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☆ MUFG Bank says it expects a 50-basis-point Fed rate cut
▼ + stars: | 2024-09-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMUFG Bank says it expects a 50-basis-point Fed rate cutEhsan Khoman, director and head of MENA research at MUFG Bank, says the U.S. Federal Reserve is likely to "go heavy."

Persons: Ehsan Khoman Organizations: MUFG, MUFG Bank, U.S . Federal

☆ Why Apple hopefuls are so desperate to get a job there
▼ + stars: | 2024-07-16 | by ( Jordan Hart | ) www.businessinsider.com time to read: +6 min

Read previewLanding a corporate job at Apple is such a big deal for tech workers that some seek out career coaches to help get interviews. Apple is seen as a place where workers 'push boundaries'Apple positions itself as providing more than just a job. AdvertisementAs with its products, Apple has worked to brand itself as having a more playful and curious environment than its competitors. Related storiesEven Apple Park, the company's headquarters in Cupertino, California, has earned the nicknames "the spaceship" and "the ring" for its futuristic circular design. Another Apple hopeful posted that they were "getting desperate" for a job at the company and had applied for 60 jobs in one day.

Persons: —, Marc Cenedella, Steve Jobs, Cenedella, They've, Apple, Ehsan Farkhondeh, Arianny Mercedes, they'd, Theresa Park, Mercedes, Dan Ives, Apple's, Drew Evans, Evans Organizations: Service, Apple, Business, Wedbush Securities, American Express, Employees, Spotify, Apple Intelligence Locations: Silicon, Cloud, Cupertino , California

☆ Turkey growth projections likely to ease, analyst says
▼ + stars: | 2024-06-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTurkey growth projections likely to ease, analyst saysEhsan Khoman, director of MENA research and strategy at MUFG Bank, Turkish central bank's decision to hold interest rates.

Persons: Ehsan Khoman Organizations: MUFG Bank Locations: Turkey, Turkish

☆ Afghanistan: 50 killed, dozens missing after flooding in Ghor province
▼ + stars: | 2024-05-18 | by ( Masoud Popalzai | Ehsan Popalzai | ) edition.cnn.com time to read: +1 min

CNN —Fifty people were killed and dozens are missing after heavy rains and flooding in Afghanistan’s province of Ghor on Friday, according to the Afghan Ministry of Refugees. The Ministry said in a post on X on Saturday that 2,000 homes had been completely destroyed and up to 4,000 partially destroyed by recent flooding. Hundreds of people have been killed by flash flooding in Afghanistan over the past several weeks, according to the UN. Areas in northern Afghanistan have been ravaged by the heavy floods, including the provinces of Ghor, Badakhshan, Baghlan, and Herat. In April, unseasonal rainfall and floods killed more than 100 people in Afghanistan and Pakistan, according to authorities.

Persons: Zabihullah Mojahid, Zabihullah Mujahid Organizations: CNN, Afghan Ministry of Refugees, UN Locations: Afghanistan’s province, Ghor, Afghanistan, Badakhshan, Baghlan, Herat, Pakistan

☆ MUFG analyst says these tri-factors will propel gold prices to new highs
▼ + stars: | 2024-03-13 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMUFG analyst says these tri-factors will propel gold prices to new highsEhsan Khoman of MUFG Bank explains his bullish calls on gold.

Persons: Ehsan Organizations: MUFG Bank

☆ MUFG discusses ECB rate cut outlook
▼ + stars: | 2024-01-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAs long as 'actual inflation' falls to 2%, ECB can implement rate cuts: MUFG head of commoditiesEhsan Khoman of Mitsubishi UFJ Financial Group discusses Europe's interest rate outlook for 2024.

Organizations: ECB, Mitsubishi UFJ Financial

CNN —At least 31 people have been killed in devastating flash floods that hit parts of Afghanistan over the weekend, authorities said Sunday. In a press conference from Kabul, Shafiullah Rahimi, spokesman for Taliban’s Ministry of Disaster Management, added that 74 people are injured and at least 41 remain missing. An excavator removes mud and rocks from a damaged house after heavy flooding in Maidan Wardak province. APA damaged house is seen after heavy flooding in the Maidan Wardak province in central Afghanistan on Sunday, July 23, 2023. APAfghan boys look at a truck that was damaged in flash floods in Maidan Wardak province on July 23, 2023.

