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Month: November 2021

Powell highlights Fed’s commitment to ‘inclusive’ recovery

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said inequality can prevent the U.S. economy from reaching its potential. He underscored the Fed’s commitment to reducing unemployment as broadly as possible, including among disadvantaged groups. Powell’s comments illustrate one reason why the Fed has been hesitant to reverse its

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Oscar Pistorius’ parole process could start in South Africa

By Radina Gigova, CNN South African Paralympic athlete Oscar Pistorius, who was convicted of killing his girlfriend, Reeva Steenkamp in 2013, may soon be eligible for parole, according to corrections officials. Pistorius must first participate in “Restorative Justice” to be eligible for release, the Department of Correctional Services (DCD) confirmed to CNN on Tuesday. “The

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Denmark ditched its Covid rules two months ago. Now it’s joined other EU nations in mulling new restrictions

CNN By Sheena McKenzie, CNN Two months ago, Denmark was riding high. The European nation lifted all remaining domestic coronavirus restrictions as the government declared Covid-19 was no longer “an illness which is a critical threat to society.” With a successful vaccine rollout in their back pocket, Danes essentially returned to pre-pandemic daily life. They

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