Trump admin declares public health emergency over coronavirus outbreak
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Weekly Update by Mark Armstrong – August 16, 2024
Greetings from Tyler, Is it just my imagination, or is this one of the coolest Summers ever? East Texas is my Mom’s home, and we visited often. One time when my Mom and Dad went to tour Europe, they left us kids with my Mom’s parents. It was the only house on the right when…
Hawaii’s Mauna Loa volcano erupts for first time in nearly 40 years
Nov 28 (Reuters) – Hawaii’s Mauna Loa, the world’s largest active volcano, began erupting on Sunday for the first time since 1984, ending its longest quiet period in recorded history. The night sky above Hawaii’s largest island glowed a hellish red as bright, hot lava sprang forth at the volcano’s summit at around 11:30 p.m….
Treasury bond yield inversion signals economic pain
Rising yields on shorter-term Treasurys may signal correction in equity markets or recession Hawkish comments by Federal Reserve Chairman Jerome Powell about efforts to tame inflation have deepened the inversion of the bond yield curve for U.S. Treasury securities, which many on Wall Street have come to view as a leading indicator of an upcoming recession….
French farmers’ unions suspend protests after government offer
Demonstrations are focused on brewing free trade agreements, rising prices and bureaucratic burdens. France’s two major farmers unions announced Thursday their decision to suspend protests and lift road blockades across the country, in a dramatic development shortly after the French prime minister unveiled a new set of measures they see as “tangible progress.” Farmers have…
Nikkei jumps after landslide victory for Takaichi’s ruling party
BANGKOK – Tokyo’s Nikkei 225 share index jumped as much as 5% to a record on Monday after Japanese Prime Minister Sanae Takaichi’s governing party secured a two-thirds supermajority in a parliamentary election. The Nikkei ended up 2,110.26 points from Friday to close at 56,363.94, having briefly topped 57,000 for the first time to set…
Ethiopia asks to join BRICS bloc of emerging economies
June 29 (Reuters) – Ethiopia, one of Africa’s fastest-growing economies, has asked to join the BRICS bloc of emerging markets, the foreign ministry said on Thursday. The term BRIC was coined by Goldman Sachs economist Jim O’Neill in 2001 to describe the rise of Brazil, Russia, India and China. The BRIC powers had their first…
