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Business leaders weary of Biden see a potential friend in Harris
New York CNN — As vice president, Kamala Harris played a leading role in a very progressive Biden administration that fought mergers and big tech companies and denounced corporate greed. Harris, the leading Democratic presidential nominee, is caught in the middle of a tug-of-war as she crafts her own economic policy on key issues including taxes, trade and regulation. Some business leaders and wealthy donors are hoping Harris will adopt more centrist policies when she outlines her policy platform, particularly rolling back Biden-era antitrust enforcement. “CEOs are very excited about Harris,” Jeffrey Sonnenfeld, founder and director of the Yale University…
Bahrain: “The scar on my forehead is a painful memory…”
Saeed Alwadaei’s story is one of extraordinary resilience. Imprisoned and tortured during the 2011 Bahraini uprising, he emerged from this harrowing experience even more courageous and defender of human rights. Stripped of his citizenship, Alwadaei now works tirelessly to expose the Bahraini regime’s human rights violations and fight for justice for those who have no voice. This is the story of his incredible journey from victim to advocate on the international stage. Why did you become a human rights activist? In 2011 there was a major popular uprising in my country, Bahrain. People demanded more freedoms, an independent judiciary and…
Why Silicon Valley Is Going to War Against the Media, Journalists
It was December 2020 in San Francisco and Mike Solana was fed up. In the wake of the pandemic, as many of his friends and colleagues in the tech industry were leaving the city, the anti-tech media was shaping their exodus into yet another hysterical narrative. “There was this idea that tech people had come, extracted all the wealth in San Francisco, and moved on,” says Solana, the chief marketing officer at Founders Fund, a venture firm cofounded by Peter Thiel and known for its bets on Airbnb, Palantir, and OpenAI. “The premise was just totally wrong.” To set the…
Stock Market News, Economic & Financial News, Sensex, Nifty, Global Markets, NSE, BSE Live IPO News
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Global stocks mixed ahead of Fed meeting as German growth stagnates
TOKYO (AP) — Global stocks were mixed Tuesday ahead of a meeting of the world’s top central banks after Germany said its economy contracted last quarter.The Federal Reserve, the Bank of England and the Bank of Japan are holding monetary policy meetings this week.Gross domestic product (total production of goods and services) in the 20 countries that use the euro currency grew 0.3 percent in the second quarter, according to official figures released on Tuesday by Eurostat, the European Union’s statistics office.But in Germany, the euro zone’s largest economy, output fell by 0.1%.France’s CAC 40 rose 0.3% to 7,468.36 at…
Gold demand trends for Q2 2024
Copyright and Other Rights© 2024 World Gold Council. All rights reserved. World Gold Council and the Circle device are trademarks of World Gold Council or its affiliates.References to the LBMA Gold Price are used with permission from ICE Benchmark Administration Limited and are for informational purposes only. ICE Benchmark Administration Limited takes no responsibility for the accuracy of the prices or the products to which the prices are referenced. All third party content is the intellectual property of the respective third parties and all rights are reserved to the respective third parties.Except as specifically provided below, any reproduction or redistribution…
Architecture firm Studio Ann Holtrop renovated the Siyadi Pearl Museum and Mosque in Bahrain, using plastering techniques designed to preserve its past features. Located in the historic pearl-diving region of Muharraq, the project involved renovating two existing coral stone buildings: a dilapidated museum and an adjacent mosque. Studio Anne Holtrop renovated a museum and mosque in BahrainAiming to highlight the building’s historic character, Studio Ann Holtrop removed a section of the building’s addition before extending the existing walls and updating the façade. “The remaining historic elements will be stripped away and the missing parts of the building will be added…
FRANKFURT, Germany (AP) — Europe’s economies enjoyed modest growth in the April-June quarter even as the U.S. grew better than expected, highlighting persistent transatlantic growth divergences as Europe’s leading economy, Germany, remains sluggish and consumers are saving rather than buying new homes and cars.Gross domestic product (total production of goods and services) in the 20 countries that use the euro currency rose 0.3 percent in the second quarter, according to official data released Tuesday by Eurostat, the European Union’s statistics office. Germany, the euro zone’s largest economy, contracted again, with output falling 0.1 percent.Tuesday’s figure follows a similar increase of…
Western countries issue travel advisory for Lebanon amid rising tensions
Britain, Germany, France and the United States have urged their citizens to avoid or leave Lebanon due to rising tensions following rocket attacks in the Golan Heights and the possibility of Israeli attacks. Britain, Germany, France and the United States have issued travel advisories for their nationals, urging them to leave Lebanon or avoid traveling to the country, amid heated diplomatic talks to thwart Israeli attacks on Beirut following deadly rocket attacks on the Golan Heights. Additionally, in light of the situation in the region, the Cyprus Ministry of Foreign Affairs reminds Cypriots that travel guidelines remain in force for…
Bond market is sounding warning signs of a stock market crash, but there are silver linings for investors
The Treasury yield curve has inverted before every recession since 1969, making this the longest inversion on record. Experts are ambivalent about whether the U.S. economy is heading for a crisis. In October 2022, economists estimated a 63% chance of a recession within 12 months, according to The Wall Street Journal. At the time, inflation was over 8% and the Federal Reserve was raising interest rates at its fastest pace in decades. But the situation has changed dramatically since then. The economy continues to expand while inflation has subsided enough that policymakers are expected to cut interest rates in September.…