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Russia’s Economy Set to Face Old Problems in New Year

The Russian economy is set to revert to its pre-coronavirus pattern of sluggish growth, weak investment and underwhelming living standards in 2022, economists predict, as the Kremlin re-embraces austerity after the initial impact of the Covid-19 pandemic. While other countries have used the pandemic to overhaul their economic policies, launch ambitious investment projects or accelerate […]

Dollar Gains 0.19% to 115.32 Yen — Data Talk

Dollar/Japanese yen: 115.32 Japanese yen per dollar (0.0087 dollar per Japanese yen) –Today the dollar gained 0.19% vs. the Japanese yen –Largest one day percentage gain since Monday, Dec. 27, 2021 –Up for four straight sessions –Up 0.44% over the last four sessions –Largest four day percentage gain since Thursday, Dec. 30, 2021 –Longest winning […]

Small Business Administration: Steps Taken to Verify Tribal Recognition for 8(a) Program

What GAO Found The U.S. Small Business Administration’s (SBA) 8(a) Business Development program was created to help develop small businesses owned and controlled by socially and economically disadvantaged individuals and entities, including Indian tribes that are federally or state-recognized. The program provides such businesses with an opportunity to compete on an equal basis in the […]

Julius Baer to sell Wergen wealth management business

People walk past a branch of Swiss bank Julius Baer in Zurich, Switzerland February 3, 2020. REUTERS/Arnd Wiegmann/File Photo ZURICH, Jan 3 (Reuters) – Julius Baer (BAER.S) has agreed to sell Wergen & Partner Wealth Management to its management, the Swiss private bank said on Monday. Julius Baer, which acquired Zurich-based Wergen in February 2017, […]

Singapore economy rebounds from virus-induced recession

Singapore’s economy grew 7.2 percent last year, rebounding from its worst recession since independence sparked by the coronavirus pandemic, government data showed Monday. The city-state plunged into its worst economic performance in 2020 as businesses and international borders shut down, choking its trade and tourism economic lifeline. Authorities initially imposed tough measures to restrict movement […]