FRANKFURT -- Inflation in the eurozone will continue to fall after it plummeted in October, European Central Bank (ECB) Vice President Luis de Guindos said in an interview published at the bank's website on Thursday.

De Guindos described the evolution of inflation in the eurozone as "positive" as both headline inflation and core inflation have slipped considerably recently. (ECB-Europe-Inflation)

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WASHINGTON -- Initial jobless claims in the United States fell to 217,000 last week, after rising in the previous two weeks amid a slowing economy, the U.S. Labor Department reported on Thursday.

In the week ending Nov. 4, the number of Americans filing for unemployment benefits decreased by 3,000 from the previous week's revised level of 220,000, according to a report released by the department's Bureau of Labor Statistics. (U.S.-Jobless Claims)

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MOGADISHU -- The United Nations relief agency said Thursday it has released 25 million U.S. dollars to help Somalis affected by heavy rains and flooding across the country.

The UN Office for the Coordination of Humanitarian Affairs (OCHA) said the funds will support efforts to prevent loss of life, stem disease outbreaks and address food insecurity. (Somalia-Flood-UN Fund)

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LILONGWE -- The Reserve Bank of Malawi, the central bank, has announced the adjustment of the exchange rate for the Malawian kwacha from the selling rate of 1,180.29 kwachas to a selling rate of 1,700 kwachas to the United States dollar, representing a 44 percent devaluation of the kwacha.

The adjustment is effective from Thursday, according to a statement dated Wednesday, signed by Wilson Banda, governor of the Bank. (Malawi-Currency-Devaluation)

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JERUSALEM -- The absence of thousands of workers from their jobs due to the ongoing Israel-Hamas conflict has cost the Israeli economy 2.3 billion shekels (around 600 million U.S. dollars) a week, or six percent of the country's weekly GDP, Israel's central bank said on Thursday.

According to the analysis carried out by the bank, about 53 percent of the loss resulted from the absence of some 520,000 working parents due to the shutdown of schools and kindergartens. (Israel-Workers Shortage) Enditem

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