On Monday, China’s central bank pumped much money into the financial system through medium-range loans. This action is seen to bolster the economy, although the loan rates remain the same. Reasons for the Infusion of Medium-Range Loans to Cushion the Economic Slump in China More accommodative …
Money management
COVID Free New Zealand Takes an Economic Downturn Amidst Clamor for Border Restrictions Removal
New Zealand is experiencing an economic downturn despite success on the health front. The measures taken to curb and curtail the spread of COVID 19 have led to labor shortages in different sectors of the economy. This is in turn leading to inflation. The Prime Minister has promised to address the …
A $1 Trillion Infrastructure Bill Has Been Passed by the U.S. Senate; May Be Approved This Week
According to Reuters, an infrastructure bill of approximately $1 trillion has been formulated by the U.S. senate. The essence of the bill is to build more infrastructure and renovate existing ones that are defective. Some of the amenities in view include sea-ports, rail-lines, motorways, bridges, …