World news in brief: Somalia drought response, updates on aid to Gaza and Ukraine, human rights abuses in Tunisia

World news in brief: Somalia drought response, updates on aid to Gaza and Ukraine, human rights abuses in Tunisia

The World Food Program (WFP) warned on Thursday that drought, conflict and severe funding shortfalls are pushing millions of people into food insecurity across the country. Around 6.5 million people are now suffering from crisis hunger or worse, almost double the number recorded a year ago. Of these, two million face emergency levels of food…

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Why some of the world’s leading billionaires bet on Dubai about Silicon Valley

Why some of the world’s leading billionaires bet on Dubai about Silicon Valley

Sovereign wealth advantage In Dubai, the offers are ‘supercharged’. Emiratí sovereign wealth funds, such as the investment authority of Abu Dhabi and Mubadala, coinvestan, co-strategy and catalyze the growth of forms that private capital in other places cannot. In a nutshell, this public-private alignment offers a rare combination; A sand box where global billionaires can…

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US Stock Market News Today: Wall Street starts on a positive note with inflation cooling

US Stock Market News Today: Wall Street starts on a positive note with inflation cooling

The stock market opened higher on Friday as the latest inflation data indicated more measured growth. This information, which aligns with the Federal Reserve’s preferred metric, is expected to influence interest rate expectations. Positive outlook for major indices S&P 500 futures rose 0.6%, and the Dow Jones Industrial Average was not far behind, adding about…

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