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Boehly and Walter sell Chelsea stakes to...

Boehly and Walter sell Chelsea stakes to Clearlake

Boehly and Walter sell Chelsea stakes to Clearlake **Clearlake Capital Assumes Sole Ownership of Chelsea Football Club in Significant Transaction** In a pivotal development for one of English football’s most storied clubs, Clearlake Capital has finalized its acquisition of full control over... read more »

Carrick 'not bothered' by pres...

Carrick 'not bothered' by pressure – but should he be after...

Carrick 'not bothered' by pressure – but should he be after this latest mess? ### Carrick Remains Defiant Amidst EFL Cup Disappointment **Manchester United’s interim manager, Michael Carrick, has publicly stated that he is not feeling the weight of pressure following the... read more »

Washington - While it is widely believed that money can not buy love, a new study has suggested that it can buy you happiness but only up to a ‘sweet spot’ of 36,000 dollars GDP per person. A new analysis led by economists Eugenio Proto in the Centre for Competitive Advantage in the Global Economy at the University of Warwick and Aldo Rustichini, from University of MInnesota found that as expected, for the poorest countries life satisfaction rises as a country’s wealth increases as people are able to meet their basic needs. However, the new surprise finding is that once income reaches a certain level – around 36,000 dollars, adjusted for Purchasing Power Parity (PPP) - life satisfaction levels peaks, after which it appears to dip slightly in the very rich countries. The researchers found suggestive evidence that this happiness dip in the wealthiest countries is because more money creates higher aspirations, leading to disappointment and a drop in life satisfaction if those aspirations are not met. The study was published in journal PLOS ONE.
Analysis: How Trump could reignite the F...

Analysis: How Trump could reignite the Fed independence fight after Warsh&#...

Analysis: How Trump could reignite the Fed independence fight after Warsh's rate hike ### Fed Stands Firm on Rate Hike Amidst Presidential Pressure The Federal Reserve has once again demonstrated its commitment to monetary policy independence, unanimously approving a quarter-point interest... read more »

Donald Trump
Trump demands 1% or lower interest rate ...

Trump demands 1% or lower interest rate after first Fed hike since 2023

Trump demands 1% or lower interest rate after first Fed hike since 2023 ### Federal Reserve Faces Presidential Pressure on Interest Rates **Washington D.C.** – In a move that underscores the persistent tension between the White House and the Federal Reserve, President Donald Trump has reiterated... read more »

Oil falls as U.S. crude inventories reportedly rise, traders weigh Saudi pipeline closure

Oil falls as U.S. crude inventories reportedly rise, traders weigh Saudi pipeline closure **Crude Prices Dip Amidst Shifting Inventory Dynamics and Geopolitical Tensions** **Wednesday,... read more »

Israel attacks Gaza Again

Attacks on Saudi oil expose Iraqi PMs struggle to control armed factions

Attacks on Saudi oil expose Iraqi PMs struggle to control armed factions **Iraqi Premier Faces Mounting Pressure as Oil Infrastructure Undergoes Sabotage** Baghdad, Iraq – The recent... read more »

Israel

Israel started an anti-Qatar campaign, then scrapped it

Israel started an anti-Qatar campaign, then scrapped it **Israel’s Shifting Stance: Diplomatic Offensive Against Qatar Abruptly Halted** In the immediate aftermath of the October 7th... read more »

DRC-Rwanda: Can Geneva talks break the cycle of war in eastern Congo?

DRC-Rwanda: Can Geneva talks break the cycle of war in eastern Congo? **Geneva Summit Aims to De-escalate Eastern Congo Conflict** **Kinshasa/Kigali –** A high-stakes diplomatic summit... read more »

Saudi Arabia cancels oil to Europe over East-West pipeline blast

Saudi Arabia cancels oil to Europe over East-West pipeline blast ### **Disruptions in Red Sea Oil Exports Force Saudi Arabia to Reallocate Shipments to Europe** **Riyadh, Saudi Arabia** – Saudi... read more »