Tag Archives: short term

Sri Lanka monitors exchange rate, appropriate current level: BC Governor

ECONOMYNEXT – Sri Lanka’s central bank may make changes to the exchange rate in the future if necessary, but the current level is appropriate, Central Bank Governor Nivard Cabraal said amid calls to float the currency and to stop reserve sales for imports. The Sri Lankan rupee is pegged to …

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Nord Stream 2: What you need to know about the controversial gas pipeline linking Russia to Europe

Former National Security Advisor Robert O’Brien explains how to deter Putin and not recognize a new leader he could install in Ukraine on ‘Kudlow’. With Russia’s renewed invasion of Ukraine, attention has once again turned to the controversial Nord Stream 2 gas pipeline linking Russia to Europe via Germany. The …

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Local View: TV Advertising Reflects Nebraska Positions and Values ​​| Columnists

Freedom, limited government, fiscal responsibility, hard work, conservative family values, and the protection of Second Amendment rights. These are Nebraska values ​​and the subject of my latest campaign ad. In a recent editorial, the Journal Star attacked my campaign ads (“Pillen Did Little to Show How He Could Rule Nebraska,” …

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Neasa Hourigan wants a mini budget to meet the cost of living

A TD party government has urged Finance Minister Paschal Donohoe to hold a supplementary budget to meet the cost of living. Green Party finance spokesman Neasa Hourigan said the minimum wage and child benefit should be increased, among other targeted measures. The government does not intend to hold a mini …

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Stock Futures Stable After Dow, S&P 500 Closes At Record

U.S. stock index futures were little changed in overnight trading on Wednesday after the S&P 500 and Dow Jones Industrial Average closed at new highs. Futures contracts linked to the Dow Jones Industrial Average edged up, while S&P 500 futures were unchanged. Futures on the Nasdaq 100 were slightly lower. …

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Falling natural gas prices a sign of hope for consumers

After hitting their highest levels since 2014 just a few months ago, natural gas prices have fallen in recent weeks, falling more than 10% on Monday alone, a development that could provide much-needed relief to many. Americans preparing for high home heating. bills this winter. The latest drop came after …

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More Sri Lankans switch to hawala as money printing drives parallel exchange rates

ECONOMYNEXT – Sri Lankan migrant worker Sampath * is now determined to send his salary from Dubai to his family via hawala, a traditional net settlement system that has facilitated trade for centuries. “Last week I found out that my friends were getting an extra 10 rupees for every dirham …

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Sticky small savings interest rates protect against financial instability

Inflation returns in conversations about Indian politics. In this context, two recent observations in RBI publications are relevant. The central bank pointed out that the growth of small savings deposits has consistently exceeded bank deposits since 2018. In addition, the GoI has left interest rates on small savings instruments (SSIs) …

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High inflation anxiety creeps into Fed: Expert

At the end of a two-day meeting on Wednesday, the Federal Open Market Committee (FOMC) reiterated that inflation remains high, largely reflecting factors that are expected to be transient. But he made an addition to his last political statement on Wednesday that did not exist in the statement released after …

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Czech model acquitted in drug trafficking case

LAHORE: A bench in the Lahore High Court on Monday allowed an appeal from Czech model Tereza Hluskova and acquitted her in a drug trafficking case. The judiciary composed of Judge Ali Baqar Najafi and Judge Sardar Muhammad Sarfraz Dogar announced a short-term order on the foreign national’s appeal. On …

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Where to get the best rates on your savings amid rising inflation

Consumers are likely taking a sticker shock, as new government data shows annual inflation is rising at the fastest rate in more than 30 years. So-called headline inflation, including food and energy prices, rose at an annual rate of 4.4% in September, the fastest since 1991. With higher prices likely …

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Lower stocks; Microsoft Leaps, the billionaire’s tax 5 to know

Here are five things you need to know for Wednesday, October 27: 1. – Futures stocks fall before a busy earnings list U.S. equity futures fell on Wednesday, putting a two-day streak of record highs at risk as investors brace for another round of blue-chip corporate earnings while tracking a …

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Nigeria’s lame economy – where do we go from here?

