May 27, 2022
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Intervention Currency

Investing to deepen financial markets, pension funds challenged

by on May 24, 2022 0

the herald business journalist The government says the pension fund industry should direct more resources from the inflows it receives to investments that deepen the financial sector, such as venture capital, asset finance/leasing as well as investment bank. Zimbabwe’s pension industry, which has assets worth over $300 billion, is known to mobilize significant amounts...

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China needs open capital markets for yuan to become global currency, says IMF’s Gopinath

by on April 26, 2022 0

IMF Chief Economist Gita Gopinath speaks in her office in Washington, U.S., April 11, 2019. REUTERS/James Lawler Duggan Join now for FREE unlimited access to Register WASHINGTON, April 26 (Reuters) – If China wants its yuan to become a globally used currency, Beijing should have open capital markets and full currency convertibility, the...

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A Sober Look at Gold (NYSEARCA:GLD)

by on April 18, 2022 0

marsmeena29/iStock via Getty Images Following the market narrative around gold has been a foolish game. On the one hand, there are the narratives that gold is inversely related to real interest rates and since the latter are expected to rise, gold is therefore a poor and risky market. investment. There are also stories such...

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March hiring continues, markets rise

by on April 1, 2022 0

NEW YORK (AP) — Amazon workers in Staten Island, New York, voted Friday to unionize, marking the first successful U.S. organizing effort in the retail giant’s history. Warehouse workers cast 2,654 union votes, giving Amazon’s fledgling union enough support to secure a victory. According to the National Labor Relations Board, which oversees the process,...

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Middle East and War in Ukraine

by on March 19, 2022 0

Russian President Vladimir Putin meets Abu Dhabi Crown Prince Mohammed bin Zayed Al Nahyan in 2018. — Consortium News Arab regimes in the Gulf and other developing countries will adapt to a new world of changing power. This is no longer the world the United States shaped after the Cold War, writes As’ad Abu...

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Ukraine War News Feb 28: Russian forces shell Kharkiv, Ukraine clings to major cities, talks end without ceasefire

by on February 28, 2022 0

The UN has estimated more than 100 civilian casualties in Ukraine since the Russian invasion, including children, while 400,000 have fled the fighting, as the human rights commissioner says the world was at a “tipping point”. “The military attack on Ukraine puts countless lives at risk,” said Michelle Bachelet, High Commissioner for Human Rights,...

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Ukraine-Russia Crisis: Live Updates – The New York Times

by on February 20, 2022 0

Ukrainian President Volodymyr Zelensky, left, and German Chancellor Olaf Scholz, in Munich on Saturday.Credit…Alexandra Beier/Getty Images MUNICH — In an appeal that is sometimes bitterly critical of the West, Ukrainian President Volodymyr Zelensky on Saturday urged his allies to start imposing sanctions on Russia rather than waiting for an invasion, and he took aim...

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GoDaddy app offers mobile QR code payments

by on February 18, 2022 0

GoDaddy is offering a way to streamline payments for small businesses, both in e-commerce and in person, with QR codes for on-the-go transactions, a press release announced Tuesday, February 15. The release says the service would be ideal for small businesses, such as farmer’s market vendors who don’t want to invest in a point-of-sale...

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ADVERTORIAL: MC Systems Harnesses the Best Technologies for Business in 2022 | Business

by on February 16, 2022 0

ADVERTISING: MC SYSTEMS In 2021, business was characterized by a continuous overhaul of ways of working, as the world transformed to embrace life with COVID-19. This shift has catalyzed digital transformation across all verticals as leaders rely more on virtual space to maintain profitability while protecting work teams and contributing to the stability of...

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NOTICE | Mining, like other industries in South Africa, is tackling gender-based violence

by on February 14, 2022 0

Eradicating the issues plaguing the lives of women in mining requires not just words and policies, but concerted corporate action and intervention from the highest to the lowest, writes Minerals Council SA President Nolitha Fakude. The scourges of gender-based violence and femicide (GBVF), sexism, racism and bullying in the South African mining sector and...

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‘Incompetent’ Sturgeon not ready for Indyref2, warns ex-SNP MP

by on February 12, 2022 0

‘Incompetent’ Sturgeon not ready for Indyref2, warns ex-SNP MP NICOLA Sturgeon is hopelessly ‘ill-prepared’ for an independence referendum and should not even try to hold one next year, a former SNP deputy leader has claimed. Jim Sillars said “illusion” dominated the SNP-Green administration and its shortcomings had left the Yes movement without the materials...

