BEIRUT (AP) — The ripple effects of the war in Gaza are likely to knock Lebanon’s fragile economy, which had begun making a tepid recovery after years of crisis, back into recession, the World Bank said in a report released Thursday. Before the outbreak of the ongoing Israel-Hamas war on Oct. 7, the World Bank […]
Turkey’s central bank hiked its key interest rate by 2.5 percentage points on Thursday as part of its efforts to combat high inflation that has left many households struggling to afford rent and essential items. The bank’s Monetary Policy Committee raised its benchmark rate to 42.5%, delivering its seventh interest rate hike in a row […]
Dec. 20—State police in Lebanon County are looking for a man who robbed a bank in Myerstown on Tuesday. Troopers from the Jonestown station responded to a holdup alarm about 11:45 a.m. from Truist Bank on West Lincoln Avenue. An unidentified man received about $2,800 in loose bills after demanding money from a teller, stating […]
Dec. 19—Simmons Bank in this past week approved a $25,000 grant to fund the Lincoln Academy Marketplace expansion programming for a second year through their “Make a Difference” Grant — opening more doors for students to provide for themselves and their families. Lincoln Academy Marketplace is a resource housed at Lincoln Alternative Academy gives students […]
It’s safe to say now that stock investors are finishing 2023 in a pretty happy mood. We saw large gains in the markets, and even the late-summer swoon has been fully offset by November’s bullish turn, still in play six weeks later. At the start of this year, Bank of America set a year-end target […]
Two men are facing charges after a bank in North Huntingdon was robbed. Key Bank along Ronda Court was robbed around 10:30 a.m. Thursday, according to police. Charles Wesley Williams, of North Braddock, and Steven Andrew Schaffner, of Turtle Creek, are both charged in connection to the robbery. Both Williams and Schaffner were arrested and […]
Getty – take a close look research fine print examine magnifying glass study In this video, Motley Fool contributor Jason Hall discusses the eight bank stocks that he owns, making up over 12% of his portfolio. In addition to a review of how they’ve done in 2023, Jason shares his most recent thoughts on whether […]
Austria has agreed to lift its blocking of the 12th package of EU sanctions against Russia after Ukraine removed its bank Raiffeisen from the list of international sponsors of the war. Source: European Pravda with reference to reporter Rikard Jozwiak and Reuters Details: The first to report the unblocking of the sanctions package was Radio […]
Streets were empty and shops were closed across the West Bank on Monday as people in the occupied territory held a general strike to protest Israel’s assault on the Gaza Strip, part of a broader day of action that included work stoppages in Lebanon, Jordan, and elsewhere around the world. Since Israel’s latest war on […]
The western world’s largest central banks are poised to keep interest rates on hold this week amid concerns over stubbornly high inflation, despite growing expectations for sharp cuts in borrowing costs next year. In a crunch week for the global economy, the US Federal Reserve, Bank of England (BoE) and European Central Bank are expected […]
While the war in Gaza continues, tensions are rising in the West Bank where there are ongoing raids by the Israeli military and warnings of a possible uprising among Palestinians. SCOTT SIMON, HOST: For weeks, the world’s attention has been on Gaza, Israel’s war with Hamas and the humanitarian crisis for Palestinians caught in the […]
On November 24th, I woke up in occupied Ramallah to the news that Israel and Hamas had agreed to a temporary ceasefire. It was Friday, and the streets were empty. In a café, a few old Palestinian men were watching a news broadcast, which reported that the two warring parties had agreed to exchange human […]