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Just What Exactly Do Conservatives Think Inflation Is?
1+ hour, 47+ min ago (514+ words) Forbes Just What Exactly Do Conservatives Think Inflation Is? Just as the left captured the formerly laudatory descriptor of "liberal," economists have stolen "inflation." Once evidence of currency shrinkage, inflation has now become too much economic growth. Worse, implied in…...
Oman inflation eases to 3. 2% in April but fruit, vegetable prices surge
17+ min ago (34+ words) Oman's annual inflation rate eased slightly to 3. 2% in April, down from 3. 6% in March, according to the latest Consumer Price Index (CPI) data released by the National Centre for Statistics and Information....
CBN CRR costs Nigerian banks N2. 5 trillion in lost earnings
3+ hour, 14+ min ago (374+ words) Nigeria's banking sector may be losing trillions of naira annually due to the Central Bank of Nigeria's (CBN) high Cash Reserve Ratio (CRR), according to a new report by investment banking and research firm Chapel Hill Denham." The report titled'The…...
Mortgage Loans Jump 5. 5 Trillion Won as Capital Gains Tax Reprieve Nears End
8+ hour, 35+ min ago (240+ words) Largest Increase in Eight Months Mortgage loans in Korea's financial sector rose more than 5 trillion won last month, marking the largest increase in eight months. Analysts attribute the surge to a pickup in housing transactions in Seoul and the surrounding…...
European countries are facing price increases of up to 5060% for defense
8+ hour, 36+ min ago (269+ words) Against the backdrop of rapidly rising defense spending in NATO countries and growing demand for weapons in Europe, prices for defense procurement have risen significantly'in some cases by 5060% over the past two years, Estonian Defense Minister Hanno Pevkur said, as…...
Nepal received only 14% of approved foreign investment in FY 2024/25
3+ hour, 49+ min ago (167+ words) KATHMANDU: Nepal has received only a small portion of its approved foreign investment commitments, according to the Office of the Auditor General. The Auditor General's 63rd Annual Report states that foreign investment proposals worth Rs 79. 69 billion from 1, 009 investors were approved in…...
Gulf, International Initiative to Assess War's Impact on Private Sector
2+ hour, 31+ min ago (1629+ words) Asharq Al-Awsat has learned of a joint initiative by the Federation of GCC Chambers and the International Labor Organization to conduct a rapid assessment of the impact of the war on the private sector and labor markets across Gulf Cooperation…...
Mortgage rates dip to 6. 42% as spring homebuying season heats up, applications jump 20%
5+ hour, 45+ min ago (246+ words) Mortgage rates just dipped to 6. 42% as the spring homebuying season shifts into high gear. Applications jumped 20% in recent weeks, signaling renewed buyer confidence. But here's the twist: despite favorable conditions, the market faces a mysterious psychology problem. Pending sales trending…...
Fed May Pivot to Hikes as Inflation, Geopolitical Risks Mount
5+ hour, 19+ min ago (52+ words) Whalesbook Federal Reserve policymakers face a growing challenge as geopolitical instability intensifies inflationary pressures. Elara Securities predicts this situation may lead the Fed to abandon its easing stance, forcing a difficult balance between controlling persistent price growth and monitoring the…...
Karnataka rolls out India's first alcohol-in-beverage liquor tax system | India News
58+ min ago (304+ words) The revised framework removes government-administered price fixation, allows producers to position products within pricing slabs based on market considerations | India News...