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first_img Michelle Schriver Stagflation is U.S. economists’ biggest fear, SIFMA says Keywords Economic forecastsCompanies Deloitte & Touche LLP, International Monetary Fund Related news Facebook LinkedIn Twitter Share this article and your comments with peers on social media Global growth, already expected to be slow, was downgraded Wednesday by the International Monetary Fund (IMF).In its latest world economic outlook report, the IMF forecasted global growth to slow to 3.3% in 2019 from 3.6% the year before. In 2020, growth is expected to return to 3.6%. Economy lost 68,000 jobs in May The growth projections for 2019 and 2020 were marked down by 0.4 and 0.1 percentage points, respectively, since the IMF’s October outlook.While growth is expected to moderate in the near term, a projected pickup is forecast in the second half of 2019 because of a buildup of policy stimulus in China, recent improvements in global financial market sentiment, less drag on growth in the euro area and stabilizing conditions in emerging markets.The balance of risk remains to the downside, the IMF report said. For example, growth could weaken from an escalation in trade tensions or a sharp deterioration in market sentiment, which would “imply portfolio reallocations away from risk assets, wider spreads over safe haven securities, and generally tighter financial conditions, especially for vulnerable economies,” it said.Market sentiment could sour over such things as Brexit, persistently weak economic data and prolonged fiscal uncertainty, it said.For Canada, the IMF forecasted 2019 growth of 1.5%, half a percentage point lower than it projected in October.U.S. growth was downgraded 0.2 percentage point for 2019, to 2.3%. China’s 2019 growth was forecasted to be 6.3%, a 0.1 percentage point increase from October projections because of fiscal stimulus and reduced global trade tensions.An alternative economic outlook projected Canadian growth to be even lower.“Growth is unlikely to bounce back substantially in early 2019 as drag from residential investment and cautious households weighs on growth,” said the latest economic outlook report from Deloitte, released Tuesday.It projects the Canadian economy will grow by a “weak” 1.3% this year and a slightly better 1.5% in 2020, keeping the Bank of Canada on hold and the loonier weaker.The Bank of Canada’s forecasted figures from January put growth at 1.9% and 2.1%, respectively, for 2019 and 2020 (fourth quarter annualized). New projections will be released later this month with the central bank’s April monetary policy report.The Deloitte report said that modest growth leaves the Canadian economy more vulnerable to unexpected negative shocks, though Deloitte didn’t forecast a recession. Rather than be rattled by potential risk, it suggested companies “adapt, innovate and overcome.”For full details read the reports from Deloitte and the IMF. 42250157 - business investment opportunities on a global scale 123RF OECD raises outlook for Canadian economic growth this yearlast_img read more

first_img Chennaidaily wagersdry ration kitsHaridwarJalgaonJhajjarLegrand IndiaMagicbus FoundationMaharashtramigrant labourers News By EH News Bureau on June 3, 2020 Heartfulness group of organisations launches ‘Healthcare by Heartfulness’ COVID care app Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” 3550+ migrant labourers provided with dry ration kits for 14 days Related Posts Legrand India has initiated supporting migrant labourers through Magicbus Foundation and local authorities in Chennai, Maharashtra, Haridwar, Jhajjar and Jalgaon Legrand India has initiated supporting 3550+ migrant labourers by providing dry ration kits for 14 days to through Magicbus Foundation and local authorities in Chennai, Maharashtra, Haridwar, Jhajjar and Jalgaon. They have also been providing COVID-19 awareness of social distancing and sanitisation to migrant workers through MagicBus Foundation.With healthcare as focus, the company is providing PPE to doctors and medical staff in Tamil Nadu, Maharashtra, Delhi and Kerala to support frontline workers in their fight against COVID-19. Speaking on the COVID-19 support, Tony Berland, Managing Director and CEO, Group Legrand India said, “I feel proud to be a part of an organisation where people and community are the key focus area. As a socially responsible organisation, we at Legrand have always put health and safety at the forefront, be it for our employees or the society at large. We saw the evolving demand for basic necessity of the migrant labourers and daily wage worker welfare. We are working with State Governments across the country to bridge the disparity and deliver the need-of-hour to maximum possible extent.” Share The missing informal workers in India’s vaccine story MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” Menopause to become the next game-changer in global femtech solutions industry by 2025 WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals Add Comment Read Article Comments (0) Phoenix Business Consulting invests in telehealth platform Healphalast_img read more

