Tag: Year

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    #Lenovo #IdeaPad #Slim #Intel #Core #11th #Gen #39.62cm #FHD #Laptop #8GB256GB #SSDWin #11Office #Year #WarrantyAlexa #Builtin3 #Month #Game #PassGrey1.65Kg #82H801LGIN

  • Fed economists project recession this year, in potential blow to Biden

    Fed economists project recession this year, in potential blow to Biden

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    Their projection was for “a mild recession starting later this year, with a recovery over the subsequent two years,” according to the minutes, released Wednesday. That would spark a jump in unemployment. They estimated the economy would fully recover by 2025.

    The economic outlook is always difficult to foretell with any confidence, and staff members underscored their uncertainty at the meeting. If banks don’t pull back on lending as much as they expect, then the economy might not suffer as much. But if the financial system were to face even more stress, then the prognosis could be much worse.

    “Historical recessions related to financial market problems tend to be more severe and persistent than average recessions,” staff noted, according to the minutes.

    For their part, officials with an actual say in rate policy aren’t quite forecasting a recession. At the March meeting, their median projection was for the U.S. economy to grow 0.4 percent — a rate so slow that it could easily dip negative. Meanwhile, they expect unemployment to rise roughly a percentage point, conditions that would be consistent with an economic contraction.

    Fed officials expect the recent string of bank failures to lead cash to flow less freely through the economy as lenders are less willing to part with it, something Chair Jerome Powell has noted could act as essentially another rate hike.

    Central bank policymakers are considering whether another rate hike will be needed when they meet next in May, or if borrowing costs are high enough for now to bring inflation down over time.

    Members of the Fed’s rate-setting committee said in March “that it was too early to assess with confidence the magnitude of the effect of a credit tightening on economic activity and inflation, and that it was important to continue to closely monitor developments,” according to the minutes.

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    #Fed #economists #project #recession #year #potential #blow #Biden
    ( With inputs from : www.politico.com )

  • Japan’s population drops below 125 mn, down for 12th year

    Japan’s population drops below 125 mn, down for 12th year

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    Tokyo: The population of Japan dropped to 124.95 million in 2022, marking the 12th consecutive year of decline, latest government data revealed on Wednesday.

    As of October 1 last year, the total population including foreigners saw a decrease of 556,000, or 0.44 per cent from the previous year, according to the data released by the Ministry of Internal Affairs and Communications.

    The number of Japanese nationals, which came in at 12.2 million, plunged by 750,000, the decline of which has been expanding since 2011, Xinhua news agency reported citing the Ministry as saying.

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    The figure represented the largest comparable decline since data became available in 1950.

    In the latest count, the number of people under the age of 15 came to 14.5 million, making up for the lowest-ever 11.6 per cent of the population, while those aged 65 or over totaled about 36.23 million, slightly up from a year earlier to account for 29 per cent of the total.

    Of the total population, males accounted for 48.6 per cent with a fall for the 15th consecutive year, while the female population saw the 12th consecutive year of decline to account for 51.4 per cent.

    The population sex ratio, or the ratio of males to females in a population, was 94.7, with females outnumbering males by 3,431,000, the data showed.

    Japan’s total population fell below the previous year’s level for the first time in 2005, then peaked in 2008, and has declined for 12 consecutive years since 2011, the Ministry’s report said.

    With a declining birthrate and an aging population, a shrinking workforce and a greater financial burden on the medical and social security systems are posing challenges to the country.

    Prime Minister Fumio Kishida has on multiple occasions promised to focus on policies related to children this year, vowing to tackle the low birthrate through “unprecedented” steps.

    In the latest move to tackle the falling birthrate, the government put into operation a new administrative body Children and Families Agency to better serve the country’s child-related policies.

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    #Japans #population #drops #12th #year

    ( With inputs from www.siasat.com )

  • Karnataka: After row over Muslim-owned stalls last year, temple decides on no stalls

    Karnataka: After row over Muslim-owned stalls last year, temple decides on no stalls

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    Mangaluru: A temple in coastal Karnataka has barred vendors from setting up shops in the shrine area during the ongoing annual temple fair that got underway on April 5.

