Latest News for: Economists fund

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U.S. dollar share of global central bank reserves drops to 25-year low: IMF

People Daily 06 May 2021
dollar assets in global central banks' foreign exchange reserves has dropped to a 25-year low, driven by exchange rate fluctuations and central bank actions, according to economists at the International Monetary Fund (IMF) ... The economists also found that exchange rate fluctuations can explain about 80 percent of the short-term variance in the U.S.
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Government to decide on use of direct budget support

FBC News 05 May 2021
He adds the donor country feels confident in Fiji’s financial management of those funds, but there had to be a thorough assessment of national systems.Article continues after advertisement ... The minister adds those questioning the use of these funds aren’t being factual.
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US weekly jobless claims rise again, but labour market recovery gaining steam

The National 05 May 2021
Some economists also believed the expansion of benefits, including a government-funded $300 weekly subsidy and programme for the self-employed, gig workers and others who do not qualify for the regular state unemployment insurance programmes, was contributing to keeping claims high.
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Donors race to aid India during COVID-19 surge

The Spokesman-Review 05 May 2021
The India Development and Relief Fund, a nonprofit founded by Vinod Prakash, a retired World Bank economist, has raised more than $350,000 for Covid-relief efforts in India since April 26 — about three times the amount it raised for pandemic response in India last year ... We obviously need more funds.” .
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Donors send millions of dollars to aid India during Covid-19 surge

TVNZ 05 May 2021
The India Development and Relief Fund, a nonprofit founded by Vinod Prakash, a retired World Bank economist, has raised more than NZ$485,700 for Covid-relief efforts in India since April 26 — about three times the amount it raised for pandemic response in India last year ... We obviously need more funds.”.
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Biden plan could mean 83K jobs in Silver State, researcher says

Las Vegas Review-Journal 05 May 2021
New research from Women Effect Fund and University of Massachusetts, Amherst economist Lenore Palladino found that it would create more than 83,000 new child care and prekindergarten jobs in Nevada ...And then what we do is see what the impacts will be from that additional funds available in Nevada for child care,” Palladino said.
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Halt to unemployment repayment stalled by contentious amendment

Columbia Missourian 04 May 2021
Then Sen ... John Rizzo, D-Independence, who proposed another amendment to take out the provision ... Louis ... While there has been discussion about how the CARES Act benefit increases and stimulus money will prompt inflation, unemployment benefits funded by the state are not traditionally understood by economists to have a direct correlation with inflation ... .
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India’s Covid crisis reveals complacency and lack of foresight: Raghuram Rajan

Business Line 04 May 2021
After a drop in cases last year, “there was a sense that we had endured the worst the virus could give us and we had come through and it was time to open up, and that complacency hurt us,” said Rajan, a former International Monetary Fund chief economist and now a professor of finance at University of Chicago. Covid-19 vaccination.
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Covid-19: India crisis reveals complacency and lack of foresight, Raghuram Rajan Says

The Times of India 04 May 2021
NEW DELHI ... After a drop in cases last year, “there was a sense that we had endured the worst the virus could give us and we had come through and it was time to open up, and that complacency hurt us,” said Rajan, a former International Monetary Fund chief economist and now a professor of finance at University of Chicago ... Start a Conversation. .
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India crisis reveals complacency and lack of foresight, says Rajan

Hindustan Times 04 May 2021
PUBLISHED ON MAY 04, 2021 10.02 AM IST ... After a drop in cases last year, “there was a sense that we had endured the worst the virus could give us and we had come through and it was time to open up, and that complacency hurt us,” said Rajan, a former International Monetary Fund chief economist and now a professor of finance at University of Chicago.
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India crisis reveals complacency and lack of foresight, Raghuram Rajan says

Live Mint 04 May 2021
TRENDING STORIESSee All ... 2 min read ... After a drop in cases last year, “there was a sense that we had endured the worst the virus could give us and we had come through and it was time to open up, and that complacency hurt us," said Rajan, a former International Monetary Fund chief economist and now a professor of finance at University of Chicago ... .
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Biden plan could mean 83K child care jobs in Silver State, researcher says

Las Vegas Review-Journal 04 May 2021
New research from Women Effect Fund and University of Massachusetts, Amherst economist Lenore Palladino found that it would create more than 83,000 new child care and prekindergarten jobs in Nevada ...And then what we do is see what the impacts will be from that additional funds available in Nevada for child care,” Palladino said.
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DOC’S PRESCRIPTION: Growing inflation concerns as consumer spending ramps up

Sarasota Herald-Tribune 03 May 2021
From economists to the man on the street, we now have concerns over a rapid increase in inflation ... To slow the economy’s growth and shrink inflation, former Federal Reserve Chairman Paul Volcker raised the federal funds rate to a record 20% in March 1980 ... For 2021, economists expect inflation to approach 2.3%.
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Is Myanmar’s junta benefitting from rare-earth boom?

Asiatimes 03 May 2021
Illegal rare-earth mining in Myanmar’s northern border state of Kachin — a common occurrence in the region and a major export to China — has seen a five-fold increase since the February 1 military coup, raising fears the profits could be helping fund the junta.
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