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China mixed on economic news
(MENAFN- Baystreet.ca) China mixed on economic news Advertising Stocks in Asia-Pacific were mixed on Tuesday, as data showed slower growth in Chinese factory activity in August.The Nikkei 225 climbed 300.25 points, or 1.1%, to 28,089.54. The Japanese yen was trading at 109.84 per dollar, lower than the levels below 109.8 seen against the greenback yesterday.In …
Helicopter Rescue Reserves – Economic News, Analysis & Discussions
The world woke up on Monday 23 with higher international reserves for all countries. A new allocation of US $ 650 billion (SDR 450 billion) in Special Drawing Rights (SDRs) by the International Monetary Fund (IMF) to its member countries has come into effect. SDRs are an international reserve asset created by the IMF and …
How the courage of young people created a strong post-pandemic socio-economic system in Ghana
Timothy Dziedzom Amaglo-Mensah is the winner of Blog4Dev 2021 competition for Ghana This is one of the 38 winning blogs of the Blog4Dev 2021 competition, the World Bank’s annual writing competition in Africa, inviting young people to express their views on a subject essential to the economic development of their country. Blog4Dev winners answered the …
Covid’s first year of recession: who won, who lost?
Lately we’ve been hearing a lot about America’s billionaires who have increased their wealth by over $ 1 trillion in the past year as Covid precipitated the economy’s deepest recession since the 1930s. actual over the past year – as of the spring quarter of 2020 last year. until the spring term of 2021. During …
Afghanistan Turmoil adds to list of investor concerns
The rapidly evolving situation in Afghanistan must be added to the growing list of global issues for investors to watch as stock markets digest the Taliban’s return to power, warns the CEO of one of the largest independent organizations in global financial, asset management and fintech consultancy. . The warning from Nigel Green, chief executive …
Global imbalances and pandemic
The tenth edition of the International Monetary Fund External Sector Report (ESR, August 2021) shows how the current account deficits of the global economy widened in 2020 during the pandemic. On the flip side, the ESR also argues that, overall, the misalignment between fundamentals and current account balances has not been exacerbated. The pandemic has …
New professional business and economic news network launched in Sierra Leone – The Sierra Leone Telegraph
Sierra Leone Telegraph: August 4, 2021: A new professional network is launched today (August 4, 2021) by the Sierra Leone Journalists Association (SLAJ) with the Sierra Leone Journalists Union (SLRU) as an implementing partner, in the aim of stimulating the production of independent information on trade, financial and economic issues in Sierra Leone, bringing together …