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Federal Reserve officials were at odds during their October meeting over cutting interest rates, divided over whether a stalling labor market or stubborn inflation were bigger economic threats, minutes released Wednesday showed.While the Federal Open Market Committee approved a cut at the meeting, the path forward looks less certain. Disagreements stretched into the outlook for December, with officials expressing skepticism about the need for an additional reduction that markets had been widely anticipating, with “many” saying that no more cuts are needed at least in 2025.”Several participants assessed that a further lowering of the target range for the federal funds…
Five years ago, Carly Valancy challenged herself to contact 100 new people in 100 days, inspired by the book “Reach Out” by Molly Beck.The challenge brought her “incredible opportunities” in her career, from new jobs to mentor relationships, says Valancy, the co-founder of growth consultancy Momentum Growth.Valancy, 30, is repeating the 100-day challenge this year and sharing her skills through her networking strategy collective Reach Out Party. Her goal is to make the process of building new connections less intimidating, she says.”Reaching out has such a compounding effect, and the more that you do it, the better that you get…
Kraken is one of the world’s largest crypto exchanges.Tiffany Hagler-Geard | Bloomberg via Getty ImagesKraken confidentially filed to go public in the U.S., a person familiar with the matter told CNBC on Wednesday. A Kraken spokesperson declined to comment on the timing of its plans. Kraken is the latest crypto company to attempt to tap the public market since President Donald Trump came back to the White House. Crypto trading platforms Bullish and Gemini Space Station listed their shares on major stock exchanges in August and September, respectively. And in June, stablecoin issuer Circle raised just north of $1 billion…
KUWAIT: Omani Ambassador to Kuwait Dr Saleh Amer Al-Kharusi affirmed that the strategic partnership between Oman and Kuwait is witnessing steady and multifaceted growth, underscoring the strength of historical ties and the commitment of both leaderships to deepen cooperation across various sectors.Speaking at a press conference on the occasion of Oman’s National Day, the ambassador described the joint refinery project as a central pillar of bilateral cooperation, alongside ongoing efforts to establish a major petrochemical complex, noting that investments in the Duqm Economic Zone, one of the largest in the Middle East, have reached approximately $9 billion from both sides,…
The international break was looming at Eintracht Frankfurt with a fairly drab goalless draw against Mainz beckoning. When Ritsu Doan got on the ball in the 80th minute and proceeded to slalom his way past two defenders before dispatching the winner with his preferred left foot, there was an understandable outpouring of joy and relief in the nearby Nordwestkurve, the loudest part of the stadium.The Mainz game was the very definition of an Arbeitssieg (a win requiring a lot of toil). Indeed, the first half offered little inspiration from either side, and Eintracht’s sporting CEO Markus Krösche later described it…
Minister highlights Kuwait’s cultural leadership • Exhibition showcases over 270,000 book titles KUWAIT: Minister of Information and Culture and Minister of State for Youth Affairs, Abdulrahman Al-Mutairi, inaugurated the 48th Kuwait International Book Fair on Wednesday on behalf of His Highness the Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah. The minister highlighted the event’s status as one of Kuwait’s most prominent cultural gatherings and a leading international platform in the publishing sector, noting that this year’s edition features 33 countries, 433 pavilions, and around 611 publishers and exhibitors.Minister Al-Mutairi said the increase in participating countries from 30 to 33 reflects…
Justice Ministry launches new digital services; Instant overseas treatment decision service via Sahel KUWAIT: The Ministry of Interior confirmed on Tuesday that the ‘Status Adjustment’ is now available through the unified government e-services platform, Sahel, allowing individuals whose citizenship was revoked under Article (5) and their dependents to submit the necessary documentation for status adjustment. In a press statement, the Ministry explained that applicants can access the service by navigating to Ministry of Interior Services in Sahel and selecting Article (5) Affairs Services – Status Adjustment. Applicants who have obtained a passport from their country of origin should choose the…
KUWAIT: The Embassy of the Republic of Tajikistan in Kuwait hosted a ceremony on Tuesday to mark the 34th anniversary of Tajikistan’s National Independence Day, with senior Kuwaiti officials and heads of diplomatic missions. In his opening remarks, Ambassador of Tajikistan to Kuwait and Dean of the Diplomatic Corps, Zubaydullo Zubaydov, highlighted Kuwait’s longstanding support, noting that it was among the first countries to recognize Tajikistan’s independence.He stated “Diplomatic relations between the two countries were formally established on March 31, 1995, and this year marks the 30th anniversary of that partnership,” noting that the bilateral relations have steadily grown over…
KUWAIT: The Kuwait Institute for Scientific Research (KISR) announced on Wednesday the successful completion of its inaugural oceanographic expedition aboard the research vessel “Al-Mustakshif” (Explorer), conducted last October. The mission contributed to establishing a comprehensive reference database for Kuwait’s marine environment. Dr Turki Al-Saeed, Director of KISR’s Coastal and Marine Resources Management Program, described the ALM001 expedition as a historic achievement in Kuwait’s marine research. He noted that the mission was made possible through the collaboration of four scientific projects supported by the Kuwait Foundation for the Advancement of Sciences (KFAS).“The expedition represents a major step in enhancing national marine…
KUWAIT: The MILSET Asia office organized a field visit for students participating in the 19th Kuwaiti-French Exhibition, titled “Science in Service of Our Marine Environment”, scheduled for early December, to the Marine Science Center at the College of Science, Kuwait University. The initiative was carried out in cooperation with the General Directorate of Science at the Ministry of Education. In a press statement on Wednesday, the MILSET office said the visit welcomed more than 90 students, both male and female, from 27 schools.The program featured a series of scientific and awareness-raising activities designed to enhance students’ understanding of marine environmental…