Noticias de dinero

Economy seen growing faster

ECONOMIC growth will likely pick up this year due to higher infrastructure spending by both the government and the private sector, economists from the University of Asia (UA&P) and the Pacific and First Metro Investment Corp. (FMIC) said. First quarter growth, in particular, was forecast to hit 6.1 percent — up from 5.6 percent in

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Global

New Zealand’s glaciers shrinking faster, scientist warns

The country’s climate institute conducts a yearly aerial “snowline survey”, which helps to chart how much ice the glaciers have lost. New Zealand’s glaciers are shrinking as ice melts at an accelerating rate, a top government scientist warned Monday after concluding a monitoring expedition in the country’s Southern Alps. The country’s climate institute conducts a yearly aerial

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Noticias de dinero

Faster Growth and Interest Rates: Even Harder than You Think

The US Federal Reserve Eccles Building, 1937. Flickr. Writing in the Wall Street Journal, Mickey Levy opines that a stronger economy, fueled by productivity growth, might cause problems for the Federal Reserve. Levy, who is a member of the Shadow Open Market Committee, identifies the central bank’s difficult task: “adjust[ing] monetary policy to reflect the

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Deportes

Maswanganyi wants a faster Pirates start against Spurs

‘I think there are lots of games that are going to be tough for us,’ said the Bucs midfielder. After narrowly beating Polokwane City FC, Orlando Pirates midfielder Patrick Maswanganyi is happy the Buccaneers have something to work on heading into Wednesday’s DStv Premiership game at home to Cape Town Spurs. Maswanganyi reckons Pirates started

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Entretenimiento

Freak winds in the Atlantic jet stream push three passenger airplanes to supersonic speeds of over 800mph – faster than the speed of sound

Passengers on board three flights over the weekend were in for a wild ride, as freak winds pushed their flights to faster than the speed of sound.  Virgin Atlantic Airways flight 22, British Airways flight 292 and British Airways flight 216 reached speeds of over 800mph by travelling along the jet stream. For comparison, the typical cruising

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