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Articles for tag: backtracks, chair, cuts, dismiss, Fed, Interest, plan, Powell, rate, requires, Trump

April 23, 2025

News Desk

Trump Backtracks for the plan to dismiss Fed Powell chair, requires interest rate cuts

US President Donald Trump gestures with Jerome Powell at the White House in Washington, USA, November 2, 2017 – Reuters Trump calls Fed to lower interest rates. He now says is “perfect time” to reduce rates. Wall Street rebounds after Trump’s comments. Washington: US President Donald Trumps has returned from his previous threats to dismiss Federal Reserve Jerome Powell, saying he is not planning to remove him and encourage central bank to reduce interest rates to support the economy. Wall Street investors excluded US assets on Monday, with all three main indicators, after Trump took a series of Swipes in

April 15, 2025

News Desk

Fed official warns of more interest rate cuts if US invoices remain in place

The Federal Reserve building is against a Blue Sky in Washington, USA, May 1 2020 – Reuters Fed official warns that inflation could be temporarily increased to 5%. He says prolonged invoices can lead to a sharp rise in unemployment. He says that the negative impact on jobs and production may take much longer. Washington: A senior US Central Bank employee warned that interest rates may need to be reduced more than expected if President Donald Trump’s abrupt invoices for imports remain in force for a long time as they are at risk of rise. Trump introduced sweeping invoices in

April 12, 2025

News Desk

Gaza faces hunger as 60,000 children are hungry amid supply cuts

Listen to the article The United Nations has issued emergency warnings on the escalation of humanitarian disaster in Gaza, where more than 60,000 children under five are facing malnutrition and food supplies have almost exhausted in a continuing siege imposed by Israel. The UN Relief and Projects (UNRWA) said Gaza is on the brink of starvation, with bakeries closed, the help is blocking and hunger to spread quickly throughout the population. “All basic supplies are exhausted in Gaza. It means that babies and children are going hungry,” said Juliette Touma, UNRWA’s communications manager. Warnings come as the Israeli army reiterated

April 7, 2025

News Desk

Help cuts threaten fragile progress in reducing mothers’ deaths, warned UN officials

Listen to the article Cuts in international aid budgets threaten to overthrow decades in reducing mothers’ deaths and can lead to an increase in deaths that can be prevented during pregnancy and childbirth, United Nations Organizations warned on Monday. The warning came as the UN published a new report on World Health Day, showing a 40% global reduction in maternal mortality between 2000 and 2023, largely guided by improving access to basic health services. But officials say progress is now in danger. The report, the trends in maternal mortality, revealed that about 260,000 women died of pregnancy or childbirth complications

April 7, 2025

News Desk

Help cuts more women who die during pregnancy and birth, the UN warns

One view shows the headquarters of the World Health Organization (WHO) in Geneva, Switzerland, January 28, 2025. – Reuters Help cuts result in “pandemic effects” on health systems. It may have further “more structural, deep effect: Dr. Aylward. Vital services for the parent, newborn, the health of the raised children. London: Cuts to boost budgets threaten to undermine chronic progress in reducing the number of women who die during pregnancy and childbirth and could lead to increased deaths, the United Nations warned. Worldwide, there was a 40% reduction in mothers’ deaths between 2000 and 2023, an report by United Nations

April 4, 2025

News Desk

PSX Rallies in fresh high in power cuts

A stock broker examines a computer during a meeting on the Pakistan Stock Exchange (PSX) in Karachi on 31 July 2023. – AFP The stock market expanded its record on Friday, fueled by a positive investment feeling above the government’s electricity relief package, the fall of inflation and the optimism surrounding the IMF International Monetary Fund program. The Pakistani Stock Exchange (PSX) reference index increased to an intra-business high of 120,796.67, earning 1,858.56 points or 1.56%. The low of the day was recorded at 119,085.73, while the market was firmly opened to the green, extending Thursday’s strong profits after EID.

March 29, 2025

News Desk

Crisis emerges as the leader warns the budget, job cuts after exit

This photo taken on December 7, 2021, shows a sign of the World Health Organization (WHO) at its headquarters in Geneva. – AFP The World Health Organization (which) has proposed to reduce one -fifth of its budget after the US decision to retire and must now reduce its range and workforce, its head said in an internal email that saw the AFP on Saturday. The WHO faces an income gap of about $ 600 million in 2025 and has no choice but to start cutting cuts, which General Manager Tedros Adhanom Ghebreyesus stated in the message sent on Friday to

March 15, 2025

News Desk

PM Shehbaz keeps fuel prices unchanged, shifts relief to power cuts

A fuel worker holds a gasoline on a petrol pump. – Reuters Relief is ready to reduce power rates: PM Shehbaz. “The Package of Invoice Reduce that will be revealed in the coming weeks.” Premier says Govt is committed to prioritizing public relief. Prime Minister Shehbaz Sharif has decided to maintain the prices of oil products for the next fortnight and to divert the relief from the reduction of gasoline prices on the international market to a remarkable review down to the mass invoice for the masses. The federal government aims to maintain oil prices and transfer the full economic

March 15, 2025

News Desk

Trump orders significant cuts in 7 federal services, including USAGM

Listen to the article President Trump has signed an executive mandate aimed at reducing the size and scope of the seven federal services, including the US Global Media Service (USAGM), which oversees America’s voice. The mandate commands the leaders of these organizations to eliminate the functions that are not legally required and to reduce businesses to the minimum level required to comply with the law. Targeting organizations deal with various issues, such as labor differences, lack of housing and community development. In addition to USAGM, affected companies include the Federal Mediation and Consul, the Institute of Museums and Library Museums

March 13, 2025

News Desk

SBP stops rhythm cuts but probably not for long

A brass plate of Pakistan’s state bank appears outside its Wall in Karachi, Pakistan 5 December 2018 – Reuters Only interest rate cuts may not meet the growth goals, the Economist says. Fiscal austerity measures raises challenges to rejuvenate demand. Interest rates may later be repeated this use at the beginning of next year. By cooling inflation, the Pakistani State Bank (SBP) hit the pause in the multiple rounds of monetary relaxation that may risk destabilizing its currency or worsening the commercial deficit. Economists have said the government should shift its focus on implementing economic reforms, as interest rates cuts

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