Archives
Shanghai INE begins to accept government bonds as margin collateral
Using government bonds as margin collateral will reduce transaction costs, improve market efficiency, and improve market operations. Access today Sign up for a 2 week free trial and get instant, unrestricted and unlimited access to Regulation Asia. FREE TRY Have you already taken your free trial? Contact our team and request a subscription today. To …
Punjab horror: 17-year-old boy kills his grandparents over property dispute in the town of Samrala in Ludhiana
Ludhiana, October 30: In a shocking incident, a 17-year-old boy allegedly killed his grandparents on Wednesday in the Ludhiana district of Punjab. The underage boy stabbed his grandparents to death following a property dispute. The incident took place in the village of Lal Kalan in the town of Samrala in Ludhiana. The deceased had a …
The US subways with the biggest revenue gaps – 24/7 Wall St.
Special report October 30, 2021 11:00 a.m. The United States has some the highest levels of income and wealth inequality in the world. US Federal Reserve data shows richest 10% of Americans control $ 93.8 trillionn, more than double the $ 40.3 trillion in the hands of the remaining 90 percent of Americans. The gap …
Read This Week: Why Chinese Developers’ Offshore Bonds Are So Cheap
The Unmissable newsletter from Caixin brings you the best of our coverage from last week, handpicked by our editors. # Business # In detail: why Chinese developers’ offshore bonds are so cheap As the risks of default increase, many offshore debt holders are shedding real estate bonds, pushing prices down so low that some bargain …
EQUITY RESIDENTIAL Management report and analysis of the financial situation and operating results (Form 10-Q)
For further information including definitions for capitalized terms not defined herein, refer to the consolidated financial statements and footnotes thereto included in the Company’s and the Operating Partnership’s Annual Report on Form 10-K for the year ended December 31, 2020. In addition, please refer to the Definitions section below for various capitalized terms not immediately …
Latest updates: Covid-19 infections in UK reach highest level on record
Personal consumption expenditure: The PCE index is the Federal Reserve’s preferred measure of inflation, and the latest data will be followed closely ahead of the central bank’s policy meeting on November 3. The core PCE index, which excludes volatile components such as energy and food, is expected to have risen 0.2% in September after rising …
Lamont’s plan to rid the roads of the poor
Governor Ned Lamont has a unique strategy to reduce income inequality, at least on the roads of Connecticut: He will prevent the poor from driving on it. Lamont started 2020 saying he “was doing everything I could to promote public transport and get people out of cars.” And just before Christmas, the governor signed the …
Why currency volatility could make a comeback
October 30, 2021 FOREIGN-EXCHANGE the markets were once a hotbed of lively speculative activity. But today traders looking for an adrenaline rush should look to assets like cryptocurrencies instead. Barring a brief surge at the onset of the pandemic – and isolated events in the Turkish lira – currency markets have been silent. Macro-trading funds …
China’s long wait for a tax everyone likes to hate
IF SUN YAT-SEN if he had succeeded, China would have been a bold pioneer in real estate taxation. During his exile in Europe from 1896 to 1898, the Republican revolutionary fell under the spell of Henry George, an influential American journalist who believed that a single property tax should replace all others. Sun hoped that …
Truist Securiti comments on Independent Bank Group, Inc.’s earnings for fiscal 2021 (NASDAQ: IBTX)
Independent Bank Group, Inc. (NASDAQ: IBTX) – Truist Securiti lowered its earnings per share estimate for fiscal 2021 for Independent Bank Group in a report released on Tuesday, October 26. Truist Securiti analyst Mr. Young now expects the bank to post earnings of $ 5.23 per share for the year, down from its previous estimate …
Biden heads to Europe with a little less shine and more work to do
At the same time, the trip has become a powerful intersection of Biden’s domestic and foreign agendas as he pleads with Democrats to agree on a broad spending program before Air Force One takes off for the Group of 20 in Rome on Thursday. “It would be very, very positive to do that before the …
/https://specials-images.forbesimg.com/imageserve/61786fde07b60fe86f4813b2/0x0.jpg)
Instead, let’s tax rich foreign investors. Here’s why.
There has been a lot of criticism about the proposed billionaire tax plan. Some see it too … [+] difficult for the IRS to implement right away. Others see it as a first step in raising taxes for those with a million assets, which is a huge amount of US investment accounts. How about taxing …
The village board is considering stricter conditions for units located at 123 Sterling Ave.
