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Why Comparative Political Economy Should Take the Post-Growth Debate Seriously
Climate change has sparked interest in “degrowth” strategies, whereby countries would prioritize environmental protection over economic growth. Luca Cigna argues that given the growing importance of climate to national economies, scholars of comparative political economy should better integrate degrowth and post-growth models into their analytical frameworks. A specter haunts Europe: that of decline. The idea …
Nigeria remains Africa’s largest economy with over N400 billion GDP – Minister
Ahmad said that with over 400 billion naira in GDP and about 200 million people, Nigeria’s huge and growing population still offers economic challenges and opportunities. While pledging the federal government’s commitment to continue prioritizing infrastructure spending, Ahmed said the ministry plans to spend around N1.42 trillion in 2022. She indicated that bilateral and multilateral …
Privatization of the port of Pulupandan to revive the local economy
The Philippine Ports Authority (PPA) sees better economic prospects in Negros Occidental with the recent privatization of the government port of Pulupandan in the south of the province. On May 2, the PPA transferred management of the port to Globalport Terminals Inc. under a 15-year concession agreement with a contract price of 527 million pesos. …
The Russian-Ukrainian conflict poses great risks to the world economy
Russia and Ukraine combined may only account for 2% of the world’s gross domestic product, but the conflict raging after Russia’s invasion of its sovereign neighbor could have a much bigger impact on the economy. world. “I wouldn’t be misled by just calculating GDP ratios…especially at a time when commodity prices are already high, inflation …
What is the easiest credit card to get? | Credit Card News and Advice
Some of the links on this site contain offers from our the partners. If you’re new to credit or have bad credit, an easy-to-get card can get you in the door. Secured, student, store, and alternative credit cards are fairly easy to approve, even if your credit score isn’t great. Learn about the easiest credit …
! Murcia Today – Spanish economy enters recession: GDP down 17.8% in second quarter due to Covid-19
Date of publication: 23/09/2020 ARCHIVED ARTICLE This is the largest quarterly decline since records began in 1970 and of an unprecedented magnitude. The National Statistics Institute (INE) has revised Spain’s GDP data in the second quarter of 2020 by seven tenths, with the corrected figure now showing a drop of 17.8% between April and June, …
Madeira has launched a circular economy platform
Madeira has launched a circular economy platform New digital tool aims to build community, educate and inspire with examples Recently, the Environment Secretariat of the Government of Madeira launched “Circular Madeira” Agenda and digital platform. These are two new mechanisms available to the Region in the context of creating a more efficient economy in its …
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The redesigned EL PAÍS app adds new features for a more intuitive experience | Economy and business
The EL PAÍS mobile application has been redesigned for a clearer and more intuitive user experience that facilitates access to multimedia content. The new version is available on Android and iOS. The changes to the app reflect the recent redesign of the EL PAÍS website, which has risen to the challenge of today’s chaotic and …
Spanish Prime Minister Sánchez reshapes his cabinet to focus on the economy | world news
MADRID (AP) — Spain’s prime minister reshuffled his cabinet on Saturday, forming what he called “the recovery government” following the coronavirus pandemic. Prime Minister Pedro Sánchez has led a minority coalition government formed by his Socialist Party and the anti-austerity United We Can party since January 2020. He has managed to keep it afloat during …
Paradox of low wages and high cost of living
The most recent figures from the National Institute of Statistics for average gross salaries relate to 2020. They didn’t make a very good read. In the Balearic Islands the average was 1,844.85 euros, the fifth lowest in the country, ahead of Murcia (1,843.41), Andalusia (1,837.33), the Canary Islands (1,775.71) and Spain. Extremadura (1,760.52). The national …
