Economic Contraction

BSP is unlikely to raise rates and lower RRR anytime soon

BANGKO SENTRAL ng Pilipinas is likely to keep interest rates and bank reserve requirements stable in the interim. – NB FILE PHOTO THE CENTRAL BANK will not be raising rates or reducing the reserve requirement ratio (RRR) of banks anytime soon, as the economy’s recovery is only in its “early …

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Goldman cautiously seeks yield in emerging debt

The hunt for yield is back for emerging market investors, but with some caution. Quasi-sovereign bonds, corporate notes held at least in part by a government, are in vogue for companies such as Goldman Sachs Group Inc. and Barings LLC seeking strong returns amid economic uncertainty. INITIATEDGOLD Subscribe for full …

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Biden touts hiring hike in July, warns virus remains threat

WASHINGTON – President Biden performed a held victory lap on Friday after receiving the best jobs report in nearly a year, and urged Americans to get vaccinated to prevent a resurgent coronavirus from jeopardizing the economic recovery of the country. country. “My message today is not a celebratory message,” Biden …

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Goldman Sachs confident in PH’s economic rebound

Global investment firm Goldman Sachs expressed confidence in the Philippines’ resilience and strong positioning against its credit rating peers to recover from the pandemic thanks to low debt burden, account surplus current and robust and sustainable growth over the next two years. He said the recent assertion by Moody’s Investor …

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In a year of resumption of growth, food production could experience a contraction

Although some parts of the country are affected by devastating floods, monsoons have been erratic and insufficient in many areas. As a result, planting during India’s main agricultural season, kharif, has been slower than in 2020. During this pandemic year, a heavy monsoon and a bumper harvest alleviated economic distress …

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BSP: rapid and wider vaccination to avoid deeper economic scars

Lawrence Agcaoili (The Philippine Star) – July 24, 2021 – 12:00 am MANILA, Philippines – Rapid and widespread access to vaccines is crucial to preventing deeper economic scars, boosting demand and building confidence amid the emergence of COVID-19 variants in the country, said Benjamin Diokno , Governor of Bangko Sentral …

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The pandemic recession was the shortest on record in the United States

NEW DELHI: While the Covid-19 pandemic is far from over, as the growing number of cases in various countries sadly illustrates, the recession it has caused in the US economy officially is. For some time, as the official columnist of US economic cycles announced on Monday. According to an official …

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Glynn’s Take: RBA Bonds Rise Buy Glass-Only Option

By James Glynn SYDNEY – It’s not too far to imagine Reserve Bank of Australia Governor Philip Lowe in the wheelhouse of a squeaky machine called an economy, surrounded by whistling gauges, levers and pulley systems. With every adjustment of the political dials, Mr. Lowe tries to smooth out economic …

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GIEWS Country Profile Ecuador 20-Jul-2021 – Ecuador

FOOD SECURITY OVERVIEW The main season maize harvest continues under favorable conditions Cereal import requirements for the 2021/22 season forecast at high levels Prices of yellow corn and rice declined seasonally in the second quarter of 2021 Growing concerns about the food security conditions of the most vulnerable households The …

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What are the factors driving the increased demand for insurance against strikes, riots and civil unrest?

The effect of GFC on public finances has led many governments to adopt austerity measures, including spending cuts and tax increases. This, in turn, has led to popular opposition movements and street protests, including the Occupy movement in the United States and elsewhere. In recent years, the Black Lives Matter …

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