As much as one would like to see the bright side of things with a strong hope of rebirth, as the current macroeconomic data of Nigeria is not encouraging because it presents the image of a lame economy without clutches. From economic production data to investment flows, consumption levels and …

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Biden stimulus fuels inflation, suggests Fed analysis

Inflation is likely being temporarily boosted by the $ 1.9 trillion coronavirus relief program the Biden administration inaugurated earlier this year, a new study from the Federal Reserve Bank of San Francisco suggested on Monday. . The analysis could fuel a heated debate in Washington over whether the administration’s policies …

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Driving innovation in AI with a National Research Cloud – GCN

Stimulate AI innovation with a National Research Cloud By Stéphanie Kanowitz 12 October 2021 A recently published white paper provides a roadmap for creating a National Research Cloud (NRC) that would fuel artificial intelligence-based research. In “Building a National AI Research Resource: A Blueprint for the National Research Cloud”, the …

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Wine and politics: a perfect match?

Clear political positions have always been a no-no for wine brands, but that could change. By Liza B. Zimmerman | Posted Thursday, 07-Oct-2021 The We The People brand, composed of a Cabernet Sauvignon and a Chardonnay, arrived on the market at the end of last year. Its marketing slogan is: …

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TSLA stock outperforms the market and its fellow tech giants

Ain’t life in the fast lane these days for You’re here (NASDAQ:TSLA). Nor is it a rescue offer for the truck. But as we’ll see, the improvements off and on the price chart make TSLA stock worth the parking capital today. Source: Ivan Marc / Shutterstock.com Apparently distant nervousness linked …

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World Meteorological Organization steps up warnings of both too much and too little water

The world’s freshwater supply is shrinking by nearly half an inch a year, the World Meteorological Organization warned in a report released this week. By 2050, around 5 billion people will have insufficient access to water at least one month a year, according to the report. Overall, global warming is …

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How long will COVID-fueled inflation last?

Everyone is talking about inflation these days. Rising prices affect people from all walks of life, all over the world. In the United States, buying a used car now costs on average 45 percent more than in January. Europeans are bracing for a harsh winter with soaring natural gas prices …

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Opinion: Inflation is not over yet. Here’s when we should finally see lower prices

Total Consumer price index (CPI) rose 5.3% year-on-year in August after reaching 5.4% year-on-year two months earlier. The core index, which excludes the volatile components of food and energy, rose 4% year-on-year in August after peaking at 4.5% in June. Importantly, the month-to-month rates of increase for each of these …

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GBP JPY – FUNDAMENTAL DRIVERS for CAPITALCOM: GBPJPY By Thunderpips

GBP FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the BOE The BoE’s September policy meeting saw money markets rush to assess a much faster and more aggressive policy than expected. Even if this corresponds of course to our bullish bias for the pound, we think the market is …

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Implications for currency and fiscal position

Friday, September 24, 2021 / 3:35 p.m. / by CardinalStone Research / Header image credit: Ziraat Bankasi Event Nigeria successfully entered the international capital market on Tuesday, issuing $ 4.0 billion in Eurobonds. The issue was split over three maturities, $ 1.25 billion over the 7-year, $ 1.5 billion over …

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ACT Research Exposes Problems Underlying “Best Freight Economy” In History

The year 2021 could go down in history as “the best freight economy in US history,” according to ACT Research. But, as all carriers know, as the demand for physical goods has increased, so has the demand for tractors, trailers, and everything else that fleets need to do their jobs …

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Fed to unveil new projections with investors on alert

U.S. Federal Reserve officials to reveal when and how often they think the economy will need an interest rate hike over the next three years when they release new forecasts at their policy meeting Wednesday, with investors on alert for a faster pace of tightening. The dot plot, published quarterly, …

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CBN remains hawkish on BDCs and FX arbitrageurs as MPC keeps rates stable – Businessamlive

Exchange rates now come from CBN, not speculators Analysts say Nigerians and businesses face tough short-term period The general expectations of the economic experts of the monetary policy committee (MPC) of the CBN were ultimately not exaggerated, as the committee moved in the direction anticipated by several analysts who had …

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Give small businesses a break from paying start-up costs

As America slowly emerges from the COVID-19 pandemic, small businesses deserve special attention – because they have been particularly affected and because they are vital to job growth. Local governments in Northwest Arkansas can lead nationally by giving new businesses a break from paying start-up costs. Small businesses make up …

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Global debt is skyrocketing – and we need to talk about it

Updates on the global economy Sign up for myFT Daily Digest to be the first to know about global economic news. This month, the thorny topic of debt is belatedly returning to the political radar in Washington. Treasury Secretary Janet Yellen last week warned that the U.S. government will run …

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PIA: Financial Experts Increase Prospects for Foreign Exchange Market Stability

The enthusiasm for the entry into force of the long-awaited Petroleum Industry Law has sparked a new wave of optimism that the planned wave of investment in the petroleum sector and the planned removal of fuel subsidies will boost simultaneously the supply of currencies and will reduce market pressure. , …

