The Israeli military killed at least 52,615 Gazans and at least 118,752 have been injured since the start of the genocide after the Hamas attack on 7 October 2023. Health officials in Gaza say 11,000 people are missing.
Tag: may 6 2025
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U.S., UKRAINE SIGN MINERALS AGREEMENT
On 30 April, the U.S. and Ukraine closed an agreement giving the U.S. access to Ukraine’s mineral resources.
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BIG OIL FACES A THIRD YEAR OF LOWERED PROFITS
After falling from 2022 through 2024, oil majors’ revenues and profits are poised to mark a third 12-month period of disappointment.
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EUROZONE ECONOMY PERKS UP IN FIRST QUARTER
The collective economy of the 20-nation Eurozone grew by 0.4 percent in this year’s first three months, doubling the pace of growth reached during 2024’s final quarter. If the quarter-on-quarter pace sustains throughout the year, the area’s GDP will grow by 1.4 percent, The Wall Street Journal said.
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IBM PLANS TO INVEST $150 BILLION IN U.S. BY 2030
IBM will invest $150 billion in its U.S. computer production facilities by the end of this decade, the company announced last week.
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BURGER CHAINS’ FIRST-QUARTER RESULTS: NOT A HAPPY MEAL
McDonald’s sales dropped 3.6 percent year over year in 2025’s first quarter, marking the biggest annual decline since the onset of the COVID War early in 2020, the company said. Net income was off by 3 percent.
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MORE AMERICANS ARE GLUM ABOUT THEIR ABILITY TO SAVE
A new survey has found that 67 percent of Americans are failing to reach their savings goals and 47 percent now believe they never will. The survey of 2,000 adults across all generations was commissioned by Current, an online financial services app.
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BLOCKCHAIN BATTLES
Democrats who formerly backed a major crypto legislative bill that included positive regulations to further dollar backed stablecoins are now stalling the measure in Congress.
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TRUMP’S FIRST 100 DAYS WORST SUCH PERIOD FOR STOCK MARKET IN 50 YEARS
The Standard & Poor’s 500 index of leading U.S. stocks lost 7.7 percent of its value during Donald Trump’s first 100 days in office, the worst outcome for any president’s first three months since Gerald Ford came to the White House in 1974, the Financial Times has calculated.
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U.S. MANUFACTURING CONTRACTS FURTHER IN APRIL
Last month, U.S. factories continued to cut back their output, reflecting a trend to thrift among consumers and worries over the impact of Donald Trump’s global trade war.