FFirst it was a financial crisis. Then a decade of slow growth that fueled political anger. After that came a pandemic. Just when the threat of Covid-19 seemed to recede, a European war occurred. Welcome to the era of incessant crises. Comparisons are often made between today and the 1970s,Read More →
March 8, 2022 MANILA – The Philippines will be able to weather the economic fallout from the Russian-Ukrainian war, Finance Secretary Carlos Dominquez III told President Rodrigo Duterte on Monday during the weekly taped “Talk to the People” briefing. “The Philippine economy will probably be collateral damage. It’s like we’reRead More →
This is a column by Charlie Harper, an Atlanta-based public policy expert and longtime contributor to the Savannah Morning News. In the long run, we are all dead. This is perhaps the most famous quote – and caveat – from the late economist John Maynard Keynes. While Keynes is todayRead More →
The Bank of Canada raises its key rate The Bank of Canada has raised its target policy rate for the first time since it cut its benchmark rate to its lowest level at the start of the COVID-19 pandemic. The central bank raised its key rate by a quarter ofRead More →
As investors explore ways to save tax on their cryptocurrency investments, crypto platforms are introducing new products. They seek to earn interest on their crypto deposits or take out loans against cryptocurrencies, without attracting the new tax. The budget proposed a 30% tax on digital currency returns and a 1%Read More →
Continued from yesterday In the oil and gas industry, for example, all major legal work (valued well over $1 billion) by major IOCs is done by retained foreign law firms. These overseas law firms are engaged in extensive legal support for IOCs – from advising on contract drafting, consultation, arbitration,Read More →
Continuation from yesterday In the oil and gas industry, for example, all major legal work (worth well over $1 billion) done by major IOCs is done by retained foreign law firms. These overseas law firms are engaged in extensive legal support for IOCs – from advising on contract drafting, consultation,Read More →
Abilene’s economic outlook is complicated, but there are reasons for optimism in the face of external challenges. That seemed to be the common thread running through speakers’ comments during the Abilene Chamber of Commerce’s inaugural State of the Community and Economic Outlook luncheon Wednesday at Abilene Christian University’s Hunter WelcomeRead More →
The India Economic Survey acts as a bulletin of the economy presented by the government which also features a prescriptive policy plan with a short to medium term horizon. Published on the eve of the EU budget, it also provides an overview of the macroeconomic framework that underpinsRead More →
This year, Finance Minister Nirmala Sitaraman would present the 2022 budget in a better macro environment than last year. The recovery in economic growth is strong and tax collections are better than budget estimates. However, the challenges facing the Minister of Finance continue to be daunting. The government’s first priorityRead More →
Fridaytime, January 21, 2021 / 11:00 / Bukola Akinyele-Yisau for WebTV / Header image credit: WebTV Ethical funds are catalysts for creating wealth and economic value for investors, especially in frontier markets like Nigeria. Dr. Yusuf Adeneye, Senior Lecturer, Universiti Malaysia Kelantan, underscored this point by explaining “Eethical funds, economicRead More →
Have you found yourself in need of more cash lately? If so, you’re not alone. Over the last decade, the number of people with a personal loan has nearly doubled from around 11 million in 2010 to around 21 million in 2020, and personal loan debt has nearly tripled fromRead More →
LITTLETON – Two years after the start of the COVID-19 pandemic, the local real estate market remains strong, although a tightening in inventory has started to slow sales. That report, along with the new kind of demographics entering the region, were featured in a local housing market update by AndyRead More →
As the “Emerging Trends in Real Estate Report 2022” report by PwC US and the Urban Land Institute reveals a robust real estate market driven by a booming economy, the lack of affordable housing and the impact of climate change and inflation are a cause for concern. In the 111-pageRead More →
There is an ongoing debate about a possible exemption from interest payments for the six-month moratorium period granted by the RBI. While a waiver can provide immediate short-term relief to borrowers, if history teaches us anything, waivers come with far-reaching, long-term concerns. First, who should be entitled to receive theRead More →