Banks See Strong Pickup In Overseas Loan Book Growth In

MUMBAI : State-run banks posted a strong rebound in their international loan book last fiscal after several quarters of what can be termed as sluggish growth due to covid-19. Latest data showed that a large number of banks have increased their exposure to domestic corporates in the overseas market in the year ended 31 March, […]readmore

Macro Snapshot — Egypt’s unemployment rate dips to 7.2%; US economic

RIYADH: Egypt’s unemployment rate dropped to 7.2 percent in the first quarter, down from 7.4 percent in the previous quarter, the country’s state statistics agency CAPMAS said on Sunday. US economic outlook  The US economic outlook has weakened and inflation is set to remain higher than previously expected for a while yet, a Federal Reserve […]readmore

Maine Attorney General Warns About Relief Check Scam

Since the State of The State address earlier this year, we have been hearing about a new round of relief checks for Maine residents.  Basically, Governor Mills said that she was going to give a state budget surplus back to the people of the state. Initially, the checks started out being approximately $500 each.  However, […]readmore

Maine Attorney General Warns About Relief Check Scam » Scammer

Since the State of The State address earlier this year, we have been hearing about a new round of relief checks for Maine residents.  Basically, Governor Mills said that she was going to give a state budget surplus back to the people of the state. Initially, the checks started out being approximately $500 each.  However, […]readmore

An estimated $163 billion from pandemic unemployment benefits were misspent

Identity theft and other sophisticated criminal schemes contributed to potentially $163 billion in waste, while inflicting harm on unwitting victims. Sareena Brown-Thomas, a victim of identity theft that caused her to be unable to collect unemployment benefits. The number of fraud cases in unemployment insurance benefits has increased significantly. (Carolyn Van Houten/The Washington Post) Sareena […]readmore

China’s struggle delights some – but should make us all

China has been central to the story of globalisation over the past 30 years but now it is struggling. More than two years after Covid-19 cases were discovered in Wuhan, the world’s most populous country has yet to get on top of the virus. Draconian lockdowns have been imposed because China’s vaccines are less effective […]readmore

Shanghai aims to reopen more businesses shut by COVID, Beijing

Shanghai malls, shops to gradually resume in-store operations Some Beijing districts extend work-from-home guidance Shanghai lockdown frustrates, infuriates residents Curbs have rattled global supply chains SHANGHAI/BEIJING, May 15 (Reuters) – Shanghai will gradually begin reopening businesses such as shopping malls and hair salons in China’s financial and manufacturing hub from Monday after weeks in strict […]readmore

Durum not reacting like other wheat markets | Crop

While other wheat markets, like spring wheat, are pushing prices higher, the durum market is not reacting in a similar fashion. Although prices are still quite good, they have not seen the appreciation that other markets have experienced in the last several weeks. “Most cash bids have remained in the range of $12.50 to $13.50, […]readmore

Beijing Extends Work-from-home Guidance in Several City Districts

Beijing on Sunday extended guidance to work from home in four districts of the Chinese capital, including the largest, Chaoyang, as the city tries to stop a Covid-19 outbreak. Beijing found 55 new cases in the 24 hours to 3 p.m. (0700 GMT) on Sunday, 10 of which were outside areas that were under quarantine, […]readmore

Real estate market on P.E.I. shows only slight signs of

There are signs P.E.I.’s red-hot real estate market could be starting to cool — but that doesn’t mean it’s going to be any easier to break into the Island’s competitive real estate market. Nationally, the market showed signs of cooling in March as both the number of homes sold and the average selling price declined compared to the previous […]readmore