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Popular Reads

Popular discontent is justified. Authoritarianism is not the answer
Sugarcane farmers query House over sugar imports
Recentralization concerns in fiscal, education heighten
Govt under pressure as 3 million home drive hits cracks
Safeguarding Indonesia's AI future

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Popular Reads

Popular discontent is justified. Authoritarianism is not the answer
Sugarcane farmers query House over sugar imports
Recentralization concerns in fiscal, education heighten
Govt under pressure as 3 million home drive hits cracks
Safeguarding Indonesia's AI future

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stimulus-package

US, European stocks end at records on US stimulus, Brexit deal
Business 5 years ago

US, European stocks end at records on US stimulus, Brexit deal

All three major US stock indices finished at all-time highs, a feat reached earlier in the day by Germany's DAX index.
Trump signs pandemic aid and spending bill, averting government shutdown
Business 5 years ago

Trump signs pandemic aid and spending bill, averting government shutdown

Unemployment benefits being paid out to about 14 million people through pandemic programs lapsed on Saturday, but will be restarted now that Trump has signed the bill.
US Congress edges toward approval of $900 bn stimulus package
Business 5 years ago

US Congress edges toward approval of $900 bn stimulus package

The Senate was to take up the bill next and send it on to Trump, who must sign it for it to take effect.
US lawmakers reach deal on $900 bn stimulus package
World 5 years ago

US lawmakers reach deal on $900 bn stimulus package

The package includes aid for vaccine distribution and logistics, extra jobless benefits of $300 per week, and a new round of $600 stimulus checks -- half the amount provided in checks distributed in March under the CARES Act.
Japan's record $1 trln budget highlights COVID-19 challenge to growth, debt
Business 5 years ago

Japan's record $1 trln budget highlights COVID-19 challenge to growth, debt

Japan’s cabinet approved on Monday a record US$1.03 trillion budget draft for the next fiscal year starting in April 2021, the Ministry of Finance said, as the coronavirus and stimulus spending puts pressure on already dire public finances.
Congress nears US spending deal, Fed more upbeat on outlook
Business 5 years ago

Congress nears US spending deal, Fed more upbeat on outlook

The 17 members of the central bank's Federal Open Markets Committee (FOMC) also offered a slightly better forecast for growth and employment for the next two years.
Indonesia’s foreign debt rises to $413b in October
Business 5 years ago

Indonesia’s foreign debt rises to $413b in October

Indonesia’s external debt, which includes government and private-sector borrowings, increased 3.3 percent year-on-year (yoy) in October, lower than 3.8 percent yoy growth recorded in September.
Asian stocks dip as investors curb vaccine enthusiasm
Business 5 years ago

Asian stocks dip as investors curb vaccine enthusiasm

The lackluster start to the Asian day comes after the S&P 500 closed down 0.4 percent, the Nasdaq Composite gained 0.5 percent and the Dow Jones Industrial Average hit a record high but fell back 0.6 percent for the day.
Lawmakers push bipartisan US stimulus plan to break stubborn deadlock
Business 5 years ago

Lawmakers push bipartisan US stimulus plan to break stubborn deadlock

The proposal would follow up on the $2.2 trillion CARES Act rescue package passed in the COVID-19 pandemic's early days, which was credited with keeping the US economy from a more severe downturn.
Trump administration makes new $916 billion offer for COVID-19 aid
Business 5 years ago

Trump administration makes new $916 billion offer for COVID-19 aid

The Trump administration proposed a US$916 billion coronavirus relief package on Tuesday, after congressional Democrats shot down a suggestion for a pared-down plan from the Senate’s leading Republican, Majority Leader Mitch McConnell.

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