2023-12-12 10:26:19
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#Princess #Wales #Children #Volunteer #Baby #Bank #Morning #Morning
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German Investor Sentiment Improves: ZEW Data Shows Growing Expectations for ECB Interest Rate Cuts
written by Alexandra Hartman Editor-in-Chief
2023-12-12 11:26:10
German investor sentiment improved in December, economic research institute ZEW said on Tuesday, as expectations grew for an interest rate cut by the European Central Bank in the medium term.
The institute reported an increase in its economic climate index to 12.8 points in December, compared to 9.8 points in November, exceeding the expectations of analysts polled by Archyde.com who expected a slight drop to 8.8 points.
December marks the fifth consecutive month of increases in the expectations index, suggesting that respondents expect the economic situation in Germany to improve over the next six months.
The assessment of the current situation in Germany also increased slightly in December, from -79.8 in the previous month to -77.1.
“Despite the current budget crisis, the assessment of the situation and economic expectations for Germany have improved slightly once more,” said ZEW President Achim Wambach.
“This is because the share of respondents who expect interest rate cuts by the ECB in the medium term has doubled,” added Wambach.
The construction industry was significantly more optimistic in its expectations this month, Wambach said.
ECB board member Isabel Schnabel, widely seen as a hawk, told Archyde.com last week that the bank might no longer consider further hikes and that policymakers should not expect rates stable until mid-2024.
Analysts said the ZEW survey results reinforced signs of a slight improvement in the German economy, albeit at a low level.
“Regardless of whether the upward trend continues, however, the emerging driving forces are still very weak and fragile,” said Elmar Voelker, analyst at LBBW.
Mr. Voelker stressed that the current low valuation index indicated a high degree of economic pessimism in the short term.
“Nevertheless, with today’s data, there is a good chance that the Ifo business climate for December will once more be slightly upwards,” Voelker added.
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#German #investor #morale #improves #December #ECB #expectations #ZEW #December #p.m
Egypt’s 2024 Presidential Election: Mustafa Younes and the Voting Process
written by Alexandra Hartman Editor-in-Chief
2023-12-12 10:39:00
Written by Hossam Al-Hajj Tuesday, December 12, 2023 12:39 PM Mustafa Younes, the former Al-Ahly star, cast his vote in Presidential election 2024, accompanied by his children at Al-Tabari School in Al-Nuzha.
The voting process in the 2024 presidential elections began the day before yesterday, Sunday, following the end of the electoral silence period and the cessation of electoral propaganda for candidates in the presidential elections.
The 2024 presidential elections are the fifth multi-party presidential elections that the country has witnessed in its modern history. The 2024 elections gain their additional importance from being a major step in the country’s path towards democratic transformation, party pluralism and political competitiveness, which came following a year and a half of serious and unprecedented national dialogue, which included all components Egyptian political, union and civil society.
The list of candidates in the presidential elections includes: presidential candidate Abdel Fattah El-Sisi, symbol of the star, presidential candidate Farid Zahran, head of the Egyptian Democratic Party, symbol of the sun, presidential candidate Abdel-Sanad Yamama, head of the Wafd Party, symbol of the palm tree, and presidential candidate Hazem Omar, symbol of peace.
The 2024 presidential elections will be held in Egypt according to the schedule set by the National Elections Authority on December 10, 11, and 12, with voting starting from nine in the morning until nine in the evening. December 13 has been set for the end of the counting process, sending the records to the general committees, and announcing the results on December 18.
Mustafa Younis and his sons
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#Mustafa #Younes #casts #vote #presidential #elections #accompanied #children. #Photo
The Mysterious Cities Emerging from Extinction: Exploring Shicheng and Lost Civilizations
written by Alexandra Hartman Editor-in-Chief
2023-12-12 12:05:55
Countless islands and small cities once existed on Earth that no longer exist and are no longer part of the world map. They may have been submerged or destroyed by natural calamities. But it is reported that a city of this kind has emerged from under the lake in China following many years.
Rising from the lake was the city of Shicheng, known as the Atlantis of the East. There are many areas on earth which were once standing on earth but were destroyed due to natural disasters or other, or went under the sea. Historical researchers are still trying to locate some of these sites. We also see news of the discovery of ruins of ancient lost cities. A city thought to be lost has re-emerged in China. About 64 years ago, Shicheng drowned in the lake. This area, which was also a residential area in the past, suddenly came up one day, surprising everyone. It is also a wonder that many of the structures that stood in the area are still standing.
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According to the report, the water in which this area was submerged was fresh water and the city’s structures remained unscathed due to the fact that they were not exposed to sunlight and oxygen due to being submerged. The main attraction of Shicheng is the carvings of 1777. Statues of lions, dragons and phoenix are also present here. This place was first opened to visitors in 2017.
Dwarka is another city that is believed to be submerged in such a way according to Hindu mythology. Several researchers have also pointed to evidence suggesting that Dwarka stood.
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#time #Chinas #ancient #city #emerged #lake #years