Fed determined to curb inflation, several more half-point hikes ‘probably appropriate’

Managers want “quickly return monetary policy to a neutral path”. US central bank officials have said they are determined to bring inflation down sharply, and most of them estimated at their last meeting in early May that several more half-point rate hikes will be “probably necessary”. Read alsoWall Street opens lower while waiting for the … Read more

Accused of corruption and manipulation, Glencore signs agreements in the United Kingdom, the USA and Brazil

The group said in February that it had set aside $1.5 billion in provisions to settle ongoing investigations. The Swiss group Glencore announced on Tuesday that it had entered into coordinated agreements with authorities in the United Kingdom, the United States and Brazil, pleading guilty to corruption and market manipulation. Read alsoGlencore to invest USD … Read more

nearly one in five Amazon delivery workers injured in 2021, unions say

A work injury rate that is more than double that of the rest of the industry (7.6%), according to a report. More than 18% of Amazon delivery workers, employed by the group’s subcontractors, suffered workplace injuries in 2021, a rate that jumped 40% year on year, according to a coalition of American unions. “Amazon’s huge … Read more

Google launches a call for applications for the financing of African startups

The American computer giant, Google, has launched a call for applications for its Google for startups program. This initiative aims to facilitate access to funding for start-ups founded by Africans. What’s next after this ad Google for startups wants to bridge the existing technology gap in fundraising for startups on the African continent. For this … Read more

SAFLAN, the new revolutionary software in the field of telephone top-ups

The digital world is changing rapidly. Only a few years ago, it was not possible for a phone to act as an electronic wallet or a transaction tool. All these innovations are the result of research by young dynamic people who are passionate about the digital world. Among its visionaries is Tinga Jean Bonkoungou, a … Read more

Biden’s Fed nominee Michael Barr downplays institution’s climate role

According to Michael Barr, “the only objective should be to understand the risks that the climate could pose to the financial system and to work” on “measures to manage these risks.” The US central bank (Fed) must understand climate risks and help banks deal with them, not determine which sectors they should or should not … Read more

solving the baby milk shortage will take a few weeks

An investigation was opened and the manufacturer points out that no trace of bacteria was found in the boxes of milk in question. Baby milk powder should reappear on store shelves in a few days in the United States but the shortage will not be resolved for several weeks, the head of the American drug … Read more

Vietnam celebrates Science and Technology Day | Science

Hanoi (VNA) – Vietnam celebrated its Science and Technology Day on Wednesday, May 18. Present Ta Quang Buu Awards 2022. Photo: hanoimoi.com.vn The theme chosen for this edition is “Science, technology and innovation stimulate socio-economic recovery”. On this occasion, the Ministry of Science and Technology organized the 2022 Ta Quang Buu Award Ceremony. This year’s … Read more

Technology in medical fields

A US delegation from the University of Illinois at Chicago arrived at Mohammed I University in Oujda earlier this week as part of a new project that brings together medicine, pharmacy and technology. Yassine Zaghloul, President of Mohamed I University in Oujda, received the American delegation composed of Carl Kochendorfer, Head of Health Information at … Read more

Consumption does not weaken in the United States, but is inflated by inflation

AFP, published on Tuesday, May 17, 2022 at 11:54 p.m. Consumer spending is still climbing in the United States, but is inflated by inflation, which lengthens consumers’ bills and reduces the contents of their baskets. Rising costs are also weighing on the profitability of some large retailers such as Walmart. Supermarket giant Walmart, acclaimed for … Read more