Donald Trump on Wednesday called on Republicans to reject a bipartisan plan aimed at averting a government shutdown, leaving Congress in trouble as lawmakers prepare to go home for the holiday season. The about-face means Speaker Mike Johnson and Republicans will have to try to renegotiate a new deal or face a shutdown when federal … Read more
Just a few hours ago, bitcoin (BTC) seemed destined to reach $110,000. But as of today afternoon, December 18, its price is approaching $100,000. This occurs despite the fact that the Fed (central bank of the United States) has cut interest rates just as the market expected (which is usually bullish news for bitcoin). The … Read more
Islamabad — Malik Zafar Iqbal Naich was delivering copies of the newspaper he works for last week when gunmen on a motorcycle shot the journalist dead. Naich, a 45-year-old reporter and news agent for Daily Khabran, became the 12th journalist killed in a deadly year for Pakistan’s media industry. Police are investigating the case in … Read more
US Fed Rate Cut: The US central bank Federal Reserve has announced the third consecutive cut in interest rates. As expected, interest rates have been cut by 25 basis points in December. The Federal Reserve took this decision in the Federal Open Market Committee (FOMC) meeting. After this cut, the interest rate has come down … Read more
US authorities announced on Wednesday the first severe human case of avian flu in Louisiana, marking a critical escalation in the 2024 outbreak. With 61 cases reported nationwide, experts warn of rising pandemic risks. Source link
After more than three years of negotiations, the International Monetary Fund (IMF) and the government of El Salvador reached an agreement to grant the Central American country a loan for USD 1.4 billion, within the framework of the Extended IMF Facility (SAF). According to reports the IMF On its official site, the program aims to … Read more
The US Federal Reserve cut interest rates by a quarter point, but also signaled a slow pace of further cuts. Policymakers voted 11 to 1 to cut the U.S. central bank’s key lending rate to between 4.25 and 4.5%, according to a statement from the Fed. Economic activity continues to expand at a solid pace, … Read more
The man accused of killing UnitedHealthcare’s CEO has been charged with murder as an act of terrorism. The killing kindled a fiery outpouring of resentment toward US health insurance companies as Americans swapped stories of being denied coverage and stuck with sizeable bills. Greg Shaw, author of “The Dysfunctional Politics of the Affordable Care Act”, … Read more
Renewed negotiations have raised hopes for a three-phase truce between Israel and Hamas, with diplomatic sources citing “final details” in ongoing Qatar-led negotiations. The proposed multi-phase deal could include hostage exchanges and steps towards Gaza’s reconstruction. Source link
The US Federal Reserve has cut interest rates for the third time this year, to 4.25-4.5%. But the central bank indicated it would likely slow the pace of its rate cuts in the coming year, as prices remain high. Rodney Sullivan, from the University of Virginia’s Darden School of Business, says “the signal that the … Read more