GRAND FORKS, North Dakota — The Fufeng Group Ltd. wet corn milling plant proposed in Grand Forks has potential to benefit the region’s agricultural industry, but whether that happens depends on the answers to an abundance of yet-unanswered questions. In November 2021, Fufeng Group Ltd., a Chinese-based bio-fermentation company, chose Grand Forks from among four...Read More
The dollar will lose its status as a world reserve currency, experts of one of the largest investment banks JP Morgan Chase say, and this will happen quite soon. Why are the world’s leading financial institutions ready to sign a verdict on the dollar? World Central Banks drive the American currency out of reserves, and...Read More
The political leaders of Peru, Colombia, Guatemala, Costa Rica, and Ecuador, as well as the President of the Inter-American Development Bank spoke at The Davos Agenda 2022 on their goals for this upcoming year. The focus for Latin America is to increase vaccination rates against COVID-19, pursue swift economic recovery and integrate climate action in...Read More
The University of Jamestown’s direct spending plus estimated student discretionary spending had an economic impact of more than $95 million on Jamestown’s economy from July 1, 2020, to June 30, 2021, according to a study released by UJ. “I think the results of the study shows that UJ creates positive net impact on the Jamestown...Read More
Mumbai: The rupee declined by 12 paise to 74.70 against the US dollar in opening trade on Wednesday, as muted domestic equities and elevated crude oil prices weighed on investor sentiments. At the interbank foreign exchange, the rupee opened weak at 74.70 against the US dollar, registering a decline of 12 paise from the last...Read More
CINCINNATI— From December 24-January 5, U.S. Customs and Border Protection (CBP) officers in Cincinnati and Indianapolis seized four large shipments of jewelry deemed to be counterfeit by CBP’s Centers of Excellence and Expertise, the agency’s trade experts. CBP officers in Indianapolis and Cincinnatirecently seized several shipments containingcounterfeit jewelry, that if it was real wouldhave been...Read More
TOKYO, Jan 18 (Reuters) – Japanese Prime Minister Fumio Kishida said on Tuesday that steps taken under former premier Shinzo Abe’s “Abenomics” policy of massive monetary and fiscal stimulus were not enough to create a sustainable and inclusive economy. Under his “new capitalism” policy, Kishida aims to help create a virtuous cycle of economic growth...Read More
A new report analyzes the economic effects of a changing climate on Idaho. It’s the first to look at state-specific circumstances. Katherine Himes is director of the University of Idaho’s James A. and Louise McClure Center for Public Policy Research, which compiled the research. Himes said the goal was to create a nonpartisan, evidence-based resource...Read More
The US dollar on failed to catch up with pace of US Treasury yields that hit new near two-year highs on their return from a long weekend break even as yen edged higher ahead of the outcome of a central bank policy meeting on Tuesday. The Bank of Japan is likely to slightly revise up...Read More
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