Women of Steel business conference inspiring and empowering womenBeloved Collier County bus driver retires after 20 years
NAPLES Women of Steel business conference inspiring and empowering women Focused, hardworking, empowered. These women have made a name for themselves as Women of Steel.
NAPLES Beloved Collier County bus driver retires after 20 years After 20 years of getting kids to school safely, a beloved Collier County bus driver is retiring.
Wade Wilson has new death row mugshot Convicted double-killer Wade Wilson has a new death row mugshot.
SOUTHWEST FLORIDA Sizzle Dining is back in SWFL It’s Sizzle Season! Local restaurants are ready to welcome new faces by offering exclusive menu deals to attract new customers.
PORT CHARLOTTE Player of the Week: Logan Flaherty Port Charlotte’s QB found the endzone twice himself and had two passing touchdowns in the Pirate’s week two victory over North Fort Myers.
CAPE CORAL Cape Coral police investigating scooter crash Authorities are investigating a crash in Cape Coral that injured a scooter rider.
FORT MYERS BEACH Fort Myers Beach artist’s paint supplies dumped in canal Rogers is a local artist who has painted iconic Fort Myers Beach landmarks like the pier. Sadly, his supplies were taken away, and now he needs your help finding them.
NORTH FORT MYERS Bodycam footage shows deputies respond to NFM alligator attack Lee County Sheriff’s Office has released the bodycam footage as deputies arrive on the scene in North Fort Myers after a gator bit a woman walking her dog near a pond on Thursday night.
Modified form of herpes virus used for melanoma treatment The skin cancer melanoma is one of the most common and serious cancers in the U.S. It can be life-threatening in as little as six weeks.
LEHIGH ACRES SR 82 shut down in Lehigh Acres after 1 killed in 4-vehicle crash State Road 82 is closed in both directions at the intersection of Harcourt Avenue due to a multi-vehicle crash with injuries and one fatality.
Florida Boy Burger Co. opens first restaurant in Fort Myers For the owners of Florida Boy Burger Co., defining the Sunshine State has less to do with beaches and Jimmy Buffett and more to do with swamps, walking through the woods, hunting and fishing.
PUNTA GORDA Body found in Charlotte Harbor A marine unit is searching waters in Charlotte County after a body was reportedly found.
WASHINGTON (AP) Harris raised $361 million in August from nearly 3 million donors, campaign says Vice President Kamala Harris raised well more than double what former President Donald Trump took in from donors in August, her campaign announced Friday, saying it raised $361 million from nearly 3 million donors in her first full month as a candidate.
NEW YORK (AP) Judge delays Donald Trump’s sentencing in hush money case until after November election A judge agreed Friday to postpone Donald Trump’s sentencing in his hush money case until after the November election
CAPE CORAL City of Cape Coral approves adding speed detection cameras for school zones After years of concern from parents and the community in Cape Coral, the city is finally taking action.
NAPLES Women of Steel business conference inspiring and empowering women Focused, hardworking, empowered. These women have made a name for themselves as Women of Steel.
NAPLES Beloved Collier County bus driver retires after 20 years After 20 years of getting kids to school safely, a beloved Collier County bus driver is retiring.
Wade Wilson has new death row mugshot Convicted double-killer Wade Wilson has a new death row mugshot.
SOUTHWEST FLORIDA Sizzle Dining is back in SWFL It’s Sizzle Season! Local restaurants are ready to welcome new faces by offering exclusive menu deals to attract new customers.
PORT CHARLOTTE Player of the Week: Logan Flaherty Port Charlotte’s QB found the endzone twice himself and had two passing touchdowns in the Pirate’s week two victory over North Fort Myers.
CAPE CORAL Cape Coral police investigating scooter crash Authorities are investigating a crash in Cape Coral that injured a scooter rider.
FORT MYERS BEACH Fort Myers Beach artist’s paint supplies dumped in canal Rogers is a local artist who has painted iconic Fort Myers Beach landmarks like the pier. Sadly, his supplies were taken away, and now he needs your help finding them.
NORTH FORT MYERS Bodycam footage shows deputies respond to NFM alligator attack Lee County Sheriff’s Office has released the bodycam footage as deputies arrive on the scene in North Fort Myers after a gator bit a woman walking her dog near a pond on Thursday night.