An artist’s rendering of what 123 Sterling might look like in a single iteration. (Courtesy graphic) Directors at Greenport Village discussed tighter restrictions on potential buyers of price-controlled units in the 123 Sterling Avenue project last Thursday, with the intention of voting on a new deal at their next regular meeting. A vote on covenants …
Song lyrics strike a chord with private equity
After his car broke down on his way to work in Idaho last October, Nathan Apodaca hiked the rest of the way on his skateboard, filming himself drinking cranberry juice and articulating the lyrics to “Dreams.” by Fleetwood Mac. He then uploaded the video to TikTok – where it would go viral, create a multi-million …
/cloudfront-us-east-1.images.arcpublishing.com/gray/MJ4NPLD6YJD4RAFFUGMTEJBPBU.png)
Health Care Providers Present 2021 Community Health Assessment Results
DAVENPORT, Iowa (KWQC) – The results of the 2021 Community Health Assessment were released on Tuesday. Study reports show that there are areas of concern with significant gaps in problems worsened by social conditions, including poverty and income inequality. “These issues dramatically influence personal and community health,†said Brooke Barnes, deputy director of the Scott …
Bloomberg and CFETS jointly offer indicative market maker prices on Southbound Bond Connect
Chinese onshore investors can now access indicative market maker prices using Bloomberg Southbound Bond Connect solutions in real time via the CFETS bond trading platform Shanghai, Hong Kong – WEB WIRE – Tuesday, October 26, 2021 In collaboration with the China Foreign Exchange Trade System (CFETS), Bloomberg announced that the indicative prices of Hong Kong-based …
Delhi Police Raid 37 Locations in Unitech Case, Real Estate News, ET RealEstate
File photo of a Delhi police barricade NEW DELHI: Delhi police raided 37 locations in Haryana, Rajasthan and the nation’s capital on Monday, days after the Supreme Court ordered an investigation into the alleged collusion of Tihar prison officials with the jailed ex-promoters of Unitech Sanjay and Ajay Chandra. In a statement, Delhi Police PRO …
Promus Ventures closes € 120m ($ 139m) space fund amid investment boom – TechCrunch
Chicago-based Promus Ventures closed a € 120 million ($ 139 million) space fund, dubbed Orbital Ventures, focused on start-up space companies. The new fund, which will be based in Luxembourg, was born from a mix of public and private investments. The European Investment Fund, the financing body of the European Investment Bank group of the …
Thanksgiving Food Prices Rise As Supply Chain Costs Rise
Price hikes hit in a year when Covid vaccines and relaxed health guidelines indicate more and larger holiday celebrations than in 2020. There will be fewer turkeys in the market, but demand is expected to be higher, especially for small birds and for more carefully reared and processed turkeys. Kroger Executives Are More Anticipating What …
United States versus. International markets: more or less the same
This article originally appeared on The Humble Dollar. Do I sound like a broken record? Last week, the performance gap between US and foreign stocks widened further. The Vanguard Total Stock Market Index Fund (NYSE 🙂 ETF has now returned 21.6% so far in 2021, while the ex-US Vanguard FTSE All World ETF (NYSE 🙂 …
Wall Street projects ‘higher for longer’ era for oil prices
Through Alex longley to 24/10/2021 (Bloomberg) – Could the era of cheap oil supply be over for good? That’s the conclusion of some of Wall Street’s biggest commodity desks, where banks have raised their long-term price forecasts, often by $ 10 or more. While the American shale boom has sparked a “lower for longer†mantra, …
A medium-term vision of the Chinese and Indian economic situation
The global economy is still struggling to cope with the economic shock of the Covid-19 pandemic. This task has become even more difficult due to the fact that its main engine of growth, the Chinese economy, is in fact embracing what appears to be a policy-induced slowdown. China’s GDP growth of 4.9% in the quarter …
Sales of high quality credit will slow down but loans will get busy
(Bloomberg) – High-grade US primary markets are likely to slow next week with preliminary estimates calling for around $ 15 billion in fresh supply which could include a sale of bonds from one of the major banks. Meanwhile, a busy end of October is ahead for leveraged loans with commitments due for at least 17 …
Andrew Samonas, candidate for Portsmouth City Council
Does anyone in your family work in politics or in government? Nothing Education BS Business Management, Endicott College; Master in Real Estate Development and Urban Design, University of Miami Occupation Real estate agent and advisor Previous or current office elected or appointed Conservation Commission, member Campaign website Facebook: Andrew Samonas for Portsmouth City Council 2021 …
Cooperative bank in shock merger approach with rival lender TSB | Economic news
The Co-operative Bank has taken a bold approach to a merger with TSB in a move that could spark a new wave of consolidation among mid-sized UK lenders. Sky News learned that the Co-operative Bank contacted TSB’s Spanish owner Banco Sabadell earlier this month to gauge its appetite for a deal. Picture: The Spanish owner …
Rich Jerks In Space – OpEd – Eurasia Review
As a huge fan of the original Star Trek, I have to admit it was pretty neat to see Captain Kirk go into space. But there is a real problem here with silly super-rich games that deserve some thought. There have been many stories and articles about the huge increase in the wealth of the …
African markets must improve ESG integration
The Absa Africa Financial Markets Index assesses the development of financial markets in 23 countries and highlights the economies offering the most favorable environment for efficient markets. The aim is to show countries’ current positions, as well as how economies can improve market frameworks to enhance investor access and sustainable growth. The index assesses countries …
International buyers are back – what does this mean for house prices in London?
