Representative image The soaring dollar is propelling the global economy deeper into a synchronized slowdown by driving up borrowing costs and stoking financial-market volatility -- and there’s little respite on the horizon. A closely watched gauge of the greenback has risen 7% since January to a two-year high as the Federal Reserve embarks on an aggressive series of interest-rate increases to curb inflation and investors have bought dollars as a haven amid economic uncertainty. A rising currency should help the Fed cool prices and support American demand for goods from abroad, but it also threatens to drive up the import prices of foreign economies, further fueling their inflation rates, and sap them of capital. That’s especially worrying for emerging economies, which are being forced to either allow their currencies to weaken, intervene to cushion their slide, or raise their own interest rates in a bid to buttress their foreign exchange levels. ALSO READ: The Dollar … [Read more...] about Dollar’s strength pushes world economy deeper into slowdown
Tailbone pain 6 months after fall
Four strange COVID symptoms you might not have heard about
(Representative image) Well over two years into the pandemic, hundreds of thousands of COVID cases continue to be recorded around the world every day. With the rise of new variants, the symptoms of COVID have also evolved. Initially, the NHS regarded a fever, cough, and loss or change in sense of smell or taste as the main symptoms which could indicate COVID infection . Now, recently updated NHS guidance suggests also looking out for symptoms including a sore throat, blocked or runny nose, and a headache. But what about some of the more obscure signs and symptoms? From skin lesions to hearing loss, emerging data is increasingly showing us that COVID symptoms can go beyond what you might expect from a regular cold or a flu. 1. Skin lesions COVID-related skin complaints are not uncommon. In fact, a UK study published in 2021 found that one in five patients only exhibited a rash and no other symptom. Close COVID-19 Vaccine Frequently Asked Questions … [Read more...] about Four strange COVID symptoms you might not have heard about
6 Ways To Stop Throwing Your Money Away
Share to Twitter Share to Linkedin Do you hear that? It’s the painful sound of business owners around the world throwing their money down the drain. Every business owner (especially new entrepreneurs) is guilty of it at some point or another. But, there are plenty of ways you can steer clear of throwing your money away and save that dough for more important things, like growing your business. Ways To Stop Throwing Your Money Away Want to stop throwing your money out the window when it comes to your business? If so, you’ve come to the right place. Let’s break down six ways to put an end to the waste. Ready, set, go… 1. Budget, Budget, Budget Your business budget is a nice little guide to keep you on track financially throughout the month, quarter, year, etc. But if you don’t know how to properly budget expenses and/or if you include things in your budget that are unnecessary, you could (heck, will ) wind up throwing your money away. To ensure … [Read more...] about 6 Ways To Stop Throwing Your Money Away
Shanghai prepares for the decisive COVID battle; Beijing outbreak stubborn
(Representative image: AP) Shanghai was tightening its COVID-19 lockdown for what it hoped would be the final week of its battle with the virus before it could gradually begin to ease restrictions, while Beijing kept fighting its much smaller but persistent outbreak. China's commercial hub of 25 million hoped to come out of its painful six-week-old lockdown later this month. Authorities on Saturday were hoping one last round of tightening would eradicate the last infections of the country's worst COVID outbreak of the pandemic. Many residents of the nation's most populous city, allowed to leave their housing compounds about a week ago for short walks or quick grocery trips, have more recently received notices to stay indoors for a three-day "silent" period. Many buildings were told overnight that restriction would be extended until Friday. Going silent usually means residents cannot leave home and, in some cases, it can mean no deliveries. Linette Lim, who has spent more … [Read more...] about Shanghai prepares for the decisive COVID battle; Beijing outbreak stubborn
Private wheat exports only banned to redirect shipments to nations which need it more: Officials
India's federal agriculture and commerce ministries didn't respond to questions sent to them via email. Beyond India, other countries are also grappling with poor harvests that hinder their ability to help offset the potential shortfall of supplies from Russia and Ukraine, normally the world's largest and fifth-largest exporters of wheat. China's agriculture minister, Tang Renjian, said last month that the winter wheat harvest was likely to be poor, hindered by flooding and by delays in planting. (Image: AP) India has banned private wheat exports to redirect Indian wheat shipments to nations which need it more, officials have argued. This comes in the backdrop of wheat production estimated for 2022-23 now falling to 105 million tonnes, from the earlier 113.5 million tonnes estimated, according to latest government estimates released on Saturday. "There is no dramatic fall in production, and also no need to imagine a shortage," Commerce Secretary BVR Subrahmanyam told the press on … [Read more...] about Private wheat exports only banned to redirect shipments to nations which need it more: Officials
Soccer-Dutch drop Wijnaldum from squad for June internationals
