Fares for US airline tickets rose 33 percent last August, more than inflation in the United States. According to the Rueters news agency, airline tickets are “one of the biggest drivers of consumer price increases.” Meanwhile, American Airlines says it posted higher profits in the third quarter as it was able to offset higher costs […]
Warm U.S. inflation data reinvigorates global sales
US CPI data leads to bets on more Fed rate hikes The MSCI ACWI Global Equity Index is at its lowest point since July 2020 Wall Street and global stocks enter seventh day of decline The dollar rises again, and the yen hits new lows in 1998 UK markets rise after government report on scrapping […]
US inflation is central to Tamrock
Stock market trading at TomRock on Thursday will be mainly dominated by US inflation numbers, which will be released later in the day. Investors believe consumer price inflation in the US has weakened further. The US Federal Reserve should raise interest rates very little in the future to control inflation. Inflation was still at 8.3 […]
The bottom line: The ECB won’t raise interest rates as sharply as the US
Finance•Oct 12 ’22 at 6:05 PMAuthor of the book: PNR Web Editor The European Central Bank (ECB) is unlikely to raise interest rates in the euro zone as the Federal Reserve has done in the US. De Nederlandsche Bank (DNB) President Klaus Knott announced this at a meeting at the International Monetary Fund (IMF) in […]
Parent company Vivera is leaving the US
A meat processor from São Paulo took over the Dutch Vivera About. The fake meat producer came into the hands of a Brazilian company for 341 million euros. The acquisition was mainly aimed at giving JBS access to the European market, and gave Vivera more opportunities to grow. Now JPS appears to be withdrawing from […]
Hurricane Ian makes landfall in Florida, storm surge measured at 3.6 meters
Ian made landfall in the United States on Wednesday on Cayo Costa, off the coast of Fort Myers, west of the US state of Florida. The National Hurricane Center in Miami has again warned of the extraordinary danger posed by Ian, who has been classified as the second most intense Category 4. NHC meteorologists reported […]
Bloomberg: US talks with Turkey over gas supplies to Europe
Photo: ANP The United States is in talks with Turkey about ways to help the country facilitate gas supplies to southeastern European countries such as North Macedonia and Bulgaria. This is what senior US officials told Bloomberg News. Turkey has the capacity to receive liquefied natural gas (LNG) and regasify it. Much of that liquefied […]
‘Ex-NSA employee sold classified US data’ – News
A former NSA official tried to sell classified US information to a foreign government. At least that’s what the FBI says. The suspect has been charged with espionage. The 30-year-old briefly worked for the NSA earlier this year. On July 29, shortly after his departure, he allegedly contacted someone posing as a foreign agent through […]
The state of Arizona reintroduced the 1901 abortion law
Americans are protesting a US Supreme Court ruling that strips women in the US of their constitutional right to have an abortion. — © ANP/EPA A judge in the US state of Arizona ruled Friday that a 1901 ban on abortion is legally valid again. The law, which bans abortion in nearly all cases, was […]
Biden: US Forces Protect Taiwan From Chinese Invasion | Abroad
If China ever decides to invade Taiwan, US troops will guarantee the island nation’s security. US President Joe Biden left no doubt about it in an interview with CBS 60 Minutes on Sunday. Asked if US military personnel would defend Taiwan, Biden said: “Yes, in fact, there has already been an unprecedented attack.” However, the […]