An investor walks by an electronic board displaying stock prices at a brokerage house in Beijing. Photo: Associated Press
Euro zone stocks surged on Wednesday as investors piled into firms with big dividends on hopes European Central Bank chief nominee Christine Lagarde will maintain the ECB’s dovish stance, while Italian shares jumped over 2% on avoiding a EU sanction threat. The blue-chip eurozone STOXX index
The global economy is showing signs of bouncing back from the severe downturn caused by the global coronavirus pandemic, but a full recovery is “unlikely” without a vaccine, IMF chief Kristalina Georgieva said on Wednesday.
Egypt will remove subsidies on most energy products by June 15, it told the International Monetary Fund in a January letter released by the IMF on Saturday as part of a review of Cairo’s three-year, $12 billion loan programme with the lender.
There is a saying that ‘cometh the moment, cometh the man’. The moment was the 1986 Football World Cup Quarter-finals, when Maradona seized the moment and announced to the world that the era of the “Le Pibe de Oro” (The Golden Kid)
Tens of thousands of people were evacuated, as parts of India’s southern coast were flooded on Thursday after a cyclone slammed into its shores (“Five dead, power supply hit after Cyclone Nivar lashes south India,” Nov.27, Gulf Today).
Remember in the spring, the pot-banging? People would come out on their porches in the evening to rally for the health workers — to say, collectively for just a minute or two, that we were thankful for the effort.