Its people its economy and the way it deals with the rest of the world the bottom line. Hello im sam is a than this is counting the cost of aljazeera your weekly look at the world of business and economics this week japan im aging population soaring debts and column e. In recession can japans new Prime Minister of 4 decades of contraction. Also this week pakistan is asias best performing stock market and the rally have a long way to go despite the pandemic. Plus famine poverty and uprisings a stark warning says the pandemic wipes out a decade of economic growth. In the end maybe in a conservative country the choice of continuity was too appealing chief cabinet secretary. Replaced his bastions as Prime Minister stepped down as the countrys longest serving Prime Minister for Health Reasons challenges to pick up from where they left off and make sure their twentys are not a wasted decade. I have attempted to turn around the stale economy with a 3 pronged revival plan we have inherited an
Uprisings the stark warning says the pandemic wipes out a decade of economic growth. In the end maybe in a conservative country the choice of continuity was too appealing chief cabinet secretary. Replaced his bastions of Prime Minister stepped down as the countrys longest serving Prime Minister for Health Reasons challenges to pick up from where they left off and make sure their twentys are not a wasted decade. Had attempted to turn around the stale economy with a 3 pronged revival plan we have inherited an economy that struggled with deflation and slowing growth after the stock and Property Market crash in the 1990 s. The effort had limited success and rb nomics as it was known was more or less abandoned the central bank introduced unconventional tools to tackle the countrys problems from driving Interest Rates into negative territory to quantity of easing again with limited success right now the economy is in its 3rd straight quarter of recession in the 2nd quarter of this year the e
We are meeting today to conduct an important hearing on the Small Business administration Paycheck Protection Program, or ppp, specifically, review review of the loan forgiveness process. I want to thank each of the witnesses for their testimonies today. Over the past several months, this committee has held numerous hearings on the ppp, and weve heard from borrowers and lenders about the challenges theyve faced in accessing the program. Ive also traveled across my district of burlington and ocean counties in new jersey to speak with Business Owners about how theyve fared during the pandemic, and ive heard some of the successes and challenges theyve faced with ppp and uncertainty about what the future holds. From borrowers who eventually did access a loan, the Committee Heard concerns about complicated, unclear, and sometimes conflicting Program Rules and other requirements associated with loan forgiveness. Lenders also expressed a great deal of frustration over the needlessly complicat
Hearings on the ppp, and weve heard from borrowers and lenders about the challenges theyve faced in accessing the program. Ive also traveled across my district of burlington and ocean counties in new jersey to speak with Business Owners about how theyve fared during the pandemic, and ive heard some of the successes and challenges theyve faced with ppp and uncertainty about what the future holds. From borrowers who eventually did access a loan, the Committee Heard concerns about complicated, unclear, and sometimes conflicting Program Rules and other requirements associated with loan forgiveness. Lenders also expressed a great deal of frustration over the needlessly complicated rules and reported feeling unable to adequately help their borrowers through the forgiveness process. Through it all, borrowers simply wanted to ensure they were using loan proceeds consistent with the law so they could qualify for full loan forgiveness, and effectively convert the loan into a grant, which was the
This is counting the cost of your weekly look at the world of business and economics this week japan im aging population soaring and quantum in recession can japans new Prime Minister of decades of contraction. Also this week pakistan is a performing stock market and the rally have a long way to go despite the pandemic. Famine poverty and uprisings a stark warning says the pandemic wipes out a decade of economic growth. In the end maybe in a conservative country the choice of continuity was too appealing chief cabinet secretary he replaced his boss. As Prime Minister stepped down as the countrys longest serving Prime Minister for Health Reasons challenges to pick up where they left off and make sure their twentys are not a wasted decade. I have attempted to turn around the stale economy with a 3 pronged revival plan we have inherited an economy that struggled with deflation and slowing growth after the stock and Property Market crash in the 1990 s. The effort had limited success and rb