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The rapid growth of the US economy is about to hit a wall

A National Park Service employee replaces a flag at the Washington Monument, which reopened today after a six-month closure due to COVID-19 security measures, in Washington, United States, July 14, 2021. Kevin Lemarque | Reuters The US economy is expected to post another meteoric growth spurt in the second quarter, …

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Argentina’s central bank will use “all its strength” to tame foreign exchange markets, source says

BUENOS AIRES, July 19 (Reuters) – Argentina’s central bank will use “all its might” to streamline runaway demand for dollars and tame the country’s volatile parallel currency markets, which have heated up due to tight capital controls, a banking source told Reuters. Monday. Earlier this month, the bank tightened the …

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Extra money for retired teachers in ’13th check’ at center of Republican-Democrat shouting game | Texas

Republican officials sounded the alarm last week that retired teachers in Texas are unlikely to receive an additional payment of up to $ 2,400 from the state’s teachers’ retirement fund. Democrats ending the special legislative session. GOP lawmakers held at least three press conferences singling out Democrats who fled to …

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Delta set to dominate after Powell beats dollar

GBP / USD swung in response to high inflation and dismissive responses from central banks. Covid headlines, UK reopening and US infrastructure talks stand out. The daily chart for mid-July paints a mixed picture. The FX poll indicates short-term declines before a rally thereafter. Is inflation transient or not? There …

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Reliance’s roadmap can truly democratize energy access in India

While people’s phones garnered all the attention during Reliance’s big announcement on Thursday, the biggest announcement, with the greatest potential for the country, may have gone unnoticed. No wonder, given that the environment affects us more than anything, but has the least visibility in the Indian public sphere and in …

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Slight optimism ahead of Core PCE, GBP / CHF back in range

Asian indices: Australia’s ASX 200 index rose 47.1 points (0.65%) and is currently trading at 7,322.40 Japan’s Nikkei 225 index rose 45.23 points (0.16%) and is currently trading at 28,920.12 Hong Kong’s Hang Seng Index rose 314.6 points (1.09%) and is currently trading at 29,197.06 UK and Europe: UK FTSE …

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Marin district details water pipeline and desalination plans

The Marin Municipal Water District has taken the first steps towards building an emergency water line on the Richmond-San Rafael Bridge for the first time in nearly 50 years to avoid running out of water. water next summer. The district said on Friday it had hired a consulting firm, Woodard …

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Trade in the era of the pandemic: a year in review

Many countries, including Sri Lanka, started practicing mobility restrictions from March of last year. As a result, along with the slowdown in global merchandise production, trade volume also contracted from the second quarter of 2020. However, the World Trade Organization (WTO) estimates that the trade contraction achieved in 2020 was …

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You can trade options and futures on the federal funds rate

Interest rates have been the focus of concern lately, particularly the effect of US Federal Reserve actions on stock prices. I thought this would be a good time to explain how Fed Funds Futures and Options in the CME Group (CME) job. Like all listed futures and options, they can …

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Nikola Stock Price Up 4% – Time to Buy Nikola Stock?

Nikola ended the week on a positive note although the gains were marginal. Trading at $ 17.55 with a modest 4.4% increase, Nikola stock received another breath of fresh air after the Department of Energy (DOE) declared that it would launch an Energy Earthshots initiative to accelerate breakthroughs in more …

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Bangladesh risks becoming the next India without vaccine surplus

The supply of vaccines to the developing world is a global problem, and countries with excessive doses hold the key to unlocking the world. With the shock of the current Covid-19 crisis in India, we should focus on making sure there is not another similar case. This means that immunization …

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This recession-resistant stock just pulled it out of the park

One of the big fears of investors right now is that companies that have performed particularly well during the most intense stages of the COVID-19 crisis will not be able to match their pandemic-fueled sales as a result. of the pandemic. Those favorable winds pushed these outperforming stocks to extreme …

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The days of record high fixed mortgages are over, if the outlook for the Reserve Bank is good

Fixed mortgage interest rates have already bottomed out in the near future, if the Reserve Bank’s outlook on Wednesday materializes. The Reserve Bank left the official treasury rate (OCR) at 0.25% as expected, but signaled that the OCR would start rising at the end of next year and reach 1.75% …

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Markets go impartial

Monetary markets seem like transferring at impartial velocity forward of heavy knowledge beginning with China’s commerce stability, the US CPI tonight and the beginning of the US earnings season led by the massive banks. Wall Road went nowhere in a single day, with the public sale of US 10-year notes …

