Contrary to what the overwhelming majority of Cubs fans look like, I’m not quite ready to send Jed Hoyer back to the sun. Not yet. I think we have to take a wait-and-see approach until the next offseason, see if the team takes meaningful and substantial steps to improve and …
Read More »Three Ways to Look at Inflation
“Inflation” is a buzzword these days. No matter where you turn, inflation news is hard to miss. Even if you never pay attention to the news or go online, if you buy something, you will notice the higher prices. Whether at the pump, in the supermarket or elsewhere, there is …
Read More »How Inflation Erodes The Value Of Your Money – Forbes Advisor UK
The inflation rate has made headline news in the last few months, reaching its highest level – 9% – in 40 years. Rising food and energy prices have contributed to the current squeeze on the cost of living, together with the Bank of England increasing interest rates to try to …
Read More »Amber Heard was spotted shopping at TJ Maxx and people think she’s broke
I guess her lawyers weren’t lying when they said Amber Heard didn’t have the money to pay what she now owes Johnny Depp. Amber Heard was recently spotted out shopping for TJ Maxx with her sister, Whitney Henriquez. Now, there’s nothing wrong with TJ Maxx. I definitely shop there. But …
Read More »Rupee rises 12 paise to 77.93 against the dollar as crude oil prices fall
The rupiah strengthened 12 paises to 77.93 against the US dollar at the opening of trade on Monday, as lower crude oil prices supported the local unit. However, continued outflows of foreign funds, a lackluster trend in domestic equities and a strong U.S. dollar …
Read More »Hong Kong SAR braves the elements and does well until the end
A poster celebrating the 25th anniversary of Hong Kong’s return to the motherland is seen on a bus in Hong Kong, June 15, 2022. [Photo by Zou Hong/China Daily] The 25th anniversary of Hong Kong’s return to China is being celebrated with great fanfare and cautious jubilation. However, in some …
Read More »Hong Kong SAR braves the elements and does well until the end – Opinion
A poster celebrating the 25th anniversary of Hong Kong’s return to the motherland is seen on a bus in Hong Kong, June 15, 2022. [Photo by Zou Hong/China Daily] The 25th anniversary of Hong Kong’s return to China is being celebrated with great fanfare and cautious jubilation. In contrast, in …
Read More »Hometown Heroes: ‘Friendship, love, truth’ – a guiding motto for Epsom’s David Lent
He can’t speak for the Freemasons, but when it comes to the Odd Fellows, David Lent of Epsom promises that there is no clandestine and infamous message hidden somewhere in the currency of the United States. The NEOFA (North East Odd Fellows Association) Camp Director has spent nearly 30 years …
Read More »FY’23 budget: price protection and rationalization
Zaidi Sattar | Published: June 19, 2022 8:13:03 PM | Updated: June 19, 2022 8:23:17 PM Not every budget is a single policy document. For Bangladesh, the FY2023 budget is the culmination of more than 50 years of courageously tackling formidable development challenges to make the country a successful development …
Read More »Introducing the Buna Payment Platform in the Middle East and Africa
Buna is the payment system that aims to transform the Arab world across the Middle East and Africa (MEA). But what is it exactly and how has it evolved? Property of the Arab Monetary Fund The Arab Monetary Fund (MFA) is a regional Arab organization headquartered in Abu Dhabi, United …
Read More »Loyalty Ventures Inc. Provides – GuruFocus.com
DALLAS, June 08, 2022 (GLOBE NEWSWIRE) — Loyalty Ventures Inc. (LYLT), a leading provider of data-driven consumer loyalty technology solutions, today provided an update on its program developments AIR MILES Reward (“AIR MILES MILES”). The company disclosed that its segment of the AIR MILES Reward Program and AIR MILES sponsor …
Read More »Event organized to promote awareness of elder abuse | News, Sports, Jobs
(Photo by Michele Newbanks) June is Elder Abuse Awareness Month and the color purple is worn to show support for the abused. Elisha Congleton, Deanna Green, Lori Hart and Kaleena Kelly wore purple at an awareness event Saturday at Buckeye Hills Regional Council. An elder abuse …
Read More »Dow drops nearly 200 points as US stocks fall in volatile trade
U.S. stocks fell late Friday morning with the Dow Jones Industrial Average down more than 200 points as markets headed for their worst weekly decline since the start of 2020. How are stock index futures traded? S&P 500 SPX, -0.15% fell 26.4 points, or 0.7%, to 3,640. Dow Jones DJIA …
Read More »Speech by Paschal Donohoe after the Eurogroup meeting of June 16, 2022
I want to start by wishing you all a happy Bloomsday. Today, 100 years ago, James Joyce’s great masterpiece Ulysses was published in Dublin. To mark this special day in European and Irish literature, I presented each member of the Eurogroup with a copy of Ulysses in their own language. …
Read More »Can black cops change police culture in Tampa?
