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WASHINGTON: An employee weighs a cut of meat for a customer at Canales Quality Meats in Eastern Market in Washington, DC. — AFP

High US inflation puts Fed’s credibility on the line: Bullard

WASHINGTON: The Federal Reserve needs to accelerate the pace of interest rate increases to fight rising inflation, but can do so in a way that doesn’t roil financial markets, St Louis Fed President James Bullard said yesterday.“Our credibility is on the line here,” Bullard said on CNBC. After consumer prices saw their biggest jump in 40 years in January, he said the Fed should “front load” its actions and raise the benchmark borrowing...

US rapper Dr Dre (left) and US rapper Snoop Dogg perform during the halftime show of Super Bowl LVI between the Los Angeles Rams and the Cincinnati Bengals at SoFi Stadium in Inglewood, California.

California Love: Dre, Snoop lead Super Bowl set that sees Eminem take knee

For the first time hip-hop headlined the Super Bowl halftime show, starring Dr Dre and proteges Snoop Dogg, Mary J. Blige and Eminem, who invoked a racial justice protest by taking a knee on music’s biggest stage. Buzz had been building for weeks over the ‘90s lovefest that also included Kendrick Lamar and 50 Cent onstage midway through Sunday’s game, which had the Los Angeles Rams taking on the Cincinnati Bengals. The show saw the field...

(From left to right) French actor Nicolas Bridet, Austrian actress Sophie†Rois, German director and screenwriter Nicolette Krebitz, German actor Milan Herms and German producer Janine Jackowski pose after a press conference for the film ëA E I O U - Das schnelle Alphabet der Liebeí (A E I O U - The Quick Alphabet of Love) by German director Nicolette Krebitz shown in competition of the 72nd Berlinale Film Festival in Berlin. — AFP photos

Love in the time of corona in focus at Berlin fest

The Berlin film festival has delivered on a promise of “crazy, intoxicating” love stories at its 72nd edition, with diverse movies exploring infatuation and loss around the pandemic-racked world. In time for Valentine’s Day, Europe’s first major cinema showcase of the year has rolled out a program telling the kind of intimate tales perfectly suited to lockdown-era filmmaking. Acclaimed French director Claire Denis unveiled “Both Sides...

AGII APOSTOLI, Greece: A photograph shows wind turbines alongside the provincial road of Evia island near Agii Apostoli. — AFP

Turbine ‘torture’ for islanders in Greece as wind farms proliferate

AGII APOSTOLI, Greece: Until a few years ago, Agii Apostoli was a picturesque seaside village on the eastern coast of Evia, drawing a modest income from tourism and fishing. Now it is ringed by towering wind turbines whose night lights and whirring sounds are tantamount to daily “torture”, locals say.“Longterm visitors ask us, why did you allow this crime to take place?” laments Stamatoula Karava, a local employee involved in a local...

YANQING: USA’s Mikaela Shiffrin takes part in the women’s downhill first training session during the Beijing 2022 Winter Olympic Games at the Yanqing National Alpine Skiing Centre yesterday. —AFP

Switzerland’s Gut-Behrami wins the Olympic super-G

YANQING: Switzerland’s Lara Gut-Behrami added Olympic super-G gold to her world title at the Beijing Games on Friday as a relieved Mikaela Shiffrin finished ninth after flunking her first two events. The 30-year-old Gut-Behrami, who has already won giant slalom bronze at these Games, timed 1min 13.51sec for victory and the first Olympic gold medal of her career. It was also a first-ever super-G gold for Switzerland.Austrian Mirjam Puchner took...

PHILADELPHIA: Aleksej Pokusevski #17 of the Oklahoma City Thunder is blocked by Joel Embiid #21 during the third quarter at Wells Fargo Center on February 11. — AFP

Embiid continues torrid play to lift Sixers over Thunder

LOS ANGELES: Joel Embiid poured in 25 points and 19 rebounds to power the Philadelphia 76ers to a 100-87 victory over the Oklahoma City Thunder on Friday. Embiid, who also had five blocks and four assists in front of the crowd of 20,600 at Wells Fargo Center, recorded his 22nd straight game with at least 25 points. Philadelphia played their first game since making a blockbuster trade with the Brooklyn Nets on Thursday that saw former league MVP...

Models walk the runway for Christian Cowan during New York Fashion Week: The Shows at One World Observatory in New York City. — AFP photos

Play and glitter: New York Fashion Week kicks off amid COVID

Experimentation, play, and glitter: a coronavirus-impacted New York Fashion Week got under way Friday with Fall/Winter 2022 shows by Proenza Schouler and Christian Cowan. In its collection, presented in an art gallery in Manhattan’s trendy East Village, New York brand Proenza Schouler played with shape, contrasting fitted waists with loose or slightly rounded skirts.Designer Lazaro Hernandez said the idea was to exaggerate and juxtapose...

Musician and user of the video-focused social networking service TikTok Tom†Rosenthal, composes in his studio at his house, in London. — AFP

How to be a TikTok music megastar

Tom Rosenthal is a 35-year-old singer-songwriter from London. He had already built a decent career over a decade, but when he joined TikTok in 2020 he said the impact was “seismic”. His songs-including hits like “Lights Are On”, “It’s OK” and “Go Solo”-have been used on 1.6 million TikTok videos, driving fans to other music services where he has picked up hundreds of millions of streams. Rosenthal gave AFP a few tips on the...

A couple shares food on the Garonne river bank in Toulouse, southwestern France on February 8, 2022.

Valentine’s Day: flowers, chocolates or a good whipping?

Saint Valentine’s Day may now be celebrated worldwide but traditions are often very different-and sometimes have nothing at all to do with romance. While in Europe it’s all about couples cozying up, in the United States it is as much about schoolchildren celebrating friendship while in Japan women give chocolates to their bosses. From pagan festival to marketing ploy, we look at the rich Valentine’s mix: All whipped upValentine’s Day...

TotalEnergies returns to profit after COVID crisis

PARIS: French energy giant TotalEnergies yesterday rebounded from the COVID crisis with a huge 2021 profit as oil and gas prices soared — a performance that raised political hackles in an election year in France.The company reported net profit of $16 billion (14 billion euros) — the highest in at least 15 years — following a historic $7.2-billion loss in 2020, when oil prices crashed. Oil and gas firms slumped into the red in 2020 as the...

TOKYO: A pedestrian walks past an electronic chart displaying today’s movement of share price (top, left) of the Tokyo Stock Exchange and movement of the past 12 months. — AFP

Asian, European markets rise as crucial US inflation data looms

HONG KONG: Asian and European stocks enjoyed further gains yesterday as traders jostled for position ahead of the release of US inflation data later in the day that could have a huge bearing on the Federal Reserve’s rate hike plans. A broadly positive week for global equities continued on Wednesday thanks to some healthy earnings results, the further reopening of economies and signs of an easing in Russia-Ukraine tensions. While the mood for...

MUNICH, Bavaria: The CEO of German industrial giant Siemens Roland Busch speaks during the virtual annual shareholders’ meeting in Munich, southern Germany, yesterday. — AFP

Siemens overcomes supply snags to post higher profit

FRANKFURT: German industrial giant Siemens ploughed ahead in the first quarter, booking an increased net profit despite the supply chain disruptions which have troubled many businesses, it said yesterday.The group, which makes products ranging from trains to factory equipment, made a profit of 1.8 billion euros ($2.1 billion) between September and December last year, up 20 percent on the same period in 2020. The company’s revenues over the same...

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