Dear Express Explained reader, The national drug regulator has cleared Serum Institute of India’s Cervavac, the country’s first quadrivalent human papillomavirus vaccine (qHPV) vaccine. It’s an important development — providing what could be a real opportunity to eliminate cervical cancer (which is preventable but is still estimated to kill a woman every 8 minutes) in...Read More
The S&P 500 bank index has fallen almost 25 per cent so far this year compared with a drop of roughly 19 per cent for the benchmark S&P 500. Investors will get more insight into the health of the sector when the country’s largest banks start reporting their second quarter earnings.
Fed rate hike Lenders...Read More
Optimism abounded as 2019 drew to a close. If the 2010s had been a lost decade of weak growth and stagnating living standards then the years to come were going to be much better. The talk was of a new Roaring Twenties, a repeat of the decade that followed the first world war. There were...Read More
The Indian economy has shown resilience amid fears of recession and war across the global landscape, the RBI (Reserve Bank of India) said on Saturday. Counting monsoon revival, pick-up in manufacturing and services, and stabilisation of inflation pressures among some of the factors that have contributed, the central bank underlined the brightened outlook and conditions...Read More
Can Twitter force Elon Musk to buy the platform? Elon Musk offered to buy Twitter lock, stock and barrel for $44 billion this spring. But while the summer heats up the CEO of Tesla has gotten cold feet and said he’s backing out of the agreement, putting him on the hook for a $1 billion break-up penalty. Twitter,...Read More
The Federal Reserve “lost its way” last year as inflation gripped American households and still isn’t being realistic about the impact it will have on the economy, ex-Treasury Secretary Larry Summers warned on Friday. Summers, who was far ahead of the Fed in predicting price surges over the last year, stepped up his criticism of...Read More
But all that changed on July 9, when protesters stormed in and took control, demanding the resignation of President Gotabaya Rajapaksa before turning the palace upside down. “That was the home of the most powerful man in the country,” said Sri Lankan author and analyst Asanga Abeyagoonasekera. “It had never been opened to the public.”...Read More
HOUSTON – After a lull because of COVID-19, Houston’s very own Comicpalooza is back and bigger than last year! The nearly 50, 000 people who are expected to fill the George R Brown convention center this weekend are in for much more than comics, they’re also helping to recharge Houston’s economy. While Comicpalooza looks to...Read More
The Pakistani Rupee has recorded a drop in its value against the US Dollar as the greenback closed at Rs210.95 in the interbank market. According to the State Bank of Pakistan (SBP), the dollar gained 0.55 percent against the Pakistani rupee on Friday, before closing at Rs210.95. – Advertisement – On Thursday, the rupee had...Read More
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