The days of ultra-low interest rates are long gone, and the Federal Reserve could begin paring back its key interest rate from a 23-year high later and less aggressively this year than markets expect. High interest rates squeeze companies of all sizes, but that’s especially the case for smaller firms, unlike large companies better equipped to weather the storm.
New York City is suing a handful of social media networks, alleging their platforms’ designs exploit young users’ mental health and cost the city $100 million in related health programs and services each year.
There was a huge bang. A massive hole opened up in the side of the plane, minutes into a flight. Wind and noise filled the cabin, clothes and phones were ripped from passengers and hurled into the void. The metal of airplane seats twisted towards the opening.
At this very moment, millions of people around the world are busy preparing for one of the year’s biggest festivals – Lunar New Year, which marks the first new moon of the lunar calendar.
The United States Ambassador to the United Nations Linda Thomas-Greenfield warned that if the Algerian proposed resolution calling for a humanitarian ceasefire in Gaza were to come up for a vote at the UN Security Council as drafted, it would not be adopted by Washington.
It has been a good week for NATO. Just days after US election frontrunner Donald Trump declared that he would encourage Russia to do “whatever the hell they want” to allies who don’t meet their defense spending commitment, a record number of NATO members declared that they would up their spending.
The Russian advance into the ruins of the city of Avdiivka was only a matter of time.
China is increasing patrols in waters near a group of frontline islands controlled by Taiwan, as tensions rise after two Chinese fishermen drowned during a pursuit by Taiwan’s coast guard who accused them of trespassing.
Born and raised in Dublin, Roberto “Pico” Lopes had long given up hope of representing the Republic of Ireland at the senior international level, for whom he had starred at junior level.
Mirra Andreeva, tennis’ new teenage sensation, shocked Ons Jabeur in the second round of the Australian Open on Wednesday.
© OfficialAffairs
