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Top News In தலைகீழாக கீழ் தப்பிக்க விளையாட்டுகள் Today - Breaking & Trending Today

News in brief: Car flips on roof, fire at refinery

News in brief: Car flips on roof, fire at refinery
18 Feb, 2021 04:00 PM
2 minutes to read
People rush to help the elderly occupants of a car that flipped on its roof on Kiripaka Rd this morning. Photo / supplied
People rush to help the elderly occupants of a car that flipped on its roof on Kiripaka Rd this morning. Photo / supplied
Northern Advocate
A car flipped on its roof on Kiripaka Rd in Tikipunga yesterday. A motorist, who did not want to be named, said he heard a bang shortly before 10am and saw an upside down vehicle. A large number of people stopped to help an elderly man and woman in the vehicle. A St John spokeswoman said paramedics treated one patient in a moderate condition. ....

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Why economists keep getting policies wrong

Why economists keep getting policies wrong
19 Feb, 2021 04:28 AM
4 minutes to read
The growing debt load in the current climate is something we should be concerned about, writes Philip Stevens.
The growing debt load in the current climate is something we should be concerned about, writes Philip Stevens.
Financial Times
By: Philip Stephens
The other week I caught sight of a headline declaring that the IMF was warning against cuts in public spending and borrowing. The report stopped me in my tracks. After half a century or so
as keeper of the sacred flame of fiscal prudence, the IMF was telling policymakers in rich industrial nations they should not fret over huge build-ups of public debt during the Covid-19 crisis. John Maynard Keynes had been disinterred, and the world turned upside down. ....

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Farmers look at upside potential vs. downside risk

The WASDE report released a week and a half ago sent the grain markets into some fairly wild gyrations, with corn prices nosediving by 50 cents in just two days, ....

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US Dollar Rises, Gold Extends Drop After Surging US Retail Sales

Stellar US Retail Sales Suggests Upside Risks to GDP
USD and US Yields Extend Higher, Gold Drops Advertisement
US Retail Sales Surge, US Dollar Extends Higher
A sizeable beat on the latest retail sales data, which has also surpassed the high estimate. The retail control figure, which is important for GDP trackers, rose 6%, surpassing expectations of 0.8% and beating the high estimate of 4.3%. In turn, this will likely feedthrough into upward revisions for US GDP. The initial reaction has seen the USD extend gains across the board to hit fresh session highs with US yields also picking up, while gold remains on the backfoot as 1764 comes into focus. (Full analysis on gold here ). ....

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Stocks to buy, beat the market amid economic reopening: Raymond James

Fifty-eight percent of airlines and 89% of REITs covered by Raymond James still trade below their pre-covid enterprise value. ....

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