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(Bloomberg) -- Mexico, Chile and Peru are all expected to hold their key interest rates near or at all-time lows in a bid to support their economies even as inflation spikes and political instability grows in Latin America.Every economist polled by Bloomberg expects central banks from those three countries to hold rates in separate decisions on Thursday -- a stark contrast with Brazil, where policy makers have already delivered two hikes of 75-basis points since March and promised a third one of the same size for June.“Most central banks across the region might remain cautiously on hold...

The American Rescue Plan Act of 2021 (the “ ARPA”), which President Biden is expected to sign, provides additional funding relief to sponsors of single-employer defined benefit pension plans. Valuation of Plan Benefit Obligations A plan’s goal is to have sufficient assets to equal the present value of all benefits accrued or earned under the plan.  If the present value of those benefit obligations is greater than the value of plan assets, then the plan is underfunded and the employer may be required to make a minimum required contribution to help further fund the plan. Determining the ...

Thursday, March 11, 2021 The American Rescue Plan Act of 2021 (the “ ARPA”), which President Biden is expected to sign, provides additional funding relief to sponsors of single-employer defined benefit pension plans. Valuation of Plan Benefit Obligations A plan’s goal is to have sufficient assets to equal the present value of all benefits accrued or earned under the plan.  If the present value of those benefit obligations is greater than the value of plan assets, then the plan is underfunded and the employer may be required to make a minimum required contribution to help furt...

The report also notes that full gender equality globally can increase the world GDP by up to USD 28 trillion by 2025 and the loss of human capital wealth due to gender inequality alone is estimated at USD 160.2 trillion.