Sunday, 9 August 2020
Be Part of $55-B rescue package for MSMEs being pushed
The Department of Finance was agreeable to the proposed allocation of P140 billion for the Bayanihan To Recover bill to help the critically impacted MSMEs, but had strong reservation over the proposed P1.3 trillion stimulus package under the ARISE bill or the Accelerated Recovery and Investments Stimulus for the Economy.
Saturday, 8 August 2020
The 2021 Land Rover Defender V8 Look Better In Violet
While there is no way to verify that information yet, we do know that it will need all the help it can get to come to a standstill quicker, as it’s expected to tip the scales at well over 2 tons (4,400+ lbs). The V8 engine will make it the fastest production version Defender ever, and despite not being part of the more exclusive SVR family, it will probably rock the 5.0-liter supercharged lump.
Just About Everything Else Is Flying
You see, it’s not good enough for the Nasdaq to gain 2.5% for the week—and break a big round number in the process. Nor is it good enough that the Dow Jones Industrial Average rose 1005.16 points, or 3.8%, and the S&P 500 gained 2.5% to finish the week just 1% off its all-time high. There must be a reason for stocks going up, something that can explain why the market continues to be so strong given how bad the economy is.
The economy will need $5 to $12 trillion in help
The recession of 2020 is unlike any seen before. The damage is uneven, hitting poor neighborhoods and certain service industries hard while other areas are hardly touched.
Fed policy isn’t designed to help narrow industry sectors as monetary policy is expected to lift all boats by making borrowing easier.
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