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Inflation projections compared to international crude oil prices, says Shaktikanta Das

by on February 10, 2022 0

RBI Monetary Policy Live Updates: The Reserve Bank of India (RBI) on Thursday kept the benchmark repo interest rate unchanged at 4% while deciding to maintain its dovish stance amid high inflation. This is the tenth consecutive time that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained the status...

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Mexican billionaire says bitcoin is a better option than fiat money

by on February 3, 2022 0

Bitcoin is a better option than fiat currency, Mexico’s third-richest man, Ricardo Salinas, said in an interview. Bitcoin, Salinas said, is elusive and can be transferred instantly around the world, unlike fiat and the gold standard. “The gold standard has always been subject to government intervention,” Salinas said. “And fiat allows you to finance...

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A disrupted global recovery | MENAFN.COM

by on February 2, 2022 0

(MENAFN-Caribbean News Global) By Gita Gopinath The continued global recovery faces multiple challenges as the pandemic enters its third year. The rapid spread of the Omicron variant led to further mobility restrictions in many countries and increased labor shortages. Supply disruptions are still weighing on activity and contributing to higher inflation, adding to pressures...

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Why Do Crypto Investors Prefer Buying Bitcoin Over Other Digital Currencies? — Hometown Station | KHTS FM 98.1 & AM 1220 — Santa Clarita Radio

by on January 27, 2022 0

As the first cryptocurrency, Bitcoin is the most preferred investment choice for many people who are looking for an asset that will never be devalued. Due to its high volatility, new investors might consider it a risky investment. This robust digital currency offers users more freedom to exchange it without any intervention from financial...

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Wells Fargo and Rabobank Economists Forecast Continuing Supply Chain Problems

by on January 24, 2022 0

According to economists at Wells Fargo and Rabobank, strong US demand for goods and continued transportation and logistics challenges will lead to persistent supply chain challenges throughout the year. Speaking at the National Fisheries Institute’s 2022 Global Seafood Market Conference, Wells Fargo Chief Economist Tim Quinlan said strong U.S. retail sales, driven by rising...

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Coalition in Yemen kills over 280 Houthis in airstrikes on Marib and Al-Bayda

by on January 16, 2022 0

KHARTOUM: Sudanese doctors demonstrated on Sunday against violent attacks by security forces targeting medical personnel at pro-democracy rallies following last year’s military coup.“During each demonstration, they fire tear gas inside the hospital where I work,” said a doctor, Houda Ahmad, during the rally in Khartoum.“They even attack us inside the intensive care unit,” she...

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Office Laboratories Market Research Report by Modality, Service, Specialist, Region – Global Forecast to 2027

by on January 12, 2022 0

Office Laboratories market research report by modality (hybrid labs, multi-specialty labs and single specialty labs), by department (cardiac, endovascular and interventional radiology procedures), by specialist, by region (Americas, Asia- Pacific and Europe, Middle East and Africa) – Global forecasts to 2027 – Cumulative impact of COVID-19 New York, January 12, 2022 (GLOBE NEWSWIRE) –...

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Emerging economies “must prepare for Fed tightening and threats to global recovery”

by on January 10, 2022 0

The resurgence of the pandemic and the faster tightening of the US Federal Reserve pose risks to the global recovery and emerging economies should brace themselves for episodes of economic turmoil, according to the International Monetary Fund. In addition to the endemic variant of Omicron, pressures from the supply side and the Fed’s decision...

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January 2002: Greece enters the euro zone

by on January 5, 2022 0

The European Parliament commemorates the 20th anniversary of the euro. Credit / Wikimedia Commons It has been twenty years since Greece joined the euro zone, an anniversary that has been overshadowed by the spread of the omicron COVID-19 variant. 20 years ago this month, Prime Minister Costas Simitis went to an ATM and removed...

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The buzz surrounding the inclusion of Indian bonds in global indices is increasing; the net impact may be limited

by on January 3, 2022 0

One month away from the 2022-2023 Union budget, the noise around the inclusion of India’s sovereign bonds in global bond indices is intensifying. India is among the last of the major emerging markets (EM) to be included in global bond indices. With the second highest stock of government securities in circulation totaling $ 2.3...

