As I sat in the federal budget deadlock this week, reeling from the changes introduced in the budget, I thought of a quote from author Washington Irving: “There is some relief in change, even if it is from bad to worse; as I have often found by traveling in a stagecoach, that it is often …
How will life be different because of Budget 2023 Read More »
The buy-now-pay-later (BNPL) market, an alternative to credit cards whose popularity exploded during the pandemic, could grow to nearly $3.7 trillion by 2030 as more consumers take advantage of ways to pay for goods and services in interest-free installments instead of a lump sum. Key takeaways Buy now, pay later volume could exceed $3.5 trillion …
Buy Now Pay Later (BNPL) could become a multi-trillion dollar business Read More »
China EU Photo: VCG The EU has stepped up protectionism and its business environment has worsened in recent years, creating certain difficulties for many Chinese companies investing and operating in the EU, according to a report by the Academy of China’s Trade Promotion Agency. A healthy business environment in the EU is the common desire …
ORLANDO, Fla., March 29 (Reuters) – The U.S. money supply is falling at the fastest rate since the 1930s, a red flag for the economy and financial markets. The money supply has now fallen year-on-year since December, an unprecedented development in modern times that should make investors sit up and take notice – growth, asset …
Column: US money supply shrinks at fastest rate since 1930s Read More »
Create best practices for good times and bad Commodity cycles present opportunities and challenges. Just look at the charts to see how the past decade has played out for ROI in corn and soybeans. Looking ahead, here’s what I’ve seen the best operations do in good and challenging years: 1. Take time to work on …
Farming boom or bust in the coming decade? How to manage price cycles Read More »
The Ministry of Commerce says the move will ease the cost and time of legal and financial transactions by Pakistani entities and individuals. Islamabad, Pakistan – The European Union has removed Pakistan from its “list of high-risk third countries”, a move expected to improve conditions for business activity. In a statement announcing the news on …
FRANKFURT, March 29 (Reuters) – European Central Bank interest rates will likely need to rise further to curb inflation, policymakers said on Wednesday, but at least one outspoken conservative floated the idea of a slowdown in the pace of increases. The ECB has raised interest rates by a combined 350 basis points since July, but …
ECB interest rates will have to rise, but possibly at a slower pace – the politicians Read More »
CNY852 billion Net liquidity injection 21.-29. March 2023 Higher What is behind the large liquidity injection from the PBoC? China’s central bank, the PBoC, has injected significant liquidity into the market since 21 March. From the 21st to the 29th of the month, the central bank injected more than CNY 850 billion of net liquidity …
China’s central bank pumps more liquidity into the market | snap Read More »
WASHINGTON, March 29 (Reuters) – Contracts to buy U.S. previously owned homes rose for a third straight month in February, boosting cautious optimism that the housing market crisis may be bottoming out. The National Association of Realtors (NAR) said Wednesday that its Pending Home Sales Index, based on signed contracts, rose 0.8% last month to …
US pending home sales rise for third straight month; loan demand increases Read More »
Actions during COVID-19 As we all remember, almost exactly three years ago the rapid spread of a new virus brought the world to a standstill. Large parts of the economy shut down and global financial markets experienced unprecedented disruption. This led to a sense of panic both on Main Street, where businesses and households worried …
Bank of Canada’s Market Liquidity Programs: Lessons from a Pandemic Read More »
