Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 34 n° 316

Posts Tagged ‘central bank’

How inflation humbled America’s central bank

Posted by fidest press agency su martedì, 26 aprile 2022

Central banks are supposed to inspire confidence in the economy by keeping inflation low and stable. Yet America’s Federal Reserve has suffered a hair-raising loss of control. Consumer prices in March were 8.5% higher than a year before, and nearly a fifth of Americans say inflation is the country’s most important problem. It is also a global worry, as Vladimir Putin’s invasion of Ukraine has led to soaring food and energy prices. But Uncle Sam has been on a unique path, thanks to President Joe Biden’s excessive stimulus. As the White House hit the fiscal accelerator, the Fed should have applied the monetary brakes. Because it did not, it is now struggling to clear up a monumental mess. Its blunders partly reflect an insidious shift among central bankers worldwide. Many are dissatisfied with the staid work of managing the business cycle and wish to take on more glamorous tasks, from fighting climate change to minting digital currencies. Their loss of focus puts their hard-won credibility at risk. Zanny Minton Beddoes Editor-in-chief The Economist

Posted in Economia/Economy/finance/business/technology | Contrassegnato da tag: , | Leave a Comment »

Central Bank of Lesotho Gives Halo Green Light to Proceed With Acquisition of Bophelo

Posted by fidest press agency su giovedì, 16 luglio 2020

Toronto, Ontario Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) is pleased to announce that it has obtained regulatory approval from the Central Lesotho Bank (“CBL”) to proceed with its proposed acquisition (the “Transaction”) of Bophelo Bioscience & Wellness (Pty) Ltd (“Bophelo”). With approval from CBL in hand, Halo is moving towards closing the Transaction and this is expected to be completed prior to the end of July 2020. Located in Mafeteng in the Kingdom of Lesotho in southern Africa, Bophelo has the country’s largest licensed land area for cultivation of medicinal grade cannabis products. Bophelo currently leases a 5-hectare fully licensed greenhouse canopy and has conditional approval to expand to a total of 200 hectares of licensed outdoor canopy. Once fully implemented, the 200-hectare Bophelo site is expected to be one of the largest cannabis cultivations in the world.

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The Economist in edicola

Posted by fidest press agency su venerdì, 18 febbraio 2011

Questa settimana nella sezione Europe l’editoriale sul rinvio a giudizio di Silvio Berlusconi per concussione e prostituzione minorile: Berlusconi  the city of women – A judge’s decision to commit the prime minister for trial on sex charges will hang over Italian politics for months. Inoltre nella sezione Leader un altro editoriale su Mario Draghi e la sua possibile candidatura a presidente della BCE, svantaggiata anche dall’aggravarsi del caso Berlusconi: The Italian’s job – The next president of the world’s second – most – important central bank should be Mario Draghi.  Editor’s highlights   THE people of the Middle East have long despaired about the possibility of change. They have felt doomed: doomed to live under strongmen who have hoarded their wealth and beaten down dissent; doomed to have as an alternative only the Islamists who have imposed their harsh beliefs-and beaten down dissent. And the West has surrendered to this despair too, assuming that only the strongmen could hold back the extremists. This week we have a six-page briefing on the awakening in the Arab world. In our cover leader we argue that the time has come to end the grim symbiosis between the oppressor and the oppressed. The prize could be a family of new democracies: not Poland or the Czech Republic, but Turkey, perhaps, or IndonesiaAlso this week Barack Obama’s useless budget No worse than the Republican one, but still a recipe for a fiscal heart attackLa Tragicommedia Italiana Sad, old and not really that funny: Silvio Berlusconi goes on trialBarbarians at the gates of Brazil Private equity discovers a new marketThe bright side of black carbon It could be easier to deal with than carbon dioxideBeijing gets bigger and bigger The government feels under pressure from the new arrivals

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