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How Taylor Swift’s Eras Tour Could Affect Europe’s Economy

Jul

How Taylor Swift’s Eras Tour Could Affect Europe’s Economy

Related media - Breaking news It's not just Taylor Swift fans who are keeping an eye on her Eras Tour dates. One of Europe's leading economists is well aware that the singer will spend the summer touring European stadiums. Philip Lane, chief economist at the European Central Bank, had the pop star in mind when he spoke at an event on Monday. The interviewer had asked him about the risk that persistent inflation in the services sector could intensify, especially as Europe heads into a particularly busy summer with the Paris Olympics and the Euro 2024 football championship in Germany.…

Fire at South Korea lithium battery plant kills at least 22

Jul

By Jean Thompson

International

Fire at South Korea lithium battery plant kills at least 22

Related media - Latest news According to Kim, workers who fled the blaze said the fire broke out when a single battery cell caught fire, triggering a series of explosions among some of the 35,000 lithium battery cells stored on the second floor of the factory. Lithium batteries can cause fires when the internal layers are compressed, causing a short circuit. The layers can be compressed by a sudden impact, such as during a vehicle collision, or by the gradual swelling of the batteries due to regular use. Lithium is a metal that can store large amounts of energy in…

A restaurant challenges the president of Venezuela by selling empanadas

Jun

By Jean Thompson

International

A restaurant challenges the president of Venezuela by selling empanadas

More news - Latest news Revenue agency representatives did not respond to our email seeking comment. The Hernández sisters were initially devastated. But they had filmed their interaction with regulators and sent it to one of their daughters. The young girl decided she could share the family's experience with some friends. The video quickly spread online, and soon outraged supporters were visiting the restaurant as if on a pilgrimage. Donations appeared at the door: spices to flavor the filling for empanadas, a 33-pound bag of cornmeal. Then funds started pouring in from Colombia, Brazil, Mexico, and even Germany. Many people…

The Fed’s preferred measure of inflation shows signs of cooling

Jun

By Jean Thompson

Investments and Business

The Fed’s preferred measure of inflation shows signs of cooling

Related media - Breaking news The Federal Reserve's preferred inflation gauge continues to show signs of cooling, accompanied by moderate growth in consumer spending - good news for central banks as they aim to control rising prices and curb demand. In May, the personal consumption expenditures (PCE) index rose 2.6% from a year earlier, meeting economists’ expectations and down slightly from April’s 2.7% increase. Excluding the more volatile food and fuel prices, core inflation also rose 2.6% year-over-year, down from April’s 2.8%. On a monthly basis, inflation remained remarkably subdued, with overall prices not showing any significant increases. The Federal…

More and more women in Africa are using long-acting contraceptives, changing their lives

Jun

By Jean Thompson

Health

More and more women in Africa are using long-acting contraceptives, changing their lives

More news - News 24 hours Countries with limited budgets usually choose to pay for health services considered more essential, such as vaccines, rather than for reproductive health, Dr. said. Ayman Abdelmohsen, head of the family planning division of the UNFPA Technical Division, because they produce more immediate results. But a recent push by UNFPA for low-income countries to shoulder more of the costs has led 44 governments to sign a new financing framework that commits them to increasing their contributions to reproductive health each year. Despite this, there was a significant global shortfall of approximately $95 million in product…

Shahjahan Bhuiya, the hangman turned TikTok star, dies in Bangladesh

Jun

By Jean Thompson

International

Shahjahan Bhuiya, the hangman turned TikTok star, dies in Bangladesh

More news - Recent news Shahjahan Bhuiya, who became famous for executing some of Bangladesh's most infamous criminals in exchange for reduced sentences for his crimes and later achieved brief fame on TikTok, died on Monday in Bangladesh's capital Dhaka. The National Police announced on Tuesday that the cause of his death, which occurred in hospital, had not yet been confirmed. Abul Kashem, Bhuiya's landlord, said he took Bhuiya to hospital on Sunday after Bhuiya felt chest pains. Last year, Bhuiya told local media that he was 74, but his national identity card, provided by Kashem, indicated that he was…