Want proof that the creative economy is driving the recovery? Look at our small towns and villages
Top plates for violins are pictured in the workshop of today’s oldest violin maker in Cremona, Hungary … [+] Stefano Conia (74) in Cremona on June 9, 2020. – The homeland of Stradivarius, the Italian city of Cremona, has become a laboratory for luthiers around the world: working in the tradition of the great masters, …
German economy rocked by highest inflation rate in 28 years as prices soar | World | News
Annual inflation over the course of 2021 rose by more than 3%, reaching its highest level since 1992. Germany’s Federal Statistical Office said that after another rise in consumer prices in December , inflation averaged 3.1% over the year. In 1993, the inflation rate jumped to 4.5%, while in 2020, annual inflation hovered at 0.5%. …
Biden arrives in Europe for summits focused on Ukraine and the economy
President Joe Biden landed in Germany on Saturday, where he will attend the G-7 summit with leaders of key US allies to discuss their united front against Russia and the troubling weakness in the global economy. Biden flew from Washington to Munich, then boarded the Marine One helicopter for the short flight to the summit …
Coronavirus: latest developments | ASEAN Post
Here are the latest developments in the coronavirus crisis: Probe of origins The World Health Organization (WHO) says the second stage of an investigation into the origins of the coronavirus should include further studies in China and laboratory “audits”. Curfew in Catalonia Barcelona and other cities in Spain’s northeastern Catalonia region will reimpose a nighttime …
Russian gas shutdown weighs heavily on Italian economy – EURACTIV.com
The Capitals brings you the latest news from across Europe, thanks to on-the-ground reporting by EURACTIV’s media network. You can subscribe to the newsletter here. European news you deserve to read. welcome to Capitals by EURACTIV. In today’s news from the capitals: ROME As rows over the Russian oil embargo exposed EU divisions ahead of …
Trip Report: Milan-Dubai in Emirates A380 Economy Class
Almost funnier than the Dubai Airshow 2021 experience was getting there. Once I found out I would be covering the event for Aviacionline (by the way: we were the only Latin American site there, and I strongly encourage you to check out our fabulous work there), I started doing the math to see which plane …
Architect Duo Dickinson on the dangers of practicing in the pandemic economy | News
anchor Image courtesy of Wikimedia Commons user Rept0n1x. Months of isolation have caused people to rethink the way they live. This meant that their buildings would change. It meant construction, and architects became useful again, after being abandoned. But the madness of a new era has made all builders and architects …
Spanish Prime Minister Sánchez reshapes his cabinet to focus on the economy | KWKT
[ad_1] Posted: July 10, 2021 / 8:58 AM CDT / Update: July 10, 2021 / 9:52 AM CDT FILE – In this file photo from June 22, 2021, Spain’s Prime Minister Pedro Sanchez prepares to deliver a statement at the Moncloa Palace in Madrid, Spain. Prime Minister Pedro Sanchez has reshuffled his cabinet to form …
India estimates larger budget gap at over 7% vs. 6.8% target, Auto News, ET Auto
[ad_1] The government aims to raise 1.75 trillion rupees this year, but progress on plans to sell insurance giant Life Insurance Corp. or privatization of the oil refiner Bharat Petroleum Corp. were slow. India could exceed its budget deficit target as the government increases spending and struggles to finalize planned asset sales, according to people …
Rapid Expansion of China’s Courier Industry Reflects Vitality of Chinese Economy | Kathmandu Grandstand
By Li Xinping, People’s Daily China’s courier industry handled a total of 108.3 billion packages last year, which represents a 29.9 percent increase over the previous year and accounts for more than half of the packages handled in the world, according to the State Post Bureau (SPB). Many of those 108.3 billion packages made arduous …
Spizzler Reviews – Leading Earwax Removal Tool or Cheap Scam?