    The decision comes a year after a controversy had broken out when a banner was displayed outside Bappanadu Sri Durgaparameshwari Temple at Mulki in Mangaluru taluk asking the temple authorities not to allow Muslim vendors to set up stalls for the temple fair.

    Speaking about the management committee’s decision to prohibit the stalls from being put up for this year’s festivities, temple hereditary trustee N S Manohar Shetty on Sunday said the temple stands as a symbol of communal harmony and thousands of people from different faiths, including Muslims, revere the deity.

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    “We were pained by last year’s development. The committee decided not to have any stalls in the temple area for the ongoing temple fair. We want the fair to go in a harmonious manner and did not want any controversy,” he said.

    Shetty said vendors are free to erect stalls in the private property adjacent to the temple land if the owner agrees. A committee of volunteers is looking after the shops on the private land and a part of the money collected by the committee for allotment of shops is given to the temple, Shetty further said.

    He denied the charge made by some Muslim vendors that they were not allowed to erect stalls for the fair, while adding that the management committee members have made it clear that no vendor belonging to any faith will be permitted to open shops on the temple land.

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    #Karnataka #row #Muslimowned #stalls #year #temple #decides #stalls

    ( With inputs from www.siasat.com )

  • 18 Year Old Girl Hangs Self To Death

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    SRINAGAR: A teenage girl on Sunday allegedly committed suicide by hanging herself to death in Katra area of Reasi district on Sunday.

    A police officer said that the girl (18) hanged herself to death at her residence in Ramnagar of Udhampur.

    He said that she was rushed to CHC Katra where doctors declared her dead on arrival.

    Meanwhile, police have taken cognizance of the incident and initiated further investigation. (KS)

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    #Year #Girl #Hangs #Death

    ( With inputs from : kashmirlife.net )

  • Politics over Iftar: RLJD decides to stay away from parties this year

    Politics over Iftar: RLJD decides to stay away from parties this year

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    Patna: While the politics of Iftar continues in Bihar, Upendra Kushwaha-led Rashtriya Lok Janata Dal (RLJD) has decided not organise such an event this year.

    Kushwaha, while interacting with media persons in Patna said: “Going for an Iftar party is similar to sprinkling salt on the wounds that happened due to the communal violence during the Ram Navami processions in Sasaram and Bihar Sharif.”

    “The holy month of Ramzan is currently underway and people are organising Iftar parties. Some prominent people invited me for the Iftar parties. A number of members of my party also suggested that I organise an Iftar party. In view of the current situation in Sasaram and Bihar Sharif, I personally believe that instead of organising an event, we have to make it convenient for ‘Rozedars (Muslim people who do the fast during the month of Ramzan)’. At present, ointments are needed to fill wounds. Organising events could be viewed as sprinkling salt on the wounds,” Kushwaha said.

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    Earlier, the BJP distanced itself from Nitish Kumar’s Iftar party after Ram Navami violence. Chief Minister Nitish Kumar had invited every political party, including BJP, LJPR, RLJD and others, but the leaders of these three political parties stayed away.

    On Sunday, the RJD is organising an Iftar party at Rabri Devi’s residence. RJD also invited BJP leaders, Upendra Kushwaha and Chirag Paswan. BJP and Upendra Kushwaha decided not to go in the iftar party of RJD. As Chirag Paswan has close family relations with Lalu’s family, he will go for the Iftar party at Rabri Devi residence.

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    #Politics #Iftar #RLJD #decides #stay #parties #year

    ( With inputs from www.siasat.com )

  • 44,000 Drug Addicts Seek Treatment At SMHS Hospital Last Year

    44,000 Drug Addicts Seek Treatment At SMHS Hospital Last Year

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    SRINAGAR: Dr. Yasir Rather, the Incharge of the Drug De-addiction Centre at SMHS Hospital, reported that more than 44,000 individuals visited the hospital seeking treatment for drug addiction in 2022. Notably, all of these patients received free treatment at the hospital.

    “There is free treatment available for drug victims at the de-addiction centre of SMHS Hospital. There has been a considerable reduction in the number of drug victims visiting the hospital, which could be due to the stringent actions taken by the police and civil administration in Srinagar,” he said.

