May2024
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Five Israeli troops killed by friendly fire in Gaza
May 16, 2024A schism over how the Palestinian territory should be governed going forward surfaced among the war cabinet on Thursday, when Israel said that five of its soldiers had been killed by friendly fire during a combat... -
Brazil announces aid to families as Lula visits flooded south
May 16, 2024The government said on Wednesday that nearly a quarter of a million families affected by the disastrous floods in the southern region of Brazil will get roughly $1,000 each to help replace what they lost. President... -
New Canadian firefighters train for brutal fire season
May 16, 2024In Canada, a forest firefighter must be proficient with both axes and pumps in addition to a water mist lance. Hundreds of new recruits are being trained in Quebec and the other provinces to put out... -
U.S. Ambassador to UN Agencies in Rome Calls for Urgent and Sustained Support for Rohingya Refugees and their host communities in Bangladesh
May 16, 2024Ambassador Jeffrey Prescott, the U.S. Representative to the United Nations Agencies for Food and Agriculture, called on the international community to continue its support to the Rohingya refugees and their Bangladeshi host communities for a crisis... -
Honda says doubling investment in EVs by 2030 to $65 billion
May 16, 2024Honda, a major Japanese automaker, announced on Thursday that it will increase funding for its electric vehicle strategy to $65 billion by 2030. “Honda is planning to invest approximately 10 trillion yen in resources… through 2030,... -
IMF approves use of reserve assets for ‘hybrid’ financial instruments
May 16, 2024The IMF said on Wednesday that its board had decided to let multilateral development banks (MDBs) to purchase financial instruments that would further expand their balance sheets using member nations’ IMF-issued international reserve assets. In a... -
PM for speedily completing foreign-aided projects
May 16, 2024To further accelerate the nation’s development frenzy, Prime Minister Sheikh Hasina today instructed the relevant authorities from all ministries and divisions to expeditiously complete foreign-aided projects and grant projects, making additional efforts as needed. The directions... -
Asian equities rallied on Thursday
May 16, 2024Asian equities rallied Thursday after US data showed inflation cooled last month, fuelling speculation that the Federal Reserve will cut interest rates twice this year. The news sent all three main indexes on Wall Street to... -
US consumer inflation eased slightly last month
May 16, 2024US consumer inflation eased slightly last month, according to government data published Wednesday, in a positive sign for President Joe Biden ahead of November’s election. The data supports his administration’s messaging that the US economy has... -
Japan’s economy suffered a worse-than-expected contraction in Q1
May 16, 2024Japan’s economy suffered a worse-than-expected contraction in the first quarter, official data showed Thursday, in further bad news for its unpopular government. Gross domestic product in the world’s number four economy shrank by 0.5 percent against...