Since the ears play an important role in life, it is essential to keep them clean. The ear has three different parts. These parts include the outer, middle and inner, which convert sound into electrical impulses sent to the brain. The human ear protects itself with a natural waxy compound called earwax. Earwax is a …
flypop plans to offer rows of economy berths with three places
Flypop, a start-up airline, may be about to get creative when it comes to passenger comfort. Although it does not intend to have a premium cabin as such, it may offer passengers the option of purchasing rows of economy three-berth berths if such a move proves profitable. Carriers like Air New Zealand and Lufthansa have …
Effects of Ukraine Invasion on Spanish Economy – Analysis – Eurasia Review
By Enrique Feas* The invasion of Ukraine was a slow-moving crisis, both in terms of development and reaction from the EU. After an onset of surprise and restraint, awareness of the seriousness of the situation and its geopolitical implications led the EU to impose severe sanctions on Russia, affecting not only trade and individuals, but …
Putin’s nukes ‘of little value’ as Russian economy booms: ‘Not a great power’ | World | New
Last week Vladimir Putin sparked worldwide concern after putting his nuclear forces on high alert. In response to the sanctions imposed on Moscow following the invasion of Ukraine, the Russian president announced that he had placed his nuclear arsenal under a “special combat regime”. Days earlier, he had warned that Western interference in the invasion …
World Bank observations on Palestinian economy gloss over Israel’s colonialism and apartheid – Middle East Monitor
Humanitarian aid, which has played a major role in the stagnation of Palestine and the Palestinians, is one of the factors mentioned in the World Bank’s latest analysis of the dire economic situation in the occupied Palestinian territories, as the reported the official Palestinian Authority news agency, Wafa. The report notes that although the Palestinian …
RadCred Announces Convenient Online Methods to Connect with Payday Lenders
RadCred announces its partnership with Online Lenders Alliance along with convenient new online methods to connect with various online lenders. BURBANK, Calif., June 20, 2022 (GLOBE NEWSWIRE) — According to the Report, it simply indicates the demographic value of the debt and credit market based on the needs of US citizens and households. To meet …
Spain had a plan to fix the odd-job economy. it did not work
[ad_1] Under Spain’s new employment rules, courier Daniel Freitas should now be on staff at two of the country’s largest take-out companies. Yet he still roams popular restaurants with one goal in mind – to earn $ 50 a day working for food delivery apps Deliveroo and Glovo. He says he won’t be able to …
Smart Cities World – Economy and finance
Mastercard is setting up a new tourism innovation center in Madrid with the support of the Spanish government. The hub will develop solutions to support a sustainable and inclusive recovery of the global tourism sector through innovation, research and collaboration. In 2019, travel and tourism accounted for 10.4% of global GDP, but nearly halved to …
! Murcia today – archived
[ad_1] Publication date: 23/09/2020 ARCHIVED – Spain’s economy enters recession: 17.8% GDP drop in second quarter due to Covid-19 “style =” margin: 5px 10px 5px 0px; floating: left “width =” 100% “/> This is the largest quarterly drop recorded since surveys began in 1970 and is of unprecedented magnitude The National Statistical Institute (INE) revised …
Five Ways to Revive the Global Food Economy | Article
Covid-19 has shown how detrimental poor health can be to the economy. But it also showed how measures that benefit health (lockdowns) can be seen as bad economic prosperity. A similar paradox is at the heart of promoting better nutrition. Poor diet is the world’s leading cause of ill health. Malnutrition – from undernutrition to …
Can Spain become a European energy power? | Business | Economic and financial news from a German perspective | DW
With Vladimir Putin’s attack on Ukraine putting Nord Stream 2 on ice for now, Europe’s energy security is in jeopardy. Although far from fighting, the new political situation also changes things for Spain in many ways. Its long-standing economic ties with the Middle East and North Africa and its many solar and wind farms are …
For recruitment and retention, some Minnesota companies are turning to same-day payment
In 2020, “stimulus check” and “second stimulus check” were among the top 15 Google searches in the United States. That same year, a Ernst and Young report estimated that in the countries of the Organization for Economic Co-operation and Development (OECD), around $1 trillion in workers’ wages lie dormant in employers’ coffers every day. “It’s …
U.S. agricultural exports supported more than a million jobs across the economy in 2020
The benefits of agricultural exports to the US economy far exceed the value of shipments alone. The production, processing, storage, transportation, and marketing of agricultural and food products for the export market supports many full-time jobs in the United States. Related employment statistics are estimated annually by the USDA’s Economic Research Service (ERS) by measuring …