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Monetary policy can help economic recovery | Business

by on December 12, 2021 0

Emerging Markets The tools of monetary policy can be classified into interest rate policy, reserve policy, lending operations, asset purchase programs and foreign exchange intervention. The central objective of central bank monetary policy in emerging markets is to ease financial conditions to allow credit to reach struggling firms, rather than boost aggregate demand. Without...

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US sanctions hit China, Myanmar and others over human rights

by on December 10, 2021 0

The US government on Friday announced financial sanctions and other restrictions against 15 people and 10 entities in China, Myanmar, North Korea and Bangladesh to coincide with International Human Rights Day. The actions announced by the Treasury Department also included investment restrictions on a Chinese company linked to the government’s mass surveillance operations in...

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What does liberate mean?

by on December 5, 2021 0

PUBLISHED December 05, 2021 KARACHI: ‘Freedom‘ and ‘Freedom‘ are the two keywords of 20th century, after decolonistation started globally especially for the gGlobal South (the Non-industrialized “nation-states”). In the current global scenario triggered by awareness of Covid-19 from February 2020, the world has changed quickly and dramatically. Actions taken independently before To VSovid-19, both...

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Column: Unwanted bond jolt marks streak in strangely peaceful year: Mike Dolan

by on December 3, 2021 0

LONDON, December 3 (Reuters) – If the broader financial volatility is finally unblocked, the most fortunate assets could wake up from their slumber. For most of the 20 months since the pandemic, financial assets have been bolstered by waves of government and central bank interventions designed to protect workers and businesses as authorities halt...

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Nigerian currency in circulation hits a record high of 2.97 trillion naira for October 2021 – Nairametrics

by on December 1, 2021 0

Total currency in circulation in Nigeria reached a record high of 2.97 trillion naira in October 2021, data from the central bank’s monetary and credit statistics show. Currency in circulation is the total amount of physical cash represented in paper or coins used to conduct transactions in Nigeria. It also represents the money that...

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Fadnavis sponsored a fake currency racket, underworld protected links: Nawab Malik | Latest India News

by on November 10, 2021 0

Maharashtra Minister Nawab Malik on Wednesday accused Devendra Fadnavis of sponsoring a bogus currency racket and protecting people with underworld ties during his tenure as chief minister. He brought new charges against the former chief minister a day after Fadnavis alleged that Malik and members of his family made land deals with people associated...

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Latest Indonesia Investment Report Released – Introduction October 2021

by on November 8, 2021 0

In addition, the livelihoods of several million Indonesians depend – directly or indirectly – on industries or sectors considered to have a negative influence on the Earth’s environment or climate (such as energy , transport and agriculture). A key question is whether a meaningful transition to a greener economy can occur without jeopardizing the...

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Taliban ban Afghans from using foreign currency

by on November 3, 2021 0

The Afghan Taliban government on Tuesday announced a ban on the use of foreign currency, threatening to further disrupt an already struggling economy. Since the Islamist group took power in mid-August, the Afghan national currency has depreciated and the country’s reserves have been frozen abroad. With a faltering economy, banks are strapped for liquidity...

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Latest updates: Pemex in Mexico posts third quarter loss of $ 3.8 billion

by on October 28, 2021 0

Demand for semiconductors is significantly higher than the production capacity of France’s largest electronic chip company, which on Thursday raised its annual revenue target after recording an improvement in its quarterly gross margins. The group, which sells chips to Apple and Tesla, forecasts annual revenue of around $ 12.6 billion on Thursday, $ 100...

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Although far from the UNESCO benchmark, Buhari comes closer to the promise of funding education

by on October 27, 2021 0

The education allocation in the 2022 draft budget shows President Muhammadu Buhari has taken small steps towards fulfilling his pledge to increase education spending by 50% between 2022 and 2023. But despite the increase from last year’s figures, the proposal, measured as a percentage of the total spending plan, falls short of the United...

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HALLIBURTON: Management report and analysis of financial position and operating results (Form 10-Q)

by on October 22, 2021 0

Management’s Discussion and Analysis of Financial Condition and Results of Operations (MD&A) should be read in conjunction with the condensed consolidated financial statements included in Section 1. Financial Statements included herein. EXECUTIVE OVERVIEW Organization We are one of the world's largest providers of products and services to the energy industry. We help our customers...

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External loans: winners and losers

by on October 17, 2021 0

Sheriffdeen Tella Posted October 18, 2021 Global debt issues will remain at the forefront of economic discussions as long as there are lenders and borrowers as individuals or as nations. Private debtors committed suicide when it became evident that it would be impossible to repay the debt; some fled and changed identities while others...

