What does it mean for US banks to raise interest rates, and how does the decision affect consumers?

Al-Marsad newspaper: The US Federal Reserve raised the main interest rate by half by 0.5%, in the largest increase in 22 years. Raising interest rates is a criterion that determines the interest rates on loans that banks obtain from the Central Bank, and accordingly banks set their plans for a new calculation mechanism for interest … Read more

Khaled Al-Sulaiman: If the prices of domestic flights went down by a decision, this means that their increase was by a decision!

Al-Marsad newspaper: The writer Khaled Al-Sulaiman said: “If the prices of domestic flights went down by a decision, this means that their rise was by a decision, more than it was related to some airlines with supply and demand and travel seasons, and perhaps the decision-maker appreciated the public interest and outweighed it in the … Read more

What does the Fed’s tendency to sell $8 trillion in assets mean?

With the Federal Reserve beginning to reduce its holdings of more than $8 trillion in assets including Treasurys and mortgage-backed equities, what does this mean for markets and what significance does this move have? We had recently heard about the Federal Reserve’s tendency to reduce its holdings of bonds and assets by more than eight … Read more

The Mongolian government submits a draft law to the National Great Hural to take special measures to keep the country’s economy running smoothly – Xinhua English.news.cn

Summary [The Mongolian government submits a draft law to the National Great Hural to take special measures to keep the country’s economy running smoothly]On the morning of April 5, local time, Mongolian Prime Minister Oyun Erden paid a visit to the country’s National Great Hural (Parliament) Chairman Zaandan Shatar submitted a draft law on solving … Read more

here’s what it means for your wallet

Published Thursday, March 24, 2022 at 10:03 p.m. By Sudinfo with Belga The House on Thursday approved a bill activating the mini tax-shift operated by the Vivaldi coalition. Led by Finance Minister Vincent Van Peteghem (CD&V), the text contains two main measures: the reduction of the Special Social Security Contribution (CSSS) and the introduction of … Read more

“We can’t pay for fuel”

Posted on Thursday, March 24, 2022 at 6:33 p.m. By Sudinfo with Belga The humanitarian aid organization Renaissance de la Nation, which has taken over the premises, lacks the resources to pay for the fuel, according to information from VTM Nieuws also confirmed on the spot by Belga on Thursday. The non-profit association hopes that … Read more

Applause to welcome the fifty Ukrainians who will be at the San José de Sotrondio school: “Many thanks to Spain”

Dozens of people had been waiting for hours outside the San José de Sotrondio school when finally, after nine twenty at night, the convoy with 47 Ukrainian refugees arrived at the facilities. Applause and shouts of support for some people who arrived exhausted after hours and hours of travel. “Many thanks to Spain,” said Victoria … Read more