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For now, it’s business as usual | Local

Social media has been buzzing about the Hutchinson Event Center and Senior Programming. So much so that Mayor Gary Forcier, Matt Jaunich, city administrator, and Lynn Neumann, director of Parks, Recreation and Community Education, conducted a community meeting Wednesday to address the rumors and to be as transparent as possible. Although there was a wind […]

For economic sanctions to work against Russia, the US and its allies will have to share some of the pain

“It is not a sanction-proof economy, but it is a sanction-resistant economy,” Daniel Drezner, an international politics professor at the Fletcher School at Tufts University, said of the Russian economy. “The sanctions that would legitimately hurt the Russian economy would also legitimately hurt the global economy.” The United States and its allies realize they need […]

Kenya Central Bank Expects Economy to Grow 5.9% in 2022

By George Mwangi Special to Dow Jones Newswires Kenya’s economy is expected to grow by 5.9% in 2022 following an 8.0% expansion in the prior year, the country’s Central Bank Governor Patrick Njoroge said Thursday. In November, the bank projected the economy to grow by 6% in 2021 and 6.4% in 2022. Economic growth is […]

What is Causing Inflation? – News @ Northeastern

The COVID-19 pandemic and resulting supply chain shortages have contributed to the highest U.S. inflation rate since the 1980s, resulting in a reporter’s question about the impact of rising prices that elicited a curse this week from President Joe Biden. The consumer price index has increased 7% over the past 12 months, driven in part […]

How to Navigate the Ethical Risks of Doing Business in China

For decades, companies have poured into China to take advantage of the country’s manufacturing prowess and to serve its enormous market. While firms were largely aware of potential business risks, like intellectual property theft and the need to navigate corruption, executives have been less concerned about risks to their firms’ ethics and reputation. But in […]

Gita Gopinath takes charge as IMF’s first Deputy MD; downgrades global economic outlook for 2022 in her swansong as chief economist

Gita Gopinath takes over as International Monetary Fund’s (IMF) first Deputy Managing Director  today as she stepped down for the position of Chief Economist. She will be succeeded by Pierre-Olivier Gourinchas, a French economist. In what could be called as her swansong, she delivered her final global economic outlook in which the IMF has downgraded […]