More Pakistani traders are settling in the Tashikurgan Tajik autonomous county of Kashgar, Xinjiang Uygur autonomous region, to tap the strong business potential. Murad Shah, a Pakistani jeweler, said his gemstone store in the county has welcomed about 100 to 200 tourists a day after it resumed operations in April. Located on the Pamir Plateau, the county, with an area …
Put your hand up if you remember "the recession we had to have". According to Dudley, if the Fed wants to contain runaway prices — which at 8 per cent is a 40-year high — it is going to have to raise interest rates to a point that triggers a stock market rout and forces unemployment higher. On cue, St …
Federal Reserve Chairman Jerome H. Powell, speaking earlier this month. The pandemic continues to play a pretty significant role in what we’re seeing as the ebbs and flows of the labor market in general, but we’ve added over 6 million jobs this year. The second thing is that there is a competing story, and that’s inflation.” Shapiro notes that even …