Persons: Shafiullah Rahimi, Rahimi, ” Organizations: CNN, Taliban’s Ministry of Disaster Management, AP, Getty, Ministry of State for Disaster Management Locations: Afghanistan, Kabul, Red Crescent, Maidan Wardak, AFP

Experts have mixed reactions on whether the budget will meet IMF requirements and the impact on the economy. The ‘No new Taxes on Industry’ claim is belied by increase in super tax and that too in not a fully progressive way. Will retailers and the agri sectors that together contribute 40% contribute more than 2% as a result of the budget? SHAHBAZ ASHRAF, CHIEF INVESTMENT OFFICER AT FRIM VENTURES“It is surely not a budget that the IMF would approve of. "The regional energy price budget, which has built in cross subsidies, general collection and distribution losses is something the export industry cannot sustain."

Persons: GHIAS KHAN, EHSAN MALIK, SHAHID HABIB, ARIF HABIB, ZULQARNAIN, ABDUL ALEEM, IRFAN IQBAL SHEIKH, MUSTAFA PASHA, SHAHBAZ ASHRAF, they've, There's, ” FAHAD RAUF, ISMAIL IQBAL, GOHAR EJAZ, Ariba Shahid, Jonathan Oatis, Nick Zieminski Organizations: International Monetary Fund, IMF, Pakistan, Reuters, FX, ENGRO CORP, OF, PAKISTAN BUSINESS, Industry, PAKISTAN, Company, FEDERATION OF PAKISTAN, OF COMMERCE, PKR, IN, MILLS ASSOCIATION, Thomson Locations: KARACHI, Pakistan, PAKISTAN, Karachi

CNN —Nearly 80 primary school students, mostly girls, are suspected to have been poisoned over the weekend and taken to hospital in Afghanistan’s Sangcharak district, Mohammad Rahmani, the head of Education Department in the northern Sar-e-Pul province, told CNN. “After reaching school in the morning, the students suddenly started feeling dizzy, headache, and nausea,” Rahmani said. A doctor at Sar-i-Pul hospital confirmed to CNN that some of the girls were admitted to hospital and he believes they were poisoned based on their symptoms. Following international pressure, the Taliban kept primary schools open for girls until around the age of 12, Reuters reported. In 2012, more than 170 women and girls were hospitalized after drinking apparently poisoned well water at a school.

Persons: Mohammad Rahmani, Rahmani, ” Rahmani, schoolgirls Organizations: CNN, Education Department, Reuters Locations: Afghanistan’s Sangcharak, Pul, Afghanistan

☆ The Taliban promised to provide security to Afghans. New data shows threat from ISIS is growing
▼ + stars: | 2023-05-19 | by ( Eliza Mackintosh Ehsan Popalzai Antonio Jarne Lou Robinson | Eliza Mackintosh | Ehsan Popalzai | ) edition.cnn.com time to read: +19 min

“Currently we don’t have security in Afghanistan at all, whenever we go out we don’t know if we will come home alive or not,” he added. Taliban security forces guard a checkpoint near the foreign ministry in Kabul on March 27, after an ISIS-K suicide bomber struck the site. The data, which is available in a live map, includes 367 pieces of open-source evidence — largely videos and images shared on social media — about 70 ISIS-K attacks since August 2021. As the Taliban try to minimize the threat ISIS-K poses, attacks on civilians continue. Taliban security forces have been waging ongoing operations and night raids against ISIS-K.

