Nominal Wage

Bitcoin hits $ 50,000 for the first time in four weeks: Market wrap

MOSCOW / CAIRO: The Gulf Cooperation Council banking sector continues to show signs of strength, with core customer deposits remaining the main source of funding for regional banks, according to an S&P Global Rating report. The rating company said Saudi Arabia led the region in lending, which rose 7.9%. Business …

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Markets await key economic and earnings data

The upside down world of overnight stock market investing continues into the pre-market for a new week. All three major indices are trading in the red – the Dow -70 points, the S&P 500 -10 and the Nasdaq -60 points – after a strong wave of support on Friday, which …

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Russia has a new socialist movement

We were looking for areas of struggle within the university. In 2009, the administration wanted to tighten the rules for access to dormitories. We launched a protest campaign, collected seventeen hundred signatures and finally succeeded in having these new rules rescinded. As a result of this three-week campaign, we formed …

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World looks to India as trusted partner, says Piyush Goyal at Expo 2020 Dubai, Auto News, ET Auto

Minister of Commerce and Industry Piyush Goyal At a time when the whole world comes together to recover from the COVID-19 pandemic and get growth back on track, a resurgent India is ready to shoulder the responsibility of being the forerunner of this recovery process, said the Minister of Commerce …

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Letters: Up economic creek, no paddling in sight of the Biden administration | Letters

The Biden administration appears to intend to lock the economy into a dismal cycle of tax spending-inflation: “rinse-and-repeat”. His irresponsible spending plan would impose high debt, low productivity, low labor market participation and sluggish growth on present and future generations. While uncertain of the ultimate cost of his plan to …

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The debt limit is stupid and dangerous

NEW YORK, NEW YORK – SEPTEMBER 29: People walk along Wall Street in the financial district of … [+] Manhattan on September 29, 2021 in New York City. After Tuesday’s losses and a drop in tech stocks, markets gained ground Wednesday morning with the Nasdaq and the Dow in positive …

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Outlook for post-pandemic growth and inflation in Asia EJINSIGHT

As we head towards the end of another eventful year, we can see that global economies have rebounded after what we hope will be the worst of the pandemic. We have seen strong growth in financial markets and negative output gaps have closed, particularly in the United States. Is it …

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Hun Sen bypasses Cambodian textile workers

(MENAFN- Asia Times) Cambodia’s minimum wage for its vital garment workforce will rise to US $ 194 per month from January 2022, a meager increase of $ 2 announced by the government on Tuesday after weeks of talks between unions and employer groups. Union representatives have entered into tripartite talks …

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What if inflation is here to stay?

Americans are worried about inflation. It was the # 1 economic concern expressed in a recent Pew Research Center poll. Some 63% say they are “very concerned” about rising prices, especially for food and consumer goods, compared to only 29% who are very concerned that Americans will not be able …

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Dollar Slightly Higher After Durable Goods Orders, British Pound Advances In Crosses

The dollar is trading slightly higher at the start of the US session, driven by stronger than expected durable goods order data. But he is overwhelmed by both the pound sterling and the aussie. Commodity currencies are firmer on the “stable” market sentiment, but there is no follow-up buy yet, …

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