NOT This spring, Peter and Melanie Tunstall will finally be on their way to London to start a new life – and find a new home. The couple, both from Connecticut, plan to swap frantic, high-rise and increasingly politically unstable Hong Kong for a leafy London urban village. And, if the real estate experts are …
United States Warns of Climate: “Emerging Threat” to Financial System
WASHINGTON – Climate change is an “emerging threat” to the stability of the U.S. financial system, leading federal regulators warned in a report on Thursday, paving the way for the Biden administration to take more aggressive regulatory action to prevent climate change disrupt global markets and the economy. The report, produced by the Financial Stability …
Markets are getting cautious
Overview: After a few risk-taking sessions, investors are taking a break today. Stocks are mostly down today after the S&P 500’s six-day lead nearly took it to its all-time high, while the NASDAQ streak was halted at five sessions. The Nikkei’s nearly 1.8% drop set the pace for the Asia-Pacific session, where most stock markets …
Reading of the meeting of the President of the World Bank Group, David Malpass, with Patrick Achi, Prime Minister of the Republic of Côte d’Ivoire
WASHINGTON, October 20 – Today, the President of the World Bank Group, David Malpass, met with Patrick Achi, Prime Minister of the Republic of Côte d’Ivoire. Noting Côte d’Ivoire’s good progress on COVID-19 vaccines, President Malpass and Prime Minister Achi discussed further efforts to accelerate vaccine deployment in the region. President Malpass and Prime Minister …
Your options when you don’t assign to dependents
Self-employment is a tenuous approach to employment, made all the more so by a profound lack of amenities usually offered by more stable arrangements – foremost is a retirement fund. It may seem impossible, especially when your business is suffering from a pandemic, so some of the following can be skipped until the ship doesn’t …
/cloudfront-us-east-2.images.arcpublishing.com/reuters/74AWBOCDRBONDKTPG273V4QP7U.jpg)
UK net zero targets threatened by inequality, says L&G
Solar panels on houses reflect the sun in Stoke on Trent, Britain February 10, 2017 REUTERS / Darren Staples / File Photo October 20 (Reuters) – Britain’s plan to achieve net zero emissions risks being undermined by income inequality, with only high-income households able to afford new green technologies unless the costs are shared, a …
Turkey threatened with “gray list” by global finance watchdog
Turkey is expected to appear this week on the “gray list” of a global financial watchdog for failures in its approach to combating money laundering and terrorist financing, according to two Western officials. In a move that risks further undermining Turkey’s already limited ability to attract crucial foreign capital, members of the Financial Action Task …
Turks and Caicos Islands bet on sustainable investment to boost clean economy
The Turks and Caicos Islands are often described as the Caribbean’s best kept secret: two groups of tropical islands spanning 170 square miles, known primarily for upscale tourism. After his party’s landslide victory in February, Charles Washington Misick now holds the post of Prime Minister – a post he first held in the 1990s. Misick, …
Facebook Launches Novi Digital Currency Wallet
Facebook launched a long-awaited pilot of its Novi digital currency wallet in the United States, but opted to use the Paxos Dollar stablecoin after its own cryptocurrency Diem failed to gain support from regulators. In a blog post on Tuesday, David Marcus, head of Facebook’s Novi portfolio, announced that the company has launched the pilot …
Opinion: Slowing growth and massive indebtedness in China threaten equity and bond investors around the world
The uproar surrounding the besieged Chinese group Evergrande, the world’s most indebted real estate company, is distracting attention from the larger Chinese debt problem and slowing economic growth. China’s overall debt represented 270% of its GDP at the end of 2020, up from 247% a year earlier. External debt reached $ 2.4 trillion in 2020. …
The dark business empire behind Sheriff Tiraspol’s meteoric rise
A team from a poor and forgotten corner of Europe not only qualify for Europe’s most prestigious soccer tournament, but beat one of the continent’s titans at the start of the competition. Sheriff Tiraspol’s unlikely run in the European Champions League made headlines around the world, especially after his late September win over Real Madrid, …
Latest updates: Valneva Covid vaccine outshines AstraZeneca jab in trials
Dutch maker Philips has become the latest company to slash its outlook for annual profits due to supply chain issues, adding to concerns from investors awaiting more information on fallout from the massive respirator recall defective. “Intensified†supply chain problems, from a semiconductor shortage to a chaotic global shipping network, have made it more difficult …
Karen Bass reiterates commitment to make homelessness a priority – NBC Los Angeles
Representative Karen Bass used her Los Angeles mayoral campaign launch event to reiterate her pledge to make tackling homelessness her top priority if elected. “In 1994, we treated the (earthquake) emergency like an emergency,†Bass, D-Los Angeles, told Los Angeles Trade Tech College on Saturday. “We mobilized local, state, federal, private and non-profit governments. Neighbors …
Is India Really Ready for Foreign Tourists?
