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Reply A North Carolina couple has been sentenced in a scheme in which they admitted trafficking guns between Georgia and New Jersey. (Shutterstock) A convicted felon and his girlfriend have been sentenced for their roles in an illegal gun trafficking scheme in which weapons were smuggled into New Jersey from Georgia in an attempt to sell them, Acting U.S. Attorney Rachael A. Honig announced. Anthony Doyle, 30 of Fayetteville, North Carolina, was sentenced to three years, 10 months in prison with three years of supervised release after he previously pleaded guilty to an information charging him with conspiring to illegally traffic firearms and with being a felon in possession of a firearm. ....
RBA grows optimistic on recovery By Lachlan Maddock 04 May 2021
The RBA has upgraded its projections for Australia’s economic recovery as unemployment continues to fall sharply ahead of next week’s budget.
The RBA left rates on hold at their effective lower bound of 0.1 per cent but revised its outlook for Australian GDP growth to 4.75 per cent over 2021 and 3.5 per cent through 2022, with a pick-up in business investment and household spending expected to support much of the recovery.
“The economic recovery in Australia has been stronger than expected and is forecast to continue,” said RBA governor Philip Lowe. Advertisement ); googletag.cmd.push(function() { googletag.display( div-gpt-ad-1606778578862-0 ); }); ....
Swati Pandey 4 minute read Australia s central bank left its key rates at near zero for a fifth straight meeting on Tuesday and pledged to keep policy super loose for a prolonged period even as the economy recovers at a rapid pace from the COVID-19-led downturn. The Reserve Bank of Australia (RBA) reiterated its commitment to keep the cash rate at the record-low of 0.1% for as long as is needed to pull down unemployment and push inflation higher. The RBA s as-expected decision comes as it painted a rosy picture of the A$2 trillion ($1.55 trillion) economy, and upgraded the growth forecast to 4.75% over 2021, from its February forecast of 3.5%. ....