policy

A hidden factor impacting gold, and it ain, ’t CPI

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A hidden factor impacting gold, and it ain, ’t CPI

Gold prices are fluctuating as traders speculate on a potential rate cut by the Federal Reserve in September. Inflation data in the US is showing signs of improvement, impacting the Fed’s monetary policy decisions. Smart money is paying attention to the shift from a dollar-denominated trade system, with countries like China and Russia increasing their gold reserves to support their currencies. The price of gold is approaching all-time highs and is expected to continue its upward trend as long as it stays above the 50-day simple moving average.

Cyprus , ‘not alone’ over migration

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Cyprus , ‘not alone’ over migration

Fact: Greek Migration Minister Dimitris Kairidis said that Cyprus is “not alone” on the matter of migration and that Greece supports the initiatives put forward by Cyprus.

Hate breeds hate

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Hate breeds hate

A man who once advocated against violence shot the prime minister of his country because he disagreed with his views. The prime minister, Robert Fico, had fueled social divides and extremism in Slovakia, moving from left to far right. Despite accusations of corruption and forced resignation in 2018, Fico regained support during the pandemic by leading protests against pandemic measures and vaccines. His actions led to chaotic and violent demonstrations, ultimately resulting in an attempted assassination. This incident highlights the dangers of populist leaders who sow hatred and division in societies, emphasizing the need to uphold democracy.

Bank of England to cut rates in August but June a very close call

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Bank of England to cut rates in August but June a very close call

The Bank of England is expected to start bringing down interest rates in August, with a majority of economists predicting a rate cut next month.

Here’s what the economy could look like with a Biden or Trump presidency

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Here's what the economy could look like with a Biden or Trump presidency

The text discusses the potential impact of a Biden or Trump presidency on the US economy. The analysis covers eight major economic categories, including domestic manufacturing, higher education, healthcare, housing, labor, taxes, tariffs, and trade. Biden and Trump have different plans and approaches to these economic categories based on their past records as president and their campaign promises. Biden focuses on issues like lowering prescription drug costs, investing in the future, supporting workers and small businesses, and ensuring fair taxation. Trump, on the other hand, has proposed plans such as protecting American car manufacturers, imposing tariffs on foreign-made cars, and focusing on fossil fuels. The text also highlights the differences in their views on student loan debt, healthcare, housing costs, labor unions, taxes, tariffs, and trade policies.

After soft U.S. CPI, is Fed rate cut wishful thinking?

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After soft U.S. CPI, is Fed rate cut wishful thinking?

Fact: Federal Reserve chair Jay Powell indicated that officials are in no rush to cut borrowing costs.

Navigating the complexities of Cyprus tax: A comprehensive guide

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Navigating the complexities of Cyprus tax: A comprehensive guide

The Cypriot government encourages entrepreneurs to open new businesses in Cyprus, which has seen a steady increase in foreign attention in recent years, especially in the tourism and business sectors. Understanding the Cyprus tax authorities and income tax in Cyprus is essential before starting a business in the country.

‘, Rebuild Britain’: Labour sets out first steps for government

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‘, Rebuild Britain’: Labour sets out first steps for government

Keir Starmer, the leader of Britain’s opposition Labour party, outlined six priorities for his party if they win the upcoming national election.

Govt priority , ‘undoubtedly’ mental health

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Govt priority , ‘undoubtedly’ mental health

The government’s current priority is mental health. New initiatives to care for people dealing with mental health problems will be launched.

Tax Reform Offsets Shouldn’t Offset Economic Growth

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Tax Reform Offsets Shouldn’t Offset Economic Growth

The text discusses the importance of prioritizing permanence for pro-growth tax reforms and avoiding economically harmful payfors. It mentions that raising the corporate income tax rate is not a recommended option for fiscally responsible and pro-growth tax reform.