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iAfrica 3 months ago 2 min read
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GrandWest Casino and Entertainment World in Cape Town has adopted Valhalla Secondary School’s feeding initiative for the 2021 academic year, also contributing towards building and equipping a new kitchen facility.
The socio-economic development initiative is in partnership with the Peninsula School Feeding Association (PSFA), which addresses hunger in underprivileged young learners and students attending educational institutions through school feeding and other developmental initiatives with the aim of improving school attendance.
“We have provided Valhalla Secondary in Elsie’s River with R74 250 to ensure that 165 learners on the school feeding programme are provided with daily nutritious meals, as well as R200 000 towards supplying and installing a container to be used as a kitchen,” said GrandWest General
Er trocknet Heu für Kühe und Hamster sn.at - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sn.at Daily Mail and Mail on Sunday newspapers.
Can consumers’ inflation expectations help stabilise the economy?
By Ioana Duca-Radu, Geoff Kenny and Andreas Reuter
Economists have argued that when interest rates set by policymakers cannot go any lower, the economy can be stabilised if consumers expect the rate of inflation to increase. Yet, the evidence for this stabilising effect has been very mixed. In this article we review new evidence from a monthly survey of over 25,000 individual consumers across the euro area showing that consumers are indeed more ready to spend if they expect inflation to be higher in the future. While generalised in the population, the stabilising effect is stronger when nominal interest rates are constrained at the lower bound.
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