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Top 3 Benefits of Digital Currency Trading

by on October 16, 2021 0

Background Digital currencies have become one of the most lucrative and profitable asset classes with a relatively greater return on investment than other financial asset classes. If you are planning to enter the crypto market and join the crypto community for trading or investing purposes, the very first thing to consider is your intentions,...

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Analysis – Debt Ceiling Crises Refines Examination of U.S. Safe-haven Status

by on October 13, 2021 0

LONDON (Reuters) – Disputes over US debt ceiling and the euro’s growing dominance of bond issues linked to environmental or sustainability goals could start to undermine the status of T-bills as a reserve asset ultimate, enabling Europe to increase its share. FILE PHOTO: Euro, Hong Kong dollars, US dollars, Japanese yen, British pounds and...

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Economists recommend additional support for MSMEs

by on October 7, 2021 0

Economists recommend additional support for MSMEs New Delhi, October 7 (KNN) According to key economists who worked on the FICCI Economic Outlook Survey, they felt that continued support remains particularly critical for MSMEs and the informal sector. Changing MSME classification standards for NPAs, reducing cash margins, changing personal collateral requirements will go a long...

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Inflation, insecurity and major forex issues OPS wants FG to tackle FG – Business – The Guardian Nigeria News – Nigeria and World News

by on October 6, 2021 0

As the country commemorates a new year of independence, members of the organized private sector of the Nigerian economy have urged the federal government to address lingering macroeconomic issues to ensure that the private sector, especially manufacturers, contribute in a meaningful way. significant to the economy. According to PAHO, the quality of the business...

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Fitch Ratings Confirms FCMB IDR at “B-” with a Positive Outlook – Nairametrics

by on October 2, 2021 0

Fitch Ratings has confirmed First City Monument Bank’s (FCMB) Long-Term Issuer Default (IDR) rating at ‘B- with a stable outlook. This is indicated in the report published Thursday by Fitch Ratings on its website. According to the rating commentary, the national long-term rating has been upgraded from “BBB + (nga)” to “BBB (nga)” in...

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Dydx trading volumes explode after China’s latest crypto ban – bitcoin news

by on October 1, 2021 0

Dydx, a decentralized exchange, has seen its trading volumes explode in recent days, overtaking other recognized decentralized exchanges like Uniswap and Pancakeswap. Some analysts have suggested that this could be the result of the latest Chinese cryptocurrency ban that caused users based in China to move their trading activities to these platforms. Dydx bursts...

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Lights up … don’t worry, Bitcoin adoption won’t be stopped – Cointelegraph Magazine

by on September 30, 2021 0

In a series of recent interviews and speeches, the chairman of the United States Securities and Exchange Commission, Gary Gensler, has called the cryptocurrency market “Wild West” due to its unregulated and supposedly crowded atmosphere. fraud, predicting that the pieces were doomed. Lights up … is a monthly opinion column by Marc Powers, who...

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NChain article on ‘electronic reimbursement via retail CBDC’ offers new monetary policy tool

by on September 29, 2021 0

A recently published paper, authored by an nChain researcher, looks at a new monetary policy tool activated by a retail central bank digital currency (CBDC): sector-specific cash payments on private consumption spending . The paper examines how electronic cashback and different cashback rates can improve the economic toolkit as a way for central banks...

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Stablecoins: US Preps Digital Currency Framework

by on September 27, 2021 0

The Biden administration will review stricter regulations for stable coins, writes the Wall Street Journal (WSJ). Stablecoins are a form of digital currency that tries to combine the stability of national currencies with the ability to trade quickly online. Stablecoins are backed by safe assets like Treasuries and should theoretically be quite tightly tied...

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It’s also good that John Key refused to rule New Zealand with the ham fist exposed in his sad opinion piece on Covid, says Chris Trotter

by on September 26, 2021 0

By Chris Trotter * It is no small feat when a former prime minister speaks in public during a time of national crisis. At such times, the words of past leaders, spoken in favor of current leaders, can have a powerful unifying effect. Indeed, rare are the gestures capable of generating such positive results....

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Heavy regulations on luxury items on cards

by on September 25, 2021 0

ISLAMABAD: The government is considering various options to increase regulatory duties (RD) on the import of dozens of luxury items such as the import of automobiles, cosmetics, master baths, varnish, stationery, various textile products, sweeteners, non-essential foods. , and others. The government decided to go ahead with fiscal measures to reduce the growing current...

