Economy

Biden Aims at China in New Illegal Fishing Policy Framework |  World News

Biden Aims at China in New Illegal Fishing Policy Framework | World News

By BARRY HATTON and JOSHUA GOODMAN, Associated Press LISBON, Portugal (AP) — The Biden administration is stepping up efforts to combat illegal fishing by China, ordering federal agencies to better coordinate among themselves as well as with foreign partners in a bid to promote sustainable exploitation of the world’s oceans. On Monday, the White House …

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Sri Lanka under virtual lockdown as fuel restricted for pvt cars |  Business and Economy News

Sri Lanka under virtual lockdown as fuel restricted for pvt cars | Business and Economy News

Gov’t decided on Monday to limit distribution of fuel to essential services until July 10 and told residents to stay home. by Anusha Ondaatjie and Asantha SirimanneBloomberg Published On 28 Jun 202228 Jun 2022 Sri Lanka abruptly restricted fuel supplies and told residents to stay home, raising the risk of more unrest as the government …

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The next round of parental finance support to adult kids: Help paying the mortgage

The next round of parental finance support to adult kids: Help paying the mortgage

It seems you can never close the book on the cost of being a parent. Life event by life event, parental financial obligations are growing. Helping your children cover the cost of university or college expanded to post-graduation financial support, which expanded to big bucks for house down payments. Now, with mortgage rates spiking higher, …

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Finance Ministry asks banks to tie up with fintech;  explore co-lending opportunities

Finance Ministry asks banks to tie up with fintech; explore co-lending opportunities

The Finance Ministry has asked public sector banks to explore fintech partnerships and co-lending opportunities to expand their business. In the recently concluded performance review of PSBs by the Finance Ministry, sources said, lenders were asked to focus on technology and data analytics to push their lending. The ministry also urged the heads of the …

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Julius Baer publishes Global Wealth and Lifestyle Report 2022

Julius Baer publishes Global Wealth and Lifestyle Report 2022

Despite average prices increase of 19 per cent Dubai fell two places to 14th on the Index ranking Prices for hotel suites increased 195% compared to last year which represents the second strongest increase on a global scale, mostly due to the influx of tourists Dubai’s residential property prices grew 44% on the back of …

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Tobacco Harm Reduction: Survey Shows Global Citizenry Reject Divisive Approaches to Policy Making

Tobacco Harm Reduction: Survey Shows Global Citizenry Reject Divisive Approaches to Policy Making

A global survey was conducted by the international research firm Povaddo for Philip Morris International (PMI) that covered 22 countries around the world (the Americas, Africa, Europe, and Asia) with the participation of over 44,000 respondents. The June 2022 survey showed that the majority of people are frustrated by social polarization on topics that are …

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Here’s what financial advisors say about the Fed’s latest rate hike

Here’s what financial advisors say about the Fed’s latest rate hike

The Marriner S. Eccles Federal Reserve Board Building in Washington, DC Sarah Silbiger | Reuters While the market moves are positive for investors, they are still dealing with a complicated backdrop that’s likely to continue to whiplash asset prices going forward. Earlier in the week, the S&P 500 fell into bear market territory, meaning a …

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