Monthly Archives: June 2021

Coal Creek Station Finds New Owner in Bismarck Company | Local News for Bismarck-Mandan, North Dakota

North Dakota’s largest coal-fired power station, Coal Creek Station near Falkirk. Tom stromme The search for a new owner for Coal Creek Station is over, as a Bismarck-based company has entered into a deal with operator Great River Energy to purchase the power plant. The subsidiaries of Rainbow Energy Marketing …

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UK current account deficit is expected to widen significantly in the coming months

The UK current account deficit narrowed in the first quarter of 2021, a development that fundamentally supports long-term sterling exchange rates. However, a look at the details of the latest balance of payments statistics of the ONS shows that the deficit reduction is almost certainly temporary, as Brexit played an …

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Beware of the “ESG bubble”, declares the ex-president of GPIF

The former chairman of the board of governors of the world’s largest pension fund said he saw signs of a “bubble” in environmental, social and governance investments, and said the Japanese fund should heed the contribution of ESG assets to returns. Eiji Hirano, who served as Chairman of the Board …

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IMF Executive Board concludes 2021 Article IV consultation with Hungary

Washington, DC: On June 18, 2021, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Hungary and approved the staff appraisal without a meeting.[1] The economy has been hit hard by the pandemic. GDP fell by 5% in 2020. Average inflation was 3.3% but, …

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Latest round of general moratorium less likely to hurt bank profits due to membership base, analysts say

KUALA LUMPUR (June 29): Analysts expect the latest general moratorium on loan repayments to result in lower modification losses for banks, as it is offered on a voluntary basis. Maybank Investment Bank Research analyst Desmond Ch’ng said today in a note that the moratorium announcement is likely to be negative …

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Investors May Be Concerned About OneForce Holdings’ Capital Returns (HKG: 1933)

If you’re not sure where to start when looking for the next multi-bagger, there are a few key trends you should watch out for. First, we will want to see a return on capital employed (ROCE) which increases and, on the other hand, a based capital employed. Ultimately, this demonstrates …

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All-female Lions club opens charity clinic

Hyderabad: The Lions Club of Hyderabad Petals, an all-female club, inaugurated its new charity clinic for underprivileged women and children at Indiranagar in Banjara Hills The district governor of the International Association of Lions Clubs, Manoj Kumar Rajpurohit and Uma Chigurupati, president of the FICCI Ladies Organization (FLO) inaugurated the …

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Land tax bill faces odd day in state legislature | Legislature

Trip Senate Bill 293, Think of it as an attempt to lower property taxes on multi-family units, or November voteIt got a little strange on the first full day of the General Assembly. The first hearing with the Senate Finance Committee drew a small delegation of people who are generally …

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MEDNAX (NYSE: MD) may struggle to allocate capital

Ignoring a company’s stock price, what are the underlying trends that tell us that a company is past the growth stage? A potentially declining business often exhibits two trends, one return on capital employed (ROCE) down, and a based capital employed which is also declining. This combination can tell you …

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Can solar farms help save bees?

The solar boom is here. According to the Solar Energy Industry Association, prices for solar energy have fallen by more than 70% over the past decade. New solar installations have grown almost exponentially during this time, and they will need to continue to grow even faster to meet climate targets. …

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