When Wyche received the following August letter informing him of the conclusion of the investigation, he felt that a target had been placed on his back. Police officers who report their colleagues often face reprisals. Last year, USA Today reporters identified 300 examples of officers who had reported misconduct over …
Read More »Biggest U.S. rate hike in nearly 30 years
This is an audio transcription of the FT press briefing podcast episode: Biggest U.S. rate hike in nearly 30 years Marc FilipinoHello from the Financial Times. Today is Thursday, June 16, and it’s your FT News Briefing. The Federal Reserve approves the largest U.S. interest rate hike in nearly 30 …
Read More »Dollar eases ahead of Fed interest rate decision
NEW YORK, June 15 (Reuters) – The dollar fell slightly against a basket of currencies on Wednesday but remained close to a two-decade high hit in the previous session as traders awaited a rate decision. interest from the US Federal Reserve later in the session. An ad hoc policy meeting …
Read More »Where is the Muslim community going?
Hyderabad: Not so long ago, the royal city of Hyderabad was famous for its communal harmony, generosity and spirit of helping one another in times of adversity. But sadly, an evil eye has cast its spell as the city has been making headlines lately for all the wrong reasons. Three …
Read More »Defusing debt risks – Opinion
Collective actions are needed to maintain financial stability in Asia SONG CHEN/CHINA DAILY Asian developing countries are facing a serious debt situation. The current debt-to-GDP ratio of developing countries in Asia is much higher than the international red line for developing countries of 60%. According to the International Monetary Fund, …
Read More »The Social Security bill would give seniors an additional $2,400 a year. Here’s how it would work.
Seniors and other Social Security recipients in the United States are being hit hard by inflation, which has outstripped their benefit increases this year. Now, some lawmakers have a plan to increase Social Security payments by $2,400 per beneficiary per year, while bolstering the program financially. The law on the …
Read More »The opportunistic window is rapidly shrinking for businesses
Call it deliberate optimism, but some bankers are still mulling the possibility of a deal in the corporate market before the Federal Reserve makes its final rate announcement. No company has issued since June 8, when Merck, A2A and Duke Energy raised a total of 2.7 billion euros. A bank …
Read More »Fixed-income securities, rates and currencies: disappearance of safe havens | Features
Risky markets have had a torrid time lately. “Risk-free” government bond markets offer no safe haven in these storms, with steepening curves and considerable volatility in longer rates. It seems clear that the U.S. Federal Reserve, charged with a dual mandate, is prioritizing fighting inflation over achieving maximum employment, which …
Read More »The US dollar and Russian ruble are trading at all-time highs as currency markets remain unaffected by inflation concerns
As broader financial markets worry about inflation and possible further tightening, the U.S. dollar hit its highest level since November 2002. Specifically, the trade-weighted U.S. dollar index hit a 20-year high, an index that measures the performance of the dollar against a basket of other currencies, including the euro, yen …
Read More »EUR/USD nears yearly low with Fed rate hike at hand
EUR/USD Rate Talking Points EUR/USD is trading towards a new monthly low (1.0400) as it extends last week’s series of lower highs and lower lows, and the exchange rate looks set to test the yearly low (1.0349) as the Federal Reserve is widely expected to apply higher interest rates on …
Read More »The European Central Bank is trapped. Here’s why.
