The strikes and hurricane-related effects “are not going to permanently alter the trajectory of the labor market; but September is probably our last clean reading on the labor market for a while,” Ryan Sweet, chief US economist at Oxford Economics, told CNN. Democratic strategist Melissa DeRosa gave her take on Vice President Kamala Harris’s stunning loss to President-elect Donald Trump in the 2024 presidential election. Economists say the state of public finances should not have come as a complete surprise to the new government. Employers added 12,000 jobs in October, much lower than the 223,000 created in September, figures show. Veterinarian professionals are committing suicide at a higher rate than the general population.
Voters who were concerned about the economy did what they so often do—punish the incumbent party. The TD Bank story serves as an ominous warning that likely will continue to be relevant despite the imminent change in DOJ leadership. Missouri is expected to offer sports betting in the coming months, but Tuesday’s win on Election Night may have little impact on a potential new stadium for the Chiefs. New models coming out from Anthropic that show where the industry is headed soon. Trump was buoyed in the 2024 election by gaining votes in traditionally Democratic demos like among Latino men, young voters and the college educated. Stimulus measures fueled a stock market rally that boosted fortunes of the majority of China’s richest. Treasury secretary speaks out to reassure the markets after a rise in the cost of government borrowing.
Moreover, allegations of corruption have emerged, casting a shadow over the sector’s transparency. The over reliance on private sector imports has led to price volatility, exacerbating the economic burden on citizens and businesses. The State owned Indeni Energy Company limited has been marginalized in accessing the Government owned asset-TAZAMA pipeline. To address these challenges, Zambia needs to revisit its petroleum sector reforms by considering adjusting current strategies and implement risk mitigation measures to ensure price and supply stability. The Ministry of Finance and National Planning has announced a significant release of K16.9 billion in October 2024 to support Zambia’s development agenda, addressing both immediate public service needs and long-term economic goals. The funds, which cover a broad range of sectors, highlight the government’s focus on fostering economic stability, improving public health, and providing essential social services. The Ministry of Finance’s K16.9 billion disbursement in October reflects a strategic balance between immediate needs and long-term goals.
- This is a beat on every aspect,” said Lindsay Rosner, head of multi-sector investing within Goldman Sachs Asset Management.
- You’ll have a problem towards the last year of elections because most of those players are going to withhold products”, said Dr Kafula said in an interview with NewsDiggers Newspaper.
- Former Presidents, Kenneth Kaunda, Rupiah Banda and the late Frederick Chiluba all have scars to prove this.
- We need stability, continuity, and a leader who understands the importance of laying a strong economic foundation.
- One of the most notable hospitals is the Hôtel-Dieu, founded in 651, the oldest hospital in Paris and the oldest worldwide still operating,322 although the current building is the product of a reconstruction of 1877.
The Attorney General has submitted no Warn and Caution statement to the High Court. Previously, the Attorney General’s defence claimed that the Sadhus were taken directly from the Department of Immigration to the Chelstone Police station. The alternative is a return to the dark days, where our nation’s coffers were nothing but a piggy bank for a select few, where ordinary Zambians bore the brunt of financial mismanagement and corruption. The decision in 2026 is not merely a political one; it is about safeguarding the very essence of Zambia’s future. We need stability, continuity, and a leader who understands the importance of laying a strong economic foundation. The challenge we face as a nation now is not just about who will be president; it’s about what kind of Zambia we want to leave for future generations. It is not luck but the fruit of HH’s deliberate policies and commitment to resuscitating this nation.
Major corporations headquartered at La Défense include Neuf Cegetel, Société Générale, TotalEnergies, Aventis, Areva, and Arcelor. It is 231 metres (758 ft) high, has 50 floors, and is the highest inhabited building in the Paris area. This title was previously held by the Tour Montparnasse, which was the tallest inhabited building until the Tour First was renovated between 2007 and 2011, bringing it to its current height from a previous 159 metres (522 ft); the tallest structure in Paris is the Eiffel Tower. Three-quarters of Americans above the age of 18 expect the job pool will shrink due to artificial intelligence, a Bentley-Gallup study indicates. The gains were widespread across major industries with only the tech-heavy information sector posting losses, according to the report. Hiring activity in the US private sector bounced back in September, according to new data released earlier this week from payroll processor ADP.
