PARIS, France – The global economy is turning the corner as growth remained resilient through the first half of 2024, with declining inflation, though significant risks remain, according to the OECD’s latest Interim Economic Outlook. With robust growth in trade, improvements in real incomes and a more accommodative monetary policy in many economies, the Outlook projects global growth persevering at 3.2 percent in 2024 and 2025, after 3.1 percent in 2023. Inflation is projected to be back to central bank targets in most G20 economies by the end of 2025. Headline inflation in the G20 economies is projected to ease to…
Author: THE CONNECTING NEWSPAPER
The 2024/25 Women’s UEFA Champions League draw has been concluded with 16 teams vying for one of the most lucrative women’s club competitions in the world.The spots in the draw of the Women’s UEFA Champions League were filled by 16 top teams from across Europe. The teams will be divided into four groups, tagged A to D, with the condition that clubs from the same country cannot be drawn into the same group.The teams are seeded into four pots based on their club coefficient rankings with the highest ranked teams placed in the first pot down to the fourth pot.Here…
When the deal becomes official, it will be a three-team trade, per Charania. The Knicks dealt guard DaQuan Jeffries and draft compensation to the Charlotte Hornets to absorb salary. Towns doesn’t come cheap, carrying a hefty $49.2 million cap hit in 2024-25. Meanwhile, he has three years remaining on a four-year, $220 million contract, including a player option ($61 million) in 2027-28, when he’ll be 32 years old. Conversely, Randle will make $28.9 million in 2024-25 and has a player option in 2025-26 ($30.9 million) remaining on his deal. DiVincenzo carries an $11.4 million cap hit this season and is locked up through 2026-27. Acquiring Towns is a big swing…
Kolkata, India: Tapas Pal has been making clay idols of various gods and goddesses for the past two decades at Kumartuli, a traditional potters’ hub in Kolkata in eastern India’s state of West Bengal. The 42-year-old, who makes six-metre (20ft) high idols from unfired clay, told Al Jazeera that he would not normally have any spare time in the two months leading up to Durga Puja, the biggest festival of the state, as he would be on deadline to deliver the idols to the festival organisers. But the situation this year is completely different, he says, with fewer orders and…
article The Turkish Consulate building in New York, US, on Friday, Sept. 27, 2024. A Turkish official allegedly told New York City mayor Eric Adams in 2021 it was “his turn” to repay him by pressuring New York City Fire Department officials to enable the ope NEW YORK – In the wake of the indictment of Mayor Eric Adams, questions are swirling over the Turkish Consulate building on First Avenue that plays a key part in the corruption case. Prosecutors allege that the $300M building was rushed into opening without proper safety precautions. According to the indictment, Mayor Adams used…
LYON, France – An international operation targeting child sex offenders has led to 144 arrests and enabled the safeguarding of 20 victims across South America. During Operation Orion International, 12 South American countries joined forces to combat the production, distribution and possession of online child sexual abuse and exploitation material, focusing particularly on victim identification and rescue. As a result of the operation, undertaken with the coordination and support of INTERPOL, 18 direct abusers were caught and 111 people were charged with possession and distribution of abuse material. Seven individuals wanted internationally for child sex offenses, who were the subjects…
Nigerian Gospel singer, Peterson Okopi, has officially tied the knot with his fiancée, Prudent Gabriel, in a beautiful civil wedding ceremony.The elated groom took to Instagram to share the joyful news, expressing gratitude and enthusiasm for his new chapter in life. “I’m truly blessed,” Peterson Okopi declared.A video accompanying the post showcased the couple’s elegant outfits, with Peterson Okopi stunning in a burnished brown suit and Prudent Gabriel dazzling in an exquisite white bridal gown.Also, the heartwarming clip captured the newlyweds’ radiant smiles and tender embrace as they shared a special moment together.Additionally, fans and well-wishers flooded the comment section…
On lap three of Friday’s NASCAR Craftsman Truck Series playoff race at Kansas, Daniel Dye’s season was determined. The No. 43 truck scrubbed the wall from the ninth position, and after hitting the wall again on lap 14, he was forced to make a pit stop that put him a lap down. Dye ran as low as 33rd in a 34-truck field and ultimately finished 28th, three laps down. He entered Friday’s elimination race nine points below the cut line, and while he posted a good lap in qualifying, he was unable to dig out the early hole at Kansas to advance…
Earlier this month, the world was shocked by the arrest of one of the most successful music moguls in the history of rap, Sean “Diddy” Combs, at a Manhattan hotel on charges ranging from sex trafficking and aiding in the transportation for prostitution to racketeering. The 55-year-old rapper’s arrest and subsequent indictment were the result of a ten-month investigation that began after several women publicly accused him of sexual misconduct and other forms of abuse. In November 2023, American singer Cassie Ventura filed a lawsuit against Combs claiming he had repeatedly raped her, subjected her to physical and psychological abuse,…
Mayor Eric Adams pleads not guilty in bribery case New York City Mayor Eric Adams is facing federal bribery charges, accused of accepting over $100,000 in free travel and luxury stays from wealthy Turkish nationals. While Adams pleads not guilty, his top advisor, Ingrid Lewis-Martin, had her home raided by investigators. FOX 5’s Morgan McKay and Antwan Lewis break down the details. NEW YORK – Stone-faced authorities stepping up to a podium. A scrum of reporters jostling for a quote. Popping flashbulbs and pandemonium. The spectacle played out across a public plaza from the federal courthouse where New York City…