Several of the major central banks are caught in a trap of their own making. This includes the US Federal Reserve, Bank of Japan, European Central Bank and others. The credit-based global financial system that we have built and participated in over the past century must continually grow or die. …
Read More »“More aggressive” Fed tightening on pressure on the rupiah, already at an all-time low; 80 per likely dollar
Record rupee at even lower level; 80 per dollar not too far The rupee fell to a new all-time low of 77.93 against the dollar on Friday amid expectations of aggressive tightening from the US Federal Reserve after data showed inflation hit a more than four-fourth high. decades. “A phrase …
Read More »Hotel Stocks: It’s time to check hotel stocks; Indian Hotel, Lemon Tree could yield 26-30% in 1 year; here’s why
The hospitality sector is poised for robust growth over the next few quarters thanks to a strong recovery in the Leisure segment, improved traction in business travel, a recovery in international travel and improved MICE (meetings, incentives, conferences and exhibitions) activity. The hospitality industry has seen an upturn in demand …
Read More »India’s foreign exchange reserves fall to $601 billion after two consecutive weekly increases
Data provided by RBI showed that India’s total foreign exchange reserves stood at $601.057 billion in the week ending June 3, 2022, down $306 million from $601.363 billion. dollars the previous week. Meanwhile, foreign currency holdings decreased by $208 million in the week under review to $536.779 billion from $536.988 …
Read More »Investing by hedging: A safe bet to save in a context of runaway inflation – EXPLAINED
Inflation rates in India have reached unprecedented levels. Annual inflation was 6.95% in March 2022, the highest since October 2020. Higher-than-expected inflation prompted the government to resort to calibrated measures to rein in prices and the RBI to raise the key rate . twice in just 36 days. The high …
Read More »Speaker Mayor Adams Reaches Quick Deal for a Balanced and Responsible Budget for Fiscal Year 2023 – Harlem World Magazine
New York City Mayor Eric Adams, New York City Council Speaker Adrienne Adams, New York City Council Finance Chairman Justin Brannan and City Council members. Today announced an agreement for an early and balanced municipal budget for fiscal year 2023 (FY23). The budget protects the city’s fiscal health by building …
Read More »Inflation fuels fears of foreign exit
Inflation fuels fears of foreign exit Rate hikes could cause an exodus from the market Stock analysts expect foreign funds to exit the Thai stock market after inflation hit a 13-year high of 7.1% in May as the Bank of Thailand faces rising prices, to potential increases in interest rates …
Read More »Why Zimbabwe’s De-Dollarization Road Failed
The Zimbabwean government has announced measures to promote wider use of the national currency (Zimbabwean dollar) in a last-ditch effort to save it from the onslaught of re-dollarization. Part of the measures now oblige businesses and individuals to pay customs and import duties in local currency using the interbank rate …
Read More »The Tiny Shelter Monopoly – The Outsider
AOn June 6 at 10:44 a.m., Julia was no longer welcome at the Interbay Tiny House Village. But in a twist later that day, the Low Income Housing Institute (LIHI) cleared her to return to her shelter. Although she’s inside now, the hours between those two decisions were marked by …
Read More »Lightning In A Bottle is a sanctuary where all are welcome
Photo credit: Six Degrees Creative This year’s edition of Lightning In A Bottle has proven to be the most vibrant yet, with a unifying community bound together by a love of music and art. There’s your mundane music festival, then there’s a transformational experience holding a piece of heaven for …
Read More »ECB to firm up plans to deal with tensions in bond markets
The European Central Bank is set this week to step up its commitment to support debt markets in vulnerable eurozone countries if they are hit by a selloff, as policymakers prepare to raise rates for the first time in over a decade. A majority of the board’s 25 members are …
Read More »The risks of a stronger dollar
Volatility in US stock and bond markets stemming from the Federal Reserve’s monetary policy tightening spilled over into global currency markets, with the US dollar surging against its global rivals. So far this year, the dollar is up around 6.5% against a basket of other major currencies, having recently given …
Read More »EUR/USD under pressure in key resistance, focus turns to ECB
EUR/USD is starting flat in the open, licking wounds from Friday’s selloff. The ECB will be at the center of concerns in the coming week. At 1.0721, EUR/USD is stable early in the day ahead of what could be a busy week with the European Central Bank underway and with …
Read More »5 people arrested as police stop gang circulating counterfeit notes in Jagtial
Posted: Date Posted – 7:15 PM, Sun – Jun 5, 22 Representative picture Jagtial: Jagtial police broke up a counterfeit money circulation gang and arrested five of its members. Counterfeit notes worth Rs 15 lakh and original banknotes worth Rs 3 lakh were recovered. Producing the accused to the media …
Read More »U.S. Dollar Rising After U.S. Job Growth Beats Expectations
The U.S. dollar edged higher against a basket of currencies on Friday after a better-than-expected U.S. jobs report indicated a tight labor market that could lead the U.S. Federal Reserve to opt for interest rate hikes. interest. Nonfarm payrolls increased by 390,000 jobs last month, the US Department of Labor …
Read More »Russia consolidates gains on territory seized from Ukraine
A woman runs from a burning house after a shelling in Donetsk, in the territory under the control of the government of the Donetsk People’s Republic in eastern Ukraine (Alexei Alexandrov/AP) Russia seems increasingly unwilling to give up the territory it took in the war with Ukraine. The ruble is …
Read More »Myles Truitt Parents, Ethnicity, Wiki, Biography, Age, Height, Siblings, Girlfriend, Net worth and more
Myles Truit (born February 1, 2002, age: 20 years oldlisten)) is a popular American actor who began his acting career as a teenage entertainer. He is also famous with another name like B-Mickie due to his famous role in the (Black Mafia Family) TV series “BMF”. In 2022, he gets …
Read More »Avoid the current crypto bear market with Gnox Token (GNOX) and Ripae Finance (PAE)
The bears have tightened their grip on the cryptocurrency market, causing increased volatility and extreme selling pressure for investors. Major crypto tokens have lost up to two-thirds of their value from their all-time highs. The previous crash has shaken investor confidence in various crypto segments. However, market participants are bullish …
Read More »To dollarize or not to dollarize?
