Buckingham Palace issues photo of Queen Elizabeth’s final resting place

LONDON – Buckingham Palace published a photograph on Saturday from Queen Elizabeth’s final resting place at the royal chapel in Windsor, featuring a ledger stone bearing her name and those of her parents, and husband Prince Philip. The stone, made of black Belgian marble, sits in the King George VI Memorial Chapel which Queen Elizabeth commissioned […]

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China reports 936 new COVID cases for Sept 24 vs 918 a day earlier

BEIJING – China reported 936 new COVID-19 infections for Sept. 24, of which 217 were symptomatic and 719 were asymptomatic, the National Health Commission said on Sunday. That compares with 918 new cases a day earlier – 188 symptomatic and 730 asymptomatic infections, which China counts separately. There were no new deaths, the same as the […]

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After feverish week, global investors lick wounds and brace for more chaos

NEW YORK/LONDON – Global investors are preparing for more market mayhem after a monumental week that whipsawed asset prices around the world, as central banks and governments ramped up their fight against inflation. Signs of extraordinary times were everywhere. The Federal Reserve delivered its third straight seventy-five basis point rate hike while Japan intervened to shore […]

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Oman’s total public debt decreases by 11.5%

Muscat: The economic recovery was reflected in the increase in the trade balance surplus, as it grew by a remarkable rate of 185.8 percent to reach about OMR 4.71 billion during the first half of 2022, said His Excellency Dr Nasser Al Mawali, Undersecretary of Economy. He explained that the qualitative improvement in the performance […]

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World Food Programme (WFP) and the government of Cabo Verde join forces to support school children amidst the socio-economic crisis driven by COVID-19 and the conflict in Ukraine

A week after schools reopened in Cabo Verde, the Government’s Ministry of Foreign Affairs, Cooperation and Regional Integration, and the United Nations World Food Programme (WFP), today, signed an agreement to meet the food and nutrition needs of nearly 90,000 school children through the national school feeding programme. “The agreement now signed reflects what has […]

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United Arab Emirates (UAE) delegation attends fifth day of meetings on sidelines of 77th Session of United Nations General Assembly (UNGA)

The UAE delegation attended the fifth day of high-level meetings on the sidelines of the 77th Session of the United Nations General Assembly. Today, Khalifa Shaheen Al Marar, Minister of State, participated in a ministerial-level meeting organised by the United States with the Gulf Cooperation Council (GCC) and Egypt, Iraq, Jordan, and Yemen. Al Marar […]

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NBK supports fully-digital payment solutions at its headquarters

Al Shatti: We are carrying on our environmental conservation initiatives, intensifying our efforts towards sustainability Digitizing the workplace is not limited to job tasks, but also targets all the daily activities of employees National Bank of Kuwait (NBK) always strives to reinforce its leading position as the most socially responsible financial institution and an active […]

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Public Voting Starts Sunday September 25

The voting portal for the 2022 edition of the All Africa Music Awards (AFRIMA) (https://www.AFRIMA.org) will be opened on Sunday, September 25, at 21:00 (CAT),  to the public, globally, to decide the winners of each of the 39 award categories. The International Committee of the All Africa Music Award (AFRIMA), in conjunction with the African […]

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Maldives and Guinea-Bissau establish diplomatic relations

The Republic of Maldives and the Republic of Guinea-Bissau have formally established diplomatic relations today.   The Joint Communiqué formalizing diplomatic relations between the two countries was signed on behalf of the Government of Maldives by His Excellency Abdulla Shahid, Minister of Foreign Affairs of the Republic of Maldives and on behalf of the Government […]

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Credit markets see less risk of recession, earnings may challenge that

U.S. high-yield corporate debt markets may be underpricing for the risk of a recession even as Treasuries and macroeconomic indicators reflect rising growth fears, but that may be tested soon with corporate earnings projected to worsen. Leveraged loans and high-yield corporate bond prices have fallen from record highs reached early this year as rates increase […]

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