TRANSATLANTIC CONCERT
ECB jumps ahead of Fed, cuts interest rate by 25 bps for first time since 2019
ECB raises inflation forecast for 2024, 2025. Analysts say the quarter-point cut on Thursday would likely not usher in a swift series of further cuts as the bank waits to make sure inflation is under control while easing credit to help the economy. While inflation at an annual rate of 2.6% in May is well down from the peak of 10.6% in October 2022, the decline has slowed in recent months and inflation even ticked up slighly from 2.4% in April.
Taylor Swift fans boosts travel demand in Europe
For instance, the demand for flights to Stockholm during May 17-19, coinciding with Taylor Swift's performance dates, has increased six-fold compared to the same period last year, according to eDreams.
Live Aid's iconic legacy takes center stage in London's musical extravaganza
The Old Vic Theatre in London has announced that a stage musical inspired by the historic Live Aid concert will premiere in early 2024. The musical, titled "Just For One Day," will feature the songs of renowned artists who performed at Live Aid, including Bob Dylan, David Bowie, Queen, and Paul McCartney. The theatre has secured the necessary permissions from the Band Aid Charitable Trust, which will receive a percentage of the proceeds from ticket sales.
Madonna's Celebration World Tour set to begin in UK after health scare, check new dates
Fans of Madonna now have a date, as the legendary Queen of Pop has unveiled the new schedule for her eagerly awaited Celebration world tour in London.
Italian opera singer Andrea Bocelli sues air charter firm over noisy jet, seeks refund of $569K he paid for 15 flights
The suit says the company apologized for the incorrect aircraft and the crew's mistake.
Chinese Communist Party more assertive, demanding & confrontational: US-Europe report
This report summarizes changing U.S. and European views of, and relations with, China. It is the outgrowth of a symposium convened in Berlin, Germany in February 2020, co-organized by Bertelsmann Stiftung, the Center on U.S.-China Relations at Asia Society, and the China Policy Program at George Washington University.
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Why India's Pakistan policy needs a rethink
From Washington through European capitals to Moscow, Beijing and Tokyo, the world is taking a more relaxed view of Pakistan. At the same time, the view about India is taking a beating. Apart from major powers and the developed economies, almost all of India’s neighbours are also willing to carry on business as usual with Pakistan. Why?
Prime Minister's US Visit: What awaits Narendra Modi
Experts feel India needs to prove to the US that it’s ready to take equal responsibility on global issues, not just seek avenues to boost trade ties.
G-20: Rearranging chairs on the deck while the Titanic is sinking
G-20 Summit in London on April 2, 2009, which brought together leaders of 19 nations accounting for 90% of the world’s economic output, 80% of world trade and two-thirds of the global population was a momentous event.
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