bonds
China’s Country Garden Receives Approval to Extend Repayment of Yuan-Denominated Bonds Thursday, 2nd September 2023 Country Garden, a troubled real estate developer in China, has obtained consent from its creditors to extend the repayment period for its yuan-denominated bonds, according to sources familiar with the matter. The announcement was made today, providing a temporary sense […]
Cleveland Fed President: US Labor Market Remains Strong Amid Signs of Balancing
Strong US Labor Market Shows Signs of Balancing, Says Federal Reserve Official Washington, DC – In a recent speech, Cleveland Federal Reserve Bank President Loretta Mester emphasized that despite indications of balancing, the US labor market remains resilient. Mester also highlighted the importance of data-driven interest rate decisions. “Despite witnessing some improvements in the balance […]
Niger’s Military Orders French Ambassador to Leave Within 48 Hours
Niger Military Forces Expel French Ambassador Amidst Growing Tensions NIAMEY, Niger – In an unprecedented move, Niger’s military forces, who successfully orchestrated a coup in July, have issued a statement on Thursday ordering the French ambassador to vacate the country within a mere 48 hours. This surprising development further strains the already delicate relationship between […]
Philadelphia Fed President Expects No Further Interest Rate Hikes This Year
Philadelphia Fed President Expects No Further Interest Rate Hikes in 2020 New York, August 24 (Reuters) – Speaking at the Kansas City Fed’s Jackson Hole symposium in Wyoming, Philadelphia Federal Reserve Bank President John Harker expressed his belief that the Federal Reserve will not raise interest rates any further this year. In an exclusive interview […]
Private Equity Firm Roke Capital to Acquire Subway in Conditional $9.55 Billion Deal
Roke Capital to Acquire Subway in $9.55 Billion Deal New York, 2021 – In a significant development, private equity firm Roke Capital has announced its plan to acquire the renowned American sandwich chain, Subway, for a staggering $9.55 billion. Under the terms of the acquisition, the deal will be executed as an earn-out, whereby the […]