Earlier this month, the Indian tourism industry breathed a sigh of relief: the government had finally announced that foreign tourists would once again be allowed to visit India. However, confusion and frustration quickly followed the good news. With the finer details of the arrangement undecided, stakeholders and tourists alike wondered exactly how it would work. …
‘Explosion of Ideas’: How Maori Concepts Are Incorporated into New Zealand Law | New Zealand
When English settlers first arrived in New Zealand, they brought with them pests, diseases and English common law. The indigenous Maori already had legal customs in the form of tikanga, a set of rules and principles that governed daily life. But the settlers called the Maoris “savages” and the tikanga as primitive. As their power …
San Diego Community News Group
Monotone blue tinted image of a gavel and scales of justice slideshow A man who tried to rob two cashiers at an Ocean Beach bank has been sentenced to one year which he has already spent in custody with two years of probation. A settlement has been reached in the case against Lawon Andre Washington, …
/cloudfront-us-east-2.images.arcpublishing.com/reuters/VVTWEIJEEVKKJKIKUZB3PZF3AA.jpg)
Argentina touts economic ‘road map’, investors remain suspicious
Argentine Economy Minister Martin Guzman poses for a photo before an interview with Reuters at the Economy Ministry in Buenos Aires, Argentina, December 10, 2020. REUTERS / Agustin Marcarian / File Photo NEW YORK, Oct. 15 (Reuters) – Senior Argentinian officials met with private investors in New York on Friday, touting a much sought-after economic …
/cloudfront-us-east-2.images.arcpublishing.com/reuters/6GKUO5A465OIHGSM3DVHRMDMAQ.jpg)
Evergrande’s debt problems are manageable, Chinese central bank official says
Central bank makes rare comments on Evergrande’s debt situation PBOC: financial companies have no concentrated risk Evergrande Evergrande CEO discusses Hong Kong restructuring with banks Xinyuan Real Estate agrees to exchange offer with bondholders Evergrande has 1,300 projects in more than 280 cities SHANGHAI, Oct. 15 (Reuters) – The ripple effect of the China Evergrande …
States with the largest income gaps – 24/7 Wall St.
The United States has some the highest levels of income and wealth inequality in the world. US Federal Reserve data shows richest 10% of Americans control $ 93.8 trillionn, more than double the $ 40.3 trillion in the hands of the remaining 90 percent of Americans. The gap between income and wealth only seems to …
Powerful forces keep a lid on US long-term interest rates despite Fed cut
Financial markets have begun to factor in the possibility of the US Federal Reserve (Fed) reducing or decreasing its purchases of US Treasury securities and mortgages. On the surface, one would expect that a very large buyer of US Treasuries pulling out of this market would reduce demand, cause prices to fall and yields to …
NAI Legacy Completes Hopkins Early Learning Center 1031 Syndication
E-mail Sign up for our free weekly newsletter Minneapolis, Minnesota – NAI Legacy is pleased to announce that they have closed the 1031 syndication of a Kid Zone Early Learning Center located in Hopkins, Minnesota. NAI Legacy has organized the ownership of the property under a Delaware Statutory Trust, which is a popular legal structure …
5 things to know before the market opens Thursday, October 14
Here are the most important news, trends and analysis investors need to start their trading day: 1. Stock futures rise after S&P 500, Nasdaq broke 3-day loss streaks Traders work on the floor of the New York Stock Exchange (NYSE), October 12, 2021. Brendan McDermid | Reuters 2. Wholesale inflation data, jobless claims before the …
Han ’23: Why didn’t I like Squid Game?
