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Inflation worries continue for US Fed, no policy rate cut for sixth time

Inflation worries continue for US Fed, no policy rate cut for sixth time

by AIP Online Bureau | May 1, 2024 | Eco/Invest/Demography, International News, Policy

Fed Chair Jerome Powell Indeed, Fed Chair Jerome Powell said it was likely to take longer than previously expected for Fed officials to gain the “greater confidence” needed for them to kick off interest rate cuts Washington: The U.S. Federal Reserve held...

Gender differences in mortality outcomes from fatal and non-fatal events in 2021: Lancet Study

by AIP Online Bureau | May 1, 2024 | Data, Eco/Invest/Demography, Health

Women around the world were also found to be disproportionately impacted by mental health conditions. Life years lost to depressive disorders were found to be over a third higher among women than men. The widest sex-based gaps affecting women were observed in...

Parts of India record hottest April as heatwave kills nine

by AIP Online Bureau | May 1, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

“The mean temperature in eastern India was 28.12 Celsius (82.61 Fahrenheit) in April, the warmest since records began in 1901, with experts blaming a combination of factors. “In an El Nino year, you get more heating,” said Mrutyunjay Mohapatra, chief...

Bermuda insurer credit profiles supported by BMA regulatory reforms: Fitch

by AIP Online Bureau | May 1, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Regulation, Reinsurance

The Bermuda life insurance market has grown rapidly. Assets increased to $1.1 billion as of YE2022 from $496 million in 2018, and the number of life insurance licenses increased 10% over the same period to 180. This growth has been driven by its economic-based regime,...
Walmart to shut all health clinics in US over lack of profitability

Walmart to shut all health clinics in US over lack of profitability

by AIP Online Bureau | May 1, 2024 | Eco/Invest/Demography, Health, International News

“Healthcare is expensive to run. We were finding that the increased labor and operating costs environment, like with reimbursement, both public and private, made it difficult (to run the business) and obvious we had to close,” Walmart spokeswoman Marilee...
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