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Letters to the Editor – September 24, 2021

by on September 24, 2021 0

This is the news item “Honeywell to train 15,000 students in three years” (September 24). Ashish Gaikward, President Honeywell India’s proposal to train talented students in appropriate fields and technologies, is a welcome step. This idea has the potential to become a giant leap in the Nation Building task. Such initiatives by companies must...

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Evergrande’s China default fears haunt investors as Beijing retreats, so far

by on September 21, 2021 0

Fears of default continued to haunt the China Evergrande group on Tuesday despite its chairman’s efforts to boost confidence in the struggling company, as markets sought Beijing’s possible intervention to stem any domino effect on the global economy. . Analysts downplayed the threat of Evergrande’s problems becoming the country’s “Lehman moment”, although concerns over...

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UN chief warns US and China against “new cold war” and calls bilateral ties “dysfunctional”

by on September 20, 2021 0

United Nations (UN) Secretary-General Antonio Guterres has warned of a potential new cold war between the United States and China. He also pleaded with two of the world’s superpowers to mend their “completely dysfunctional” relationship. In an interview with The Associated Press ahead of this week’s annual UN meeting of world leaders, the UN...

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Appreciation, not guillotine for Emefiele

by on September 20, 2021 0

PERSPECTIVE Louis achi For a nascent dollar-denominated, consumer-driven and almost exclusively oil-financed economy as well as a poorly understood role of central banks around the world, resorting to the attack on the sincere intentions of the governor of the Central Bank of Nigeria (CBN) seems a fair game logic. But a more rigorous and...

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Yemen: government and Transition Council unite to crack down on protesters

by on September 19, 2021 0

Monday, September 20, 2021, 5:19 amPress release: Euro Med Monitor Geneva – Yemeni security forces and Southern Transitional Council (CTS) forces killed two people and injured a number of protesters during popular protests in towns in southern Yemen, said the Euro-Mediterranean Observatory of human rights in a statement expressing its deep concern. Yemeni government...

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Rupee stable against dollar next week

by on September 19, 2021 0

KARACHI: The rupee is expected to trade within the existing range next week amid a match between dollar supply and demand, while the central bank’s monetary position will also be taken into account, analysts said. The rupee has seen some very volatile movements this week and hit an all-time low of 169.12 on Wednesday....

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Russia, China and EU push for de-dollarization: will India follow suit?

by on September 18, 2021 0

In the Brundtland Report, the United Nations defined sustainable development as development that meets current demands without compromising the ability of future generations to meet theirs. It is based on the assumption that resources are finite and must be used sparingly and wisely to ensure that there are enough for future generations without lowering...

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Disinfection box invented by young scientists from Bengaluru wins Chhatra Vishwakarma awards

by on September 16, 2021 0

A timely scientific intervention by a group of engineering students in Bangalore has been chosen as the winner of the Chhatra Vishwakarma Awards nationwide after their innovation has helped Kirana’s traders and customers prevent the spread of Covid-19. The team of budding innovators from the CMR Institute of Technology (CMRIT) in Bengaluru had presented...

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Recovering and conical nerves persist

by on September 9, 2021 0

Wall Street dipped slightly overnight, with markets swinging between worries about the U.S. recovery after a pessimistic Fed Beige Book and waning nerves after New York Fed Chairman Williams said the reduction could occur sooner rather than later. William’s comments were backed up by a monster 10.924 million JOLTS Jobs Openings post suggesting that...

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ECB inflation debates intensify

by on September 2, 2021 0

Market players today Today we have some market movers in the afternoon. First, we get jobless claims in the United States, where we’ll likely see a further drop below 350,000. In Denmark we get foreign exchange reserves from August and we expect an increase, but not due to intervention (see more below). The 60-second...

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Afghanistan Live: US Embassy Warns of “Specific and Credible Threat” at Kabul Airport as Biden Says Terror Attack “Very Likely Within Next 24-36 Hours” | World news

by on August 29, 2021 0

As the last desperate evacuees scramble aboard planes in Kabul, as suicide bombers threaten to kill even more blameless people, a vast tide of refugees floods the border with Pakistan and the rest of the population huddles , trapped and frightened by the resurgence of the Taliban, all of those in the West who...

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