fragile

French growth seen fragile through 2023, inflation slowing – INSEE

PARIS (Reuters) – The French economy will grow 0.1% in the second quarter of the year, the INSEE statistics agency said, revising down an earlier forecast of 0.2% due to weak household spending and investment. Further out, the euro zone’s second biggest economy is projected to expand by 0.1% in the third quarter and 0.2% in the fourth, making for an annual GDP figure of 0.6%, INSEE said. “Household consumption is expected to weaken in the spring as a result of a further fall in food consumption, before recovering only slightly in the second half of the year”, INSEE said

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OECD hikes growth outlook, but warns recovery fragile

By Leigh Thomas PARIS (Reuters) – The global economic outlook has improved from a few months ago as the inflation shock eases but rising interest rates will keep risks high, the OECD said on Friday, hiking its growth forecasts for major economies. After growth last year of 3.2%, the world economy is on course to expand 2.6% as central bank tightening takes full effect, the Organisation for Economic Cooperation and Development said in its interim economic outlook. The Paris-based organisation raised its forecast for global growth from 2.2% in its last Economic Outlook in November, citing a decline in energy

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‘Glass Jaw, Fragile Ego’: MSNBC Panel Echoes Trump In Attacking DeSantis

‘Glass Jaw, Fragile Ego’: MSNBC Panel Echoes Trump In Attacking DeSantis Harold Hutchison on November 11, 2022 A panel on MSNBC echoed former President Donald Trump’s attack on Republican Gov. Ron DeSantis of Florida Friday, saying the governor did owe his rise to the former president. Trump went after DeSantis in a Thursday statement posted to Truth Social, calling him an “average” governor with “great Public Relations” who was “politically dead” prior to receiving Trump’s endorsement for governor in the 2018 Republican primary. DeSantis won the 2018 primary over Adam Putnam by 20% and barely defeated Democratic Mayor Andrew Gillum of Tallahassee by 0.41% in the 2018 general

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Ryanair CEO says recovery remains fragile, risks remain

LONDON (Reuters) – Ryanair is continuing to experience a very strong recovery but it remains fragile and could be knocked off course by external developments, Group Chief Executive Michael O’Leary said on Tuesday. “While our recovery and growth is very strong, it is still very fragile and is prone to falling over in the case of adverse outside developments,” Group Chief Executive Michael O’Leary told a news conference in London. It “looks like we are on track” to report an average of 4% empty seats per flight for the month of August, the same level as July, he said. (Reporting

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AfDB seeks to increase concessional funding to fragile African economies

By Ahmed Eljechtimi MARRAKECH, Morocco – The African Development Bank (AfDB) is seeking additional capital for its fund offering infrastructure finance at cheap rates to low-income and fragile African economies, the bank’s president said on Wednesday. The bank is negotiating with donors to replenish its African Development Fund (ADF), a process that takes place every three years, President Akinwumi Adesina told Reuters. In parallel, the bank also wants to raise up to $13 billion specifically to help poor African countries with climate finance, he said. It is also considering using $25 billion of ADF equity to leverage up to $33

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Japan’s factory output growth provides some relief for fragile economy

By Daniel Leussink TOKYO -Japanese factories saw output rise for the second straight month in March as strong global demand for high-tech chips helped to ease some doubts that are weighing on the country’s economic outlook. After struggling to stage a convincing recovery from the coronavirus pandemic, the world’s third-biggest economy is facing pressure from Russia’s war in Ukraine, high energy and commodity prices and strict Chinese lockdown measures that are hurting demand. Factory output expanded 0.3% in March from the previous month, official data showed on Thursday, as growing production of items such as those of semiconductors offset a

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A Big Win for Medically Fragile Families: Arizona Becomes 3rd State to Provide In-Home Continuous Care for Loved Ones

Thanks to newly passed legislation, the Family Licensed Health Aide Program will be available April 1, 2022 PHOENIX, April 1, 2022 — For most families with medically fragile children, parents are forced to stop working to provide necessary medical care, forgoing income in exchange for their child’s safety. But that will all change for Arizona residents in April 2022, thanks to the newly-passed Family Licensed Health Aide (FLHA) Program. Under the Family Licensed Health Aide Program, parents and legal guardians of medically fragile children can receive free training to become a Licensed Health Aide (LHA) and be hired by a

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Jet fuel price surge deals heavy blow to fragile air travel recovery

By Koustav Samanta SINGAPORE – Global jet fuel prices have surged to near 14-year highs in line with crude oil’s surge on supply shortfall worries, slamming air carriers and travellers with steep cost increases just as air travel was starting to recover from COVID-19 restrictions. Oil prices have soared to their highest since 2008 as supplies lag recovering global demand and as the U.S. weighs banning Russian oil imports following Moscow’s invasion of Ukraine. Global crude oil benchmark Brent has jumped 26% to more than $120 a barrel since Russian forces invaded Ukraine on Feb. 24, triggering a global scramble

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