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Closed Economies


It spreads more easily, is more serious and is more resistant to vaccines. More than a year and a half since the emergence of Covid-19 in China – triggering a global pandemic that has crippled economies, killed millions of people and forced international borders to close – there are growing fears that the strain Indian …

Thursday June 10, 2021: The exchange rate between the naira and the US dollar closed at 411.83 naira / 1 dollar at the official counter for investors and exporters. The naira depreciated against the US dollar on Thursday to close at N411.83 per dollar, down 0.21% from the N410.95 / $ 1 recorded on Wednesday, …

The scale and scope of the expansion of public spending over the past year is unprecedented. Because Uncle Sam doesn’t have any money, much of it went on the government’s credit card. The deficit and the debt have skyrocketed. But this is only the beginning. The Biden administration recently proposed a budget of $ 6 …

Global stock markets closed near record highs and US bond yields fell on Wednesday as some of US President Joe Biden’s stimulus efforts appeared to be on the rocks, boosting the appeal of tech stocks as inflationary pressures ease. . A little-noticed move by Senator Elizabeth MacDonough in May said Democrats can only use “reconciliation” …

Liberal Party of Australia Defying skeptics, the Australian economy has once again shown its strength. Growth is up, unemployment is down and this week Standard & Poor’s, one of the major international credit rating agencies, raised Australia and reaffirmed our AAA status. The economic recovery has been “faster and stronger”, they said, unemployment “has fallen …

Advisors Asset Management has appointed Clifford Corso president and chief IT officer to oversee the company’s nearly $ 40 billion in assets. Corso joins the company after working at Insight Investment, where he was CEO of North America for more than six years. In his new role, Corso will be responsible for growing and scaling …

The New York Stock Exchange is pictured in the Manhattan neighborhood of New York, New York, United States, on April 16, 2021. REUTERS / Carlo Allegri / File Photo The S&P 500 (.SPX) closed a languid session slightly in the red on Monday, with investors watching for the announcement of a global minimum corporate tax …

TOKYO – Asian stocks were mixed on Monday, as the initial euphoria over the gains that ended last week on Wall Street quickly faded. Japan’s benchmark Nikkei 225 was up 0.3% in morning trading to 29,022.12. The Australian S & P / ASX 200 lost its earlier gains, falling 0.1% to 7,290.60. South Korea’s Kospi …

Rizky Eka Valdano has spent nearly a decade building a travel business from the ground up. At the start of 2020, the Indonesian entrepreneur – who grew up in economic difficulties and paid for his education by peddling fake Rolex watches – had 12 employees, a Japanese car and credit cards. Mr. Rizky’s business has …

Treasury Secretary Janet Yellen said the recent price hike will subside and the U.S. labor market, while improving, still has some way to go before it regains its pre-pandemic strength. “We’re seeing some inflation but I don’t think it’s permanent,” Yellen said at a press conference on Saturday after the G-7 finance meeting in London. …