Monthly Archives: July 2021

CONNECTION TO RESOURCES: DISCUSSION AND ANALYSIS BY MANAGEMENT OF FINANCIAL POSITION AND OPERATING RESULTS. (form 10-K)

The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our financial statements and related notes. This discussion and analysis contains forward-looking statements that involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements …

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Viewpoint: India needs another round of landmark economic reforms

After the economic reforms of 1991, India stood out from its peers. Its dollar GDP has increased 9.71 times, compared to 5.1 times for Thailand, 4.8 times for Turkey, 3.12 times for Brazil – and 38.44 times for the outlier China. Thirty years ago, India could barely pay for three …

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Spat in Cedar Rapids mayoral race was preventable

A case involving Mayor Brad Hart, CSPS and mayoral candidate Amara Andrews made headlines last weekend. It gave us a glimpse of the tensions resulting from a competitive mayoral race that are sure to grab headlines as the campaign draws closer to fall. Andrews was to be a special guest …

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Should the IRS be getting more money to find the money?

July 24, 2021 WASHINGTON DC WHAT IS THE largest financial entity in the United States? The Federal Reserve sets the pace for global financial markets with its interest rate decisions. JP Morgan, a bank, has a balance sheet of $ 3.7 billion. Some argue that the United States Mint could …

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Removing subsidies will increase Nigeria’s economy by 5%

Nigeria’s total revenues are expected to increase by 5% by 2024 if the federal government is able to remove the costly fuel subsidy by 2022, according to a report by the Economist Intelligence Unit (EIU). This would mean a significant increase in Nigeria’s income relative to gross domestic product (GDP). …

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Tristel is starting to see signs of market recovery

Manufacturer of infection prevention products Tristel Said in a business update Wednesday that as the fourth quarter progressed, demand for its device-based products accelerated as hospital outpatient services gradually returned to activity levels before the pandemic. The AIM-listed company said sales of surface disinfectant products also continued to grow. He …

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Is Middleby (NASDAQ: MIDD) a risky investment?

Legendary fund manager Li Lu (who Charlie Munger supported) once said, “The biggest risk in investing is not price volatility, but the possibility that you will suffer a permanent loss of capital. It is only natural to consider a company’s balance sheet when looking at its level of risk, as …

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Whitmer veto GOP bill to end extra unemployment benefits

Gov. Gretchen Whitmer on Tuesday vetoed a GOP-backed bill that would have prevented the state from handing out the additional $ 300 federal weekly unemployment benefits made available due to the COVID-19 pandemic. But the governor hinted at his willingness to end the allowance in exchange for lawmakers increasing the …

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Pay Scale Research Shows Fairly Paid Workers Believe

New research from Payscale shows that most workers don’t know if they are being paid fairly; 51% think they are paid below the market even when paid at or above the market. Workers who perceive they are paid below the market are 50% more likely to seek new employment in …

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