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Country selection key for emerging debt in the context of COVID-19

The impact of COVID-19 varies widely across emerging countries – in many ways the imperative to balance “lives and livelihoods” parallels the challenges faced by developed economies. But many emerging countries with less diversified and less resilient economies also have unique problems that are exacerbated by the pandemic, especially among …

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G20 Relief Extension – Journal

THE decision of the G20, a group of the 19 richest countries in the world and the European Union, to extend its debt relief initiative for heavily indebted countries for another six months until the end of June from next year is a good decision. It will help depressed economies …

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Ad hoc group of Salta bondholders reach agreement with province on restructuring terms

NEW YORK, January 31, 2021 /PRNewswire/ — Following constructive discussions with representatives of the province of Salta (the “Province“), the Ad Hoc Bondholder Group (the “Ad hoc group“) of the Province confirms that it has entered into an agreement with the Province on the terms of a proposed debt restructuring …

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Very large farms receive one-fifth of USDA coronavirus payments

The average USDA coronavirus aid to farmers payment is less than $16,000, but the largest operators are receiving payments 22 times larger, an environmental group said Tuesday when questioning the fairness of the program of $10 billion. Meanwhile, lawmakers agreed to give the USDA more funding so it can maintain …

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Remarks by World Bank Group President David Malpass to the World Food Program Board of Directors – World

Excellencies, Mr. Secretary-General, and distinguished colleagues, I would like to thank David Beasley and the World Food Program for this important discussion. First, let me reiterate my congratulations to the WFP and to David for the well-deserved Nobel Peace Prize. Your work on the front lines is essential to fighting …

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Almost half of Canadians plan to take

CALGARY, Alta., Sep 16, 2020 (GLOBE NEWSWIRE) – In recent months, various financial assistance measures from government, banks and businesses have helped cushion the financial blow of the pandemic for many Canadian households. As these measures evolve or end, the pandemic continues to impact household incomes for many. A new …

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PM advocates for debt relief at WEF – Pakistan

ISLAMABAD: Prime Minister Imran Khan said on Wednesday that a large number of developing countries did not have fiscal space to deal with the economic fallout from the Covid-19 epidemic and called for debt relief to deal with the situation. Speaking to the “Covid Action Platform” hosted by the World …

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Somali President Farmaajo attempts silent coup

While the world was in shock at the storming of the United States Capitol by supporters of President Donald Trump seeking to overthrow the American election results, Somali President Mohamed Abdullahi Farmaajo was engaged in his own silent coup to ensure a return to power following the end of his …

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A long, uneven and uncertain rise – IMF blog

Through Gita Gopinath ??, ??, Spanish, French, ??, Portuguese, сский The COVID-19 pandemic continues to spread with more than a million tragically lost lives so far. Living with the novel coronavirus has been a challenge like no other, but the world is adapting. With the easing of containment measures and …

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Pakistan officially calls for G-20 debt relief

ISLAMABAD: Pakistan has officially asked members of the G-20 countries for debt relief with a pledge not to take out new non-concessional loans, except those authorized by the guidelines of the International Monetary Fund (IMF) and the World Bank. The formal requests were sent to individual countries on Friday as …

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A neighbor of the representative shares information on the constitutional amendment on abortion and the work of the insurance committee

Representative Cindy Neighbor said there was not much information on when the proposed constitutional amendment related to abortion would be presented to both houses for debate. At every legislative session, we offer legislators in the Shawnee Mission area the opportunity to share their thoughts on what is happening in the …

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How to avoid a new Argentinian default?

Argentina is on the brink of another messy default. The government’s initial debt plan, an aggressive bid to resolve Argentina’s long-standing external problems once and for all, risks being rejected by external creditors. The coronavirus crisis opens the door to a viable Plan B: a “standstill” agreement – more precisely, …

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USD rally hinges on upcoming impression of inflation

US Greenback, Treasury Auctions, Bond Yields, Inflation, Federal Reserve – Speaking Factors: Asian inventory markets rose broadly over APAC buying and selling as world bond markets stabilized. The following inflation figures will seemingly decide the short-term trajectory of the US greenback related to the protected haven. Asia-Pacific recap Asian inventory …

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Dangerous enterprise

Nobody can complain concerning the lack of volatility within the monetary markets proper now. The tug-of-war between the financial restoration and the dangers of inflation continued on Friday on Wall Avenue and unfold to the streets in Asia. Friday’s outsized acquire of 379,000 in non-farm payrolls triggered an preliminary surge …

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