Biden faces a key economic decision ahead of reelection

[ad_1] Powell laid out the “lengthy list” of responsibilities that Brainard has carried at the Fed beyond monetary policy. In a statement, he cited his vice chair’s “stewardship of financial stability and the payments system, strengthening the financial system both domestically and globally, and helping to manage the immense operationalContinue Reading

Tough times ahead for Pakistan as talks with IMF fails

[ad_1] Islamabad: Tough times are ahead for Pakistan as Islamabad and the International Monetary Fund (IMF) have failed to reach a staff-level agreement on a much-needed USD 1.1 billion bailout package aimed at preventing the country from going bankrupt. Analysts believe that the current economic crisis in Pakistan is aContinue Reading

Nepal bans rose import ahead of Valentine’s Day

[ad_1] Kathmandu: The Nepali government has banned the import of fresh roses from countries like India and China ahead of Valentine’s Day, according to a media report on Friday. The Plant Quarantine and Pesticide Management Centre under the Ministry of Agriculture in a notification on Thursday directed the subordinate borderContinue Reading