    According to a doctor at the de-addiction centre, the government has implemented a zero-tolerance policy against drug suppliers and traffickers, making drugs less available in the open market. He also mentioned that the SKIMS Bemina centre has provided treatment to over 1500 affected patients.

    As per police sources, 20 cases have been registered in Srinagar so far and 50 peddlers have been detained under the Public Safety Act for involvement in the narco trade. Furthermore, the police have recovered 13.42 grams of brown sugar, 684.33 grams of heroin, and 3.36 Kgs of charas, along with 4734 psychotropic tablets and 38 bottles from the peddlers in Srinagar. [KNT]

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    #Drug #Addicts #Seek #Treatment #SMHS #Hospital #Year

    ( With inputs from : kashmirlife.net )

  • School Edu Deptt likely to issue two types of textbooks from this year

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    Srinagar, Apr 08: School Education Department is likely to issue two types of textbooks for school students from this academic year.

    According to the news agency—Kashmir News Observer (KNO), Director of School Education Kashmir (DSEK), Tassaduq Hussain Mir has said, “We will be issuing two types of textbooks for school students in terms of paper quality.”

    Mir said, “One of the textbook which we provide free of cost to the students will have different type of paper quality while another type of textbooks which will be open to purchase from market will have different quality of paper.”

    The director said that it has been decided in view of ‘financial constrains’.

    “Most likely, this matter will be implemented from this academic year,” he said.

    Mir further said, “This matter has been taken up with the principal secretary, School Education Department and he has given a positive response to it.”

    The director said that the decision has been made in order to complete the government with pivate institutions—(KNO)

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    #School #Deptt #issue #types #textbooks #year

    ( With inputs from : roshankashmir.net )

  • Russian rouble falls to its lowest value for a year

    Russian rouble falls to its lowest value for a year

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    London: The Russian rouble has fallen to its lowest value for a year, since shortly after Russia invaded Ukraine, according to a media report.

    The currency slid to 82 roubles against the US dollar on the Moscow Stock Exchange (MOEX), BBC reported.

    Russia has been hit with massive economic sanctions since it began an offensive in Ukraine in February 2022. Earlier this year, Russia had said its economy shrank by 2.1 per cent, far less than the 15 per cent fall that had been predicted, BBC reported.

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    The rouble also slid by 2 per cent to 90.06 against the euro on Friday morning.

    Traders said the fall was linked to several factors, including lower oil prices in March cutting Russian revenue, and the sale of Western businesses in Russia in the wake of the invasion, BBC reported.

    The rouble’s value has not slumped to this level since April 2022, though it was even lower in the immediate aftermath of the invasion, when it fell to 113 roubles per US dollar. The currency stabilised in July to reach 50 roubles – but it has weakened again since then.

    President Vladimir Putin had insisted that the economy was standing strong against economic sanctions, but last week he admitted that the penalties could have a negative effect on Russia, BBC reported.

    Russia’s Finance Minister Anton Siluanov said the latest fall was linked to changes to imports and exports to the country.

    He added that the exchange rate fluctuated with “the conditions of changing foreign economic conditions”.

    Asked if people in the country should be concerned, he said the rouble is likely to strengthen thanks to the continued sales of Russian energy on the global market, BBC reported.

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    #Russian #rouble #falls #lowest #year

    ( With inputs from www.siasat.com )

  • 20 Year Old Drowns While Bathing

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    SRINAGAR: A 20-year-old GREF labourer died while bathing in a river in Poonch district, officials said.

    Identifying the deceased as one Imtiaz Ahmad son of Mohammad Hanief, a resident of Upper Surankote, the officials said that the person was brought out from the river in unconscious state and taken to a nearby hospital where he was declared as brought dead on arrival.

    Medical Officer, Dr Javid Ahmad, has also confirmed about the death of the person.

    A police official has in the meantime said that the body would be handed over to the family for last rites after medico-legal formalities. (GNS)

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    #Year #Drowns #Bathing

    ( With inputs from : kashmirlife.net )