A popular phrase that economists often borrow to describe inflation is from Milton Friedman: Substantial inflation is always and everywhere a monetary phenomenon. Prices have surged in the past few months in a manner a generation hasn’t witnessed, prompting central bankers worldwide to tighten monetary policy. Of course, India is among the few countries that…Continue Reading
Mumbai: Indonesia’s plan to limit palm oil exports that has driven prices to record highs is likely to make leading importer India shift to substitute soy and sunflower oils, potentially capping the market’s rally, industry officials and analysts said.India can also increase its palm oil shipments from Indonesia’s rival supplier Malaysia, but it is unlikely…Continue Reading
The government had been looking to ease those restrictions, which had been cited by companies as among reasons that they were hesitant to hire such help. Topics Japan | immigrants | blue collar jobs Reuters Last Updated at November 18, 2021 08:17 IST In a major shift for a country long closed to immigrants, Japan is looking to allow…Continue Reading