Melody ChikonoLAST week the Zimbabwe Independent hosted a “The Great Debate” event to discuss differing views on the currency issues facing the economy. As inflation hit 131.7% in May, a number of people are calling for a single currency, opting for the US dollar which they say preserves value. Economists …
Read More »US, Taiwan to deepen trade ties, plan June meeting in Washington
Placeholder while loading article actions The United States and Taiwan have unveiled a new plan to deepen trade relations with a focus on ending forced labor and ‘harmful non-market policies and practices’ as Washington and Beijing vie for influence in the region . The plan – known as the US-Taiwanese …
Read More »Budgeting for life and livelihoods
Over the past two years, many expected the budget to be crafted with three perspectives in mind: the economics of people’s lives and livelihoods; ethical aspect regarding the legalization of black money at a significantly reduced tax rate, without any questions or penalties; and the need to think outside the …
Read More »Elkins man charged with keeping drugs in warehouse | News, Sports, Jobs
Cave ELKINS – An Elkins man has been arrested and charged with keeping drugs and cash in a warehouse. Joshua Ervin Cave, 42, was charged with possession with intent to deliver (methamphetamine) and possession with intent to deliver (heroin). He is being held at Tygart Valley …
Read More »What is a BAT or Basic Action Token?
BAT is a token that can be used to make an action more efficient. BAT is a small reward that you can use to increase the efficiency of your action in the game. BAT are most commonly earned by playing cards, but some cards will allow you to earn them …
Read More »Hong Kong IPOs raise over $82.8bn after national security law: finance chief
HKEX file photo Hong Kong’s national security law, which came into force on June 30, 2020 following protracted social unrest the previous year, has further cemented the city’s role as an international financial hub, Secretary Paul Chan finance from the Hong Kong Special Administrative Region (HKSAR), said on Sunday. Writing …
Read More »Moody’s confirms Kuwait’s A1 rating
Moody’s Investors Service (“Moody’s”) has affirmed the Government of Kuwait’s long-term local and foreign currency issuer rating at A1. The outlook remains stable. The decision to affirm the ratings is supported by Moody’s assessment that Kuwait’s balance sheet and fiscal reserves will remain strong for the foreseeable future, which preserves …
Read More »Fed won’t flinch as labor market begins to falter: Eco Week
(Bloomberg) – The upcoming U.S. jobs report is expected to show that the labor market, while still tight, may begin to transition to more moderate payroll growth from outsized monthly advances. Payrolls likely rose by around 325,000 in May after rising by 428,000 in each of the previous two months, …
Read More »RBI’s forex asset basket widens amid uncertainty
TNN Mumbai: The Reserve Bank of India (RBI) will explore portfolio diversification through new asset classes and new markets for managing foreign exchange reserves, the central bank has said. In FY22, the RBI added 61.6 metric tons (MT) of gold, whereby its total gold holdings increased to 760 MT. The …
Read More »Southern Ukraine holds the key to Putin’s dreams of a new Russian empire
The biggest European battles since World War II are currently raging in eastern Ukraine. However, with international attention firmly focused on the monumental Battle of Donbass, the ultimate outcome of the Russian-Ukrainian war is likely to be decided hundreds of miles to the south. When the war began on February …
Read More »Empowering businesses to help the poor
A An English folk fairy tale tells us of an old woman living in what must have been a gargantuan shoe with her twelve exuberant children. As far as fairy tales go, thirteen people cramped in a giant shoe isn’t too much of a stretch. However, this story may not …
Read More »Improving Japanese Yen outlook weighs on USD/JPY, GBP/JPY and others
Emerging Consensus Suggests USD/JPY Has Peaked Faltering Risk Appetite and Economies Take the JPY Short Could keep GBP/JPY, AUD/JPY and others on their feet Image © Leonid Andronov, Adobe Stock The yen hit month-to-month highs against the dollar this week, but a brighter outlook for the Japanese economy and currency …
Read More »NZD/USD struggles near 0.6500 and back towards 0.6460, despite risky mood