AMSTERDAM (Reuters) - Georginio Wijnaldum has been dropped from the Netherlands squad due to a lack of playing time with his club Paris St Germain, jeopardising his chances of going to the World Cup having featured prominently in the qualifiers. The 31-year-old midfielder was the notable omission from a 30-man preliminary squad named by coach Louis van Gaal for the four Nations League matches the Dutch will play next month. The Dutch traditionally name a preliminary squad ahead of international matches and then finalise it later, usually trimming down the numbers, but sometimes adding in new players. The 31-year-old Wijnaldum skippered the Netherlands in the absence of Virgil van Dijk, when he was out with a knee injury, and last year scored five goals in 15 international appearances as the Dutch topped their World Cup qualifying group to book their spot at the tournament in Qatar. But at club level he has started only half of PSG’s league games this season after moving … [Read more...] about Soccer-Dutch drop Wijnaldum from squad for June internationals
Shanghai tightens lockdown to hit zero-COVID goal by late May: Report
China's commercial capital of Shanghai was dealt a blow on May 2 as authorities reported 58 new COVID-19 cases outside areas under strict lockdown, while Beijing pressed on with testing millions of people on a May Day holiday few were celebrating. (Image: Reuters) Shanghai is tightening its already strict COVID-19 lockdown in a fresh push to eliminate infections outside quarantined areas of China's biggest city by late this month, people familiar with the matter said. Curbs will likely vary across the city's 16 districts as some have already hit the target, but the people said movement curbs will generally remain until the end of May due to fears of a rebound, despite recently falling case numbers in the country's worst coronavirus outbreak. Accounts from residents in several districts as well as social media posts showed the government of the city of 25 million accelerating and expanding an effort to transfer the close contacts of positive cases to central quarantines … [Read more...] about Shanghai tightens lockdown to hit zero-COVID goal by late May: Report
Dalal Street Week Ahead | LIC listing, earnings among 10 key factors that will keep traders busy
Indian markets remained bearish for the the second consecutive week ended May 13 as the benchmark share indices lost nearly 4 percent. Persistent worries over rising inflation, possibility of further rate hikes by global central bank, China lockdown and weakening rupee kept the investors on the edge. During the last week, BSE Sensex declined 2,041.96 points (3.72 percent) to close at 52,793.62, while the Nifty50 shed 629.05 points (3.83 percent) to end at 15,782.20 levels. However, in the month of May Sensex and Nifty have lost more than 7 percent each. During the week gone by, all the sectoral indices were in the red with BSE Metal and Power indices falling 13 percent each. BSE Telecom index shed 6.7 percent and Realty index declined 5.8 percent. In broader market, the BSE Mid-cap index lost 5.6 percent, Small-cap index shed 6.5 percent and Large-cap Index declined 4.4 percent. In absence of any major event, market participants will be closely eyeing the performance of … [Read more...] about Dalal Street Week Ahead | LIC listing, earnings among 10 key factors that will keep traders busy
From Odesa To Your Dinner And Dram: How The War Over Fossil And Caloric Energy Supplies Is Shaping The 21st Century
Share to Twitter Share to Linkedin When the world gathered in Glasgow, Scotland for the COP26 UN climate convention, the conversation had not yet added “war in Europe” to the dual challenges of sustainability and biodiversity. Now, eight months later, in the Ukrainian port of Odesa, European Union Council President Charles Michel has described Ukrainian silos “full of grain, wheat and corn ready for export” locked in place by Russia’s wartime blockade of Black Sea ports. Independent data cruncher World Population Review estimates Russia and Ukraine together account for 30% of the global wheat trade. Today, global grain supplies are facing the one-two punch of not only climate disruption but also wartime supply shortages. The food you eat, the food that your food consumes, and perhaps some of your favorite libations are all affected as Russia’s invasion of Ukraine moves into a third month. In a world that has changed everyone and everything, the … [Read more...] about From Odesa To Your Dinner And Dram: How The War Over Fossil And Caloric Energy Supplies Is Shaping The 21st Century
Yet another allegation of sexual crimes against Thailand’s Prinn
In the latest allegation against Thailand’s now infamous former deputy leader of the Democrat Party, a woman is accusing Prinn Panitchpakdi of indecent exposure in a restaurant in 2013, and rape in 2014. The alleged rape cannot be investigated because the victim didn’t report it within months of when it happened, and yet, police say they will summon Prinn to acknowledge the charge of indecent exposure next week. As Metropolitan police investigate 5 cases connected to Prinn, police in Phetchaburi and Chiang Mai are also looking into allegations against him in their provinces. With over 20 women now having come forward and accusing Prinn of sexual abuse and rape, this is being called Thailand’s #MeToo moment. Last month, Thai feminists protested in front of Democrat Party headquarters in Bangkok, and danced to an anthem titled “Sida Lui Faai” — i.e. “Sida Through Fire” — a reference to how victims of sexual abuse in Thailand are often blamed by the powers that be for the abuse … [Read more...] about Yet another allegation of sexual crimes against Thailand’s Prinn