regulation

Approving the amendment of the executive regulations of the Saudi Building Code application system.. and compensating the owner for damages during this period

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Approving the amendment of the executive regulations of the Saudi Building Code application system.. and compensating the owner for damages during this period

Al-Marsad Newspaper: The Minister of Commerce, Chairman of the Board of Directors of the Saudi Standards, Metrology and Quality Organization, Majid Al-Qasabi, approved the amendment of the executive regulations of the building code application system. compensation The amendment of the regulations included obligating the designer supervising the implementation of the construction and the executor to … Read more

Summers says the Fed may be forced to hit the brakes on the economy – Bloomberg

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Summers says the Fed may be forced to hit the brakes on the economy – Bloomberg

Former U.S. Treasury Secretary Summers said on Monday that widespread price pressures in the U.S. show the impact of monetary tightening so far has been limited, risking policy makers going beyond expectations. indicated that it was on the rise. “The Fed is trying to put the brakes on the economy, but it doesn’t seem to … Read more

Binance CEO named favorable countries for bitcoin business

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Binance CEO named favorable countries for bitcoin business

Cryptocurrency entrepreneurs should consider moving to a country with favorable regulation of the bitcoin industry. This was stated by Binance CEO Changpeng Zhao during a speech in Twitter Spaces. He considers Dubai (UAE), Bahrain and France to be such jurisdictions. “If you are serious about your project, moving to a new country might not be … Read more

Airbnb has come to life, its regulation is being prepared

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Airbnb has come to life, its regulation is being prepared

In the summer, the platform already reported a worldwide record number of booked overnight stays, one hundred million per quarter, and in the third quarter of last year, its sales grew by more than a third year-on-year to 2.9 billion dollars (about 63 billion crowns). The company does not provide data on the Czech market, … Read more

LG EXPANDS ITS PREMIUM ENTERTAINMENT OPTIONS WITH WEBOS HUB

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LG EXPANDS ITS PREMIUM ENTERTAINMENT OPTIONS WITH WEBOS HUB

Apple TV, Apple Music, AirPlay and HomeKit will beavailable in more than 100 countries and regions LIMA, February 03, 2023 — LG Electronics (LG) has announced the availability of the Apple TV app, Apple Music, AirPlay and HomeKit on its hub webOS in more than 100 countries and regions. Now, compatible smart TVs offer a … Read more

FOMC Expected to Continue Tightening Rate Hikes to 0.25 Percentage Points – Bloomberg

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FOMC Expected to Continue Tightening Rate Hikes to 0.25 Percentage Points – Bloomberg

At the Federal Open Market Committee (FOMC) meeting on the 1st, the Fed is expected to continue tightening monetary policy aimed at curbing inflation, while continuing to narrow down the range of interest rate hikes. Federal Reserve Board (FRB) Chairman Jerome Powell, who will hold a press conference after the meeting, is expected to dismiss … Read more

U.S. Job Costs Grow Lower than Expected, Strengthening Argument for Slower Rate Hikes – Bloomberg

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U.S. Job Costs Grow Lower than Expected, Strengthening Argument for Slower Rate Hikes – Bloomberg

In the United States, the fourth quarter of last year saw job cost growth fall short of market expectations. With new signs of slowing inflation, the Federal Open Market Committee (FOMC) has strengthened its argument for reducing rate hikes at its meeting this week. Key Point Fourth-quarter U.S. employment cost index, seasonally adjusted, rose 1% … Read more

U.S. PCE Price Index Slows Further in December, Boosting Rate Hike Expectations – Bloomberg

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U.S. PCE Price Index Slows Further in December, Boosting Rate Hike Expectations – Bloomberg

Last December, the U.S. Personal Consumption Expenditure (PCE) price index saw its slowest growth in more than a year, with both the headline index and the core index, which excludes food and energy, slowing further from a year earlier. Meanwhile, spending fell, fueling speculation that the Fed would slow its pace of rate hikes even … Read more

Financial Services Agency asks top regional banks to prepare for rising domestic interest rates – Bloomberg

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Financial Services Agency asks top regional banks to prepare for rising domestic interest rates – Bloomberg

Executives of the Financial Services Agency instructed top management of regional banks to accurately analyze and understand the impact of rising domestic interest rates on their portfolios and credit costs, and give priority to responding to market fluctuations. I found it encouraging. This was confirmed by several people familiar with the matter. At a meeting … Read more

U.S. GDP Slows as Fed Wants; Recession Risk Remains – Bloomberg

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U.S. GDP Slows as Fed Wants; Recession Risk Remains – Bloomberg

U.S. economic growth in the fourth quarter of 2022 (October-December 2022) outperformed market expectations and moderately slowed as the Fed hopes to keep inflation under control without impeding growth. But economists who have dug into the details of the statistics also see enough warning signs to suggest there remains a significant risk of a recession … Read more