Modified form of herpes virus used for melanoma treatment The skin cancer melanoma is one of the most common and serious cancers in the U.S. It can be life-threatening in as little as six weeks.
LEHIGH ACRES SR 82 shut down in Lehigh Acres after 1 killed in 4-vehicle crash State Road 82 is closed in both directions at the intersection of Harcourt Avenue due to a multi-vehicle crash with injuries and one fatality.
Florida Boy Burger Co. opens first restaurant in Fort Myers For the owners of Florida Boy Burger Co., defining the Sunshine State has less to do with beaches and Jimmy Buffett and more to do with swamps, walking through the woods, hunting and fishing.
PUNTA GORDA Body found in Charlotte Harbor A marine unit is searching waters in Charlotte County after a body was reportedly found.
WASHINGTON (AP) Harris raised $361 million in August from nearly 3 million donors, campaign says Vice President Kamala Harris raised well more than double what former President Donald Trump took in from donors in August, her campaign announced Friday, saying it raised $361 million from nearly 3 million donors in her first full month as a candidate.
NEW YORK (AP) Judge delays Donald Trump’s sentencing in hush money case until after November election A judge agreed Friday to postpone Donald Trump’s sentencing in his hush money case until after the November election
CAPE CORAL City of Cape Coral approves adding speed detection cameras for school zones After years of concern from parents and the community in Cape Coral, the city is finally taking action.
American flags at a Charlotte County park. (Credit: WINK News) The world economy is slowing. In past recessions, fast-growing emerging markets have helped bail out the global economy. But there’s one thing standing in the way of history repeating itself this time: the strong US dollar. As global growth slows and the United States’ economy shows signs of weakness, investors are looking for places where their money will grow. Emerging markets, such as South Korea, Brazil or India, are riskier to invest in but often grow faster than developed nations like Germany or the US. They also tend to be export-driven and often tied to commodity price moves. In the recession following the financial crisis, China provided a boost for the global economy, growing nearly 9% on the back of strong domestic spending. “Without China, global growth would have been negative in 2009,” said Bank of America strategist David Hauner in a note. But circumstances have changed in the past decade. China probably won’t be the knight in shining armor this time. The country’s economy is slowing too and it is more highly leveraged than it was a decade ago. It will be hard for other emerging markets to step in and help avoid a global recession as long as the US dollar remains strong: Emerging economies tend to borrow in dollars. These countries are uniquely vulnerable to a strong greenback, which can make their debts more expensive. A weaker US currency could alleviate that strain and allow emerging markets to grow faster, perhaps keeping the world out of a global growth recession. The Federal Reserve is gradually lowering rates, which could help to weaken the greenback. But it hasn’t exactly been moving with any urgency so far — certainly not as quickly as US President Donald Trump would like. “Emerging markets can help to ‘save the world’ in this downturn, but this requires a weaker US dollar and thus a much more dovish Fed,” said Hauner. Developed countries like the United States and its European peers are also increasingly worried that their ultra-low interest rate policies aren’t actually stimulating any growth. Japan has been the prime example of that, and investors are now talking about the Japanification of Europe. The US economy is expanding at a faster pace than its rivals, but growth is still slowing. The Federal Reserve is meeting next week, and the chances of another quarter percentage point interest rate cut are over 90%, according to the CME FedWatch Tool. Whether this will be enough to knock the dollar remains to be seen. Currencies commonly weaken during periods of loser monetary policy. Complaints about the strength of America’s currency have mounted this year. From Trump to Democratic presidential candidate Elizabeth Warren, critics say the strong buck makes US goods less competitive on the global market. The often-cited ICE US Dollar Index, which measures the currency against six rivals, is actually only up 1.6% this year. But a look at specific emerging currencies shows a different picture. The dollar is up 1.9% against India’s rupee, 4.1% against Brazil’s real, and 5.5% against the South Korean won since the start of the year — to a large extent because of the trade war. Making matters worse, emerging economies borrow mostly in dollars, while their biggest customers mostly pay in euros, Hauner said. So these countries are also uniquely exposed to the euro-dollar exchange rate. This year, the shared European currency has fallen 3.2% against the greenback.