NiRA’s move to populate .ng adoption and expected impacts on the digital economy – TechEconomy.ng
The Nigeria Internet Registration Association (NiRA) recently brought down the price of registering .NG domain names. This NiRA push came just after the Federal Executive Council (FEC) banned its employees from using generic domains for official communications. The purpose of this article is to examine how these efforts will deepen the nation’s digital economy agenda. …
NAB warns against payday loans before Christmas
The NAB warns of the dangers of payday loans as more Aussies turn to ‘quick-take’ loans to meet the rising cost of living. A new NAB study released today finds that one in 10 Australians facing financial hardship have accessed a payday loan in the past three months. Payday loans were the third most common …
Merkel news: Serious warning as the German economy is only expected to grow by 2.7% | World | News
[ad_1] And analysts have described the prediction, by the German Council of Economic Experts, as a “wake-up call” to Merkel and her government colleagues. In March, the collective of economists had projected a GDP increase of 3.1% in 2021. However, a report released on Wednesday significantly revised that figure down to 2.7%. Joachim Lang, Managing …
A joint venture in the province of Almeria puts CO2 at the heart of the circular economy
A joint venture in the province of Almeria puts CO2 at the heart of the circular economy Greenhouse gas here is not just a cliché term There is a cement plant located in the municipality of Carboneras, on the southeast coast of Spain, and like all other similar facilities, it is a major emitter of …
More than six months to pay all taxes
According to a report by the Fundación Civismo, it takes Balearicians the equivalent of 197 days to meet their annual tax obligations (direct and indirect taxes). In theory, therefore, they must work until July 16 before they are released from these obligations. The report on tax demands of families in times of recession indicates that …
Social market economy, atbp for presidential candidates
WITH intermittent snowfall generating outside temperatures around the low teens and with Omicron lurking in this small farming community, more time was allocated to reading posts from my friends on social media Facebook, Messenger and Viber, comfortably nestled in front of a faux fireplace. Separating the chaff from the wheat has always been a waste …
How to deal with your financial problems during the pandemic
How to deal with financial problems in times of crisis 1) Understand and accept the current state of affairs So you’ve saved some money and while it’s not a lot, it’s enough to get you by during the pandemic. That’s great! But you need to understand that no matter how much money you have or …
Community capitalism, with Alex Pentland
[ad_1] Community capitalism Alex ‘Sandy’ Pentland MIT’82 DoctorateToshiba Professor of Media Arts and SciencesDirector of the Media Lab Entrepreneurship Program There is a general feeling that our social systems are not working very well, and we need to rethink both our political and financial economic systems. Professor Pentland will argue that the key ideas are …
Should you get a pet loan? – Forbes Advisor
Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Dogs, cats and other pets bring great joy to our lives, but caring for them can be expensive. Americans spent $123.6 billion on their pets in 2021, according to the American Pet …
8 Things People With Healthy Savings Accounts Always Do
Saving Money / Savings Tips PeopleImages/iStock.com If your savings account seems thin or non-existent, you’re definitely not alone. It has been reported that around 50% of people have less than three months of emergency savings, and a recent GOBankingRates survey found that a staggering 40% of women have less than $100 in their savings accounts. …
Sino-EU cooperation benefits global economy amid headwinds
(Xinhua) 09:44, 01 April 2022 (Source: Xinhua) BRUSSELS, April 1 (Xinhua) — Although the global economy faces increasing uncertainty and sluggish growth due to COVID-19, economic and trade cooperation between China and Europe, which maintains momentum based on complementarity and mutual benefit, can act as a counterbalance and help stabilize the world. RESILIENCE, VIGOR Economic …
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Factbox: EU sanctions target Russian economy, elites and Putin himself
Russian President Vladimir Putin enters a room before a meeting with members of the Security Council via video link in Moscow, Russia, February 25, 2022. Sputnik/Alexey Nikolsky/Kremlin Join now for FREE unlimited access to Reuters.com Register Feb 26 (Reuters) – The European Union has imposed two rounds of sanctions on Russia for launching an “unprecedented …
As Spain’s economy recovers, coronavirus threatens new crisis
[ad_1] After years of recession following the financial crisis, the Spanish economy was growing, so what do the latest crises mean for Spain? After Italy, Spain was the most affected country in Europe, the two countries being shocked by the coronavirus epidemic and the human toll it entails. The two countries have implemented increasingly drastic …
How to revive the economy?
