Connect with us

International

US consumer confidence dips in November: survey

| By AFP |

US consumers were gloomier about the state of the American economy in November, likely due to a rise in gas prices and as recession risks loom, according to a survey released Tuesday.

The closely-watched consumer confidence index dipped to 100.2 in November, down two points from the month before, in a second straight month of decline, said think tank The Conference Board.

“Consumers’ expectations regarding the short-term outlook remained gloomy,” said Lynn Franco, senior director of economic indicators at The Conference Board.

The drop in consumer confidence this month, in line with analyst expectations, was “most likely prompted by the recent rise in gas prices,” she said. 

Advertisement
20260330_renta_mh_728x90
previous arrow
next arrow

Data on consumers’ short-term outlook suggests the likelihood of a recession remains elevated as well.

“Inflation expectations increased to their highest level since July, with both gas and food prices as the main culprits,” Franco said.

Consumer inflation in the United States has been hovering at the highest level in decades, prompting the Federal Reserve to take aggressive steps to raise interest rates and cool the economy.

The central bank walks a tightrope trying to bring down surging costs while avoiding tipping the world’s biggest economy into a downturn.

For now, consumer intentions to buy homes, automobiles and big-ticket appliances have moderated.

Advertisement
20260330_renta_mh_728x90
previous arrow
next arrow

“The combination of inflation and interest rate hikes will continue to pose challenges to confidence and economic growth into early 2023,” Franco said.

But with inflation showing signs of easing and central bankers noting it would take time for policy effects to be realized, a growing number of voices including Fed officials have advocated for smaller steps in the coming months.

The consumer sentiment reading “remains depressed compared to pre-pandemic” levels, said economist Rubeela Farooqi of High Frequency Economics.

Overall, measures of sentiment “are sending a negative signal about household spending,” even if consumption continues to support growth for now, she added.

Advertisement
20260330_renta_mh_728x90
previous arrow
next arrow
Continue Reading
Advertisement
20260330_renta_mh_300x250

International

Mexico leads global cases of enforced disappearances, UN report finds

Mexico accounts for the highest number of urgent actions related to enforced disappearances worldwide, according to the latest report by the UN Committee on Enforced Disappearances.

The report, released by I(dh)eas, indicates that Mexico has accumulated 819 cases between 2012 and February 2026, representing 38% of the global total.

In the past five months alone, 40 new urgent requests have been recorded — more than one-third of all such actions worldwide during that period.

The report warns that this trend reflects a structural problem, as the urgent action mechanism — originally intended as an exceptional measure — has become routine in Mexico.

Although the Mexican state formally complies with response deadlines, the Committee identified significant shortcomings in the implementation of these measures. These include the lack of comprehensive search plans, delays in key investigative procedures such as video surveillance and phone data analysis, and insufficient inquiries into possible links involving state agents.

Advertisement

20260330_renta_mh_728x90

previous arrow
next arrow

The report also highlights inadequate protection for relatives and individuals involved in search efforts, including cases of reprisals.

Among the most serious incidents documented is the disappearance of a father who had denounced alleged involvement of authorities in his son’s case in the state of Guanajuato.

The accumulation of cases could lead to the application of Article 34 of the Convention, which would allow for the launch of an international investigation into systematic enforced disappearances.

Geographically, the state of Chiapas accounts for 30% of the new urgent actions, many of them linked to collective disappearances of migrants.

Advertisement

20260330_renta_mh_728x90

previous arrow
next arrow

Continue Reading

International

Le pape Léon XIV appelle à relancer le dialogue pour une paix au Moyen-Orient

Le pape Léon XIV s’est entretenu par téléphone ce vendredi avec le président d’Israël, Isaac Herzog, soulignant la « nécessité de rouvrir » les canaux de dialogue afin de parvenir à une « paix juste » au Moyen-Orient.

Selon un communiqué du Vatican, les deux dirigeants ont insisté sur l’importance de relancer tous les mécanismes diplomatiques pour mettre fin au conflit en cours et œuvrer en faveur d’une paix durable dans la région.

Le communiqué précise également que les discussions ont porté sur la protection des populations civiles et sur le respect du droit international et humanitaire.

Cet échange intervient dans le contexte de la Semaine sainte, cinq jours après un incident à Jérusalem, où la police israélienne avait empêché le cardinal Pierbattista Pizzaballa de célébrer la messe du Dimanche des Rameaux au Saint-Sépulcre.

Le lendemain, le secrétaire d’État du Vatican, Pietro Parolin, avait convoqué l’ambassadeur israélien auprès du Saint-Siège, Yaron Sideman, pour exprimer le mécontentement du Vatican face à cet incident qualifié de « regrettable ».

Advertisement

20260330_renta_mh_728x90

previous arrow
next arrow

Cette situation avait suscité une vive réaction internationale, poussant le Premier ministre israélien Benjamin Netanyahu à intervenir pour assurer que le cardinal pourrait accéder au lieu saint.

De son côté, Herzog a confirmé l’échange sur son compte X, indiquant que les discussions ont également porté sur des sujets régionaux, notamment la guerre en Iran et la situation au Liban.

Le pape, d’origine américaine, participe actuellement à sa première Semaine sainte depuis son élection et doit présider ce soir le chemin de croix au Vatican.

Continue Reading

International

Devotees in Philippines mark Holy Week with extreme rituals despite rising costs

Despite rising fuel prices driven by the conflict in the Middle East, thousands of devotees in Philippines took part this year in one of the country’s most intense Holy Week traditions.

In the city of San Fernando, located in Pampanga province, dozens of bare-chested penitents with covered faces walked barefoot along dusty streets, whipping their backs with bamboo lashes as part of a ritual that can draw up to 12,000 local and foreign visitors.

Journalists from Agence France-Presse reported seeing participants piercing their skin with glass shards attached to small wooden paddles to ensure bleeding during the ceremony — an act believed to atone for sins and seek divine intervention.

“I do this to pray for the healing of my seven-month-old baby, who is suffering from pneumonia,” said a devotee identified as John David at the start of the procession.

The 49-year-old participant explained that the practice runs in his family. “My grandfather started this, then my father, and now it’s my turn. I have witnessed healing miracles over the years through this act of faith,” he said.

Advertisement

20260330_renta_mh_728x90

previous arrow
next arrow

Many attendees traveled for hours to witness the climax of the ritual, in which some penitents allow nails, measuring about seven centimeters, to be driven into their hands before being raised on crosses in a reenactment of crucifixion.

Continue Reading

Trending

Central News