Profitloss Centerstage Events

Passing away of the 57 year old rhinoceros took center stage on Sunday, 29 December 2019 among all major events across the globe, and remains the highlight of this week's list of center stage events.
Picture Courtesy: Profit loss

Centerstage events of week 4

Kuwait and Saudi Arabia reach an agreement to end their...

Kuwait and Saudi Arabia reach an agreement to end their five-year dispute over the Neutral Zone, allowing production to resume at the Khafji and Wafra oilfields. These oilfields contribute about 0.5% of the world's oil supply. U.S. oil company Chevron expects the Wafra field to return to full production within 12 months. The agreement includes final demarcation of the border and defines sovereignty in the divided zone, ensuring a stable achievement for both countries.

Monday, 23 December, 2019

The Federal Reserve Bank of New York injects $24.8 billion...

The Federal Reserve Bank of New York injects $24.8 billion in temporary liquidity into financial markets through a two-day repurchase agreement (repo) operation. The aim is to maintain stable short-term borrowing rates and provide enough liquidity to support the financial system. The Fed's repo interventions have been ongoing since mid-September to manage short-term rates and ensure market stability. The central bank plans to purchase Treasury bills to reduce reliance on repo interventions next year.

Tuesday, 24 December, 2019

Israeli Prime Minister Benjamin Netanyahu successfully defeats a primary challenge...

Israeli Prime Minister Benjamin Netanyahu successfully defeats a primary challenge from former Education Minister Gideon Sa'ar, receiving 72% of the vote. Netanyahu retains his position as the leader of the Likud party.

Wednesday, 25 December, 2019

President Donald Trump signs legislation to raise the legal age...

President Donald Trump signs legislation to raise the legal age to buy tobacco in the United States from 18 to 21. The amendment to the Federal Food, Drug, and Cosmetic Act will come into effect within the next three to six months, reflecting efforts to address public health concerns and reduce tobacco use among young adults.

Thursday, 26 December, 2019

Algerian President Abdelmadjid Tebboune appoints Abdelaziz Djerrad, a former professor...

Algerian President Abdelmadjid Tebboune appoints Abdelaziz Djerrad, a former professor at the University of Algiers, as the new Prime Minister of Algeria. Djerrad is tasked with forming a new government. He has previously served as the director of the national school of administration in Algiers and is known for his expertise in political science.

Friday, 27 December, 2019

Fausta, the world's oldest rhinoceros, passes away in Tanzania at...

Fausta, the world's oldest rhinoceros, passes away in Tanzania at the age of 57. Fausta, an eastern black rhino, lived freely in the Ngorongoro crater for over 54 years before requiring specialized care in her final years due to health issues. She never had calves, which may have contributed to her remarkable longevity. Her death marks the end of an era for conservation efforts in Ngorongoro.

Saturday, 28 December, 2019

Ghana's President Nana Akufo-Addo announces the adoption of the eco...

Ghana's President Nana Akufo-Addo announces the adoption of the eco as Ghana's new currency. He insists to currency union members that the eco should not be pegged to the euro, emphasizing the importance of an independent monetary policy for Ghana's economic stability and growth.

Sunday, 29 December, 2019