The Bank of England is expected to cut interest rates in the face of US tariffs threat

[ad_1] Bank of England (File Photo AP) LONDON: The Bank of England is widely expected to look past near-term inflationary pressures in the British economy and opt to cut interest rates on Thursday as a result of the potential shock to growth emanating from the tariff policies of the Trump administration. Most economists believe it’s […]

Scott Bessent Accuses IMF and World Bank of ‘Mission Creep’

[ad_1] Treasury Secretary Scott Bessent on Wednesday called for major overhauls to the missions of the International Monetary Fund and the World Bank but said that the United States remained committed to maintaining its leadership role at the global economic institutions. The comments, made at a speech on the sidelines of the spring meetings of […]

Palestinian-American Boy Killed: 14-year-old Palestinian holding American citizenship killed by Israeli Forces in West Bank

[ad_1] Representative image (Picture credit: AP) A 14-year-old Palestinian-American boy was shot and killed by Israeli forces during an incident in the West Bank town of Turmus Ayya on Sunday, Palestinian officials said, with Israeli authorities claiming he was among a group of “terrorists” hurling rocks at cars on a nearby highway.According to the town’s […]