riceGoldman Sachs Group Inc. Chief Executive David Solomon said the odds of a soft landing for the U.S. economy were “significantly higher” than they were six months ago. “The odds of a soft landing for the U.S. economy in 2023-24 are more likely than I thought six months ago,” Solomon said at a conference hosted … Read more
PLANT PROTECTION PRODUCTS On “winegrowers see viticulture in danger” by Gerold Zink, BZ from February 2nd: At the meeting in Oberbergen, according to the BZ article, there was an outcry from the ranks of the winegrowers. Reason: The draft of an EU regulation on the sustainable use of plant protection products, according to which the … Read more
Several U.S. Federal Reserve officials said on Monday that inflation was too high and would take time to calm down. A paper released today suggested that the US policy rate may need to be raised to 6.5% as January’s Personal Consumption Expenditures (PCE) price index posted better-than-expected gains. “These inflation numbers are still not where … Read more
The personal consumption expenditures (PCE) price index, the Fed’s favorite indicator of inflation, posted better-than-expected gains in January in both the headline index and the core index, which excludes food and energy. PCE also increased significantly, putting more pressure on the Fed to continue raising interest rates. Key Point PCE Composite Price Index rises 0.6% … Read more
Bond futures fell. US long-term interest rates have risen sharply following the announcement of strong economic indicators, and selling has become dominant following the downward trend in futures trading at night. The new 10-year government bond has yet to be traded, but some speculate that the yield may exceed the Bank of Japan’s upper limit … Read more
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
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
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
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
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