NZD/USD is back to weekly highs at 0.6518, although the RBNZ raised rates on Wednesday. The Fed minutes confirmed that all participants were in agreement on increases of 50 basis points for the June and July meetings. NZD/USD Price Prediction: A “bearish harami” in the daily chart is looming, once …
Read More »Innovative crypto stablecoins – still infancy and experiencing growing pains
Gold-plated souvenir cryptocurrency Tether (USDT), Bitcoin and Etherium coins arranged next to a … [+] screen displaying a trading chart. – Tether (USDT) is an Ethereum token known as a stablecoin that is pegged to the value of the US dollar, and is currently the largest stablecoin with a market …
Read More »Sri Lankan PM takes on dual role to save country from debt
Colombo: Sri Lanka’s new prime minister, Ranil Wickremesinghe, will also serve as finance minister and lead bailout talks with the International Monetary Fund. Wickremesinghe held talks with foreign envoys, including from India, China and the United States, and discussed with representatives of the Asian Development Bank and the World Bank …
Read More »The rupee up 5 ps at 77.52 against the dollar amid a firm trend in domestic equities
The rupee appreciated 5 paise to 77.52 against the US dollar in Wednesday’s opening session as the firm trend in domestic equities boosted investor confidence. However, soaring global crude prices and relentless foreign capital outflows have limited the local unit’s appreciation bias, traders said. On the interbank exchange, the …
Read More »Cryptocurrency is trying to regain your trust
Trust in the cryptocurrency industry has been fractured more than ever during the current crypto crash, in which investors have lost an estimated $800 billion in less than two months. The industry is trying to rebuild its reputation with the cement of “transparency,” a buzzword that is currently everywhere. The …
Read More »Indigenous Families Receive Food Baskets – MissionNewswire
Operation Mato Grosso provides 300 food baskets to indigenous Xavante families BRAZIL (MissionNewswire) Operation Mato Grosso, led by the Salesians, with the help of Italian benefactors, provided 300 baskets of food to the indigenous Xavante families in the villages of Campinápolis, Brazil. Operation Mato Grosso is led by Vanderlei Miranda …
Read More »Crypto Exchanges Grapple With Aftermath of Bankruptcy Filing | Patterson Belknap Webb & Tyler LLP
In the world of cryptocurrency, exchanges act as intermediaries allowing investors to buy and sell assets while earning money through commissions and transaction fees. All assets purchased may be held in non-custodial or custodial wallets. If a client chooses a custodial wallet, the platform holds and manages the assets via …
Read More »Russia’s transport minister says sanctions have ‘virtually broken all’ logistics corridors for trade
It has been almost three months since Russia invaded Ukraine – a 12-week period in which Russian forces wreaked havoc on the country and its people, resulting in widespread death and causing millions to flee of people. But the invasion was not the army success that Moscow hoped for, and …
Read More »My Town – Handicrafts and Herbal/Organic Products in Monsoon Brand Nepal 2022 Carnival Edition
Kathmandu, Whether you want to give gifts to your loved ones or want to treat yourself, handicrafts must be your first choice. So when you visit The Brand Nepal 2022, today, you will see many Nepalese handicraft brands waiting for you. Organized by Radio Nagarik, you can see the following …
Read More »ED turns to Polad for cost-effective solutions
President Emmerson Mnangagwa BY MASAU PROBLEMEMBATTLED President Emmerson Mnangagwa has turned to members of the Policy Stakeholders Dialogue (Polad) to help him stop the economic turmoil characterized by soaring prices of goods and services. Speaking after meeting Polad directors at State House on Thursday, Mnangagwa acknowledged the country was in …
Read More »As supply rises and mortgage rates rise, U.S. home sales fall to lowest since June 2020, plunge in coastal California metros
Sales at the top are strong. The bottom falls in the rest of the market. “Rising interest rates and rising house prices have lowered demand for housing.” By Wolf Richter for WOLF STREET. In the United States, sales of used homes – houses, condominiums and townhouses – fell 2.4% in …
Read More »Lebanon unlikely to comply with Interpol’s request to hand over Carlos Ghosn to French authorities
AMMAN: The Jordanian army announced that it had killed four people who were trying to smuggle “large quantities” of drugs into the country from Syria. A Jordanian Armed Forces source said troops on Jordan’s eastern border with Syria opened fire on people trying to infiltrate the kingdom, killing four and …
