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For years, Baltimore residents have faced a water crisis that was growing in scope and severity. Constant 10% annual rate hikes Compounded by the devastating economic effects of the COVID-19 pandemic, many cannot afford the most basic resource: water. But last month, our city took a big step forward in water justice, launching the Water4All […]
Washington: Soaring fuel, food and housing prices have pushed US inflation to a four-decade high, and Russia’s invasion of Ukraine has made matters worse, so the Federal Reserve is bracing to act this week. But the central bank’s efforts to put out the fires of inflation will be complicated by the prospect that war and […]
A $1.5 trillion package passed by the US Senate on Thursday night includes funding requested by the Maine congressional delegation for a long list of local and community initiatives, as well as money for two guided missile frigates which will be built at Bath Iron Works. It includes funding to revive what had been southern […]
Dear Editor, This letter does not represent the view of the entire artistic community, but rather of a select few who have taken no sides in determining whether Russia, America or its NATO allies are responsible for the war in Ukraine. Ours is to promote peace, love and harmony in the world. Not genocidal wars […]
Carlos Dominguez III—photo by Ministry of Finance With less than five months left in office, Finance Secretary Carlos Dominguez III on Friday proposed new taxes or increases to pay foreign debts incurred by the Duterte administration to deal with the COVID-19 pandemic. “We are very confident that 2022 will be the year we get back […]
Federal Reserve Chairman Jerome Powell leaves a meeting in the office of Sen. Chris Van Hollen, D-Md., in Hart Building Wednesday, Oct. 6, 2021. tom williams | CQ-Roll Call, Inc. | Getty Images There may be many reasons to confirm President Joe Biden’s nominees for the Federal Reserve, but economists say concerns that the central […]
Funding allocated to Boyle, Mercer and Washington counties BOYLE, MERCER and WASHINGTON COUNTIES, Ky. (WTVQ) – On Wednesday, Lt. Gov. Jacqueline Coleman announced $2,591,699 in funding for Boyle, Mercer and Washington counties through Gov. Andy Beshear’s Cleaner Water Program and the Kentucky Cabinet of Transportation (KYTC) . “Families in Kentucky deserve clean water – a […]
With limited staff and budget, provincial agency has ‘fallen under the radar’ of government priorities, says Outdoor Recreation Council of BC The Whistler Off Road Cycling Association (WORCA) has joined the chorus of trail-building organizations calling for more funding from Recreation Sites and Trails BC, the province’s lead agency responsible for approving trail infrastructure projects. […]
LEOMINSTER — Sholan Farms recently received $50,000 in American Rescue Plan Act funding, a much-needed boost for the city-owned property that Friends of Sholan Farms President Joanne DiNardo has lost dozens to thousands of dollars in tourism revenue. of the COVID-19 pandemic. “It’s amazing,” DiNardo said. “It’s going to help us recover.” Mayor Dean Mazzarella […]
Venture capital funding for US FinTechs almost doubled in value and volume of transactions, according to an analysis published Thursday, February 10 by S&P Global Market Intelligence. The company says the rise in deal value has been particularly surprising, but warns that 2022 could be a different story. “U.S. FinTech funding had a banner year […]
A Georgia woman could face jail time after allowing her teenage daughter to watch her younger siblings during the 2020 pandemic lockdown. Melissa Henderson, of Blairsville, was charged with reckless criminal driving after leaving her four youngest children with her eldest, 14-year-old Linley, in May 2020 after the COVID pandemic forced the children’s daycare center […]
Carissa Carpenter has frequently cited her health issues for problems she faced while building her multi-billion dollar movie studio in the farming town of Dixon, Solano County. After her arrest in 2014 on fraud charges that she defrauded millions of dollars from investors over a 20-year period, Carpenter listed a variety of illnesses, strokes, cancers, […]
According to a recent Reuters poll, the decision of the US Federal Reserve to implement several rate hikes this year could keep emerging market currencies under pressure in the short term. However, countries that have decided to raise their interest rates will see their currencies perform better within the group in the coming months. More […]
Bank of England set to raise interest rates for second time in three months LONDON (AP) — The Bank of England is expected to raise interest rates again on Thursday, putting the United Kingdom well ahead of the rest of Europe and the United States in tackling soaring inflation that is weighing on consumers and […]
LONDON (AP) — The bank of england raised interest rates for the second time in three months on Thursday, putting the UK well ahead of the rest of Europe and the US in tackling soaring inflation that is weighing on consumers and businesses . The bank’s monetary policy committee voted 5-4 to raise its key […]
Bank of England set to raise interest rates for second time in three months LONDON (AP) — The Bank of England is expected to raise interest rates again on Thursday, putting the United Kingdom well ahead of the rest of Europe and the United States in tackling soaring inflation that is weighing on consumers and […]
The Bank of England is expected to raise interest rates again on Thursday, putting the UK well ahead of the rest of Europe and the US in tackling soaring inflation weighing on consumers and businesses . Economists and investors expect the bank’s monetary policy committee to raise its key rate to 0.5%, the second hike […]
Goldman Sachs analysts say the Federal Reserve could raise interest rates more than expected this year as it aims to curb the ongoing inflation spurt. Goldman’s current projections call for four rate hikes in 2022, with hikes coming in March, June, September and December. But with inflation at its highest level in four decades, the […]
The central bank is likely to continue to hold its benchmark rate at 2% until the fourth quarter of this year and is expected to raise the benchmark by 50 basis points (bps) and another 100 bps in 2023, according to a UK bank. Analysts at Standard Chartered Bank (Stanchart) said in a conversation with […]
Columnists High inflation forcing central banks to cut rates early and raise rates Friday, December 17, 2021 By Rufas KamauMore from this author Summary This economic environment is the perfect recipe for high inflation and global economies are starting to feel the strain on household and business budgets. In the United States, the inflation rate […]
The US Federal Reserve will accelerate the pace at which it withdraws support from the economy as inflation rises, and it plans to raise interest rates three times next year. In a dramatic shift in policy, the Fed announced on Wednesday that it would cut its monthly bond purchases to twice the previously announced rate, […]
Heading to Washington on Monday to see President Joe Biden sign a federal infrastructure bill, New York Governor Kathy Hochul had good news for New York City commuters. The funding the state expects to get from the $1.2 trillion spending package should be enough to keep the state from raising fares for Metropolitan Transportation Authority […]
(The Center Square) – On her way to Washington on Monday to watch President Joe Biden sign a federal infrastructure bill, New York Governor Kathy Hochul has had good news for New York City commuters. The funding the state expects to get from the $ 1.2 trillion spending envelope should be enough to prevent the […]
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People walk past the Bank of England during the morning rush hour amid the coronavirus disease (COVID-19) pandemic in London, Britain July 29, 2021. REUTERS/Henry Nicholls/File Photo Join now for FREE unlimited access to Reuters.com Register Charts from a Reuters poll on the UK economy and the Bank of England’s policy outlook: LONDON, Nov 12 […]
The Reverse Bank of India (RBI) had introduced a series of policy changes last year to help countries get back on track and weather the effects of the Covid-19 pandemic. A major step on this path was the decision to cut repo rates – the rate at which it lends to commercial banks – in […]