Japanese Ex-Currency Diplomat: Yen Intervention Unlikely Unless It Weakens Beyond 155 to the Dollar – Reuters
Three Industries to Watch in Global Markets
In today’s global market, there are three industries that investors should keep a close eye on: currency, oil, and agriculture. Here’s why:
Currency
“Japan will not intervene in the currency market unless the yen weakens beyond 155 against the U.S. dollar,” according to Hiroshi Watanabe, Japan’s top currency diplomat from 2004 to 2007.
This statement highlights just how important currency fluctuations can be for global markets. When major economies intervene or make statements regarding their currencies, it signals potential market shifts and impacts investor sentiment worldwide. Investors should keep a watchful eye on such announcements especially in relation to safe-haven currencies like US
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Discovery Capital is investing $5 million in Midland Bank
– 2024-04-04 05:01:56
ESG First Fund, managed by Discovery Capital, a Discovery Group company. They announced their fifth investment of US$5 million from the ESG First Fund in Midland Bank.
Midland Bank and Discovery Capital’s ESG First Fund have collaborated to establish an on-lending facility dedicated to supporting ESG-compliant businesses withi
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https://www.worldysnews.com/discovery-capital-is-investing-5-million-in-midland-bank-2024-04-04-050156/
Current account in the red, the consequences are terrible: beyond this date you will be branded for life
#Current #account #red #consequences #terrible #date #branded #life
Current Tale – Romait – (Source Depositphotos)
If your current account ends up in the red it could cause significant consequences: this is why you have to be careful
Manage a Bank account very often it also means being faced with an excess availability of the sums present and this leads to an overrun, which generates a negative balance commonly known as “go into red“.
Bring the balance in negative it is not always feasible, it depends on the contractual conditions of your account.
In case the bank had not granted any credit and funds not present in the account are used, there is a risk of being reported to the Risk centre as bad payers for unauthorized trespassing, as well as non-payment.
Generally, however, banks grant their customers credit lines such as fido or small amount, i.e. sums that the account holder can dispose of freely but still adequately.
Going under with your current account: when and why
Banks operate quite autonomously when it comes to trespassing, or they can al
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faced with soaring prices, the authorities are making a gesture towards the planters
Under pressure from growers, eager to take advantage of the surge in cocoa prices on international markets, the Ivorian government announced on Tuesday, April 2, a record increase in the minimum price guaranteed to farmers. Plus 50% for the intermediate campaign, open from April to the end of September, thus increasing the kilo of beans from 1,000 to 1,500 CFA francs (1.52 euros to 2.30 euros). A week earlier, a ton of cocoa was trading at $10,000 (9,300 euros) on the New York Stock Exchange. A historic peak from which the producers of the world’s leading exporter – 40% of production – intend to benefit. Several of their unions had, on March 27, suspended a strike notice filed for the next day, after being promised imminent “courageous decisions ” of the government.
Read also | In Ivory Coast, cocoa farmers want to benefit from the rise in prices
Expected by the main players in a sector which contributes to nearly 15% of Ivorian GDP, the Minister of Agriculture, Kobenan Kouassi Adjoumani, praised Tuesday “ a price level never before achieved in the history of the c
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faced with soaring prices, the authorities are making a gesture towards the planters
Will you buy an apartment from a flipper? Be prepared for higher taxes
The left claims that the bill is intended to discourage people pinball to their activities, reducing its profitability. – We want to free the market from harmful speculation, prohibited in other sectors, said the vice-president of the Senate, Magdalena Biejat, a few days ago.
The left wants changes in the CCP
The proposed act will introduce three new rates PCC relating to the contract for the sale of properties constituting residential premises. 10 percent – in case of sale of a residential premises within one year of its purchase, 6%. – in the case of sale of a residential premises within one year but within two years of purchase, 4%. – in case of sale of a residential premises within two years, but within three years of its purchase.
The rest of the article is below the video
See also: What does Sebastian Kulczyk invest in? A candid conversation with KI President Dawid Jakubowicz in Business Class
– The problem is that the PCC is paid by the buyers. AND they will bear the brunt of the tax increase – recalls Wojciech Jasiński, tax consultant at ATA Finance, in an interview with “Rzeczpospolita”.
The PCC rate on the real estate sales contract is 2%. real estate values. So, when buying, for example, an apartment worth PLN 500,000, PLN, the PCC tax is PLN 10,000. zloty.
The left also proposes an additional solution that imposes a higher tax on the pinball machines themselves, when they purchase the third and subsequent apartment in a 5-year cycle.
