PMA

Egypt's Inflation Rate Shows Signs of Easing After Three-Month Surge

13 days ago

In a noteworthy shift in the economic landscape, Egypt's inflation rate has decreased for the first time in three months, providing a glimmer of hope for both consumers and policymakers. The decline is attributed to various factors, including government efforts aimed at stabilizing prices amidst a backdrop of economic challenges.

Beloved Screenwriter Marshall Brickman, Co-creator of "Annie Hall," Passes Away at 85

21 days ago

In a solemn development for the world of cinema, acclaimed screenwriter Marshall Brickman has died at the age of 85. Brickman, renowned for his collaborative work with iconic filmmaker Woody Allen, was a principal force behind the classic romantic comedy "Annie Hall," which not only garnered critical acclaim but also became a touchstone for contemporary filmmaking.

ECB's Makhlouf Predicts Interest Rate Decline, Emphasizes Cautious Approach

28 days ago

In recent comments, Philip Makhlouf, a prominent member of the European Central Bank (ECB), has indicated that a reduction in interest rates is on the horizon, but warned of the need for a measured pace in implementing such changes. His insights come amid ongoing discussions concerning the future direction of monetary policy in the Eurozone, which is grappling with inflationary pressures and economic uncertainty.

U.S. Dockworkers Suspend Negotiations Again Amid Automation Concerns

1 month ago

In a recent development that has sent shockwaves through the shipping and logistics sectors, U.S. dockworkers have chosen to call off negotiations once again over critical labor issues, primarily due to the contentious topic of automation. The ongoing dialogue with employers has become increasingly fraught, with both sides struggling to find common ground as the industry faces rapid technological advances.

Impending January Port Strike: How Supply Chains Might Be Affected

1 month ago

As the New Year approaches, the possibility of a strike at crucial US ports looms large. This potential work stoppage, scheduled to kick off in January, could considerably disrupt supply chains already under strain. The International Longshore and Warehouse Union (ILWU) has issued a notice signaling the strong potential for labor action at several major ports, including those on the West Coast.

Japan's Semiconductor Ambitions Stumble as Key Advocate Loses Election

2 months ago

In a significant setback for Japan's semiconductor sector, the recent electoral defeat of a prominent proponent of the industry, Taro Kono, has raised concerns about the future of the nation's ambitious chip-making initiatives. Kono, known for his pivotal role in shaping Japan's semiconductor strategy, lost his seat in the House of Representatives, leading to questions about the continuity of support for the country’s efforts to revitalize its chip manufacturing capabilities.

Hurricane Halts Quartz Mines Vital for Chipmaking and Solar

3 months ago

A powerful hurricane has devastated critical quartz mining in Brazil, blowing apart supply chains of semiconductors and solar industries. The strong storm-squall, called Hurricane Octavia, cut across the regions where huge deposits of one of the most important minerals were mined for hi-tech manufacturing.