Business & Market
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Brazil’s Congress approves bill to privatize Eletrobras

A plan to privatize South America’s largest state-owned energy provider has been approved by Brazilian lawmakers. Critics warn that privatization will increase energy costs. The lower house of the Brazilian Congress passed legislation on Monday...

asia fdi

Asia defies pandemic, sees rise in FDI

The region was an exception in a year that saw foreign investments crash to greater depths than after the 2009 global financial crisis. The steep fall could have painful implications for Africa’s industrialization bid. Foreign...

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Vaccination and Rain: Reviving Indian auto industry

The pandemic-induced economic slowdown has hit India hard. Prospects for the vehicle sector hang on the monsoon season and a successful vaccination campaign. India’s automotive sector, which contributes 7.1% of India’s gross domestic product (GDP), has...

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Supersonic flights: Empty promises or the start of a new era?

Almost 20 years after Concorde ceased operations, supersonic air travel could soon be taking off again. A deal involving United Airlines and the startup Boom has got the aviation industry buzzing. United Airlines, one of...

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El Salvador wants to adopt Bitcoin as legal tender

El Salvador plans to recognize Bitcoin as legal tender, becoming the first nation in the world to do so. The cryptocurrency could make it easier for the many Salvadorans living abroad to send money back...

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The Dollar Snaps Back

The US dollar is enjoying broad, even if not large, gains today following yesterday’s recovery from three-year lows against sterling and four-year lows against the Canadian dollar.  The greenback is firmer against all the major...

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EU lawmakers back freezing China investment deal over sanctions spat

The European Parliament has said it will not approve a multi-billion-euro investment deal with China until Beijing lifts tit-for-tat sanctions. The EU and China approved the pact in December 2020, after seven years of negotiations....

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BIA: Analysis of the inputs received to implement BIA

In any process, analysis is critical because you generate a lot of data and all data is not actionable. The analysis of the data is where the action and the mitigation take place. How do...

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EastlyExpress: West Bengal, North East & the pandemic

Insights on Trade Relationship between India & its North East Neighbours with Pratim Ranjan Bose, Co-founder- Eastly Express | Researcher, Kolkata. Ezilarsan PKP: As Election has concluded in WestBengal, From your point of view, which...

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EU economy ‘on crutches’

Christine Lagarde has said Europe’s monetary authority plans to keep interest rates and coronavirus stimulus unchanged. She urged EU members to get their coronavirus recovery fund operational with haste. European Central Bank chief Christine Lagarde on Thursday said...

equities

US CPI to Surge, but is it All Base Effect?

The US raised $207 bln yesterday by selling bills and coupons with little fanfare.  The bid-cover on the three-year and 10-year sales were a little softer than at the last auctions. Today, the US will...

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IMF & Fed: Even if not everybody is well, everything else is!

The IMF’s latest quarterly outlook is impressively upbeat with expectations that the US and other advanced economies, always together with China, will come roaring back this year and into next. Successful near universal adult vaccination...