Author: efinance

he Fed chairman said progress in bringing down inflation is ‘not assured and the path forward is uncertain’ – meaning interest rates will likely remain high for a while. Powell’s comments echoed the Fed’s statement in announcing the decision, saying that the committee “does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2 percent.” However, Powell added that it was unlikely the next move would be a rate hike. The central bank also decided to slow its sales of securities, a move designed to keep…

Visitors enjoy a lion dance performance in Haikou, Hainan province, on Saturday. Both Chinese cities and overseas destinations recorded a large number of Chinese tourists during the five-day May Day holiday. Sun Shijie / For China DailyChinese holidays have injected impetus into the world economy, with the just-concluded May Day holiday bringing a strong burst of tourism growth to domestic as well as overseas destinations, travel experts said. They added that the holiday’s prosperity marks the all-around recovery of the nation’s tourism industry. The holiday brought good tidings from travel agencies, which said that long-distance tour products were hot sellers…

US Ambassador to Sri Lanka Julie Chung said that she met with President Ranil Wickremesinghe to discuss how Sri Lanka arrived at this point of economic and political crisis, and how they can work together to navigate towards a brighter future for all. “Met with President Ranil Wickremesinghe at the Presidential Secretariat today. He takes office at a time when Sri Lanka stands at a crossroads. We discussed how it arrived at this point of economic & political crisis, and how we can work together to navigate toward a brighter future for all,” Chung tweeted. “Our countries and our people…

BEIJING Asian stock markets followed Wall Street lower Wednesday as traders prepared for a possible sharp interest rate hike from the Federal Reserve to cool inflation. Shanghai, Hong Kong and South Korea declined. Tokyo advanced. Oil prices were little changed, staying below $100 per barrel. Wall Street tumbled Tuesday after Walmart warned inflation that has spiked to a four-decade high of 9.1% is hurting American consumer spending. The Fed on Wednesday is expected to announce a rate hike of up to three-quarters of a percentage point, triple its usual margin. That would match a similar increase last month, the U.S.…

To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation. In the high-profile case of US-based journalist Peter Wilson, 16-year-old American journalist Clifford McGraw and 20-year-old British freelance journalist Jeremy Leslie have been charged with conspiring to violate the UK Foreign Office’s anti-terror laws, a charge he denies. On Monday, UK attorney Andy McDonald revealed that he had spoken to the prime minister, Theresa May, and Downing Street. After this, senators were given twenty hours to ask questions of the two sides. Anthony…

To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation. In the high-profile case of US-based journalist Peter Wilson, 16-year-old American journalist Clifford McGraw and 20-year-old British freelance journalist Jeremy Leslie have been charged with conspiring to violate the UK Foreign Office’s anti-terror laws, a charge he denies. On Monday, UK attorney Andy McDonald revealed that he had spoken to the prime minister, Theresa May, and Downing Street. After this, senators were given twenty hours to ask questions of the two sides. Anthony…

To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation. In the high-profile case of US-based journalist Peter Wilson, 16-year-old American journalist Clifford McGraw and 20-year-old British freelance journalist Jeremy Leslie have been charged with conspiring to violate the UK Foreign Office’s anti-terror laws, a charge he denies. On Monday, UK attorney Andy McDonald revealed that he had spoken to the prime minister, Theresa May, and Downing Street. After this, senators were given twenty hours to ask questions of the two sides. Anthony…

To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation. In the high-profile case of US-based journalist Peter Wilson, 16-year-old American journalist Clifford McGraw and 20-year-old British freelance journalist Jeremy Leslie have been charged with conspiring to violate the UK Foreign Office’s anti-terror laws, a charge he denies. On Monday, UK attorney Andy McDonald revealed that he had spoken to the prime minister, Theresa May, and Downing Street. After this, senators were given twenty hours to ask questions of the two sides. Anthony…

To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation. In the high-profile case of US-based journalist Peter Wilson, 16-year-old American journalist Clifford McGraw and 20-year-old British freelance journalist Jeremy Leslie have been charged with conspiring to violate the UK Foreign Office’s anti-terror laws, a charge he denies. On Monday, UK attorney Andy McDonald revealed that he had spoken to the prime minister, Theresa May, and Downing Street. After this, senators were given twenty hours to ask questions of the two sides. Anthony…

To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation. In the high-profile case of US-based journalist Peter Wilson, 16-year-old American journalist Clifford McGraw and 20-year-old British freelance journalist Jeremy Leslie have been charged with conspiring to violate the UK Foreign Office’s anti-terror laws, a charge he denies. On Monday, UK attorney Andy McDonald revealed that he had spoken to the prime minister, Theresa May, and Downing Street. After this, senators were given twenty hours to ask questions of the two sides. Anthony…