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Stocks futures rose Friday morning as Wall Street parsed the stunningly strong September labor report. Joblessness among Hispanic workers and Black workers fell sharply in September, the Labor Department said Friday. “There are many signs that workers and their families are enjoying higher living standards than they were before the pandemic hit,” Elise Gould, senior economist at the Economic Policy Institute, told CNN. All three major indexes are on pace to end the week lower after escalating conflict in the Middle East spooked Wall Street. “All categories of the unemployed — job losers, leavers, new and reentrants — declined last month, and the flows from unemployed to employed last month was the highest since early 2022,” he wrote. Get global perspectives and insights from CEOs on the biggest stories in business. Voters who were concerned about the economy did what they so often do—punish the incumbent party.
Many of these funding avenues are available only to businesses that meet specific compliance and regulatory standards, such as tax compliance and financial record-keeping. For SMEs in Zambia, these requirements remain out of reach for those operating informally, which places them at a disadvantage compared to formal businesses. Southern Province Minister Credo Nanjuwa reported support from traditional leaders for the government’s zoning the sun of the Kafue Flats as a beef zone, aimed at protecting the area from selfish exploitation. Nanjuwa affirmed the Provincial Administration’s collaboration with chiefs to safeguard the region’s resources. “They should consider engaging gulf countries, like the Kenyans where they haveengaged the gulf countries, to supply government directly, maybe by 50 percent. Why is the government not supposed to get a higher 100 percent is because we are coming from a precedent where the government accrued more than enough debt to meet its suppliers.
The union representing more than 30,000 striking workers endorsed the offer and will hold a ballot on Monday. Large parts of Nigeria are experiencing power outages due to problems with the country’s grid. Five years after being ousted from WeWork, Adam Neumann wants to re-buy the now-bankrupt business. The result could have a far-reaching implications for tax and trade policy, as well as economies around the world. November 1, 2024 • Boeing’s machinists union leaders are endorsing the company’s latest contract offer, setting the stage for a vote on Monday that could end the seven-week strike. November 1, 2024 • Harris and Trump look toward undecided voters in Arizona and Nevada as a pathway to the White House.
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In Zambia, SMEs play a critical role in the national economy, contributing to employment creation and income generation. According to the Zambian Ministry of Small and Medium Enterprise Development, SMEs account for a significant percentage of businesses in the country. However, their impact on GDP remains below potential due to barriers like limited access to financial services, poor market linkages, and lack of formalization. Mubanga pointed out that without formalization, SMEs cannot contribute effectively to GDP growth, as they remain unable to tap into markets and financing opportunities. Reiterating the government’s commitment to free education, President Hichilema pointed out that it has facilitated access for millions of children, aligning with the government’s vision for an educated populace. He expressed gratitude to the Zambian people for their resilience amid drought-related challenges and assured continued support to prevent hunger and enhance food security. The President encouraged citizens to remain steadfast and continue farming efforts to bolster the country’s self-sufficiency.
Sundays, they pitch-up in Church spotting designer labels effusing the sweetest fragrances you can find on the market – usually costing an arm and a leg! Instead of preaching the proper gospel that would enable adherents lead better lives now, and in the after life, they spend a huge amount of time accusing believers of disobeying God by regularly failing to give tithes and offering. As per our established protocol, Sundays we try to avoid taking the plunge into the murky world of politics, as much as possible, and confine ourselves to social or religious issues. The Court has granted the Sadhus the right to reply to the amended defence from the Attorney General. Let us stand united, let us be patriotic, and let us give HH the mandate to finish the work he has started.
This initiative has enabled artists to harness their creativity to address essential topics, including sexual and reproductive health, gender equality, and men’s roles in fostering family and community well-being. In 2020, the copper-rich country became the first African nation to default on its debt payments during the Covid pandemic. It was burdened by loans and high interest rates that severely restricted the government’s ability to invest in critical social programmes and infrastructure development, both crucial for economic growth. Zambia’s historical reliance on agriculture makes the current appeal for unity in prayer all the more significant, yet it cannot overshadow the need for actionable solutions. In the face of climate change and its devastating effects on farming, it is essential that prayer be complemented by tangible support for farmers, including access to resources like seeds and fertilizers, as well as the implementation of sustainable practices. Prayer may inspire hope, but it is the commitment to practical solutions that will lead to lasting food security.
The monthly estimates are considered preliminary when first published, because not all respondents report their payroll data in time. Those survey-based estimates are revised twice further and then held constant until the Bureau of Labor Statistics applies its robust “benchmarking” process to square the estimates with quarterly tax filings. Investors are now shifting their attention to key inflation reports due next week. Earnings season also kicks off next week, with big banks including JPMorgan Chase and Wells Fargo set to report quarterly results. That comes after data Friday showed the economy added a whopping 254,000 jobs last month, blowing past economists’ estimates. The gangbusters figure has raised optimism on Wall Street that the economy will achieve a soft landing, or a scenario in which inflation comes down and there’s no recession. •The jobs report has moved back into the spotlight now that the Federal Reserve has all but declared victory on inflation and is focused on keeping the labor market healthy.
Elon Musk’s mother says Europe and Asia love Trump: ‚Just America that may have a problem’
This substantial financial commitment by the Ministry of Finance is part of Zambia’s ongoing effort to support its citizens and foster a sustainable economy. The October disbursements are expected to make a tangible impact across various sectors, benefiting Zambians and strengthening confidence in public services. The distribution of SCT funds is essential for many low-income families who rely on this assistance to manage daily expenses. The Treasury’s allocation underscores the government’s dedication to protecting Zambia’s most vulnerable citizens, particularly as economic challenges continue to impact household incomes. Analysts note that the sustained funding for social benefits is crucial to promoting social stability and supporting the government’s poverty alleviation targets. Another K3.5 billion from the October disbursement was dedicated to transfers and subsidies, with K1.7 billion specifically allocated for the Social Cash Transfer (SCT) program. This initiative is a lifeline for vulnerable households across the country, providing direct financial assistance to support basic needs such as food, healthcare, and education.
Paris is the largest EU stock market in terms of capitalisation, trading and number of listings and Europe’s leading bond market. France leads the asset management industry in continental Europe (ranking second in Europe as a whole), and on this market Paris has an asset management ecosystem unrivalled in Europe. Over 600 specialist companies are established there, and four French firms number among the world’s twenty leading asset managers. Paris has the largest concentration of foreign banks and financial institutions in Europe. The United Nations Educational, Scientific and Cultural Organization (UNESCO) has had its headquarters in Paris since November 1958. Paris is also the home of the Organisation for Economic Co-operation and Development (OECD).323 Paris hosts the headquarters of the European Space Agency, the International Energy Agency, European Securities and Markets Authority and the European Banking Authority.