Stay updated with breaking news from Policy errors. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Dame diana johnson, labour mp and chair of the home affairs select committee, thank you. sri lanka is no longer a bankrupt nation, that s what the president had to say after securing a $3 billion bailout from the international monetary fund after nearly one year of negotiations. the financial aid will help boost the country s reserves as they face the worst economic crisis since independence. russia s invasion of ukraine and soaring inflation has exacerbated years of government mismanagement and policy errors. now there is a lifeline, but with conditions. let s get more on this with our india business correspondentjoining us live from colombo. what are those conditions? the biggest condition is that the government boost their revenue collection mechanism, which means the revenues for the government has to be boosted so there are enough reserves for the government to import essentials. hence these ....
There are $10 trillion of deposits in american banking system. is that what they re promising they re going to 100% insure $10 trillion in deposits? that s a bridge too far. i m worried what they ve done there and also very unfair. this is in the end a consequence of the policy errors that gave us inflation, forced the fed to raise rates. there are going to be other people who are hurt by that fallout. there are going to be carpenters and there s going to be small businesses and they re going to close and lose their jobs. we stepped in and helped their venture capitalists. i don t like it a bit. this is the same argument made in the last year. let me turn to you what we can now expect to see the fed to do. is it they need anymore crises on their plate, last week at this time we were talking about a 50 basis point interest rate hike. we got a, you know, mixed cpi report this number, the core cpi ....
By economists and the markets. and if your fed is not credible, you risk de-anchoring inflation, you risk having another driver for inflation. so it s critical to do what other governments have conthat, the european central bank has done that, to say, look, we committed policy errors, this is why we made the mistake and this is how we are better now as forecasting inflation. without that, it s going to be very hard to limit the damage to the real economy and to inequality. mohammed al-arian, thank you so much. the gunman behind a deadly shooting in an oregon grocery store may have been planning additional attacks including one at a high school. police are learning now from his online posts. asked my wife and d plan member, to back me up. ....
Anything else than people say we get kamala harris is worse. it depends which one. she was great before smart and funny and fantastic company the person who would get along consider the policy errors i have worked on ten downing street at that time she was californians attorney general of san francisco district attorney introduced a controversial policy to fight truancy by threatening to prosecute parents to persistently refused to make parents you refuse to make the kids go to school. it s about an education is tantamount to a crime so i decided i would start prosecuting parents for children see. we recognized that with that initiative as a prosecutor and law enforcement have a huge ....
Anything else than people say we get kamala harris is worse. it depends which one. she was great before smart and funny and fantastic company the person who would get along consider the policy errors i have worked on ten downing street at that time she was californians attorney general of san francisco district attorney introduced a controversial policy to fight truancy by threatening to prosecute parents to persistently refused to make parents you refuse to make the kids go to school. it s about an education is tantamount to a crime so i decided i would start prosecuting parents for children see. we recognized that with that initiative as a prosecutor and law enforcement have a huge ....