Here’s what the economy could look like with a Biden or Trump presidency

Here's what the economy could look like with a Biden or Trump presidency

The text discusses the potential impact of a Biden or Trump presidency on the US economy. The analysis covers eight major economic categories, including domestic manufacturing, higher education, healthcare, housing, labor, taxes, tariffs, and trade. Biden and Trump have different plans and approaches to these economic categories based on their past records as president and their campaign promises. Biden focuses on issues like lowering prescription drug costs, investing in the future, supporting workers and small businesses, and ensuring fair taxation. Trump, on the other hand, has proposed plans such as protecting American car manufacturers, imposing tariffs on foreign-made cars, and focusing on fossil fuels. The text also highlights the differences in their views on student loan debt, healthcare, housing costs, labor unions, taxes, tariffs, and trade policies.

US anchors aid pier to Gaza beach but distribution plans uncertain

US anchors aid pier to Gaza beach but distribution plans uncertain

The United States has anchored a temporary floating pier to a beach in Gaza to boost aid deliveries, facing challenges in distributing assistance due to a dire shortage of fuel for aid trucks and security concerns. Trucks carrying humanitarian aid are expected to begin moving ashore soon, but there are still unresolved challenges. The pier project, costing 0 million, aims to combat the humanitarian crisis in Gaza by opening a sea route for aid delivery. Israel and Hamas have been engaged in a seven-month-long war, with the U.N. losing staff members in the conflict. Aid access in Gaza has dwindled, and a severe fuel shortage may impact aid operations. The U.S.-delivered aid will follow a complex path, involving inspections by Israel, third-party collection and distribution by the U.N. officials, and security concerns in the region. Discussions between the U.S. and the U.N. on aid delivery from the pier are ongoing.

US aid pier for Gaza floats into wartime reality

US aid pier for Gaza floats into wartime reality

The United States is working on establishing a floating pier off the coast of the Gaza Strip to improve aid deliveries, facing challenges such as fuel shortages and security concerns. The project has been slow and expensive, with the U.N. emphasizing that land routes remain crucial for aid operations. Aid deliveries via the maritime corridor have begun, with plans for U.S.-delivered aid to be collected by third parties and distributed by the U.N. Israel has been accused of impeding aid deliveries, but denies any constraints on operations.

Hundreds arrested, roads barricaded in New Caledonia as riots continue

Hundreds arrested, roads barricaded in New Caledonia as riots continue

Fact: Armed forces were protecting New Caledonia’s two airports and port after a third night of violent riots that have killed four people.

Rising food costs leave hungry Americans $33 billion behind, report says

Rising food costs leave hungry Americans $33 billion behind, report says

Hungry people in the U.S. faced a .1 billion shortfall in funds for basic food needs in 2022, with nearly half of them not qualifying for aid. This was the highest shortfall in 20 years due to higher food prices. Hunger rose in 2022 amid high food price inflation and the end of federal financial support and expanded food aid programs during the COVID-19 pandemic. Nearly half of food-insecure people may not qualify for the Supplemental Nutrition Assistance Program. Congress has expanded funding for a key nutrition program serving mothers and young children to address the issue.

Dollar extends losing streak ahead of US CPI

Dollar extends losing streak ahead of US CPI

The USDJPY pair dropped to 155.50 in early European trading as the US Dollar continues to weaken. Investors are confident that the Federal Reserve will start reducing interest rates from September. The US Consumer Price Index data for April is awaited to provide insight into the interest rate outlook. Economists expect Japan’s Q1 Gross Domestic Product to show a contraction.

Femme Fest returns for third year

Femme Fest returns for third year

The 3rd Festival for the Promotion of Gender Equality, Femme Fest Cyprus, will take place on 18 and 19 May at the Nicosia Municipal Garden. The festival aims to raise awareness on gender equality, promote discussion of gender issues, and give a platform to women from different sectors to share their stories. The event will include discussions on various topics such as women’s reproductive rights, gender-based violence, and workshops on gender stereotypes. Over 50 organizations will participate, and there will be cultural performances, workshops for children, and food and drinks available. Admission and participation in all activities are free of charge.

We are what we eat: The dangers pesticides pose in the marine environment

We are what we eat: The dangers pesticides pose in the marine environment

Fact: In April 2023, Dr Ime Akanyeti, Dr Beste Oymen, and Enalia Physis Environmental Research Centre started the PestSeaCides project to identify and quantify pesticides in the marine environment of Cyprus.

Almost too many events to choose from this weekend

Almost too many events to choose from this weekend

Fact: Nicosia will host several festivals this Friday, Saturday, and Sunday, including the On Bodies Fest and the 3rd Femme Fest.

PM for no tax hike on food to fight inflation; NBR plans more corporate tax cut

PM for no tax hike on food to fight inflation; NBR plans more corporate tax cut

Fact: Prime Minister Sheikh Hasina directed the National Board of Revenue (NBR) not to increase taxes on food, agro-related items, and fertilizers in the upcoming budget.