ISLAMABAD: As a new coalition government has been formed at the center, the new prime minister is seeking to reset major economic reforms and has received a lot of attention for his ambitious plans to address Pakistan’s long-term fiscal problems and difficulties fiscal health. Although we have yet to see him present an ambitious legislative …
Prague presents strategy to accelerate the transition to a circular economy
[ad_1] Prague presents strategy to accelerate the transition to a circular economy It follows the example of other European metropolises On November 2, Prague presented its strategy for the transition to a circular economy. With Prague Circular 2030, the Czech capital seeks to reduce the consumption of primary raw materials, greenhouse gas emissions and waste …
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Electricity: Spain announces new measures to lower soaring energy bills | Economy and business
[ad_1] Electricity meters inside a building in Seville.PACO PUENTES (EL PAS) Spanish Prime Minister Pedro Sánchez on Monday evening announced a series of measures aimed at lowering soaring costs of natural gas and electricity for consumers. Spain’s wholesale electricity market, which sets the amount paid by companies that supply electricity to households, has seen record …
Biden makes sixth trip to Ohio as president as he talks economy
President Joe Biden chatted with Jill Biden in the White House’s Jacqueline Kennedy Rose Garden on Wednesday before he left for Ohio, where he will try to woo blue-collar voters frustrated by high inflation. The couple spoke for several minutes before setting off on their trip. Unusually, President Biden, with a folded newspaper in hand, …
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BBB talks payday lenders
BBB says stay independent of payday lender debt cycle Consumers can easily fall into the debt trap, especially as inflation appears to be eroding purchasing power. Payday loans can be attractive when you’re on the downside of the debt cycle, but your Better Business Bureau (BBB) advises extreme caution. Take a few moments to think …
Low-income families suffering a ‘financial scare year’ – charity
According to a report, low-income families are going through a “year of financial fear” and are making dire choices such as falling behind on their bills, going without essentials or going into expensive debt. The Joseph Rowntree Foundation (JRF) said the cost of living crisis and a decade of social security cuts and underfunding are …
A hotel complex ready to boost tourism and the economy of Negros Occidental in the midst of a pandemic
WESTERN NIGS. Resorts Negrense owner Enrique Rojas (second from right) with his wife, Lourdes (left), Negros Occidental tourism agent Jennylind Cordero (right) and Casa Noble president Ging Noble (second left) during the reopening of the Barangay Punta Taytay resort in Bacolod City on September 8, 2021. Also pictured are Bacolod City Councilors Israel Salangga and …
Russia’s greatest enemy? Its own economy
Like Obama before him, Biden sees Russia as a regional power hampered by internal weakness, not a threat worth spoiling relations with Germany, especially when there is a real strategic challenger in the form of China to face. Russia is a second-order problem to park and manage. There is a lot to be said for …
LUKSO: Blockchain for digital lifestyle and economy
Prior to 2009, some development was done using cryptography. Stuart Haber and W. Scott Stornetta had already seen a new technology that we now know as blockchain. Their work started in 1991 and in 1992 they incorporated Merkle Trees into their system to increase productivity and store more data in a single block. Sixteen years …
NetCredit Personal Loans Review 2022
Insider’s experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. The bottom line: NetCredit is a decent option for borrowers who …
A year later, Iran Raisi faces a struggling economy
The anniversary of the Yazidi genocide is a grim reminder of Daesh’s crimes against humanity DUBAI: On August 3, Yazidis around the world will come together to mourn their brothers, sisters, parents and other loved ones who were massacred by Daesh eight years ago. It was on that fateful day in 2014 that Daesh hordes …
Editorial: Beware of our drift towards a high tax economy
[ad_1] In recent years, Emmanuel Macron and other French leaders have gone to great lengths to attract international companies across the Channel to French soil. It has gone from sublime (investment dinners in Versailles) to ridiculous (‘Normandie Times’ advertisements in British newspapers looking for trendy entrepreneurs … allergic to post-Brexit tariffs). In the city at …
Four Nations hail Saudi Arabia, UAE efforts to support Yemen’s economy
[ad_1] RIYAD – The ambassadors to Yemen from Saudi Arabia, the United Arab Emirates and the United Kingdom, and the charge d’affaires of the United States met on Wednesday (September 15) to discuss the situation in Yemen, in particular issues related to the economy of Yemen. . Quad nations have noted with concern the depreciation …