They make money by selling apartments
Furthermore, it is recommended that each time subsequent contracts for the purchase of residential premises are concluded, the buyer submits an estimate notary declaration relating to the number of contracts stipulated in the five years preceding a specific contract, under penalty of criminal liability for false declarations.
The housing tips over they involve buying an apartment at a low price and selling it at a higher price. What is important here is the investment time, which is usually around 20 weeks. Second-hand apartments are often targeted b
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Will you buy an apartment from a flipper? Be prepared for higher taxes
Controversy Surrounding Xiaomi’s First Electric Car: A Critique of Shanzhai Design in the Chinese Car Industry
economy
Entered 2024.04.04 15:28 Modified 2024.04.04 15:50
Photo = Chinese Xinhua economic media criticized information technology (IT) company Xiaomi’s first electric car. It is criticized for taking away from the design of Porsche, a famous German sports car brand. This was directly criticized as ‘Shanzhai (山寨, fake)’.
On the 3rd (local time), Chinese business media Cheil Finance criticized Xiaomi’s first electric vehicle model, the SU7, in an article titled ‘Does the Chinese car industry need one more new Shanzhai car?’ Attention has been drawn to the fact that the design of the SU7 is similar to Porsche’s electric vehicle model, the Taycan. Cheil Finance said, “Xiaomi’s first electric vehicle seems to be successful, with some models taking eight months to ship. It is questionable whether it is right for Chinese automobiles, which enter ‘the era of globalisation, still choosing ‘copycats’.” “It is,” he cri
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More money for Tesla engineers: Elon Musk is fighting for employees
Tesla CEO Elon Musk (left) and OpenAI CEO Sam Altman (right).
Beata Zawrzel/NurPhoto via Getty Images; Andrew Caballero-Reynolds/AFP via Getty Images
Elon Musk says he is increasing salaries for employees of Tesla’s AI engineering team.
The raise, Musk said, was due to OpenAI “aggressively recruiting Tesla engineers.”
“The AI talent war is the craziest talent war I’ve ever seen,” Musk says.
This is a machine translation of an article from our US colleagues at Business Insider. It was automatically translated and checked by a real editor.
Artificial intelligence engineers working at Tesla can thank Sam Altman and OpenAI for their raises.
Tesla CEO Elon Musk said on Wednesday that his company will increase compensation packages for its AI engineering team employees. The raise, Musk said, was a response to OpenAI’s attempts to poach Tesla’s engineers.
“They have aggressively recruited Tesla engineers with massive salary offers and unfortunately have been successful in some cases,” Musk wrote in a post on X (formerly Twitter) on Wed
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More money for Tesla engineers: Elon Musk is fighting for employees
Export income in March exceeded 56 thousand crore rupees
– 2024-04-04 06:35:04
In the recently concluded month of March, the country earned 510 million 25 million US dollars by exporting products. In local currency (110 taka per dollar) which amounts to taka 56 thousand 128 crores. Exports in February this year were 518 million 75 million dollars. Export earnings have increased over the month.
This information was found in the statistics published by the Export Promotion Bureau (EPB) on Tuesday (April 2).
In the first 9 months (July-March) of the current fiscal year 2023-24, goods worth 4 thousand 355 million dollars have been exported. Which is 4.39 percent higher than the same pe
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Export income in March exceeded 56 thousand crore rupees – 2024-04-04 06:35:04
$1.23 Billion Powerball Jackpot Up for Grabs in Next Drawing
Powerball Jackpot Reaches Record High for Next Drawing
Unclaimed $1.09 Billion Powerball Jackpot Leads to $1.23 Billion Pot
It’s been just over a week since a lucky ticket holder won the massive $1.13 billion Mega Millions jackpot, but Wednesday night’s Powerball drawing proved to be a disappointment for players. The estimated $1.09 billion grand prize went unclaimed, resulting in a mind-boggling pot of gold up for grabs in the next Powerball drawing this Saturday night. As more tickets are purchased, the extraordinary amount could surge even higher, currently standing at an estimated $1.23 billion.
Powerball Jackpot Among the Largest in U.S. Lottery History
Saturday’s upcoming jackpot is set to become the fourth largest jackpot in Powerball’s history and holds the impressive title of the eighth largest in the history of U.S. lotteries. The winners of this massive jackpot will certainly join a rarified group of lucky individua
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$1.23 Billion Powerball Jackpot Up for Grabs in Next Drawing
Employment of seniors: limited openings from employers to unions
2024-04-03 17:59:47
Some openings, a step back, welcome pruning in the legal reminders and, of course, nothing on the universal time savings account (Cetu) which Medef and CPME oppose: in view of the latest version of the draft em
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Employment of seniors: limited openings from employers to unions