Category: aid
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Analysis-Trump’s aid cuts imperil emerging market investment cash
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Written by Libyan George and Virginia Forens LONDON (Reuters) – Investors said the US decision to freeze and profit the basic relief agency that got rid of the countries that have obtained their funding and may make it difficult for emerging economies to attract private money, the investors said. The…
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Will US military aid to Israel stay solid under Trump?
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The new old US President Donald Trump refuses to fight other people’s wars, so the US presence in the Middle East, including military aid to Israel, whether through financial grants or through physical presence, could change. Under the agreement reached between Prime Minister Benjamin Netanyahu and President Barack Obama covering…
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Disney pledges $15 million in Los Angeles fire aid as more stars learn they’ve lost their homes
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Breadcrumb links PMN BMN Business Article writer: Posted on January 10, 2025 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content LOS ANGELES (AP) — Wildfires in the Pacific Palisades region burned down the home…
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Biden gov’t plans $8b military aid package for Israel
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The administration of US President Joe Biden has informed Congress that it intends to approve an $8 billion military aid package for Israel, Reuters reported yesterday. An aid package of this size requires approval by the House of Representatives and the Senate. It will include air-to-ground munitions and artillery shells.…
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Stocks Rally With Asia as China Pledges Fiscal Aid: Markets Wrap
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(Bloomberg) — European stocks and U.S. stock futures rose, tracking gains in Asia after China pledged fiscal stimulus, and technology shares rose. Most Read from Bloomberg Europe’s Stoxx 600 index rose 1% and Nasdaq 100 futures advanced after a strong revenue outlook from Micron Technology Inc. sent the stock higher…
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Stocks Rally With Asia as China Pledges Fiscal Aid: Markets Wrap
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(Bloomberg) — European stocks and U.S. stock futures rose, tracking gains in Asia after China pledged fiscal stimulus, and technology shares rose. Most Read from Bloomberg Europe’s Stoxx 600 index rose 1% and Nasdaq 100 futures advanced after a strong revenue outlook from Micron Technology Inc. sent the stock higher…
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Apple just unveiled new sleep and hearing aid tech—here’s what to know
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During its much-anticipated “Glowtime” event, Apple unveiled new products, including the latest iPhone, Apple Watch, and AirPods. But what the tech giant showed off was a renewed focus on health, boasting two “innovative” features in the new Apple Watch and AirPods Pro 2: sleep apnea detection and hearing aid features.…
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US committed to Bangladesh’s economic growth, to give $202 million more in aid By Reuters
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Written by Roma Paul DHAKA (Reuters) – The United States is committed to supporting inclusive economic growth, institution building and development in Bangladesh and will provide an additional $202 million in aid, a U.S. mission said on Sunday during a visit to Dhaka. The six-member delegation, led by Treasury Under…
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US pharmacy chain Rite Aid to operate as a private company as it emerges from bankruptcy By Reuters
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(Reuters) – U.S. drugstore chain Rite Aid said on Tuesday it will operate as a private company after successfully completing its financial restructuring and emerging from Chapter 11 bankruptcy. The pharmacy used its bankruptcy to close hundreds of stores, sell its Elixir pharmaceutical benefits business, and negotiate settlements with its…
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Aid struggles to reach survivors as Sudan dam collapse, floods wreak havoc By Reuters
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Written by Tayeb Siddiq ARBAT, Sudan (Reuters) – Emergency teams were racing against time on Tuesday to find out how many people were missing after a dam in eastern Sudan burst its banks, unleashing the worst flooding to devastate a country already ravaged by 500 days of war. The collapse…
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UAE Shows Regional Diplomatic Sway With Gaza Aid, Ties to Israel
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Breadcrumbs Path Links PMN Business A piece of Abu Dhabi has arrived in El Arish, a small town in North Sinai about 50 kilometers from Gaza. Once rarely visited by outsiders, this coastal spot is now teeming with Emirati volunteers in cargo pants and beige vests emblazoned with the UAE…
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OrCam to halt developing visual aid devices
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Israeli company OrcamABC, a company that develops devices to help people with visual and hearing impairments, is to stop developing its flagship visual aid product. The company was founded by Mobily International Company MBLY (NASDAQ: MBLY) founders Amnon Shashua and Ziv Aviram will focus on developing devices for the hearing…
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Rite Aid defeats MedImpact in $200 million Elixir sale dispute By Reuters
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Written by Dietrich Knuth NEW YORK (Reuters) – MedImpact’s attempt to recover about $200 million in connection with its purchase of Rite Aid’s (NYSE:) pharmacy benefits unit failed after a judge ruled on Monday that it assumed Elixir’s debt when it bought the company. U.S. Bankruptcy Judge Michael Kaplan, at…
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JLR Invests £1M to Aid Police in Combating Car Thefts
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Jaguar Land Rover (JLR) has announced a £1 million investment to help UK police combat vehicle theft. This funding will strengthen police operations at theft sites and support intelligence gathering efforts. The initiative comes after Adrian Mardell, CEO of Jaguar Land Rover, strongly denied claims that Range Rovers are particularly…