Ann Li: Learning the economics of winning tennis
[ad_1] MONTERREY / WASHINGTON, March 19, 2021 (by Michael Dickens) Anne Li saves winning tennis matches in a calm but positive way that exudes confidence in their abilities. In just a few years, Li has done the little things well and guess what? Its world ranking has been the beneficiary of its success. “I’ve always …
Massa sworn in as Argentina’s new “super” economy minister – MercoPress
Massa sworn in as Argentina’s new ‘super’ economy minister Thursday, August 4, 2022 – 09:59 UTC Massa has already announced the names of most of his assistants Former Lower House Speaker Sergio Massa was sworn in as Argentina’s new Minister of Economy, Agriculture and Production on Wednesday as the country seeks to regain some stability …
Unrest and politics in Catalonia could slow Spain’s economy – from Cos
Band Emma Pinedo and Jesús Aguado MADRID, October 29 (Reuters) – Unrest in Spain’s wealthiest region, Catalonia, and any further political uncertainty could affect private sector investment decisions, posing another potential risk to the economy, the central bank chief said on Tuesday. . “As far as the Spanish economy is concerned, the latest data point …
Bissau-Guinean president sacks economy minister
By AFP Bissau. Bissau-Guinean President Umaro Sissoco Embalo sacked his economy minister on Thursday and temporarily handed over his portfolio to the prime minister, a presidential decree said. Victor Mandiga was replaced “to guarantee the regular functioning of the institutions”, he specifies. Prime Minister Nuno Gomes Nabiam would temporarily assume the role of Minister of …
Omicron casts a shadow over pandemic economic recovery
[ad_1] Just as Americans and Europeans have been eagerly awaiting their most normal holiday season for a few years, the omicron variant has sparked a new wave of fear and uncertainty – for travelers, shoppers, party-goers and their savings in their homes. together. The Rockettes have canceled their Christmas show in New York City. Some …
Emergency credit score: borrow up to $ 5,000 for 26 months
Emergency credit score: borrow up to $ 5,000 for 26 months Are you currently caught in a monetary rut? Do you want a remedy where you can use a few and pay off the loan in small, stress-free installments that come with an online payday loan? Really, increasing credit could be the best lender available. …
Global economy caps extraordinary comeback from Covid-19 collapse
In Europe and North America, businesses and households are beginning to look timidly beyond the pandemic, thanks to widespread vaccinations. But governments in parts of Asia are introducing new social restrictions and spending plans to combat the fast-spreading Delta variant. Meanwhile, Africa’s low immunization rate means its economic recovery is expected to lag behind other …
Sanchez’s Spanish cabinet sends a signal on Catalonia and the economy
Spanish Prime Minister Pedro Sanchez appoints women to key posts Photo: AFP The first appointments to Pedro Sanchez’s cabinet show that the new Spanish Prime Minister is seeking to assert the identity and authority of his government by appointing Catalans and women with important credentials to key positions. He appointed European Commission Director General Nadia …
People are pressuring governments around the world to take action against inflation – Economics – Business
[ad_1] Oscar Banos and thousands of other truck drivers celebrated on Saturday after a threat to idle their engines prompted the Spanish government to adopt measures to improve working conditions and control soaring fuel costs due to inflation. This is the latest effort by workers, opposition leaders and citizens to pressure governments in Europe and …
Italy’s economy shrinks 0.2% in the first quarter as recession risks rise
* Q1 GDP -0.2% q/q, 5.8% y/y, in line with forecasts * First GDP contraction since Q4 2020 * Trade flows weigh on GDP in Q1 ROME, April 29 (Reuters) – Italy’s economy shrank 0.2% in the first quarter from the previous three months, preliminary data showed on Friday, as activity was hit by the …
Beware of payday advance promises
High energy and food prices are particularly bad for people who live from payday to payday. In the UK, around 22% of adults have less than £100 in savings, according to a government-backed investigation. In the United States, about 20% of households say they could only cover their expenses for two weeks or less if …
Using payday loans during the COVID-19 pandemic
On a day-to-day basis, paying bills can be a real challenge for most individuals and households. Unfortunately, with the COVID-19 pandemic, the financial situation has worsened, highlighting the need for most people to obtain emergency cash. Payday loans give you access to short-term funds, but usually at a higher interest rate. Most payday loans are …