first_imgGood Morning Friends. Journey AheadStarting this year 2021 I am in process of remaking myself. I want to be a calm, cool, delighted & joyful person. I want to be contended, mediocre & offer my sincere gratitude to God for what he has given me so far in my journey. I will cease responding to rumour mongers & criticizers. I want to be with my authentic relatives & companions who appreciate, share & be part of my accomplishments & success.The sphere of friends we surround ourselves with has a tremendous bearing on the way we think, the way we feel, the way we look at others, the way we look at ourselves, our present and the future depends on this?Our tomorrow will be constructed by the people who can counsel mentor and demonstrate the correct way for us. The one who walks with wise men will be wise, but the companions of fools will bring downfall. If the people around us are not respecting us, encouraging us & motivating us to grow then we are in the wrong place, we will have to shift ourselves to a different place from where we can grow further in our respective journey. What is the point in cultivating seed in a heap of garbage!!!last_img read more

first_imgEarlier this year, SRAM had a surprise announcement. After years under the Saris roof, the PowerTap brand had been acquired by SRAM. Rather than replacing or rebranding the products as Quarq, SRAM said that the new-to-them products would sit alongside current crank based power meter options.A few months later, the SRAM PowerTap products are now available for sale through stocking SRAM dealers. The G3 hub will be offered in 24, 28, and 32 hole options for $499 for the rear hub. The P2 pedals on the other hand will sell for $899 a set and include a set of 6° cleats and the required AAA lithium batteries. Both are available now (except the 28h hub) from stocking SRAM dealers or directly through the Quarq website below.quarq.comlast_img read more

