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September 09, 2021 Today, President Joe Biden announced new changes to the COVID-19 Injury-Related Economic Disaster (EIDL) Loan Program, which provides long-term, low-cost loans to people affected by the pandemic of coronavirus (COVID-19). According to the White House, the changes will allow more companies to gain greater and more flexible …

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The banking sector is developing despite the impact of Covid-19

By Gadiosa Lamtey Dar es Salaam. The banking sector in Tanzania continued to grow last year, with key indicators showing positive trends despite the Covid-19 epidemic disrupting economic activities across the world. As the economy of sub-Saharan Africa entered recession in 2020, Tanzania’s gross domestic product (GDP) grew by 4.8%. …

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British economic recovery “flattens out”

gHello. The FTSE 10 is expected to fall about 0.34% when it opens today, as the fallout from Friday’s huge lack of US job growth continues to trickle into global markets. Goldman Sachs lowered its economic outlook for the United States, causing Asian stocks to fall overnight, although Japan’s Nikkei …

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Nigeria: How far can the CBN support the e-Naira?

The central bank digital currency (CBDC) codename e-naira goes live on October 1, 2021. The umbrella bank has been researching digital currencies since 2017 to understand how Hyperledger Fabric Blockchain technology is being used in the world. In a recent stakeholder meeting hosted by its Information Technology (IT) department, CBN …

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Raising the legal debt ceiling is not a good idea

PETALING JAYA: The Center for Market Education (CME) pointed out that there are unintended negative consequences generated by additional borrowing, following the proposal of Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz to increase the legal debt limit at 65% compared to the current 60% of gross domestic product (GDP). …

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Freedom to do what’s right

Betty firth Betty firth This week I was in a discussion where the concept of freedom came up, and I have always had it in my head ever since. What does freedom mean to you? Beyond the flag clichés, it seems to me that our different perspectives on freedom can …

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