The Federal Reserve continues to make headlines this year with its aggressive rate hikes. Another part of the strategy to deal with inflation is to shrink the balance sheet. They do this by, for example, buying new US government securities or selling debt securities. Less than $300 billion Since its peak, the Federal Reserve has yet to shrink its balance …
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Xaveriuscollege classmates from class of ’61 still see each other: “A few boys leave for a few years” (Antwerp)
Classmates of 1961 of Xavier’s College in Borgerhout celebrate their 61st anniversary. What was once a group of teenage boys is today a gang of – in their own words – old, but 79- to 80-year-old core nerds. Old friends who still want to get together. They did just that at the city hall in Antwerp this week. Not all …
Read More »West tries to militarize Southeast Asia – Wel.nl
PHNOM PENH (AP/RTR/AFP/DPA) – The West is trying to “militarize” Southeast Asia and curb the influence of Beijing and Moscow, according to Russian Foreign Minister Sergei Lavrov. Lavrov spoke to reporters in Cambodia on Sunday, attending a summit of the Association of Southeast Asian Nations (ASEAN). “The United States and NATO countries are trying to bring this region under control,” …
Read More »[film] IDFA 2022 –
Matter Out of Place is about how humanity deals with waste. In his 16th feature-length documentary Matter of place Austrian Grandmaster Nicolas Gerhalter sheds light on the thorny subject of waste in his characteristically observant way. Most of his films have an ecological subject and sometimes an anthropological approach. At the start of Matter Out of Place, waste experts in …
Read More »Tesla considered bringing Chinese-made cars to the US
Photo: ANP American automaker Tesla is considering exporting its Chinese-made cars to the US. sources told Reuters news agency. The group’s largest factory is located in Shanghai. So far, Tesla’s strategy has been to build the cars it sells in North America at factories in Fremont, California and Austin, Texas. Tesla CEO Elon Musk called the report “false” on Twitter. …
Read More »Cuba accepts extradition flights from the United States as border crossings increase
US Immigration and Customs Enforcement (ICE) has detained about a dozen Cubans who failed an initial screening for asylum at the border, officials said, speaking on condition of anonymity to discuss the diplomatic situation. The U.S. company is waiting until there are enough Cuban exiles to fill a plane before sending one to Havana, they said. A third source familiar …
Read More »US freezes thousands of containers from China over forced labor concerns
Thousands of solar panel parts have been stuck in US ports because US regulators fear the parts were forcibly manufactured in China’s Xinjiang region. That Reuters news agency writes Based on our own research. In December 2021 Signed by US President Joe Biden Called the ‘Uyghur Forced Labor Prevention Act’, it halts all products made in the Xinjiang region at …
Read More »US approves sale of anti-aircraft missiles to Belgium | Abroad
The US State Department has approved the sale of 120 medium-range air-to-air missiles of the AIM-120C-8 AMRAAM type to Belgium for a total of USD 380 million (EUR 379 million). This was reported by the Pentagon’s agency in charge of exporting US military equipment. The DSCA (Defense Security Cooperation Agency) issued the necessary certificates and notified Congress on Tuesday of …
Read More »European shares rise sharply after US inflation eases
European stock markets closed with strong gains on Thursday, helped by better-than-expected inflation figures from the US. With weak inflation, the US central bank, the Federal Reserve, may be slow to raise interest rates. In Amsterdam, technology and chip funds in particular posted solid gains. The AEX index ended at 700.65 points on Beursplein 5, up 3.5 percent. Midcap rose …
Read More »Wall Street fell further, with Disney down more than 13 percent
Stock markets in New York ended with heavy losses on Wednesday, ending recent days’ gains. Investors profited amid uncertainty surrounding the US midterm elections. Disney posted its worst quarterly report on Wall Street since 2001. Disney lost 13 percent. Investors penalized the company for a disappointing quarterly report. It didn’t help that it had strong customer growth from its streaming …
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