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China’s consumer prices fall fastest in 3 years, factory-gate deflation deepens

China’s consumer prices fall fastest in 3 years, factory-gate deflation deepens

© Reuters. FILE PHOTO: People walk along Nanjing Pedestrian Road, a main shopping area, ahead of the National Day holiday, in Shanghai, China September 26, 2023. REUTERS/Aly Song/File Photo BEIJING (Reuters) -China’s consumer prices fell the fastest in three years in November while factory-gate deflation deepened, indicating rising deflationary pressures as weak domestic demand casts…

Exclusive-Biden administration presses Congress to approve tank shells for Israel’s war in Gaza -sources

Exclusive-Biden administration presses Congress to approve tank shells for Israel’s war in Gaza -sources

© Reuters. An Israeli soldier looks on from a Merkava tank while operating in a location given as Gaza, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in this handout picture released on December 7, 2023. Israel Defense Forces/Han By Humeyra Pamuk WASHINGTON (Reuters) -The Biden administration has asked Congress to…

Major donor calls on UPenn president to resign for disastrous testimony on antisemitism, threatening $100 million gift

Major donor calls on UPenn president to resign for disastrous testimony on antisemitism, threatening $100 million gift

The walls appear to be caving in on the University of Pennsylvania’s president, Liz Magill, who faces scathing criticism over her performance at a House hearing earlier this week.Prominent donor Ross Stevens threatened to claw back a $100 million donation. The university’s board of trustees held an emergency meeting Thursday. And the powerful Wharton Board…