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Economic news


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 …

Last week, the Forum of Official Monetary and Financial Institutions (OMFIF) released its eighth annual Global Public Investors (GPI) report. It included a survey of asset allocation plans by reserve managers of central banks, sovereign wealth funds and public pension funds. Together, the 102 investors who responded to the survey manage $ 42.7 trillion in …

NEW YORK – The US dollar rose late Friday as market participants digested the latest economic data. The dollar index, which measures the greenback against six major peers, rose 0.09% to 92.9104. At the end of the session in New York, the euro fell to 1.1770 dollars against 1.1771 dollars in the previous session, and …

First appearance at Policy Center for the New South (July 7, 2021) The world faces a huge infrastructure investment gap compared to its needs. With a few exceptions, such as China, this deficit is greatest in emerging and developing countries. The G20 Infrastructure Investors Dialogue estimated the volume of global infrastructure investment needed by 2040 …

For those who support the US economy, it has been a tremendous week. Initial jobless claims fell to a 15-month low; the Congressional Budget Office raised its projection for economic growth from 2021 to 7.4%; and the economy created 850,000 new jobs in June, well ahead of expectations. The same report showed an increase in …

Non-fungible tokens, or NFTs, will become a fundamental part of the tech investment megatrend over the next decade. This is despite declines of around 80% in the last few days in the NFT market, compared to a peak of $ 102 million in one-day NFT trades in early May. NFTs are digital collectibles encoded on …

On Wednesday, El Salvador became the first country to adopt Bitcoin as official legal tender. It is a milestone day. El Salvador’s Legislative Assembly voted to pass a bill declaring the world’s largest cryptocurrency by market capitalization as legal tender, according to the Communications Secretariat of the Presidency of the Republic of El Salvador. The …

The Trump and Biden administrations have launched an unfounded genocide case against China. It has been disputed by the White House’s own legal experts. With its dark roots, the policy of genocide makes fun of real genocides. In July 2020, then Secretary of State Mike Pompeo accused the Chinese Communist Party (CCP) of “using forced …

Positive signals in the construction industry; AIA’s architecture billing index through April 2021 shows a strong rebound as the effects of COVID-19 continue to subside. The Architecture Billings Index (ABI) is a composite index derived from monthly surveys conducted by member firms of the American Institute of Architects (AIA) located across the country and reporting …

The equity market is experiencing some lull with little flow of information about the companies and the economy to provide direction. The benchmark S & P / NZX 50 closed 0.08%, or 10.073 points, at 12,429.98 on Thursday. “There is a bit of a vacuum in the news for kiwifruit investors,” said Greg Smith, research …