China, the Second Largest Digital Economy Should Avoid Fights Over Digital Taxes: Former Head of Central Bank
On April 21, Zhou Xiaochuan, the former governor of the People’s Bank of China, spoke at the Boao Forum for Asia, with an emphasis on digital taxes.
He confirmed that digital taxes will be discussed at the Group of 20 (G-20) Summit this July when every member state is expected to express its views.
Zhou indicated that China’s discussion of its views should “avoid falling into fights with each other over the digital tax, especially about whose wallet the money raised from the digital tax belongs to” as “the fights could easily emerge as a new tariff war.”
Report Reveals U.S. Kids Contributed $24.3B to the Economy During COVID-19
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gohenry unveils new data detailing how COVID-19 transformed the way kids and teenagers earn, save, spend, and give money NEW YORK (PRWEB) April 27, 2021
gohenry, the kids debit card and financial education app, today released its annual U.S. Youth Economy Report, revealing how the past year has transformed the money habits of Gen Z and Gen Alpha. According to the report, American kids and teenagers earned an impressive $27.2 billion in 2020 and contributed $24.3 billion to the economy.
gohenry s Youth Economy Report looked into the real-life earning, saving, spending, and giving habits of 57,000 US children aged 6-18-years-old to show how the pandemic has transformed Gen A s and Gen Z s attitudes to money. This data was upweighted to be nationally representative and revealed how new realities like stay-at-home orders, virt
Daily Monitor
Wednesday April 21 2021
Summary
During February, government borrowed Shs 901.21b from the domestic market through two T-Bill auctions and one T-Bond auction. At least Shs440.11b was raised from T-Bills while Shs461.11b came from T-bonds.
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Interest rates for both shilling and dollar-denominated loans edged in February, according to data from the Ministry of Finance.
This was contrary to a stable Central Bank Rate that the Central Bank has maintained at 7 per cent since December.
Interest rates on shilling-denominated loans rose to an industry average of 19.9 per cent during the period from 17.4 per cent in January, which represented a 2.2 percentage rise while those on foreign currency loans edged up to an average of 5.3 per cent from 4.7 per cent.
Government spent Shs2 037 trillion in March – Finance monitor.co.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from monitor.co.ug Daily Mail and Mail on Sunday newspapers.
BBC News
By Katherine Latham
image captionThe Wye Valley Producers, including Angharad Underwood, bottom right, have joined to work together
It is said that strength comes in numbers, and that is what award-winning food producer Angharad Underwood found during the pandemic.
When Covid-19 hit last year, Ms Underwood was faced with having to temporarily close her business, The Preservation Society.
Based in the Welsh town of Chepstow, right beside the English border in south east Wales, she makes jams, chutneys and other preserves.
With other local food producers in the same precarious position, 25 of them decided that instead of shutting up shop, they would pool their resources and join together.