It was a Friday night. I was in a familiar state – too tired to go out, too awake to fall asleep, and far too lazy to get a head start on my readings for next week. At that time my phone flashed with a notification from Netflix. Something called “Squid Game” had just come …
The Fed will “step aside” from the tightening, predicts Roubini
Don’t wait for the Federal Reserve to execute its short-term rate hike plans or end its bond purchases for a while, says economist Nouriel Roubini, known for his bearish views . “They’re going to pass out,” Roubini Macro Associates CEO said in an interview with Bloomberg Television. “They will postpone any end of reduction or …
Sustainability lessons from the ground up
After an introduction to ‘green living’ early in life, Jennifer Henderson, CEO and Registrar of Scotland, is now at the forefront of change within her organization after being inspired by Climate’s new training courses. Solutions. STAR Wars or Smurfs? When I was in school, this was the great choice when it came to deciding which …
Beware of giving lenders a stake in your home
Buyers want to believe that they’ve picked a good property, that its value will increase over the course of their acquisition, and that their borrowing will decrease as they pay off the loan. But a large group of borrowers who took out loans after collapsing house prices are now paying the price for not considering …
Xi Jinping bets on China’s economic turmoil to continue tough reforms
Chinese President Xi Jinping appears to be launching an economic storm on his own as one of China’s biggest developers is on the verge of bankruptcy and manufacturers grapple with power shortages across the country . But aside from minor course corrections, analysts and government advisers expect Xi to use what he called a “window …
Most investors plan to boost ESG investments over the next two years
ESG investment, defined in the survey as “relying on a company’s environmental practices, social issues and governance policies before investing”, resonates the most with young investors: 91% of investors in the Gen Y say they are likely to add these investments to their portfolio soon, compared to 80% of Gen X investors and 68% of …
No joke: Trump was going to appoint Ivanka as World Bank president until Steven Mnuchin intervened
Last month, a group of current and former Blue Origin employees published an essay alleging the company was a sexist and toxic organization that did not take flight safety seriously. According to the group, while men’s opinions were welcome when it came to concerns about the New Shepard, women were “humiliated for raising them.” Among …
FHLDS is “public policy at its best”
In particular, the figures revealed that the gender distribution of beneficiaries who obtained places in the programs was generally uniform; The news REIA reported showed the program was working. REIA Chairman Adrian Kelly said the recent program progress report indicated the measures were helping more Australians enter the real estate market without pouring fuel into …
Mental health at a cost, inequality
Development & Help, Headlines, Health Opinion Women are almost twice as likely as men to experience mental illness, including depression. Credit: Unsplash / Melanie Wasser. October 11, 2021 (IPS) – World Mental Health Day was October 10, 2021. This year’s theme was “Mental Health in a Unequal Worldâ€. This is an appropriate goal given the …
Foreign holdings of Chinese bonds surge in September as policy eases
SHANGHAI, Oct. 11 (Reuters) – Global bond investors bought Chinese government bonds (CGBs) in September at the fastest pace since January before they were included in a major global index and as investors bet on easing policy to support slowing economic growth. Offshore bondholders held CGBs worth 2.28 trillion yuan ($ 354.26 billion) at the …
Taliban Conclude “Positive” Talks with US Officials in Doha | Taliban news
The Taliban are holding a meeting with EU officials after two days of talks with the United States as they seek international recognition. Senior Taliban officials said they had had “positive” discussions with a US delegation in the Qatari capital, Doha, and started a meeting with EU officials. It was the first face-to-face meeting between …
China Municipal People’s Congress proposes to impose fines of up to RMB 150,000 on applicants for irregular patent applications
On September 30, 2021, the Shanghai Municipal People’s Congress released the draft of several provisions on the establishment of a high-level intellectual property protection system in the Pudong New Area, Shanghai (上市市 浦东 新区海建立 高水平 çŸ¥è¯†äº§æƒ ä¿æŠ¤ 制度 若干 规定 （è‰æ¡ˆ). Article 6 of the provisions proposes to increase the penalties for irregular (or abnormal) …
Will more speculative real estate bubbles save LA’s economy? Not likely.
