Brazil’s Central Bank Faces Self-Inflicted Crisis on Interest Rates and Inflation Forecasts Brazil’s central bank is facing an emergency of its own making that threatens to sabotage years of deft policy making and credibility gains. Inflation forecasts are above the 3% target into the ... 06/17/2024 - 1:20 am | View Link
BRI very important for NDB members: bank head A view of headquarters of the New Development Bank in Shanghai Photo: VCG. Editor's Note: The year of 2024 marks the beginning of the second decade of the development of the Belt ... 06/12/2024 - 1:25 am | View Link
New Development Bank Pledges Support For Egypt's Development Goals ( MENAFN - Daily News Egypt) The New Development bank (NDB) is committed to supporting Egypt's development goals through financing and technical assistance, NDB President Dilma Rousseff said during ... 06/11/2024 - 9:37 pm | View Link
‘The future is dark’: Brazilian businesses shattered by floods In the state of Rio Grande do Sul, workers struggle to recover from torrential downpours that left cities underwater. 06/11/2024 - 8:56 am | View Link
Egypt important to the global economy and ready for an integrated financial economy: President of BRICS’ dev’t bank Egypt, with its geographical location, acts as a gateway between Asia and Africa and is a crucial corridor for global trade, underscoring its importance in the global economic system, said President ... 06/11/2024 - 3:24 am | View Link
Marlene Engelhorn, an Austrian heiress who inherited tens of millions of euros from her grandmother, opted to let strangers decide where to give away €25 million ($27 million)—at least 90% of her fortune—over the past six weeks. Engelhorn has long criticized the Austrian policy of not placing any taxes for inheritances, since she feels being born into a wealthy family is a matter of luck and she did not earn the money.
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“A large part of my inherited wealth, which elevated me to a position of power simply by virtue of my birth, contradicting every democratic principle, has now been redistributed in accordance with democratic values,” she said in a statement, per BBC News.
(MIAMI) Tropical Storm Alberto formed on Wednesday in the southwestern Gulf of Mexico, the first named storm of what is forecast to be a busy hurricane season.
Alberto was located 185 miles (about 300 kilometers) east of Tampico, Mexico, and 295 miles (about 480 kilometers) south-southeast of Brownsville, Texas. It had top sustained winds of 40 mph (65 kph), according to the National Hurricane Center in Miami.
LONDON — Two climate protesters were arrested Wednesday for spraying orange paint on the ancient Stonehenge monument in southern England, police said.
The latest act by Just Stop Oil was quickly condemned by Prime Minister Rishi Sunak as a “disgraceful act of vandalism.”
The incident came just a day before thousands are expected to gather at the 4,500-year-old stone circle to celebrate the summer solstice — the longest day of the year in the Northern Hemisphere.
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English Heritage, which manages the site, said it was “extremely upsetting” and said curators were investigating the damage.
The first debate of the U. S. presidential election, featuring President Joe Biden and Donald Trump, former President and current Republican nominee, will take place on June 27. This comes after the Biden campaign proposed an unusually early date for a debate. The second debate will take place on Sep.
WIMBLEDON, England — Former Grand Slam champions Naomi Osaka, Caroline Wozniacki, Angelique Kerber and Emma Raducanu have all been awarded wild cards for Wimbledon.
The grass-court tournament starts on July 1.
Osaka — a four-time major champion and former No. 1 player — and three-time Grand Slam winner Kerber returned from maternity leave at the start of this season.
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Currently ranked 113th, Osaka was the only player to take a set from top-ranked Iga Swiatek at the French Open and followed that up with a quarterfinal spot last week in ’s-Hertogenbosch, a warm-up event for Wimbledon.
Former U.
It must be somebody pretty important in your life to warrant a personal airport pickup at 3 a.m. But that’s the honor North Korean “Supreme Leader” Kim Jong Un paid to Vladimir Putin on Wednesday morning, greeting the Russian President on a red carpet-laid runway in the wee hours and then riding with him through Pyongyang streets festooned with roses and murals of his stout, balding guest, whom Kim had earlier hailed as an “invincible comrade-in-arms.”
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The last time Putin visited North Korea, it was his first year as Russian President and Kim was still ensconced under a fake name at a Swiss boarding school.