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Peru Approves $1.3 Billion Relief Package to Rescue Petroperu

(Bloomberg) -- The Peruvian government announced on Tuesday details of a relief package for Petroleos del Peru SA, resolving for now a liquidity crisis at its ailing state-owned oil firm. Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersNigeria Delivers Jumbo Rate Hike to Aid Its Battered NairaTreasuries Mixed Amid Another Flurry of

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Governor Healey defends "absolutely essential" tax cuts

After Gov. Maura Healey on Monday unveiled $375 million in mid-year spending cuts to balance the state budget, progressive groups painted the maneuver as a byproduct of a relief package that they feel was unnecessarily packed with benefits for wealthy Bay Staters.

Bay-state , Massachusetts , United-states , Boston , East-arlington , Charlie-baker , Deb-mccarthy , Doug-howgate , Zachary-donah , Max-page , Jim-braude , Massachusetts-teachers-association

China's embattled property industry will rebound in second half of 2024, says Zhang Yadong, chairman of developer Greentown

Zhang Yadong, chairman Hangzhou-based Greentown China, said an expected economic recovery and the release of pent-up housing demand would trigger a turnaround in the second half of next year.

China , Hong-kong , Hangzhou , Zhejiang , Shanghai , Beijing , New-york , United-states , Chinese , Wharf-holdings , China-evergrande-group

Florida Senate passes legislation to support Israel, expand hurricane relief and school choice eligibility

The Florida Senate passed a slate of legislation including the expansion of hurricane relief and resilience efforts due to Hurricane Idalia's impacts, and a resolution supporting the State of Israel.

Iran , Florida , United-states , Israel , Washington , Tampa , Big-bend , State-of-israel , Islamic-republic-of-iran , Israeli , Kathleen-passidomor-naples ,

Germany unveils huge electricity price relief for industry

Germany announced on Thursday a huge relief package including tax cuts on electricity for the manufacturing sector, in a bid to shore up an economy that many fear could end the year in recession.The International Monetary Fund has predicted that Germany will be the only major advanced economy to shrink this year.
hmn/sr/lth

Ukraine , Moscow , Moskva , Russia , Germany , Russian , German , Olaf-scholz , Peter-adrian , European-union , International-monetary-fund , Chancellor-olaf-scholz

Mumtaz Patel of Congress steps up relief work in flood-hit Ankleshwar

The recent flooding caused significant damage to several villages and residential areas along the coast in Ankleshwar taluka, prompting the district administration to provide relief.

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Texas property tax cuts are great, but we better make sure schools don't pay later

If the state drops tax rates, what happens when the economy goes sour? | Opinion

Texas , United-states , Texans , Legislature , Roperty-taxes , Exans , Ax-rates , Elief-package , Chool-taxes , Ax-relief , Chool-funding

Stimulus Check 2022: Who Could See Another Payment Worth $700 Before the Year Ends?

Many Americans have the chance to receive stimulus checks up to $700 where it's from states or from federal funds. Here's who could expect payments before the year ends!

Delaware , United-states , California , Washington , American , John-carney , Revenue-service , Youtube , Delaware-relief-rebate-program , Middle-class-tax-refund , Golden-state , Franchise-tax-board

New Stimulus Checks Approved: Up to $1,050 to Go to Eligible Californians

Just in time for the start of another fiscal year, California lawmakers passed the budget to disburse a new batch of stimulus checks. Gov. Gavin Newsom said this money would put food on the table and fill their gas tanks.

California , United-states , Oregon , Californians , America , American , Gavin-newsom , Gavin-newsom-gavinnewsom , American-automobile-association , Getty-images , Golden-state , Child-tax-credit-updates

More Details Are Released On How CA Inflation Checks Will Be Distributed

What do the payments look like based on income and how will the number of dependents play into the amount? Here is a breakdown the tiered system outlined in the state's inflation relief plan...

California , United-states , Gavin-newsom , Governor-gavin-newsom , Ayments , Elief-package , Nflation-relief-checks , Ualifications , Alifornia ,