Page 25 - M Fe News Today

U.N. agencies on Friday warned of a humanitarian catastrophe in Afghanistan as Taliban advances drive tens of thousands of people from their homes amid spreading hunger.

Thousands of small and medium Kuwaiti businesses could go to the wall after being walloped by the pandemic, potentially torpedoing a private sector central to the country's efforts to remake its unorthodox and oil-pumped economy.

Investors remained bearish towards most Asian currencies, with the Thai baht faring the worst as economies across the region continued to struggle with Delta variant outbreaks, while strength in the dollar also weighed, a Reuters poll found.

Saudi Arabia and Qatar's stock markets rose in early trade on Thursday as oil prices held on to gains from earlier this week, with financial shares also lending support.

Taliban fighters in Afghanistan captured the strategic city of Ghazni on Thursday, the ninth provincial capital they have seized in a week and another gain after U.S. intelligence said the insurgents could take the capital Kabul within 90 days.

The Federal Reserve's new approach to monetary policy, meant to provide a clear path for the central bank to reach its inflation target, has led for now to a conflicting array of interpretations as officials turn perhaps sooner than anticipated to a debate about when to raise interest rates.

As Klarna's billionaire founder Sebastian Siemiatkowski prepares to stage one of the biggest-ever European fintech company listings, a feast of capitalism, he credits an unlikely backer for his runaway success: the Swedish welfare state.

Poland's government said on Wednesday it was confident of still commanding a majority in parliament, despite the dismissal of the leader of a junior coalition party as deputy prime minister.

A strike by train drivers over pay severely disrupted services across Germany on Wednesday, adding to pressure on European supply chains and frustrating passengers at a time of high demand during the summer holiday season.

The clouds of dark exhaust spewing from aging tanks and amphibious vehicles rolling past far-right President Jair Bolsonaro on Tuesday were a poor smoke screen for a leader whose political support is slipping and re-election is in trouble.