DHAKA, May 18 (Reuters) - Apparel makers in Bangladesh are considering rare bulk exports by air to Europe and the United States, as they race to meet deadlines and avoid cancellations after a cyclone delayed shipments, caused power cuts and disrupted production. Bangladesh, the world's second-largest garment exporter, has already been hit by weakening global demand, with exports falling in both March and April. Another garment owner who supplies H&M said some of his shipments had been delayed. Power cuts in the last two months, first due to a scorching heatwave, and then the cyclone, have put more stress on apparel companies. "Now there are also chances of missing orders for the next season, as we are struggling to provide samples on time due to the regular power cuts," Ehsan said.

☆ Iranian drones used by Russia in Ukraine are powered by stolen Western tech, research shows
▼ + stars: | 2023-04-28 | by ( Tim Lister | ) edition.cnn.com time to read: +8 min

Russia wants Iranian drones and ballistic missiles; Iran wants Russian investment and trade. And for the Russians, Iranian drones are a bargain substitute for much more costly missiles, stocks of which are dwindling, according to Western officials. Last October, the head of Ukraine’s Defense Intelligence, Kyrylo Budanov, said Russia had ordered about 1,700 Iranian drones of different types. “These modifications have prevented investigators from identifying the acquisition networks facilitating the international supply of key components into Iran,” CAR says. CARThe revenues from the sale of hundreds of Shahed-136 drones to Russia will likely be reinvested in further improving the industry.

☆ Russian oil slashes OPEC's share of Indian market to 22-year low
▼ + stars: | 2023-04-24 | by ( Nidhi Verma | ) www.reuters.com time to read: +3 min

OPEC's share shrank as India, which in the past rarely bought Russian oil due to high freight costs, is now the top oil client for Russian seaborne oil, rejected by Western nations following Moscow's invasion of Ukraine in February 2022. India's oil importsIndia shipped in about 1.6 million barrels per day (bpd) of Russian oil in 2022/23, the data showed, about 23% of its overall 4.65 million bpd imports. Higher intake of Russian oil boosted the share of Commonwealth of Independent States (C.I.S.) India's oil imports from various regionsIn March, India shipped in nearly 5 million bpd of oil, marginally higher than the previous month, with Russian oil accounting for about 36% of overall imports, the data showed. "OPEC's output cut decision is helping Russia as well," said Haq, adding the planned supply cut has lifted global oil prices and at the same time narrowed the discounts for Russian oil against Brent and Dubai benchmarks.

☆ Alibaba-backed Pakistani e-commerce platform Daraz cuts workforce by 11%
▼ + stars: | 2023-02-07 | by ( Ariba Shahid | ) www.reuters.com time to read: +2 min

KARACHI, PAKISTAN, Feb 7 (Reuters) - Alibaba-owned e-commerce platform Daraz Group is reducing its workforce by 11% to prepare for the 'current market reality', Chief Executive Officer Bjarke Mikkelsen said. The group operates in Pakistan, Bangladesh, Sri Lanka and Nepal. Daraz, Pakistan's largest e-commerce retail platform, was founded in 2012 in Pakistan and acquired by Chinese giant Alibaba (9988.HK) in 2018. Ehsan Saya, managing director of Daraz Pakistan, told Reuters that Pakistan is its biggest market and said that Pakistan has the most number of employees employed across Daraz markets. Saya confirmed to Reuters that the 11% employee cut across the group will also mean an 11% cut in Pakistan.

☆ Why Egypt is asking its people to eat chicken feet
▼ + stars: | 2023-01-18 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +17 min

Abu Dhabi CNN —Egypt’s economic situation is so dire that the government is asking people to eat chicken feet. In Egypt, chicken feet are seen as the cheapest of meat items, considered by most as animal waste rather than food. After the recommendation to switch to chicken feet, the price of one kilogram of the product reportedly doubled to 20 Egyptian pounds ($0.67). But those firms don’t operate like private companies, enjoying special privileges without disclosing their financial data to the public. Experts have questioned why international creditors had not leveraged their loans to drive Egypt’s military out of the economy.

