Gideon Rachman’s rather unconvincing commentary (“The G7 is the west’s last chance to lead”, Opinion, June 8) did not mention that the G7 is worth barely 40 per cent of the world’s economy. But it rather substantiates our past president’s perspective that the G7 is an outdated forum. The heralded agreement that the US, UK,...Read More
Only about 5 percent of India’s 950 million eligible adults have been vaccinated against the coronavirus. The country reported 60,471 new coronavirus cases on Tuesday — the lowest number since March 31, though still a worrying addition to India’s overall caseload, which is the second-highest globally behind the United States. And 2,726 more people died...Read More
The Aussie dollar pulled back slightly during the trading session on Tuesday to show signs of hesitation again, as we are waiting for the Federal Reserve announcement at the end of the day Wednesday. The market looks as if the 0.76 level underneath should continue to offer support, especially with the 200 day EMA approaching...Read More
Ashtead PLC (LON:AHT) said fourth-quarter revenues jumped by 23% while profits in the three months to end April 2021 more than doubled as the US economy started to reopen after coronavirus. The rapid recovery enabled the plant hire group almost to claw back the ground lost at the start of the pandemic with revenues for the...Read More
Last year’s concern about a budget deficit and major tech companies leaving the state has been replaced by a debate over how to spend the $75 billion budget surplus. Lost in this embarrassment of riches is the concern for the long-term health of the California economy and the industries that will be required to finance...Read More
By Radu-Sorin Marinas BUCHAREST, June 14 (Reuters) – Central European currencies slipped on Monday, with the forint leading regional losses against the euro and the Czech crown retreating from last week’s 15 month-highs, mirroring the euro’s moves against a firming U.S. dollar. By 0850 GMT, the Hungarian forint eased 0.6% to 350.2 against the euro,...Read More
HARRISONBURG, Va. (WHSV) – A new National Park Service (NPS) report shows that 14.1 million visitors to the Blue Ridge Parkway in 2020 spent $1.1 billion in communities near the park. That spending supported 15.5 thousand jobs in the local area and had a cumulative benefit to the local economy of $1.3 billion. “The Blue...Read More
Kansas Sen. Roger Marshall weighs in on enhanced unemployment benefits, economic recovery, infrastructure spending and reconciliation. The U.S. economy took a major hit the past year due to the coronavirus pandemic, but certain states handled the crisis differently and are contributing more to the nation’s GDP than others. Which state economies are in the best...Read More
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