Strong job growth indicates COVID’s loss of grip on economy – Twin Cities
WASHINGTON — In a buoyant sign for the U.S. economy, businesses stepped up hiring last month as the omicron faded and more Americans ventured out to spend at restaurants, shops and hotels despite soaring inflation. Employers added a solid 678,000 jobs in February, the largest monthly total since July, the Labor Department reported Friday. The …
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Consumer Price Index: how rising inflation affects Spain | Economy and business
[ad_1] A supermarket in Catalonia. Prices in Spain rose 5.5% in November, according to data released on Wednesday by the National Institute of Statistics (INE). Although this is a tenth less than expected, the big picture remains the same: Inflation is at its highest level in 29 years, and it is rising faster than wages …
For a well-functioning economy, the rule of law matters
AUSTIN, Texas — Countries in which courts more easily enforce contracts see less economic volatility overall than countries that don’t adhere as well to the rule of law. This is the conclusion of a study by a finance researcher at the University of Texas at Austin. Research suggests that when contract execution is poor, employee …
Families Use Child Tax Credit to Pay Off Debt, Census Bureau Says
The future of the child tax credit hangs in the balance as the Biden administration struggles to pass the Build Back Better bill, which would extend the benefit until 2022. (iStock) Expanded Child Tax Credit (CTC) payments have been a lifeline for many American families during the coronavirus pandemic. The vast majority (77%) of beneficiaries …
Economy of Mallorca: Mega-wages in the Balearic Islands
[ad_1] The majority of the inhabitants of the Balearic Islands earn between 12,000 and 21,000 euros, but a percentage of residents earn more than 50,000 per month. In 2019, a total of 370 Balearic residents declared a annual income over 600,000 euros, which equates to a super salary of over 50,000 euros per month. The …
From “dollarizing” to “euroising” the Cuban economy
[ad_1] Where does this measure come from and what impact will it have? Will the euro replace the US dollar as Cuba’s preferred currency? By Cubaencuentro HAVANA TIMES – The decision to suspend dollar cash deposits (described as a temporary measure) stems, according to the Cuban government, from problems Cuba has in using this money …
International Paper: Circular economy leader sets production record at Spanish recycled corrugated board factory
Posted 9 hours ago Proposed by international paper company BRUSSELS and MADRID, January 31, 2022 /CSRwire/ – International Paper (IP), one of the world’s leading producers of absorbent pulp and packaging solutions made from renewable fibers, has achieved a major production milestone at its Madrid plant in Fuenlabrada, Spain. In the last quarter of 2021, …
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Spanish economy: the number of employees in Spain exceeds 20 million for the first time since 2008 | Economy and business
[ad_1] The health of the Spanish labor market continues to recover as the effects of the coronavirus pandemic wear off. The number of employed workers increased in the third quarter of 2021 by 359,300 people to reach a total of 20,031,000. Not only is this an increase of 1.83% compared to the previous quarter, but …
New report highlights key role of financial services in Maltese economy – Financial Services
June 22, 2022 Finance Malta To print this article, all you need to do is be registered or log in to Mondaq.com. Commissioned by the Institute of Financial Services Practitioners, the Malta Institute of Accountants and the Malta Institute of Taxation, the report offers a critical overview of the sector A new report highlights the …
Russian economy faces annihilation as Putin braces for Soviet-era collapse – leaked state memo | World | New
In the leaked document, the ministry predicts a painful 12% fall in Russia’s GCDP for 2022. This is the biggest fall since Boris Yeltsin took the helm in 1994 for the post-Soviet transition, and will see ten years of growth fade away. Since Russia invaded Ukraine in February, the Kremlin has been hammered by Western …
Klopp, on Barça recruits and its economy: “No that…
In the midst of the financial problems he is going through, FC Barcelona was able to experience one of the best signing windows in its history, for whom had to sell part of his inheritance and television rights as part of the economic ‘crowbars’. The fact has not gone unnoticed by the footballing world; such …
Australian economy lights up, justifying rapid rate hikes
(Bloomberg) – Australia’s economy grew in the three months to June, underscoring the strong momentum the Reserve Bank has shown by making a series of rapid interest rate hikes. The 2.2 trillion Australian dollars ($1.5 trillion) economy grew 0.9% from the first quarter, boosted by household spending and high export prices, government data showed. Wednesday. …