Over the past few decades, LA’s economy has been in the doldrums. From the public square of the Zocalo commentator Joe Mathews: “What plagues LA – stagnant wages, lack of economic mobility, and racial inequality – are part of a larger American failure, but the symptoms are particularly severe here.” “LA has not matched California’s …
Pandora Papers Lied, According to Assistant Governor Oyetola
Osun State Governor Adegboyega Oyetola has denied Pandora Papers information linking him to multibillion naira deals and overseas real estate ownership. The Pandora Papers are an investigation by the International Consortium of Investigative Journalists, which uncovered shady deals as well as hidden wealth held by hundreds of politicians and serving as heads of government in …
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/cmg/SI7DXY6AZFADVLSHDORRQRW3LU.png)
Athens-Clarke County Police Seek Help Identify Bank Robbery Suspect – WSB-TV Channel 2
ATHENS, Ga. – Athens-Clarke County Police are hoping someone can help them identify a man they say robbed a bank on Wednesday afternoon. [DOWNLOAD: Free WSB-TV News app for alerts as news breaks] Police said just before 5 p.m. Wednesday that they responded to Wells Fargo Bank on the 1000 block of Gaines School Road …
Benefits for everyone or just for the needy? Manchin’s request concentrates the debate
In a private meeting with Mr Biden and nearly a dozen House Democrats in inner city neighborhoods on Tuesday, the prospect of limiting who could benefit from the promised two years of free community college emerged as part of a broader discussion of the program, according to Rep. Susan Wild, Democrat of Pennsylvania. But, she …
Wall Street drops as jobs report raises questions | national
US stocks fell on Friday afternoon after a weak employment report raised questions about the Federal Reserve’s timing to reduce its overwhelming support for markets. The S&P 500 fell 0.2% after fluctuating between small early gains and losses. The Dow Jones Industrial Average fell 46 points, or 0.1%, to 34.708 at 1:48 p.m. EST, and …
Romania sells less than expected treasury bills and bonds
BUCHAREST, Romania, October 7 (SeeNews) – The Romanian Ministry of Finance on Thursday sold a total of 732 million lei ($ 171 million / € 148 million) of new issues of treasury bills and treasury bills due in November 2025 and April 2022 respectively, both lower than the initial target, showed data from the country’s …
Aareal Bank AG: Aareal Bank Confirms Open Discussions with Group of Financial Investors Regarding Majority Stake
DGAP-Ad-hoc: Aareal Bank AG / Keyword (s): Mergers & Acquisitions Aareal Bank AG: Aareal Bank confirms open discussions with a group of financial investors regarding a majority stake 07-Oct-2021 / 16: 19 CET / CEST Disclosure of inside information acc. in Article 17 MAR of Regulation (EU) No 596/2014, transmitted by DGAP – a service …
Spain could pay $ 290 to those under 35 to leave their parents’ home
Spain’s president said those under 35 could be paid $ 290 to leave their family home. Under Pedro Sanchez’s plan, low-income people could receive the payment for two years. The country suffers from high rental costs and unemployment rates, which makes it difficult to rent. Loading Something is loading. Young people in Spain could be …
Taxing the Rich – The New York Times
Sincerity, not corruption Why are Democrats struggling to enact a hugely popular tax hike? The response from some frustrated progressives is that centrist Democrats like Manchin have been bought off by the rich and their lobbyists. And money matters in politics. But campaign donations are at best a partial explanation. It should be remembered that …
Kenya: Pandora Papers – Pressure on President Kenyatta to transfer billions of dollars abroad
The revelation that President Uhuru Kenyatta’s family own billions of shillings in property and liquid assets hidden abroad has sparked new calls for the repatriation of wealth held by foreigners to help grow the struggling Kenyan economy. The first family, in a global talk dubbed Pandora Papers, were among the powerful global figures with multi-million …
Stocks to watch: Nazara Technologies, TCS, Srei
TCS: Global IT services, consulting and business solutions organization Tata Consultancy Services, has announced that its long-standing partnership with State Bank of India (SBI), India’s largest bank, has been extended for five years as the bank begins its next stage of growth based on the three pillars of technology, resilience and people. Nazara Technologies: Rakesh …
/https://specials-images.forbesimg.com/imageserve/615df45c12a5a2a433359f45/0x0.jpg)
Social security: fix it already
There are pragmatic political solutions to strengthen the financing of Social Security Getty Images / iStockphoto As economic inequalities continue to grow, Social Security remains a vital source of retirement income for most older Americans. In fact, a large portion of older Americans, 40 percent by some estimates, receive Social Security retirement benefits, but have …
Oil pulls back after multi-year highs after building up US stocks
Saudi Aramco Entrepreneurship Center to Double Investments in Startups in Next 2-3 Years JEDDAH: More than 600 applications from startups were received for Wa’ed, Saudi Aramco Entrepreneurship Center, roadshows in different cities of the Kingdom. After the first and second roadshows, the third took place on Tuesday in Jeddah in partnership with King Abdullah University …
QSE exceeds 11,600 points on interest on the purchase of foreign funds …
