The market, which is expected to post over Dh100 billion in sales through more than 30,000 transactions in first quarter, will sustain steady increase in transactions and prices throughout the year
Janet Yellen is one tough cookie. During her stint as leader of the world’s most powerful central bank, she not only broke gender barriers in one of the top public finance jobs anywhere; Yellen showed she was ‘man’ enough to handle it.
US president-elect Joe Biden’s appointment of the 74-year-old public servant as Treasury chief has been widely praised, with European Central Bank vice-president Luis de Guindos terming it as ‘good news’ for not just the American economy, but for the world as well.
If Yellen’s dovish record is any indication, those praises have merit. While a Democrat, she defended the sanctity of the Fed’s apolitical stance and rolled out actions with emphasis, unafraid to butt heads with Congress in committee hearings, and even continuing some policies of her predecessor, Ben Bernanke, who is a Republican. And remember: She not just predicted the US subprime meltdown — she did it with more accuracy compared to others.
Yellen could’ve done more, had Donald Trump not decided to tap Jerome Powell to take over the Fed’s reins. Unsurprisingly, the president attacked Powell — the very same person he appointed — when things at the Fed didn’t go his way. Given Trump’s misogynistic record, that decision worked out well for Yellen. Not saying she wouldn’t have been able to handle it, but she was spared the undue humiliation guaranteed from a tweet or off-the-cuff comment. But make no mistake: Now, with a proverbial free hand, Yellen has another opportunity to make history. That anticipation is already good news in itself.
The market, which is expected to post over Dh100 billion in sales through more than 30,000 transactions in first quarter, will sustain steady increase in transactions and prices throughout the year
She was shopping in Hong Kong, where she was on vacation with her family, when someone spotted her and asked if she'd like to become a model.
After the October 7 attacks, Israel imposed a complete siege on Gaza, blocking food, water and medicine, before eventually allowing some deliveries
The event highlighted Hilton's innovative ‘Green Ramadan’ initiative and its commitment to sustainable hospitality in Hilton
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Customers can earn miles with every purchase made with any linked payment card across all Union Coop stores and online
People will be trained for a couple of months before they are able to drive and fly it
Conditions are likely to get humid by night time