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US Corporate Bankruptcies Surge Amid High Interest Rates and Supply Chain Strains
Posted onWASHINGTON, Aug 14 — Rising interest rates, persistent supply chain disruptions, and uncertainty over U.S. tariff policies are intensifying challenges for businesses across the country. The U.S. Federal Reserve kept its benchmark interest rate steady between 4.25% and 4.50% for the seventh consecutive month in July. However, financial pressure on corporations has continued to mount,…
Oil Prices Fall Globally Following Political Crisis in Venezuela
Posted onLONDON/ASIA MARKETS: Global oil prices declined sharply following the escalating political crisis in Venezuela, as markets reacted to reports of U.S. military action in the South American country.According to international news agencies, Brent crude in Asian trading fell by 0.63 percent, closing at $60.37 per barrel. Similarly, West Texas Intermediate (WTI) crude dropped 0.70 percent,…
Peshawar: PTI Invites Jamaat-e-Islami and Other Parties to Join Provincial Peace Jirga
Posted onPESHAWAR: The ruling Pakistan Tehreek-e-Insaf (PTI) in Khyber Pakhtunkhwa has extended invitations to all major political parties, including Jamaat-e-Islami, to participate in a peace jirga scheduled for November 12, aimed at restoring and sustaining peace in the province. A PTI delegation comprising Provincial Minister Aftab Alam, former Minister Kamran Bangash, Irfan Saleem, and Sher Ali…
Couple accused of cheating with spycam to win A$1.2m in Australian casino
Posted onNSW Police The couple are alleged to have used a hidden camera to read card games A husband and wife from Kazakhstan are alleged to have used a hidden camera and earpieces to fraudulently win nearly A$1.2m (£593,000; $784,000) in an Australian casino. The couple were caught after staff at the casino in the central…
Why Trump is hitting the road to rally Americans on the economy
Posted onAfter a year that began with action in Venezuela and a trip to Davos, President Donald Trump is turning his attention back to the domestic economy. On Tuesday, Trump made a planned trip to Iowa to speak about affordability. The White House billed the speech as a campaign-style event and intended it to kick off…
