Page 96 - Bon News Today

(Bloomberg) -- Russia and Russian companies will be allowed to pay foreign creditors in rubles, according to a decree signed by President Vladimir Putin on Saturday, as a way to stave off defaults while capital controls remain in place.

China's goal to achieve around 5.5% economic growth this year is a challenging one, and will push the government to boost infrastructure investment, stimulate property demand and provide more monetary easing, economists say.

(Bloomberg) -- The Philippines’ credit rating is unlikely to be downgraded because the country’s debt, which has risen to 12 trillion pesos ($232 billion), remains manageable, central bank Governor Benjamin Diokno said.

Track latest updates and developments on the Russia-Ukraine war here.

China set an ambitious economic growth target for the year, putting the spotlight back on fiscal stimalus to counter risks of an ongoing property market slump and rising geopolitical tensions.

(Bloomberg) -- The Ukraine war’s impact on global supply chains could force India’s central bank to raise its inflation forecast, but may leave little scope for it to tighten monetary policy amid a deteriorating global growth outlook, according to economists.

(Bloomberg Opinion) -- Whenever oil prices shoot higher, there’s a debate among economists about whether it will spark faster inflation or act as a drag on economic growth. There’s no definitive answer because it all depends on the economic backdrop at the time when crude is rising.

(Bloomberg) -- Denmark will within months hold a referendum on joining the European Union’s defense pact as Russia’s war looks to push the Nordic country, often skeptical about its EU membership, closer to the bloc.

(Bloomberg) -- The Swiss National Bank is ready to intervene and address the rapidly strengthening franc but negative interest rates “remain necessary” for the time being, SNB Governing Board Member Andréa Maechler told Schweiz am Wochenende.

Fans at NRG were "Livin' La Vida Loca," on Friday, March 4. Puerto Rican star Ricky Martin made his debut performance at RodeoHouston to 56