(MENAFN- Gulf Times) The increase in net purchases by foreign institutions on Wednesday lifted the Qatar Stock Exchange above 11,600 levels.Bank and transport counters saw above-average demand, with the Qatar 20-stock index gaining more than 85 points or 0.74% to 11,606.92 points, recovering from an intraday low of 11. 534 points.Gulf funds were seen as …
Latest Updates: US Private Sector Creates Most Jobs in 3 Months
US private sector hires increased the most in September in three months, fueled by the hospitality and entertainment industry as the spread of Covid-19 slowed. The US private sector payroll increased by 568,000 last month, according to a report by payroll processor ADP. It was the biggest increase since June and exceeded economists’ expectations for …
Sri Lanka receives five foreign currency term loan proposals
ECONOMYNEXT – Sri Lanka has received responses from five parties to a request for proposals for foreign currency term loans, said Treasury Secretary Sajith Attygalle. Three banks and two investment firms had submitted proposals on October 5, Attygalle said. Sri Lanka had previously extended the deadline at the request of some potential lenders who wanted …
Fed Chairman Jerome Powell faces reappointment amid uproar
As Jerome H. Powell’s tenure as Federal Reserve Chairman comes to an end, President Biden’s decision whether or not to keep him in office has become more complicated amid vocal opposition from Senator Elizabeth Warren to his leadership and an ethics scandal that engulfed his main bank. Mr Powell, whose four-year term as President expires …
Bond ETFs That Can Help Fixed Income Investors Navigate Today’s Markets
As we take a look at what is behind the headlines, investors in fixed income exchange traded funds should consider a new approach to bonds. In the recent webcast, A Pioneering Deep Dive: What’s Next for Fixed IncomeJanel Jackson, Director of Vanguard and Head of U.S. ETF Capital Markets, described what is happening in the …
Myanmar Civilian Finance Minister calls on public to voluntarily pay taxes
Maintenance Democracy supporters in Japan are raising funds by selling raffle tickets to support the Burmese revolution in August. Through The Irrawaddy October 5, 2021 The Committee representing Pyidaungsu Hluttaw (Union Parliament) – the CRPH approved its Union tax law on September 20 and the civilian National Unity Government (NUG) urged the public, especially businesses, …
Japan will take action to support economy, new Minister Yamagiwa says
TOKYO, Oct.5 (Reuters) – The Japanese government will take all necessary measures to support the economy, which has been hit hard by the coronavirus pandemic, New Economy Minister Daishiro Yamagiwa said on Tuesday. Yamagiwa, who is one of the 13 new faces in the cabinet of new Prime Minister Fumio Kishida, told reporters at his …
Stocks fall again as Big Tech tumbles.
Wall Street stocks fell on Monday, with the S&P 500, the US benchmark, losing 1.3% and the Nasdaq composite dropping 2.1%. Apple, Amazon, Google and Microsoft all closed down more than 2%, while Facebook was down 4.9%. The biggest tech companies have a huge influence on the S&P 500 and the Nasdaq. The S&P 500 …
LBS Bina presents proposals to stimulate the housing market
PETALING JAYA: Real estate developer LBS Bina Group has presented several proposals to boost the local housing market in its 2022 budget wishlist. What he hopes to see is: a) Ongoing implementation of the Home Ownership Campaign (HOC) LBS hopes that the government will consider a permanent implementation of the HOC as well as a …
Latest updates: Global trade expected to grow at fastest pace in 11 years
Oil prices hit their highest level in at least three years after Opec and its allies agreed to stick to existing oil production plans, resisting calls to help cushion the price spike in energy to protect economic recovery. Brent crude oil, the international benchmark, rose 3% on Monday to trade as low as $ 81.48 …
Local bond market still turbulent
Local bond market still turbulent Raising the public debt ceiling increases yields The Thai bond market has been very volatile in recent weeks, particularly 10-year government bonds, whose yields rose by around 0.9 basis points in September, hampered by the potential US default. United. Investors expect the supply of local government bonds to increase from …
McAuliffe’s promise to speed up the VCEA schedule will accelerate the rise in the VCEA consumer bill
CSC staff’s 2020 projection of the monthly residential bill increase by 2030 for Dominion Energy Virginia customers, primarily related to a rapid phasing out of fossil fuels. by Steve Haner When an analysis of State Corporation Commission staff warned last year of an annual increase of $ 808 in residential bills from Dominion Energy Virginia …
Former Conran D & D’s Restoration Empire to Change Hands in £ 100million Buyout | Economic news
The restaurant empire founded by Sir Terence Conran will change hands for the first time in nearly a decade after its owners entered into exclusive talks with a little-known private investor. Sky News has learned that D&D, which owns top London restaurants such as the Bluebird in Chelsea, the Coq d’Argent in the heart of …
Left-wing low interest rate fantasy worsens inequality
Receive free updates on US inflation We will send you a MyFT Daily Summary email gathering the latest news on US inflation every morning. Unlike many on the American left, I have always been skeptical that ultra-low interest rates make it easier for the poor. Keeping rates too low for too long encourages speculation and …
