The Fed will have to navigate a changing economic landscape with the election of Donald Trump as the next US president.The United States Federal Reserve has cut interest rates by a quarter of a percentage point as policymakers took note of a job market that has “generally eased” while inflation continues to move towards the central bank’s 2 percent target. “Economic activity has continued to expand at a solid pace,” the central bank’s rate-setting Federal Open Market Committee said on Thursday. The statement followed a two-day policy meeting in which officials lowered the benchmark overnight interest rate to the 4.5…
Author: THE CONNECTING NEWSPAPER
Originally appeared on E! Online The search for answers to Liam Payne’s death continues. Nearly one month after the One Direction alum died after falling from the third floor balcony of his Buenos Aires hotel room, authorities have detained three people of interest. “Police detained two hotel workers accused of supplying the drugs,” David Muir confirmed on ABC World News Tonight, citing authorities, Nov. 6, “and raided the home of a friend, also detained.” E! News has reached out to Buenos Aires City Police for comment and has not yet heard back. The latest update on the 31-year-old’s unexpected death…
The African Energy Week (AEW): Invest in African Energies 2024 Awards Ceremony honored 12 outstanding individuals and companies across 10 categories during the Gala Dinner on Tuesday evening. These prestigious annual awards celebrate individuals and organizations making a lasting impact on Africa’s oil, gas and energy sectors, driving progress toward continent-wide energy security. Notably, the evening’s highest honor – the Mohammed S. Barkindo Lifetime Achievement Award – was awarded to three recipients. This prestigious award recognizes a sustained, decades-long career marked by visionary leadership, groundbreaking innovation and lifelong dedication to Africa’s energy future. Below is the full list of winners…
The rumoured first player target for Manchester United’s January 2025 transfer window under Ruben Amorim’s new leadership has been revealed.As Manchester United football fans await a new era under Ruben Amorim, reports have indicated that the Portuguese international is already making possible player transfer moves ahead of the January 2025 transfer window.Manchester United have reportedly made inquiries about Bayern Munich’s Leroy Sané, with the German winger potentially nearing an exit from the Allianz Arena.Following a difficult start to the season, Manchester United parted ways with Erik ten Hag and appointed Sporting CP’s Ruben Amorim as their new head coach. In…
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Yannick Ngakoue returned to the Ravens in late September, and shortly after that, he found himself on the team’s active roster. However, the veteran edge rusher’s time in the organization may end.Ngakoue is being waived, ESPN’s Adam Schefter reports. All players let go after the trade deadline are subject to waivers, putting them at risk of being claimed by an interested team. Should Ngakoue clear, though, Schefter notes the Ravens plan to retain him via a practice squad deal. The 29-year-old had a quiet free-agent market before electing to return to Baltimore early in the regular season. Between gameday elevations and…
Pro-Israeli policies featured heavily in the US president-elect’s previous White House term.Donald Trump’s win is being celebrated by Israel’s government – but not by Palestinians and others under Israeli attack. He has promised to bring peace, without saying how. Last time in office, Trump was surrounded by hardline Zionists and supporters of Israel and was described by Israeli Prime Minister Benjamin Netanyahu as the most pro-Israeli US president ever. Trump says he will bring peace to the Middle East, just as he promised last time with his so-called “Deal of the Century” that went nowhere. But the situation has worsened…
Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady slowdown of the inflation pressures that exasperated many Americans and contributed to Donald Trump’s presidential election victory. CNBC reports that policymakers are expected to trim interest rates by a quarter point from the current target range of 4.75%-5.0%. The Fed will issue its rate decision at 2 p.m. ET Thursday. Yet the Fed’s future moves are now more uncertain in the aftermath of the election, given that Trump’s economic proposals have been widely flagged as potentially inflationary. His election…
Africa-focused biogas company (B)energy re-launched BiogasUnite, a digital platform designed to boost the use of biogas for clean cooking in Africa, during a technical workshop at African Energy Week: Invest in African Energies 2024 on Tuesday. Katrin Puetz, Founder and Managing Director of (B)energy, said the company is seeking £780,000 from African and global investors to fund the adoption of BiogasUnite across the continent. Currently under trial in Uganda, the platform will provide a streamlined approach to connecting biogas consumers, technicians and energy stakeholders, according to Puetz. The initiative targets the repair of approximately 175,000 biogas cooking systems currently out…
Kolorado has just released his highly anticipated new single, “Oshey,” and it’s already making waves in the music scene.Stream Oshey by KoloradoThe track combines his signature Afrobeat rhythms with an infectious melody, showcasing Kolorado’s playful energy for creating music that resonates with his Afrobeat fans worldwide. “Oshey” is packed with catchy lyrics and upbeat vibes, making it an instant party anthem that celebrates fun, gratitude, and the joy of living with a bit of flex for Women.The song also reflects Kolorado’s lively personality, as he uses “Oshey” — a popular Nigerian Yoruba expression meaning “thank you” or “well done” —…