I thought I’d use my time to share how I see the economy today and where we may be headed. I caution you these are my thoughts alone and not necessarily those of anyone else on the Federal Open Market Committee (FOMC) or in the Federal Reserve System. Highlights: A strong but choosier consumer, coupled with a more productive and better-valued workforce has landed the economy in a good place. As a consequence, the FOMC has started the process of recalibrating rates to somewhat less restrictive levels. Tomorrow looks different based on whether you take more signal from levels or…
Author: THE CONNECTING NEWSPAPER
At COP29 in Azerbaijan, the African Union (AU) and the United Republic of Tanzania will join forces in a high-level side event to make clean cooking a central part of the global climate agenda. The event, “Addressing Clean Cooking Challenges in Africa: A Call for African Leadership,” will take place on 12 November 2024, from 15:30 to 17:00 at the Africa Pavilion Blue Zone, H11. As African countries continue to grow economically and urbanize, the need for clean cooking solutions is more pressing than ever with 70% of the population still relying on traditional, cooking methods. The high-level gathering will…
After denying his fans for a while, multi-genre artist Young Rob heats things up with his latest single, How You Do That Thing. Known for blending genres and showcasing his musical versatility, Rob reunites with acclaimed jazz and soul singer James Follette on this electrifying track. Produced by the talented Regah, the song captures the vibrant energy of a late-night party scene. As the beats drop and the lights dim, Rob is captivated by an enchanting woman on the dance floor, and the infectious rhythm pulls listeners into the moment with its irresistible grooves. Listen to How You Do That…
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Since Nov. 9, the speculation by Major League Baseball executives, media and fans have grown each day on where former Chiba Lotte Marines pitcher Roki Sasaki will be playing in the 2025 season.Since he is an international amateur free agent under the age of 25, he will have to sign a minor league contract by rule if he signs on Dec. 15 because he is still considered an amateur player by the MLB. It is more than likely Sasaki will wait to sign on Jan. 15 to forgo playing in the minor leagues and get an increase in salary. According…
Prosecutors sought 17 years imprisonment for ‘significant’ violations of the Espionage Act.Jack Teixeira, a member of the Massachusetts National Guard, has been jailed for 15 years for leaking classified documents about the war in Ukraine and other military secrets. A federal judge in Boston, United States, on Tuesday sentenced the 22-year-old after he pleaded guilty earlier this year to six counts of wilful retention and transmission of national defence information under the Espionage Act. Prosecutors had argued for a 17-year sentence for Teixeira, saying he “perpetrated one of the most significant and consequential violations of the Espionage Act in American…
Mayor Eric Adams offered mixed messages on Tuesday to New Yorkers wondering how his administration plans to respond to the mass deportations President-elect Donald Trump has promised. Speaking to reporters at his weekly press briefing, Adams said he was opposed to Trump’s threats of mass deportation — but only after he was pressed repeatedly by reporters for clarification. “This is a sanctuary city,” Adams said, after lamenting the country’s “broken immigration system” when initially asked how he felt about mass deportations. “Those laws are in place. I want people to continue to go to school. I want people to continue to use…
By Alexandra Norris and Leora Klapper Working on a farm, whether growing crops or raising animals, is hard work. The days are long, and the risk of drought, flood, or damaging storm is always in the background. Despite how hard it is, one in three adults in Sub-Saharan Africa receive agricultural payments, making them an important source of household income, according to the latest Global Findex 2021 regional note, Digitalizing Agricultural Payments in Sub-Saharan Africa. In economies like Chad, Madagascar, and Democratic Republic of Congo, 40 percent or more of the population earns money through agriculture. Receiving those payments digitally is…
Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has facilitated a landmark US$200 million corporate finance facility for the BUA Group, a prominent Nigerian conglomerate spanning food, infrastructure, mining and manufacturing sectors. The facility, provided to BUA Industries Limited by the African Export-Import Bank (Afreximbank), marks the second successful financial advisory mandate that AFC has closed for the BUA Group (BUA), reaffirming its commitment to driving impactful transactions that advance sustainable development and economic growth across Africa. The financing, approved by Afreximbank in two tranches, supports BUA’s medium-term objectives by unlocking capital to pursue emerging market opportunities.…
Excess Van LyricsUncover the profound beauty of Prophecy lyrics by Excess Van as they inspire, provoke introspection, and ignite a spark of self-discovery.Prophecy Cover ArtExcess Van – Prophecy LyricsIntroHey!Nnam moOh noAy ayAya yaya toh toh toh toh tohChorusEven though you wish me badI’ll be okay ohEven though you pray make I fallI’ll be okay yo-oh-oh-oh-ohNobody can avert the prophecy (Whoah!)Wey God he done put inside meNobody can tamper that blessingsWey God give me, e sure for mePost-ChorusOgologomma ogologo mhmmGod be my ogologo mmaYou show me wondersYou gimme powerNa wetin dey make me dey conquerTurn my pains into songOmor the tears…