Thousands of Indians flocked to a recruitment center on Thursday for jobs that would take them to Israel despite the three-month Israeli-Hamas war that is devastating Gaza and threatening to ignite the wider Middle East.
Many among the crowd of men, mostly skilled construction workers and laborers, said they would take their chances in a country embroiled in war as they are struggling to find jobs in India, where unemployment remains high despite a swelling economy.
Full StoryGaza’s Health Ministry says Israeli fire has hit a crowd of people waiting for humanitarian aid at a roundabout in Gaza City on Thursday, killing at least 20.
Health Ministry spokesperson Ashraf al-Qidra says another 150 people were wounded in the attack and that the death toll is likely to rise as dozens of seriously wounded people were brought to the city’s Shifa Hospital.
Full StoryTurkey's central bank raised its key interest rate by another 2.5 percentage points on Thursday, pressing ahead with a series of hikes aimed at combating inflation that reached nearly 65% in December.
The bank brought its benchmark rate to 45%. It's the eighth interest rate hike since President Recep Tayyip Erdogan has abandoned his unconventional economic policies that economists say helped trigger a currency crisis and drove up the cost of living. Many households were left struggling to afford basic goods.
Full StoryThe European Central Bank left its key interest rate untouched at a record-high 4% on Thursday, keeping credit expensive for businesses and consumers as it tries to make sure inflation is firmly under control before cutting borrowing costs — a move expected later this year.
The question is, how much later this year. Financial markets are expecting a rate cut as early as April, while ECB President Christine Lagarde has indicated it likely would happen this summer.
Full StoryU.S. economic growth was stronger than expected in the final months of 2023, government data showed Thursday, capping a resilient year as President Joe Biden's reelection campaign picks up pace.
The world's biggest economy expanded 3.3 percent in the fourth quarter, boosted by a resilient jobs market and consumer spending, bringing full-year growth to 2.5 percent, said the Commerce Department.
Full StoryA liquor store has opened in Saudi Arabia for the first time in over 70 years, a diplomat reported, a further socially liberalizing step in the once-ultraconservative kingdom that is home to the holiest sites in Islam.
While restricted to non-Muslim diplomats, the store in Riyadh comes as Saudi Arabia's assertive Crown Prince Mohammed bin Salman aims to make the kingdom a tourism and business destination as part of ambitious plans to slowly wean its economy away from crude oil.
Full StoryAs the Paris spring couture shows entered their third day, Jennifer Lopez ensured that the power of runway designs was matched by the power of a VIP audience. The singer and actress energized the Palais de Tokyo, arriving at the last minute for Elie Saab's show amid pandemonium. She and other fashion insiders witnessed a silken display of the Lebanese designer's work evoking the complexity of North African medinas.
Haute couture — the Paris fashion industry's ideas factory — is the age-old tradition of producing exorbitantly priced, made-to-measure garments for the world's richest women.
Full StoryEfforts to reach a new cease-fire between Israel and Hamas appear to be gaining steam.
Egyptian and U.S. officials confirmed this week that they are actively pursuing ways to halt a war that has raged for over 110 days. An Egyptian official said that Israel has presented a proposal for a pause in fighting, while the White House said it dispatched a senior envoy to the region for consultations with Egypt and Qatar.
Full StoryThe United Nations' top court will issue a decision Friday on South Africa's request for interim orders in a genocide case against Israel, including that Israel halt its offensive in Gaza.
The decision is a preliminary stage of a case filed by South Africa at the International Court of Justice alleging that Israel's military action in its war with Hamas in Gaza amounts to genocide. Israel strongly rejects the accusation and has asked the court to throw out the case.
Full StoryOne of the five children who were hospitalized in Cyprus after being rescued from a rickety boat along with 55 other Syrian migrants has died, an official said Thursday.
The migrants, who were rescued early Wednesday by Cyprus police, apparently ran out of food and water after sailing on the boat from Lebanon for six days, officials said.
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