Paris hosts the annual French Open Grand Slam tennis tournament on the red clay of Roland Garros. The 1938 and 1998 FIFA World Cups, the 2019 FIFA Women’s World Cup, the 2007 Rugby World Cup, as well as the 1960, 1984 and 2016 UEFA European Business News Championships were held in Paris. Every July, the Tour de France bicycle race finishes on the Avenue des Champs-Élysées in Paris. The Federal Reserve last month cut interest rates by a jumbo half point, and investors have waffled over whether the central bank will cut rates by a quarter- or half-point next month. While September’s employment data is expected to stay relatively tame, the same can’t be said for the October jobs report, which is set to be released on November 1, just days before the presidential election. Ile-de-France has the global ambition of becoming a megalopolis driving future innovation and promoting major international events. By doubling the size of the Paris metro system, the Grand Paris Express – the largest infrastructure project in Europe – will take the region into this new dimension.
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“The labor market data may become clouded over the next few reports by a perfect storm of factors, such as the port strike and the disruptions from Hurricane Helene. While these data impacts aren’t likely to change the Fed’s interest rate course, it may make it tougher for both central bankers and investors to gauge accurately how the labor market is faring,” said Glen Smith, chief investment officer at GDS Wealth Management. While most of the jobs reports have been downwardly revised in recent months, the last time there was a similarly big upward revision to the two preceding months’ reports was in September 2023, BLS data shows. However, while the unemployment rate has marched higher, it hasn’t been entirely due to negative reasons, economists have said. Jobless claims (a proxy for layoffs) have increased but not spiked; and since the government’s measure of unemployment captures folks who are actively looking for a job, the jobless rate also includes new entrants and reentrants to the labor force.
The Treasury’s commitment to healthcare funding in October aims to mitigate these challenges, ensuring that medical facilities have consistent access to the resources they need. This funding injection is expected to improve patient outcomes and increase public confidence in the health sector. In addition to supporting operational and capital needs, the Treasury allocated K4.7 billion for debt servicing and the dismantling of arrears. This allocation is part of a broader government strategy to manage Zambia’s substantial debt burden, an ongoing challenge for the country. By prioritizing debt servicing, the government aims to improve its creditworthiness and strengthen economic stability, which could encourage foreign investment and foster economic growth.
‘Stranger Things’ Season 5 Episode Titles Include A Massive Clue About The Show’s New Threat
The October disbursements are expected to make a tangible impact across various sectors, benefiting Zambians and strengthening confidence in public services. The distribution of SCT funds is essential for many low-income families who rely on this assistance to manage daily expenses. The Treasury’s allocation underscores the government’s dedication to protecting Zambia’s most vulnerable citizens, particularly as economic challenges continue to impact household incomes. Analysts note that the sustained funding for social benefits is crucial to promoting social stability and supporting the government’s poverty alleviation targets. Another K3.5 billion from the October disbursement was dedicated to transfers and subsidies, with K1.7 billion specifically allocated for the Social Cash Transfer (SCT) program. This initiative is a lifeline for vulnerable households across the country, providing direct financial assistance to support basic needs such as food, healthcare, and education. The SCT program is widely regarded as one of the government’s most impactful social welfare initiatives, aimed at reducing poverty and promoting social equity.
He would soon meet Fred Arnot, a great Scottish pioneer missionary who had seen service in South, Central and West Africa. From him, Dr Fisher would learn of thrilling stories of conditions prevailing in the “dark continent” at the time which would turn his life around for ever. However, our ‘papas’ are expected to religiously adhere to the ways of Christ….or better still try to follow the example of missionaries – looking after widows and vulnerable children, running medical facilities, conducting soup kitchens and providing skills training to our youths. Stunningly, Munali has been brought under the State’s umbrella and included in the witness list as an alleged officer of the Zambia Police. Adding to the complexity in this abduction trial brought by the Sadhus is the Attorney General’s decision to represent Rashid Munali, the first defendant in the case, and a purported cadre member of the ruling party. The defence now claims that this invitation was routine and resulted in the issuance of a residence permit to the second plaintiff, while the determination of the first plaintiff’s Certificate of Established Resident was concluded following the necessary internal processes. For the first time, the Attorney General admits that the taking and detention of the Sadhus was a “joint operation” between police and the Office of the President.