The author is engaged in a project to develop the financial literacy and business acumen of small and medium enterprises (SMEs) in Sri Lanka with the assistance of the Institute of Chartered Accountants of Sri Lanka. (CA Sri Lanka). Although CA Sri Lanka, which is the authority responsible for […]
Inflation continues to rise in many countries. Until recently, central banks such as the ECB or the Swiss National Bank viewed the current rise in inflation as temporary, albeit more persistent than expected. They attributed the high inflation rates to base effects, supply bottlenecks and demand shifts, all related to the pandemic, and expected these […]
Search mutual fund quotes, news, net asset values Tata Motors INE155A01022, TATA MOTORS, 500570 ICICI Bank INE090A01021, ICICIBANK, 532174 BSE limited INE118H01025, BSE, 0 CDS INE467B01029, SDC, 532540 Tata Steel INE081A01012, TATASTEEL, 500470 […]
ISLAMABAD: Wellness is an elusive term. Politicians talk about welfare all the time and demand votes based on the welfare of the masses. There is a popular concept of a welfare state, which is supposed to take care of the masses, for example by providing them with unemployment benefits, subsidies or food. However, it is […]
Even though the Reserve Bank of Australia has remained evasive about the start of the rate hike cycle in 2022, strong economic growth indicators have led some economists to predict that interest rates could start to rise as early as June. Labor force data released last week by the Australian Bureau of Statistics (ABS) showed […]
When quarantine-free one-way travel (QFT) was introduced in October 2021 for Samoa, Tonga and Vanuatu – three countries participating in New Zealand’s Recognized Seasonal Employer (RSE) scheme – it was considered that the arrangement would bring significant relief to horticulture and viticulture. grape growers seeking seasonal labor for the 2022 season. Thanks to a series […]
Until a few years ago, India, bound by restrictions and plagued by a lack of technology and talent, was no country for drones. In August 2021, the government has liberalized its drone policy. For a fortnight, hope has multiplied on the ground. First, the public conversation is supportive. Finance Minister Nirmala Sitharaman, in her February […]
Orbis Issue revisited: Spring 2021 (65:2), “Challenges Facing the Biden Administration A focus on foreign (economic) policy for the middle class remains a key organizing principle for the Biden administration, but so far it has seemed more powerful in terms of rhetoric than implementation. This partly reflects the fact that a key element of foreign […]
What has happened – or hasn’t happened – weather-wise over the past two months is a stark reminder of the erratic nature of California’s vital water supply. After months of severe drought, the state experienced record storms in December, creating heavy snowpack in the mountains while replenishing severely depleted reservoirs. But January, historically a month […]
By Dan Walters Cal Matters What has happened – or hasn’t happened – weather-wise over the past two months is a stark reminder of the erratic nature of California’s vital water supply. After months of severe drought, the state experienced record storms in December, creating heavy snowpack in the mountains while replenishing severely depleted reservoirs. […]
What has happened – or hasn’t happened – weather-wise over the past two months is a stark reminder of the erratic nature of California’s vital water supply. After months of severe drought, the state experienced record storms in December, creating heavy snowpack in the mountains while replenishing severely depleted reservoirs. But January, historically a month […]
Dan Walters California’s changing weather conditions have made the state’s water apparatus less efficient, but making much-needed changes runs into Byzantine procedural hurdles. What has happened – or hasn’t happened – weather-wise over the past two months is a stark reminder of the erratic nature of California’s vital water supply. After months of severe drought, […]
What has happened – or hasn’t happened – weather-wise over the past two months is a stark reminder of the erratic nature of California’s vital water supply. After months of severe drought, the state experienced record storms in December, creating heavy snowpack in the mountains while replenishing severely depleted reservoirs. But January, historically a month […]
In today’s Money Morning…how much inflation is good inflation?…making hay while the sun is shining…if you thought the speculative frenzy was over, don’t count on it…and more… Yesterday RBA Governor Philip Lowe described ‘the year ahead’. In a lengthy speech to the National Press Club, Lowe detailed his thoughts on the Australian economy and the […]
At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on foreign exchange settlement balances at zero percent. It has also decided to cease all purchases under the bond purchase program, with the last purchases due to take place on February 10. The Omicron […]
JACKSON, Mississippi (AP) — The unreliable water system in Mississippi’s capital city causes problems several times a year at Styles of Essence barbershop, where water service can suddenly be cut off as workers repair pipes broken nearby. Owner and stylist Belinda Smith keeps more than a dozen water jugs at the small South Jackson boutique, […]
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Health insurance policies are often considered mandatory risk coverage. Yet many people in our country do not have a proper health insurance policy in place. Once again, among those who have it, many are insufficiently insured. Medical costs are increasing day by day and it has become important to have enough coverage for you and […]
Maritime piracy has long haunted both global shipping and people living near coasts (e.g. Accetture et al. 2020). However, in times of pandemic-induced port closures, the blocking of the Suez Canal by the Ever Given, and conflicts between rival governments in the Strait of Hormuz and Southeast Asia (Cosar and Thomas 2021) , it does […]
By Nikolay Georgiev and Ryota Nakatani Careful calibration of spending and tax policies can reduce the inequalities caused by automation. For many observers, automation has been responsible for both strong economic growth and rising inequality in many countries in recent decades. Automation increases productivity, but it can exacerbate inequalities. In effect, it replaces low-skilled workers […]