The nation’s loan program for disaster survivors has fully depleted its funding, the Biden administration announced Tuesday. And lawmakers, who are the only ones who can approve more funding, are scheduled to be out until after Election Day. Without congressional action, the Small Business Administration can’t make new loan offers to people trying to rebuild … Read more
Bodies have been recovered after torrential rain caused flash floods in southeastern Spain, the leader of the Valencia region says. “Dead bodies have been found, but out of respect for the families, we are not going to provide any further data,” Carlos Mazon told reporters. Spain has been hit by torrential rain and hailstorms, triggering … Read more
Euro zone business activity remained stagnant this month, staying in contractionary territory as demand from both domestic and international markets decreased despite firms barely raising their prices, according to a survey released on Thursday. HCOB’s preliminary composite euro zone Purchasing Managers’ Index, compiled by S&P Global, inched up to 49.7 in October from September’s 49.6 … Read more
With just three weeks left before a fiercely contested U.S. election, it is crucial that the voices of students are heard, even those who are not yet eligible to vote. However, many students lack the necessary knowledge about civic issues to form informed opinions. This lack of knowledge is in part due to the decline … Read more
The Greater Manchester Police (GMP) have been searching the reservoir since Sunday after Simon Daniels, from Winsford, Cheshire, and a woman, fell off their inflatable paddleboard at around 2.30pm and entered the water. A large search operation was launched by emergency services, including coastguard and mountain rescue teams, to find the 29-year-old, who went missing after … Read more
Investing.com– Most Asian currencies were trading within a narrow range on Monday, with the yuan holding steady after the People’s Bank of China cut interest rates slightly more than anticipated. Meanwhile, the dollar remained close to recent highs. Regional currencies had been under pressure in recent weeks as expectations of smaller U.S. interest rate cuts … Read more
Investing.com — Wells Fargo analysts have expressed doubts about the recent high-profile policy announcements from China, suggesting that the measures taken are unlikely to have a significant impact on the country’s economic trajectory. The bank argues that the growth effects of these stimulus initiatives will be similar to past experiences and will not address the … Read more
Most Asian currencies remained stable on Friday as the dollar held steady at more than two-month highs due to strong economic data, which reinforced expectations of smaller interest rate cuts. Regional markets were largely unaffected by Chinese gross domestic product data showing expected growth in the third quarter. The yuan slightly strengthened after the data … Read more