-- China’s central bank is making the biggest medium-term liquidity injection since 2020, stepping up efforts to support the nation’s economic recovery and debt sales.The People’s Bank of China added a net 289 billion yuan into the financial system via a one-year policy loan on Monday, the most since Dec. 2020. It kept the interest rate unchanged at 2.5%, in line with expectations.
The move by PBOC comes as Beijing considers a new round of stimulus to help the economy meet the official annual growth target of around 5%. A 15-year-old aspiring journalist who had made Ron DeSantis squirm with his questioning was thrown out of a GOP event by police China has reached the end of its economic boom. What comes next should worry every American business — and the rest of the world.In the best traditions of the German automotive industry, it is precision-engineered to outclass the competition. Yet at 62 tons and 32ft long, the Leopard tank perhaps lacks the understated grace of an Audi or BMW.
A former Ukrainian presidential adviser has described Kyiv’s stalled counter-offensive as a “disaster” and accused Volodymyr Zelensky of making strategic mistakes.Has China squandered its golden opportunity to overtake the US? Here’s why one analyst is predicting this is its ‘last decade’ of power and prosperityOne man stands at the precipice of whether the conflict between Israel and Hamas could ignite a wider war this week: long-time Hizbollah leader Hassan Nasrallah.
Source: Loan Digest (loandigest.net)