Monthly Archives: December 2019

NSW faces catastrophic fire conditions

Firefighters in the Australian state of New South Wales were bracing for “catastrophic” fire conditions on Saturday as temperatures well above 40C (104F) and strong winds were set to fuel more than 100 fires burning across the state. Authorities asked people to delay travel, at the start of what is normally a busy Christmas holiday period, warning of the unpredictability ...

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What the general election result means for the UK economy, according to three economists: how it will affect jobs, Brexit and growth

The Conservatives’ large majority will give the economy some much-needed breathing space over the next six months. Business confidence should recover, now that a no-deal Brexit isn’t a risk in January 2020 and the outlook for domestic policy over the next five years is relatively clear. Many firms will be able to invest, knowing that corporation tax likely won’t rise, ...

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We just got a stark warning that the US economy is slowing as trade tensions persist

economy is still taking hits from the US-China trade war. Overall sales increased 0.2% last month, according to the Commerce Department, falling under the 0.5% consensus estimate from economists surveyed by Bloomberg. The metric was dragged lower by declines in the apparel and restaurant industries, hinting at weakening consumer spending trends as the year comes to a close. October’s figure ...

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Finance ministry unveils detailed presentation on steps taken to boost economy

Chief Economic Advisor Krishnamurthy Subramanian on Friday said the government is focusing on increasing consumption to boost economic growth. Presenting steps taken by the government in the past few months to pull the economy out from a six-year low growth, he said the measures include corporate tax cuts to improve risk-return of companies. Here’s a list of all measure announcements ...

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Qatar Will Stand by Lebanon During Crisis: Emadi

Qatar will stand by Lebanon during its current economic crisis, Qatari Finance Minister Ali al-Emadi told a conference in Doha on Saturday. Lebanon is facing the worst economic crisis since the 1975-1990 civil war, rooted in decades of state waste and corruption that has landed the country with one of the world’s heaviest public debt burdens. Lebanon’s “economic and political ...

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Raising awareness of Iraqi protests through art

The Halifax Iraqi community is coming together on Saturday to hold Art for Peace, an exhibition of international art at the Canada Games Centre. The goal of the event is to raise awareness of what’s happening right now in Iraq, and to raise money for the injured. “It’s very difficult to all of us,” says Aseel Mohammed Ali, the organizer ...

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Artists assemble! How collectives took over the art world

They’re principled, they’re powerful and they make the art world jumpy. As the Turner prize is split four ways, we look at how collectives are shaking things up ast week, the four artists shortlisted for the Turner prize turned themselves into a four-strong collective in order to win as a group – a move that caused controversy in the press, ...

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How Sectarianism Helped Destroy Lebanon’s Economy

Like so many in Lebanon, Samir Hamdan grew up being told that Lebanon’s political system was necessary to protect his sect. Thanks to the sectarian power-sharing agreement that ended the 15-year civil war in 1990, his small Druze minority was guaranteed seats in parliament and positions in government. But now in his twenties, Hamdan says that system has not just ...

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Fresh breeze of change in Gulf art scene

Shaikha Hoor Al Qasimi’s inspiring journey to becoming a leading voice of global art Braving the cold late October winds that announced to New Yorkers about winter’s imminent arrival, the guests bundled up in woollens as they poured into the large auditorium of the Asia Society to hear a group of award-winning ‘game changers’ from Asia — all women candidates ...

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