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Rafa Benitez named new coach of Celta Vigo

BARCELONA: Rafa Benitez will coach Celta Vigo on a three-year deal, the Spanish side said Friday. The former Liverpool, Chelsea and Real Madrid coach replaces Carlos Carvalhal, who left Celta earlier in June by mutual consent after helping the team survive relegation from La Liga. Celta, celebrating their centenary in the upcoming season, said they have reached an agreement with the 63-year-old coach, which will be signed in July.
News

Kyrsten Sinema Cuts Pilot Training Funding After Receiving Airline Contributions

The airline-backed amendment to radically alter pilot training requirements is opposed by pilot and flight attendant unions.

The post Kyrsten Sinema Moves to Slash Pilot Training After Taking Airline Cash appeared first on The Intercept.

Business

Egypt’s Central Bank Maintains Stable Interest Rates

CAIRO: The Central Bank of Egypt (CBE) kept its key overnight interest rates unchanged on Thursday, saying commodity prices appear to be falling and economic growth is likely to recover in the fiscal year that begins next week. As expected, the bank’s Monetary Policy Committee (MPC) left the lending rate steady at 19.25 percent and the deposit rate at 18.25 percent. Not one of 17 analysts polled by Reuters on Monday had forecast a change.
sport

Saudi sports support Kingdom’s team at Special Olympics Berlin.

On Saturday night, top figures from Saudi sports attended the launch of the Berlin 2023 Special Olympics in a show of support for the Kingdom’s 130-strong delegation. Saudi Arabia’s largest Special Olympics contingent since the 1995 Games in New Haven, Connecticut, is made up of 85 male and female athletes who will take part in 15 sports. Present at the opening ceremony in the German capital was Prince Abdulaziz bin Turki Al-Faisal, the Saudi minister of sports and president of the Union of Arab National Olympic Committees, who attended on behalf of King Salman.
Business

FAO predicts global food import bill to reach $1.98tn by 2023

RIYADH: The global food import bill is forecast to reach a record high of $1.98 trillion in 2023, up 1.5 percent from 2022, due to a combination of factors including an increase in international prices and higher volumes, the latest UN report showed.    The Food and Agriculture Organization of the UN in its biannual report stated that the anticipated increase in the 2023 bills will happen due to an additional $18.4 billion stemming from higher international prices and $12.9 billion from higher volumes. 
Business

US Debt Ceiling Bill Passes House with Bipartisan Support

WASHINGTON: The US House of Representatives passed a bill to suspend the $31.4 trillion debt ceiling on Wednesday, with majority support from both Democrats and Republicans to overcome opposition led by hard-line conservatives and avoid a catastrophic default. The Republican-controlled House voted 314-117 to send the legislation to the Senate, which must enact the measure and get it to President Joe Biden’s desk before a Monday deadline, when the federal government is expected to run out of money to pay its bills.
Business

“FTSE Russell Includes 5 Saudi Companies in Indices”

RIYADH: FTSE Russell has added five Saudi companies to its indices, it announced in its quarterly review. It is a leading global index provider of benchmarks, analytics, and data solutions. Saudi firms Luberef, Arabian Drilling, and Marafiq have been added to FTSE Mid Cap Index and FTSE Global Equity Index. While Alsaif Gallery and 2P have become part of the FTSE Global Microcap Index Series and Global Equity Index All-Cap Index.
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US Media Reports US Had Advance Warning of Israel Attack on Iran

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DUBAI/WASHINGTON: Israeli missiles have hit a site in Iran, ABC News reported late on Thursday, citing a US official, while Iranian state media reported an explosion in the center of the country, days after Iran launched a retaliatory drone strike on Israel. Commercial flights began diverting their routes early Friday morning over western Iran without explanation as one semiofficial news agency in the Islamic Republic claimed there had been “explosions” heard over the city of Isfahan.

Zimbabweans bear cost of switching to new ZiG currency

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Businesses, transport, government services reject old notes despite the unavailability of new bills until end of month.

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Teenager charged with terrorism in Australia church stabbing | TOME

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Boy was arrested at the scene after Bishop Mar Mari Emmanuel was attacked during a service in Sydney.

Google Fires 28 Staff for Protesting Cloud Contract with Israel

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Tech giant says employees engaged in 'completely unacceptable behaviour' during sit-in at company offices.

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Google Fires 28 Staff for Protesting Cloud Contract with Israel

Economy 0
Tech giant says employees engaged in 'completely unacceptable behaviour' during sit-in at company offices.

Apple invests in Vietnam as Tim Cook visits Hanoi

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Apple CEO is expected to meet programmers, students and content creators during two-day visit.

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