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Sri Lanka Economic Crisis: India Provides Sri Lanka $55 Million Credit Line For Fertiliser Imports

India has provided a USD 55 million Line of Credit to crisis-hit Sri Lanka for the import of fertiliser, in a bid to help the island nation tide over its worst economic hardships, the Indian High Commission said on Friday.

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MSNBC The Last Word With Lawrence ODonnell November 19, 2021 06:29:00

version of tax credit for the purchase to buyers of electric vehicles people who go shopping for a new car. when they start going and getting electric vehicles, there s a 7500 dollar tax credit on electric vehicles. but on vehicles that were built by union labor, they will have as high as a 12,500 dollar credit. that s basically taking $12,000 off the stick or that you are looking at. and you can drive that car from coast to coast with thousands of electric vehicle charging stations that were installed with good paying union labor all over the country. you ve got it. and when you add that to the other infrastructure products projects, there s a reason that pipe fitters and plumbers and iron workers are standing up with democrats, just like they did with me the other day in new york. this is jobs as far as the eye can see,

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Foreign currency corporate borrowing: Risks and policy responses

Atish R. Ghosh, Jonathan D. Ostry, Mahvash S. Qureshi Non-financial corporations in emerging market economies (EMEs) increasingly rely on foreign currency debt for financing. Since the global crisis of 2008, the amount of dollar-denominated debt of EME corporations has quadrupled. 1 Research has shown that interest rate differentials between EMEs and the US have contributed significantly to this phenomenon (Bruno and Shin 2017). In essence, EME corporations prefer to borrow in foreign currency when there is a ‘carry’, meaning foreign interest rates are low relative to domestic interest rates. This carry trade borrowing leaves the firms exposed to sudden stops in capital flows and associated currency depreciations (Bruno and Shin 2020). More broadly, the accumulation of external debt on private balance sheets can lead or contribute to currency depreciation spirals and thereby poses risks for EME growth and financial stability (Acharya et al. 2015, Du and Schreger 2017). These i

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FOXNEWS America Reports With John Roberts Sandra Smith April 15, 2021 18:29:15

FOXNEWS America Reports With John Roberts Sandra Smith April 15, 2021 18:29:15
archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.

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CFPB Taskforce Issues Report Setting High-Level Agenda and Priorities | Manatt, Phelps & Phillips, LLP

To embed, copy and paste the code into your website or blog: The Consumer Financial Protection Bureau (CFPB) released its long-awaited two-volume Taskforce Report on Consumer Financial Law (the Report) as expected last week, following a yearlong effort. While advisory in nature, it is written with an intent to influence consumer finance law for decades to come. And while the Taskforce was criticized for lacking any consumer advocates among its members, the Report more often than not generally expands in detail on themes that could have fit just as well in Obama-era reports or views we expect to see expressed in a CFPB led by a Biden administration appointee. We explain in detail below.

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