/cloudfront-us-east-2.images.arcpublishing.com/reuters/3JRFXE6USBI7RMFT34X4BHGEWA.jpg)
Japanese government to compile big supplementary budget after polls, LDP heavyweight says
Japanese Economy Minister Akira Amari speaks at a press conference in Tokyo, Japan, January 28, 2016. REUTERS / Yuya Shino TOKYO, Oct.3 (Reuters) – Japan will establish a significantly large supplementary budget immediately after the next general election to ease pandemic pain and support long-term growth in areas such as green, digital and infrastructure, said …
New Book Shines Light on 19th Century ‘Floating University’: Harriman Expedition to Alaska
Members of the Harriman Alaska Expedition pose on the beach in the deserted village of Cape Fox, Alaska, in 1899 (Library of Congress photo) The Harriman Alaska Expedition of 1899: Scientists, Naturalists, Artists, and More Document America’s Last Frontier By John J. Michalik. McFarland & Company, Inc., 2021. 270 pages. $ 49.95 paper or $ …
Name deletion | Monticello woman at the top of the class as gardener | People
Kathy Lattz of rural Monticello was named the State’s Outstanding Master Gardener in 2021. Steve Hoffman / Piatt County Journal-Republican Kathy Lattz of rural Monticello was named the State’s Outstanding Master Gardener in 2021. Steve Hoffman / Piatt County Journal-Republican In education parlance, Kathy Lattz would be described as a lifelong learner. In horticultural parlance, …
Basic income would support the arts sector
By Jana MacKenzie, Allied Arts Council, October 2, 2021. During the long days of isolation and closure, we all have had the art of being entertained and staying connected. And although theaters, concert halls and galleries were the first to have their doors closed, artists from all disciplines have continued to produce and present their …
Senator Menendez denounces Turkish occupation on Cyprus independence day
President Anastasiades honored Senator Menendez with the highest order of merit of Cyprus in August. Credit: Cypriot Presidency US Senator Bob Menendez (DN.J.), chairman of the Senate Foreign Relations Committee, made a statement in support of Cyprus on Friday on the 61st anniversary of its independence. Senator Menendez is a notorious ally of Cyprus when …
gas company provides new training tool for firefighters | News, Sports, Jobs
Warren Scott NEW TRAINING TOOL – Encino Energy officials on Friday presented a 12ft by 20ft tank that will be used by the Wintersville Fire and Rescue Service to train firefighters to operate in confined spaces in the part of its new three-level firefighter training center. Wintersville Fire Chief Rob Herrington marked the donation with …
How Dickensian is China?
October 2, 2021 WIT IS HIS fast trains, super apps, digital payments and techno-surveillance, China may appear to be a vision of the future. But for some researchers, like Yuen Yuen Ang of the University of Michigan, it also brings to mind the past. Its accumulation of wealth and elaborate choreography of corruption is reminiscent …
Strong interests in buying foreign funds elevate sentiment; the index adds 244 points
The Qatar Stock Exchange gained more than 244 points this week, mainly thanks to strong buying interests from foreign institutions.Industry and telecommunications meters saw above-average demand as the Qatar 20-stock index climbed 2.18% this week, allowing global rating agency Standard and Poor’s to estimate that business sentiment in Qatar is expected to improve in the …
Introducing the decentralized money stack
This week, when the MIT Technology Review team put me in a fireside chat with reporter Charlotte Jee at their Emtech MIT talk, the session’s title – “Demystifying Decentralized Finance†– m ‘ made you think. It occurred to me that before we can demystify DeFi, or for that matter the larger ecosystem of blockchains …
NMCN to Miss Results Deadline Amid Refinancing Efforts
NMCN has confirmed that it will miss a November deadline to release its results, which are needed to refinance the company. On September 24, the entrepreneur set a schedule for finalizing the company’s refinancing after suffering heavy losses. This involved the publication of a prospectus on November 1, which would first require that its results …
Markets can remain under pressure; Maruti, Zee, HDFC Bank in brief
MUMBAI: Markets may continue to remain under pressure on Friday as SGX Nifty trends point to weak opening in Indian benchmarks. On Thursday, the BSE Sensex closed at 59,126.36, down 286.91 points or 0.48% and the Nifty finished at 17,618.15, down 93.15 points or 0.53%. Asian stocks and US futures began October on the decline, …
MM2H reopens despite lack of clarity
KUALA LUMPUR (October 1): Malaysia My Second Home (MM2H) program reopens today, but excitement over the long-awaited reopening has been dampened by lack of clarity regarding its revised regulations, editor-in-chief said of EdgeProp Malaysia and Managing Director Au Foong Yee. In Astro AwaniThe “Consider This†live show, hosted virtually by Melisa Idris and Sharaad Kuttan …
BoT chief predicts patchy recovery
Bank of Thailand Governor Sethaput Suthiwartnarueput (Photo by Bank of Thailand) Economic inequalities are expected to widen once the epidemic is brought under control, as low-income people are likely to continue to suffer from the impact of the pandemic during a patchy recovery, Bank of Thailand Governor Sethaput Suthiwartnarueput said. Thailand was struggling with economic …