Philippines Cuts Rice Tariff, Prices Expected to Drop by P5 per Kilo

Jul 09, 2024 20:29 pm UTC| Economy Business

The Philippine government has announced a tariff reduction on imported rice, expected to lower retail prices by approximately P5 per kilo. Finance Secretary Ralph Recto stated this measure aims to mitigate inflation and...

$1312 Alaska Stimulus Checks: Who Gets Paid by July 18?

Jul 09, 2024 04:32 am UTC| Business Economy

Eligible participants in Alaska can receive a maximum of $1312 from the Permanent Fund Dividend (PFD). Individuals with an Eligible-Not Paid status will likewise receive their increase in 2024. The PFD program commenced...

Stimulus Check 2024: Full List and Payment of States Offering $500 Monthly Payments

Jul 09, 2024 04:10 am UTC| Business Economy

Numerous United States residents will have the chance to obtain fresh stimulus payments in July. The monthly payouts, which may reach up to $500, depend on households fulfilling specified qualifying criteria established by...

International Banks Revise Inflation Forecasts for Turkey Amid Encouraging June CPI Data

Jul 08, 2024 15:50 pm UTC| Business Economy

International banks have revised their inflation expectations for Turkey following encouraging June CPI data. Consumer prices rose by 1.64% from May, with the annual inflation rate dropping from 75.45% to 71.60%. Finance...

Indonesia Projects 2024 Budget Deficit Increase to 2.7% of GDP Amid Rupiah Decline

Jul 08, 2024 15:46 pm UTC| Economy Business

Indonesias finance minister announced that the countrys budget deficit is projected to rise to 2.7% of GDP in 2024 due to the rupiahs depreciation and reduced tax revenue from the mining sector. The government aims to...

South Africa’s healthcare system: eight steps that would get it on the right track

Jul 08, 2024 09:18 am UTC| Economy

South Africas healthcare system suffers from widespread problems in its governance. A number of indicators point to this dysfunction. These include the large number of managers in acting positions, frequent changes in...

Citi Predicts Fed to Cut Rates by 200 Basis Points Amid Economic Slowdown

Jul 08, 2024 02:37 am UTC| Economy

Citi Research analysts predict the Federal Reserve will implement eight consecutive 25 basis point rate cuts starting in September, in response to signs of economic slowdown. The expected reductions would lower the...