Read More »Moscow will build new military bases on the Western front in “response to NATO”
Jhe United States and Russia blamed each other on Thursday for the worsening food situation around the world as the war in Ukraine unfolds. Washington has called on Russia to allow Ukrainian grain exports stuck in Black Sea ports. Ukraine is one of the world’s leading producers of wheat. “Stop …
Read More »Analysis: The pain of food inflation puts emerging markets between a rock and a hard place
LONDON/ISTANBUL/CAIRO: As with millions of people in developing and emerging countries around the world, buying basic foods has gone from a necessity to a luxury for Selcuk Gemici. The 49-year-old, who works at a car repair shop in Turkey’s biggest city, Istanbul, and lives with his wife and two children …
Read More »Stocks tumble after retail giants sound stagflation alarm
Bond markets rallied on the dive for safety and on bets that interest rate hikes could be recalibrated, but it was gloom that hit stocks after Wednesday wiped out $25 billion from the shares of US retail giant Target which topped the stock. [.N] Wall Street, which haemorrhaged $1.5 trillion …
Read More »XAU/USD Benefits from Softer Dollar, Lower US Yields and Visual Test of 200DMA
Gold is higher amid risky flows, a weaker dollar and weaker US yields. XAU/USD is again eyeing a test of its 200-DMA around $1,837. Spot gold prices (XAU/USD) are trading around $1,830 per troy ounce and are eyeing a test of the 200-day moving average again around $1,837, after gaining …
Read More »Dollar breaks Tk 100, but still ‘hard to find’
Many people who visited banks and exchange offices in Dhaka for the dollar on Tuesday could not find one as its price on the open market rose by at least Tk 5 to Tk 102, the highest rate in the history of Bangladesh, according to traders from Gulshan, Gulistan, Paltan …
Read More »Start of sales in the South American district of Minsk World. The best prices are now!
Do you want to protect your savings from inflation by investing in luxury real estate, the hardest currency of our time? Welcome to the new South American district of the Minsk World multifunctional complex where sales begin in the new comfortable homes Buenos Aires, Havana, Caracas soon. The prices are …
Read More »Protect your portfolio against recession with XHYD
IIs the US economy headed for a recession? Many Wall Street analysts and industry veterans seem to think it’s a very real possibility, including former Goldman Sachs CEO Lloyd Blankfein. Speaking with “Confront the Nationon CBS News on Sunday, Blankfein said there was a “very, very high risk” that the …
Read More »The upward pressure on prices will continue in all sectors; Know why
Inflation is becoming one of the hottest topics in the country, with CPI growth figures hitting their highest level in eight years in April. Now, rising retail inflation has also started to be reflected in product MRP across all segments. FMCG products, such as soap, shampoo and cookies, manufactured items …
Read More »Carol Perry: Uncertainty causes anxiety
Carol Perry By Carol Perry Sunday, May 15, 2022 I got a license to trade securities in 1990 with IDS financial services, but only stayed there briefly due to my dislike of cold calling.I applied for a job with Bank of America Investment Services during a campaign to increase female …
Read More »The IMF increases the weighting of the dollar and the yuan in the basket of the SDR
The International Monetary Fund (IMF) raised the weighting of the dollar and Chinese yuan in its basket of special drawing rights (SDRs) following a review of the currencies that make up the international reserve asset. The IMF raised the weighting of the US currency to 43.38% from 41.73% and that …
Read More »Tips for Rogue Lords Beginners
Rogue Lords is an ultra-challenging and downright scary roguelite game where players must guide the Devil and his devious villains through a medieval fantasy world while trying to put an end to Sanctua Lumen and the Demon Hunters. Taking control of Dracula, Bloody Mary, the Headless Horseman and a plethora …
Read More »The rupee gains 1 paisa to close at 77.49 against the US dollar
On a weekly basis, the rupee depreciated by 57 paise due to a stronger dollar index, risk aversion sentiment and outflows of foreign funds. On a weekly basis, the rupee depreciated by 57 paise due to a stronger dollar index, risk aversion sentiment and outflows of foreign funds. The Rupee …
