Economy

Confidence in local economy mixed amid rise in COVID-19 cases: poll

Confidence in local economy mixed amid rise in COVID-19 cases: poll

Taipei, Sept. 24 (CNA) Investors seemed mixed on the local economy at a time when the number of COVID-19 infections has surged as the Omicron BA.5 variant gains ground, according to a study by Cathay Financial Holding Co. . Cathay Financial, one of Taiwan’s leading financial holding companies, said 21.8 percent of respondents in the …

Confidence in local economy mixed amid rise in COVID-19 cases: poll Read More »

Shah highlights at Bihar rally that India will become the 5th largest economy in the world, overtaking the UK – ThePrint – ANIFeed

Shah highlights at Bihar rally that India will become the 5th largest economy in the world, overtaking the UK – ThePrint – ANIFeed

Kishanganj (Bihar) [India]Sept. 24 (ANI): Home Secretary Amit Shah on Saturday highlighted the country’s growth and said India, which ranked 11th in the list of the world’s largest economies in 2014, has today overtaken the UK and took 5th position. At a public meeting here, Shah said: ‚ÄúThis Amrit Kaal is the time to set …

Shah highlights at Bihar rally that India will become the 5th largest economy in the world, overtaking the UK – ThePrint – ANIFeed Read More »

Will GBP/USD also lead to parity as the UK economy goes into recession?

Will GBP/USD also lead to parity as the UK economy goes into recession?

The Bank of England was one of the first to begin raising interest rates last December, after making seven consecutive hikes at each meeting. They have been unable to cope with the price increase as consumer inflation reached record levels in recent months. However, what these rate hikes have done has hurt the economy. Economic …

Will GBP/USD also lead to parity as the UK economy goes into recession? Read More »

Kenya’s central bank predicts economic restart after peaceful political transition

Kenya’s central bank predicts economic restart after peaceful political transition

By JAMES ANYANZWA Kenya’s Central Bank is forecasting better performance for the country’s economy, leaving behind months of elections and uncertainty that failed to launch a Eurobond earlier this year. Kenya swore in its new president on September 13, ending uncertainty about its political future. Now, the banking regulator says the peaceful change in leadership …

Kenya’s central bank predicts economic restart after peaceful political transition Read More »

Hispanics in America, fifth largest world economy

Hispanics in America, fifth largest world economy

Since the 15th, the United States of America has been celebrating Hispanic Heritage Month. A journey through five centuries of Spanish presence in the First World Power. Indeed, this recognition dates back to 1968, when Hispanic Heritage Week began to be celebrated, although it had been with Ronald Reagan at the White House since 1988, …

Hispanics in America, fifth largest world economy Read More »

More billionaires would help the economy, says Larry Summers

More billionaires would help the economy, says Larry Summers

Larry Summers has a soft spot for billionaires. Well, that might be a bit strong. But in a recent extended conversation with Fortune on inflation, the economy and yes, billionaires, Summers said we need more of it instead of less. Indeed, he believes it is critical to maintain the freewheeling entrepreneurial culture that breeds so …

More billionaires would help the economy, says Larry Summers Read More »

Economy of Francesco Covenant: ‘Building an Economy of the Gospel’

Economy of Francesco Covenant: ‘Building an Economy of the Gospel’

Young economists and Pope Francis sign a covenant to improve the global economic system to improve the lives of all people, as a result of Francesco’s three-day Economy event in Assisi. By Devin Watkins As Francesco’s economy entered its final day on Saturday, Pope Francis joined thousands of young people from around the world to …

Economy of Francesco Covenant: ‘Building an Economy of the Gospel’ Read More »

Economics professor says history shows interest rate hikes won’t save the economy |  Granite City News

Economics professor says history shows interest rate hikes won’t save the economy | Granite City News

The Federal Reserve raised interest rates by three-quarters of a point this week in an attempt to tame inflation, but an expert believes history is not on the Fed’s side. The Fed has pushed up borrowing costs at the fastest rate in decades, but so far its actions have done little to curb the rise …

Economics professor says history shows interest rate hikes won’t save the economy | Granite City News Read More »