People walk past a retail shop in California on Friday. Agence France-Presse
US retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be spreading to the broader economy, keeping the door open for the Federal Reserve to cut interest rates again later this month.
US retail sales rebounded moderately in October although consumers did cut back on purchases of big-ticket household items like furniture and discretionary spending, which could temper expectations for a strong holiday shopping season.
US retail sales increased less than expected in November as Americans cut back on discretionary spending despite a strong labour market, raising fears the economy was slowing a bit faster than anticipated in the fourth quarter.
“Dubai and the UAE continue to demonstrate their commitment to supporting the global technology community in accelerating growth and innovation, boosting resilience and driving its transformation agenda in the post-pandemic phase."
#StopTheWaste is a movement for change launched by the United Nations World Food Programme and aims to spotlight the global issue of food waste and offer a simple solution we can all take to fight hunger by just wasting less food.
Expo 2020 Dubai can serve as a role model for future global events in the new normal, to bring people from all over the world together again,