CNN —The ruling Taliban has signed a deal with a Chinese company to extract oil from northern Afghanistan’s Amu Darya basin as the radical Islamist group attempts to bolster the South Asian nation’s increasingly impoverished and isolated economy. The agreement with China’s Xinjiang Central Asia Petroleum and Gas Co is the first major international energy extraction deal the Taliban has signed since taking control of Afghanistan in 2021. Baradar referred to the deal as being in Afghanistan’s best interests, adding that it would strengthen the country’s economy, the statement said. In December, the UN suspended some of its “time-critical” programs in Afghanistan in the wake of the Taliban’s ban on female NGO workers. The Taliban last month also suspended university education for all female students in Afghanistan, drawing condemnation from around the world.

CNN —Three people were killed and many others injured after gunmen attacked a hotel in Kabul, the Afghan capital, on Monday. The attack ended with all three gunmen killed and hotel guests safely evacuated, according to a tweet from Taliban spokesman Zabiullah Mojahid on Monday. Mojahid added that no foreign nationals were killed, but two foreign nationals were wounded after jumping from the rooftop. Chinese Foreign Ministry spokesperson Zhao Lijian told reporters at a briefing on Tuesday that five Chinese nationals were among the injured. China’s state-run Xinhua news agency said the attack happened near a Chinese guesthouse and its embassy in Kabul was closely monitoring the situation.

On Tuesday, those criticizing the team made their voices heard: This was the Islamic Republic's loss, not Iran's. Meanwhile, there were thousands of tweets in Persian, or in English from prominent Iranians, saying how happy they were their own team had fallen at the first hurdle of the competition. Dean Mouhtaropoulos / Getty Images"For 43 years the regime brainwashed Iranians to hate America," Masih Alinejad, a New York-based Iranian journalist and activist, tweeted . "But see how people across Iran are celebrating the victory of the U.S. soccer team against the Islamic Republic." Reuters TVWhere the Iranian soccer team fits into all this has been a subject of debate among Iranians and those watching from abroad.

☆ Political bad blood between U.S. and Iran dominates run-up to World Cup showdown
▼ + stars: | 2022-11-29 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +6 min

The politics of anti-regime protests are dominating the run-up to a World Cup showdown between the U.S. and Iran, with coaches and players fielding politically charged questions before Tuesday’s match. I’m a soccer coach.” He also was asked for his thoughts about the U.S. military’s presence in the Persian Gulf. The protests at home have followed Iran’s soccer team throughout the World Cup, which began Nov. 20 in Qatar. At some of the games, Qatari police have confiscated T-shirts or signs supporting the protests in Iran. More recently, a prominent former soccer player in Iran, Voria Ghafouri, was arrested after he endorsed the protests, according to Iranian state-linked media.

☆ Sargent replaces Wright for U.S., Iran's Beiranvand back in goal
▼ + stars: | 2022-11-29 | by ( Hritika Sharma | ) www.reuters.com time to read: +1 min

DOHA, Nov 29 (Reuters) - U.S. coach Gregg Berhalter recalled Josh Sargent to his starting lineup for Tuesday's Group B showdown against Iran, who were boosted by the return of first-choice goalkeeper Alireza Beiranvand after his recovery from concussion. Sargent, who started the Americans' opener against Wales, was dropped for Friday's match against England but has regained his spot from Haji Wright up front, while centre back Cameron Carter-Vickers replaces Walker Zimmerman. Beiranvand was the only change to the Iran side that stunned Wales 2-0 after the concussion and broken nose he sustained against England last week. Iran coach Carlos Queiroz kept faith up front in Sardar Azmoun for a second straight match, with the forward having not started in their opener, as well as Ramin Rezaeian, scorer of one of Iran's two late goals against Wales. Iran: Alireza Beiranvand, Ehsan Hajsafi, Milad Mohammadi, Saeid Ezatolahi, Morteza Pouraliganji, Mehdi Taremi, Ali Gholizadeh, Majid Hosseini, Sardar Azmoun, Ahmad Nourollahi, Ramin RezaeianUnited States: Matt Turner, Sergino Dest, Cameron Carter-Vickers, Tyler Adams, Antonee Robinson, Yunus Musah, Weston McKennie, Christian Pulisic, Tim Ream, Tim Weah, Josh SargentReporting by Hritika Sharma; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

