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MSNBCW Andrea July 3, 2024 - Vimarsana News

MSNBCW Andrea July 3, 2024

Arab leaders over the siege denying gaza water, food and fuel. Now staying in the region another day as the one possible escape for gazans is not open, despite promises. President biden canceled his scheduled trip to colorado to stay in d. C. , stay at the white house and oversee the crisis. The white house is in touch with iran through back channels, we are told, to hold off any expansion of the war or else. Future u. S. Aid for israel is on hold until the House Republican majority can unite behind a new speaker, with the current frontrunner facing obstacles to securing the gavel. Good day. I...

Central Bank Profits in National Accounts - Vimarsana News

Central Bank Profits in National Accounts

For macroeconomics, the government is divided into the central bank and the treasury. Positive profits recorded by the first are cancelled out as a negative item in the second. However, a debate has been generated by the transfer by the Reserve Bank of India of a record surplus to the coffers of the overnment. The issue is examined in a stock-flow-consistent model. A tension is found to reside in the pledging of profits for advances to banks on the one hand, and reducing the government budget deficit on the other. In the case of India, we conclude that central bank profits are intended to sub...

Source: epw.in