Stocks bled lower last week despite upbeat economic readings and symptoms of risk appetite elsewhere One such symptom - Bitcoin has benefited from US corporations entering the cryptocurrency market Stock Trading vs Investing: Top Differences & How Tos Advertisement Corporations Embrace Crypto, Boosting Bitcoin Price - Stock Market Forecast
The Nasdaq 100, Dow Jones and S & P 500 bled lower last week despite upbeat economic readings in the form of retail sales and services data. Losses have seen the indices pull back from record levels, but volatility remains reasonable and symptoms of risk appetite simmer beneath the surface evidenced by corporations diving into Bitcoin headfirst. Breaking above $55,000 for the first time Friday, Bitcoin has benefited from a wave of corporate adoptions ranging from Tesla and Microstrategy to Mastercard and Morgan Stanley.
Rising fuel sales signal economic recovery
21 Feb 2021 - 11:48
By Sachin Kumar | The Peninsula
Doha: The economic recovery in Qatar continues to grow stronger. The sale of fuel (petrol and diesel) in the country has shown a consistent growth in the past quarters, showing acceleration in economic activity.
Retail fuel sales volume in Qatar have shown upward trend in the third quarter (July, August, September) and fourth quarter (October, November, December) of 2020.
Retail diesel sale was 192 MM liters during the second quarter of last year, which went up to 229 MM liters in the third quarter of 2020, showing a surge of around 19 percent, according to data from Qatar Fuel Company (Woqod). The share of Woqod in the petroleum retail market was about 85 percent at the end of last year.
Economic policy
February 21, 2021
Economic policy is four actions that governments take in the economic field: tax, government spending, interest rates and money supply. Our national debt is now growing at the rate of Rs18 billion a day. Our electricity sector now loses nearly Rs2 billion a day. Our State Owned Enterprises (SOEs) collectively end up losing Rs1.8 trillion a year. In the natural gas sector, unaccounted-for-gas now amounts to Rs1 billion a day. In the commodities sector, federal and provincial food departments have accumulated a debt of Rs753 billion. Public procurements by the federal and provincial governments stand at Rs7.5 trillion.
The rate of cargo carried on China s railways over the week-long Spring Festival holiday recorded high for the phase as economic activity progressively recovers.
Welcome To IANS Live - LatestNews - Extortion to cover up economic mismanagement: Sonia to PM on fuel hike ianslive.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ianslive.in Daily Mail and Mail on Sunday newspapers.