Financial basis

Egypt’s foreign exchange earnings grew 5.6% year on year

Foreign currencies – Flickr CAIRO – November 28, 2021: Egypt’s total foreign exchange earnings grew 5.6 percent in 2019/2020, rising to $ 128.9 billion, compared to $ 122.1 billion in 2018/19, according to the annual bulletin of foreign currency receipts and payments statistics in Egypt for the financial year 2019/2020 unveiled. The Central Public Mobilization […]

Financial basis

UK taxpayers face billions in losses from Covid loan programs

UK taxpayers face losses of nearly £ 5 billion due to fraudsters who exploited minimal checks around the government’s Covid-19 rebound loan program for small businesses, according to the first official estimate. Overall losses on all state-backed Covid-19 loans – due to the fact that businesses cannot afford to repay, plus fraud and errors – […]

Financial basis

South Korea Raises Rates Amid Household Debt and Inflation Fears | Business and Economy

The Bank of Korea is raising its borrowing costs by 25 basis points to 1%. South Korea’s central bank raised interest rates and revised its inflation outlook on Thursday, as widely expected, as concerns over rising household debt and prices pointed to further policy tightening next year. The Bank of Korea’s monetary policy board raised […]

Financial basis

UK sells new 2073 indexed gilt with record volume

LONDON, Nov. 23 (Reuters) – Britain on Tuesday sold 1.1 billion pounds ($ 1.47 billion) of a new indexed gilt maturing in 2073, bookkeepers said, the most small volume issued in syndication since at least 2005 after the country reduced its 2021/22 Emission Plans. The deal attracted more than 17.5 billion pounds of orders and […]

Financial basis

GoFirst sees revenue increase 53.6% in September quarter

NEW DELHI : GoFirst, the airline operated by the Wadia Group, reported a 53.6% annual increase in total revenue for the September quarter, to ??752.86 crore, following a resumption of domestic passenger air traffic. The airline’s passenger revenues in the September quarter were ??555.85 crore, an increase of 76% over the same period of the […]

Financial basis

Robbins Geller Rudman & Dowd LLP Announces Substantially Lossed AppHarvest, Inc. Investors Have Class Action Option

SAN DIEGO, CA / ACCESSWIRE / November 19, 2021 / Robbins Geller Rudman & Dowd LLP announces that buyers of AppHarvest, Inc. (NASDAQ: APPH) securities between May 17, 2021 and August 10, 2021, both dates inclusive (the “Class Period”) have until Tuesday, November 23, 2021 to request a appointment as lead applicant in Ragan v […]

Financial basis

25 years old living with a disability and earning $ 33,000 in Chicago

This story is part of CNBC Make It’s Millennium Money series, which details how people around the world earn, spend and save money. Britt Dorton, 25, is meticulous about her budget. She has multiple spreadsheets to document her income, bills, and goals, and feels comfortable knowing that every dollar is accounted for. For Dorton, planning […]

Financial basis

Chronicle of Judy Hackler: White House and Virginia must step up efforts for assisted living residents | Chroniclers

GETTY IMAGES By Judy Hackler MOr half of Virginia’s 566 licensed assisted-living providers are at risk of closing or reducing resident capacity after racking up losses – to the tune of nearly $ 17,000 per resident – during the COVID pandemic -19. This is staggering on a financial basis, and an even more threatening development […]

Financial basis

While the credibility of COP26 is at stake, some call for an increase in the timetable

People demonstrate at the United Nations Climate Change Conference (COP26) in Glasgow, Scotland, Great Britain on November 7, 2021. REUTERS / Yves Herman GLASGOW, Nov. 7 (Reuters) – Behind headlines touting new emissions and financing commitments, the UN climate talks in Glasgow face a battle for credibility. Rich countries have repeatedly been accused of breaking […]