According to Director of Hanoi Tax Department Mai Son, budget collection in the first eight months of the year, excluding the rescheduled taxes and land use fees, amounted to more than 147 trillion VND (6.34 billion USD), accounting for 56.5 percent of the estimate and 89.4 percent of the same time last year. However, disbursement of public investment capital lagged behind progress as it only made up of 45.41 percent of the yearly plan. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 12
Bsc economics and business economics uva
Vladimir Putin and Angela Merkel: Through good times and bad 'We have to talk to each other' When Merkel arrived in Sochi in 2018, Putin welcomed her with a bouquet of flowers. An offer of peace? An act of gallantry? Sexism? The rationale didn't really matter in the big picture. Appearing alongside Putin, Merkel said dialogue needed to go on. "Even if there are grave differences of opinion on some issues, we have to talk to each other, because otherwise you just sink into silence." … [Read more...] about Germany is mulling economic sanctions against Russia. Do they actually work?
BENGALURU (Reuters) - The U.S. economic outlook has darkened in the past month amid renewed lockdowns in some states from surging coronavirus cases, according to economists in a Reuters poll who warned of a high risk the job recovery underway reverses by year-end. … [Read more...] about U.S. economic outlook darkens, job recovery risks reversing: Reuters poll
While the poll median for Q3 was the most optimistic since April, the Q4 consensus was cut for the third consecutive survey and there was no material change in the growth outlook next year, with growth seen slowing from 5.0% in the first quarter to 3.0% by Q4. … [Read more...] about U.S. economic recovery outlook steady even as Wall St touches record: Reuters Poll
A survey of Goldman Sachs small businesses conducted by Babson College found 88 percent of companies that received Payment Protection Program (PPP) loans exhausted funding. Failure on the part of Congress to enact another round of financial relief by the end of September would force 36 percent of businesses surveyed in a position to lay off employees or cut their wages. … [Read more...] about Failure to Pass Another Stimulus Bill Could Increase Unemployment in October, Small Business Survey Finds