first_imgGot North Fork news to share? Email to [email protected] by Thursday at noon.Mattituck-Laurel LibraryOn Thursday at 10 AM, the library offers a parent/child workshop for ages 18 to 36 months with a caregiver. Spend quality time with your child through play and art activities. Free, but registration is required. The group meets again on Thursday, April 26.On the same day, at 4 PM, fourth through sixth graders can attend the coding/programming robotics gathering “Ozobot It?” Free, but registration is required.Then, on Friday at 1:30 PM, the library will screen The Greatest Showman, rated PG. The film celebrates the birth of show business, and tells of a visionary who rose from nothing to create a spectacle that became a worldwide sensation. The event is free.On Wednesday, April 25 at 6 PM, moms can head out for “Mom’s Night Out” at the library and enjoy pottery making and refreshments. Participants will enjoy a fun, hands-on workshop while painting an eight-inch resin garden gnome in vibrant colors. Registration is required; entry is $10.seeds of learningThe Shelter Island Library is honoring the spirit of spring and sustainability with the reopening of its Shelter Island Seed Library and with a showing of Seed: The Untold Story.The seed library is a collaborative effort with the Sylvester Manor Educational Farm. Visitors can view the offerings and “borrow” seeds for free to plant in home and community gardens.Seed: The Untold Story reveals the harrowing and heartening story of passionate seed keepers as they wage a David and Goliath battle against chemical seed companies.Both events take place at the Shelter Island Library on Thursday. The seed library opens at 6:30 PM and the movie begins at 7.Mashomack Summer CampShelter Island’s Mashomack Preserve is offering a summer environmental education program. It’s all about hands-on fun in the outdoors, while learning about conservation and the environment.Participants will hike, wade in a salt marsh, paddle a canoe or kayak, play games, and have fun. Registration begins at 9 AM on April 23.The camp runs from Monday through Thursday from 9 AM to 2 PM. Three sessions are offered and include June 25 to 28, July 9 to 12, and August 13 to 16. Ages eight to 12 are welcome. The fee is $250 and 30 scholarships are being offered.For more information or to register, contact Cindy Belt at 631-749-4219 or by email at [email protected] Artists WantedThe East End Arts Council is in search of street painters and vendors to participate in the 22nd Annual Community Mosaic Street Painting Festival on Sunday, May 27 in downtown Riverhead.The Memorial Day Weekend tradition allows families and friends to enjoy the creative spirit together. The day-long celebration of the arts includes street painting, live music, theater, drumming, dance, art demonstration, performances, and a fine arts and crafts fair.World War I ExhibitThe Suffolk County Historical Society in Riverhead continues “Over Here, Over There: Long Island & the Great War,” an exhibit commemorating the centennial of America’s entry into the First World War. It is available for view in the Grand Staas Gallery until April 28.Still ongoing is the exhibit “Collective Identity: Photographs & Tintype Images Celebrating African and Native American Diversity in 19th-Century Eastville.” It will be on display at the society’sGish Gallery until May 23.“Spotlight Series: The Paintings. Highlights from the Permanent Collection” continues to be on view in the society’s Weathervane Gallery until June 16.Veterans Day Wedding DeadlineDo you know any service couples recently engaged? Brecknock Hall at Peconic Landing in Greenport is currently seeking applicants for the eighth annual “Veterans Day Wedding Giveback.”The community project provides one service couple with the wedding of their dreams at no cost, thanks to local businesses and area volunteers. The contest is open to current and veteran service members. At least one partner must have served or be serving in the U.S. Armed Forces. Applicants can visit http://www.brecknockhall.com/veterans-day-wedding-giveback/to enter. The application deadline is this Friday.The winning couple will be chosen by a panel of Peconic Landing’s veteran members who judge the contest based on the number of years served, special military honors, contributions to the community and each couple’s personal love story. Couples must be available for an interview in person, or via Skype to be considered for the giveback. Sharelast_img read more

first_img “Our philosophy at Bristol Bears is to ideally promote from within and develop our staff to become world-class in their fields. That’s the key thing about our vision, when personnel leave, the systems and structures that have been put in place means that the next person steps in to add value to the good work that’s being done.“Mul has all the ingredients to be an outstanding coach, as he has already shown in his efforts with the team defence. We have worked together for a long time and he’s a natural leader. The boys respect him and he knows our systems in great detail.“The entire management team are closely aligned in everything we do – we want to be the most dominant pack in the league and Mul can help deliver that ambition.” A former Irish international, Muldoon has quickly established himself as one of the most exciting young coaches in the Gallagher Premiership.He said: “Working with Pat and the management team has been a fantastic experience and I’ve learned so much since I arrived in Bristol.“It’s a truly unique culture that we have at the Bears and an environment that demands high performance, whether you’re a player, coach or member of staff. I’m excited about the opportunity to take on the forwards coach role next season – it’s a huge challenge.“When you have a Director of Rugby like Pat who believes in you and gives you the tools to succeed, it not only creates a positive atmosphere, but also provides absolute clarity about what is expected and the direction we are going as a club.“We have a young, hungry set of forwards and some genuinely world class players, so everything is in place for us to continue to show progress next season and beyond.” “The entire management team are closely aligned in everything we do – we want to be the most dominant pack in the league and Mul can help deliver that ambition.” Director of Rugby Pat Lamcenter_img The highly rated 36 year-old is appointed to the role following the departure of Jonathan Thomas to Worcester Warriors at the end of the season.Muldoon joined Bristol Bears in the summer of 2018 as defence coach, helping the club to a highest Premiership finish in twelve years.Director of Rugby Pat Lam said: “We’re delighted that Mul will be stepping up into the role of forwards coach. He’s excited about the opportunity to build on the excellent foundations that JT has put in place.last_img read more