☆ Iran's violent crackdown against protesters escalates in parts of the country
▼ + stars: | 2022-11-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | Alexander Smith | ) www.nbcnews.com time to read: +7 min

The group, which focuses on human rights in Iranian Kurdistan, said that at least 1,500 people have been injured. Scenes from reported clashes in the northeastern Iranian city of Javanrud, shared by a Kurdish human rights group on Tuesday. The regime-aligned agency blamed the violence on “rioters” and “Kurdish separatists” who infiltrated crowds of protesters and attacked an IRGC base. Some protesters have called for an overthrow of the regime and “death to the dictator” — meaning Iran’s supreme leader, Ayatollah Ali Khamenei. These have been condemned by Kurdish officials and the Iraqi government, despite the latter being dominated by parties close to Iran.

☆ Iran Soccer Players Remain Silent During Their National Anthem at World Cup
▼ + stars: | 2022-11-21 | by ( Sune Engel Rasmussen | ) www.wsj.com time to read: 1 min

Iran’s soccer team chose not to sing the Islamic Republic’s national anthem before their opening World Cup match against England on Monday, in an apparent show of solidarity with a monthslong rights movement sweeping across the country. The defiant act came after the team’s captain Ehsan Hajsafi on Sunday expressed support for those who had lost loved ones during the recent unrest, which began in mid-September after the death of 22-year-old Mahsa Amini in the custody of the country’s morality police. More than 300 people have died since then as the government used force to break the protest movement that has now morphed into broader calls to overthrow the Islamic leadership.

Iran’s national men’s soccer team refused to sing the country’s national anthem at the World Cup in Qatar on Monday, in an apparent act of defiance against their government, which has become the target of growing and incendiary protests. The Iranian team has enthusiastically sung the anthem in previous tournaments, including the World Cup in 2018 and the Asian Cup in 2020. Head coach Yahya Golmohammadi of Persepolis FC League during a match between Persepolis FC and Mes Rafsanjan in Tehran, Iran, on Feb. 28. The news came as the continuing protest movement and the security forces’ attempts to quash dissent led to further unrest over the weekend and into Monday. “We expect the security forces to protect people’s lives and property,” he said in a statement.

☆ Iran chose not to sing anthem at World Cup opener
▼ + stars: | 2022-11-21 | by ( Martin Petty | ) www.reuters.com time to read: +2 min

DOHA, Nov 21 (Reuters) - Players of Iran's national soccer team chose not to sing their country's anthem at their opening World Cup match against England on Monday, in an apparent show of support for protesters back home. The players were silent as the anthem was played at the Khalifa International Stadium, where Iranian fans gathered in the stands shouted as the music was played. Iranian state television, during its live broadcast, censored the footage of the players lining up before the match as the anthem was played. On the eve of the match, captain Ehsan Hajsafi, who plays in Greece, became the first member of the Iranian team to speak out from the World Cup on the situation at home, saying "we are with them. Players Karim Ansarifard and Morteza Pouraliganji chose not to answer questions on Friday about solidarity with women in Iran, while midfielder Alireza Jahanbakhsh, of Dutch club Feyenoord, suggested such questions were a ploy to distract the team.

☆ For Iranians, this World Cup is about more than football
▼ + stars: | 2022-11-21 | by ( Issy Ronald | ) edition.cnn.com time to read: +13 min

In the buildup to the World Cup in Qatar, there were calls for Iran to be thrown out of the tournament. Protesting at the World Cup, on the biggest stage of all for football, carries potentially huge risks for the current players in the national team. Nonetheless, players will be free to protest at the World Cup so long as they do not break FIFA rules, their manager Queiroz has said. Iran’s football authorities vowed that “people who have not followed professional and sports ethics … will be dealt with according to the regulations,” a statement published by Iran’s Football Federation after the beach soccer game said. “While this is happening, I cannot see people being overly excited [about the World Cup] when they’re out on the street fighting for freedom,” Mossavat says.

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