Read More »Why Zim’s dedollarization failed – The Zimbabwe Independent
Victor BhoromaTHE Zimbabwean government has announced measures to promote wider use of the national currency (Zimbabwean dollar) in a last ditch effort to save it from the onslaught of re-dollarization. Part of the measures now requires businesses and individuals to pay customs and import duties in local currency using the …
Read More »Tariffs: what are the official figures to justify the new increases in electricity and gas
After the two public hearings to define the the new gas and electricity tariffs, This Thursday, May 12, the process of segmentation by which the Government seeks to move forward in the abolition of energy subsidies agreed with the International Monetary Fund (IMF). In the midst of the internal battle …
Read More »10 key lessons on the HKEX
Recently, we invited Eric Li from Phillip Securities to provide the Selfwealth community with an overview of the ins and outs of the HKEX, as well as key trends and prospects in the Hong Kong stock market. You can watch the full webinar above, or you can dive deeper into …
Read More »The exception that makes the rule (About the rules)
The history of Eakinomics is filled with regulatory missteps, regulatory follies, and a paperwork-festooned economy. Every now and then, however, a surprise pops up. The Community Reinvestment Act (CRA) of 1977 was intended to prevent banks from discriminating against people in low-income areas. As Thomas Wade explained last week, the …
Read More »The climate-nutrition-agrifood system nexus in Uganda – Uganda
Climate change, nutrition and agri-food systems are major – but often distinct – areas of work in countries, in institutions and for development and support programs. More climate-resilient agri-food systems will require transformative changes at different levels, such as at the production level – with a shift towards sustainable agricultural …
Read More »Will Nvidia have to protect the RTX 40-series GPUs from the cryptomining craze?
The past few weeks have provided a well-deserved respite for PC gamers and computer builders after two pretty horrific years since the launch of the Nvidia Ampere and AMD RDNA2 graphics architecture. Where we once faced global shortages and skyrocketing prices thanks to a dastardly mix of different issues, it’s …
Read More »Crisis in Sri Lanka: Violence erupts in Sri Lanka after the departure of Mahinda Rajapaksa as PM. 10 dots
Sri Lanka is facing its worst economic crisis since independence with food and fuel shortages, soaring prices and power cuts affecting large numbers of citizens, leading to massive protests over the handling of the situation by the government. Economic crisis in Sri Lanka: 10 points Shots were fired from inside …
Read More »Ten stocks with growing dividends that offer better returns than GICs. Moreover, the forces behind the latest market sell-off
Demand for Guaranteed Investment Certificates is on the rise as investors take advantage of an emerging opportunity to earn a decent and safe return. GICs maturing in three to five years can be had with returns of 4% or slightly more in early May. If you stay within the deposit …
Read More »Benchmarks slip for Day 2, Nifty settles at 16,301.85
Benchmarks ended with a modest decline on Monday, extended losses for the second day in a row. Weakness in global equities weighed on investor sentiment. With the exception of the Nifty IT index, all sector indices ended in the red. The media, PSU banks and oil and gas …
Read More »Footprints without footprints | THIS DAY LIVE
VIEW OF THE GALLERY BY MAHMUD JEGA All the men and women who paid tens or hundreds of millions of naira for expressions of interest and nomination forms in various political parties to run for president, did they stop for a minute and think about what they are negotiating for? …
Read More »Deadline extended for theater owners
Cinema owners across the country will now have until December 31 this year to apply for loans from the Tk 1,000 crore refinance scheme formed by the Bangladesh Bank. Yesterday through a notice, the banking regulator extended the deadline, which was due to end on March 31. For all the …
Read More »Benefit event for a 5th generation farming family | News, Sports, Jobs
DAIRY FARM FUNDRAISER: A fundraiser to help the Montgomery Dairy Farm will be held from noon to 4 p.m. at the Faces Show on May 15, 13 W. Broad St., Newton Falls. On February 5, the roof of one of Richard and Susan Montgomery’s newest barns collapsed due …
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