Spain and Morocco want to reset their difficult relations at the summit in Rabat

Spain and Morocco want to reset their difficult relations at the summit in Rabat

Spain and Morocco hold their first summit in eight years Relations long strained by the issue of illegal immigration Expected to sign up to 20 trade and investment agreements RABAT, Feb 2 (Reuters) – Spain and Morocco have agreed to put aside their differences, Spanish Prime Minister Pedro Sanchez said on Thursday, as they seek … Read more

US weekly jobless claims fall to nine-month low; productivity speeds up

US weekly jobless claims fall to nine-month low;  productivity speeds up

Weekly jobless claims fall by 3,000 to 183,000 Continuing claims decrease by 11,000 to 1.655 million Productivity accelerates at a rate of 3.0% in the fourth quarter Unit labor costs increase at a rate of 1.1% WASHINGTON, Feb 2 (Reuters) – The number of Americans filing new claims for unemployment benefits fell to a nine-month … Read more

Wall Street rallies as Fed chief Powell speaks after rate hike

Wall Street rallies as Fed chief Powell speaks after rate hike

Feb 1 (Reuters) – The S&P 500 and Nasdaq rallied to higher closes on Wednesday after Federal Reserve Chairman Jerome Powell acknowledged that inflation was starting to subside after a U.S. rate hike. a quarter point by the US central bank, which issued a statement that it expects “continued increases”. Wall Street’s major indexes lost … Read more

UK teachers and civil servants join mass strike on ‘Walkout Wednesday’

UK teachers and civil servants join mass strike on ‘Walkout Wednesday’

Up to 500,000 people expected to join UK strikes Government says steep pay rises will fuel inflation Schools are closed, most trains are not running More strikes involving health workers planned for next week LONDON, Feb 1 (Reuters) – Up to half a million British teachers, civil servants and train drivers walked out on Wednesday … Read more

India increases spending in latest budget before election

India increases spending in latest budget before election

NEW DELHI, Feb 1 (Reuters) – India’s government on Wednesday unveiled a $550 billion budget for the next fiscal year which starts on April 1, with a record capital spending plan while containing the budget deficit. Prime Minister Narendra Modi’s party, which faces elections in key states this year and a national vote in 2024, … Read more