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"But there is no doubt this war will have fiscal implications that will depend on its intensity and duration," he said in published remarks. "However, with the appropriate budget adjustments, ones that I believe are manageable, there should be no major changes to our fundamental fiscal position." He noted that Israel entered this war with a very solid fiscal position - a debt-to-GDP ratio just below 60% and a budget deficit of around 1.5% of GDP with similar projections for 2024. The central bank, Yaron noted, was using a variety of policy tools to assure the continuing functioning of the markets. Yaron said Israel's forex reserves of some $200 billion "provides us with ample capacity to support the Israeli economy."

Persons: Amir Yaron, Yaron, Israel, Israel's, Steven Scheer, Ari Rabinovitch, Louise Heavens, Giles Elgood Organizations: Bank of Israel, Hamas, The Bank, Israel, Thomson Locations: Gaza, Israel

☆ Better policy could unlock growth in Latam - G30 think tank
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +3 min

The report's recommendations include getting the region's macroeconomic framework in shape, investing better in infrastructure, and strengthening political parties. The Group of 30's think tank working group on Latin America said the region suffers a "governance deficit" that will require "deep and ambitious" political reforms, including at the center of government and legislative power. Mexico and Brazil are treated individually, with the former locked in a "growth paradox" where decades of macroeconomic stability and a sophisticated manufacturing sector have not yielded economic growth. Reuters GraphicsThe working group agreed there is no one action that could unlock output across the region, as even the countries that have a strong macro setup are suffering stagnant growth. Andres Velasco, project director of the G30 Working Group on Latin America, said "the opportunities are obvious" for the region as Latam can provide the world with water, food and clean energy.

Persons: Leonardo Fernandez Viloria, Andres Velasco, we're, Rodrigo Campos, Chizu Organizations: REUTERS, America, Reuters, Thomson Locations: Caracas, Venezuela, Argentina, Ecuador, Chile, Colombia, Peru, Uruguay, Mexico, Brazil, America, West

REUTERS/Murad Sezer/IllustrationORLANDO, Florida, March 27 (Reuters) - The most extraordinary outcome of the March banking shock would be if the problem dissipated quickly. Many people hope the crisis of confidence infecting global banking this month can be repelled almost as quickly as it appeared. SAVINGS AND LOANS DEBACLEThe easy comparison for any banking or market turmoil is the GFC of 2007-08. But crises don't have to be equal to or worse than the world's most calamitous financial disaster in a century to be extremely damaging. But other banking crises follow the same playbook, even if their outcomes are not as extreme.

☆ Energy subsidies merely delay high inflation, ECB's Villeroy warns
▼ + stars: | 2022-10-15 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, Oct 15 (Reuters) - Europe's energy subsidies may reduce the current rate of inflation but only at the expense of future higher readings, potentially complicating the task of monetary policy, European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Saturday. "We should not be under the illusion that price caps reduce underlying inflation," Villeroy said in Washington on Saturday, addressing a meeting of the G30, a group of private and public financial officials. Register now for FREE unlimited access to Reuters.com Register"They may only help to reduce the risk of second round effects," he added. "Price caps, if temporary, only reduce current measured inflation at the expense of future measured inflation." Instead of broader spending increases which add to already high inflation pressures, governments should focus help on those in the greatest need of help, Villeroy argued.

☆ Kuroda says BOJ will keep easy policy to hit price goal sustainably
▼ + stars: | 2022-10-15 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, Oct 15 (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Saturday the central bank will maintain its ultra-loose monetary policy to ensure its 2% inflation target will be hit in a sustainable and stable manner. "Since Japan's headline inflation is likely to fall below 2% next fiscal year, the BOJ will continuing with monetary easing," Kuroda said in a G30 seminar. Register now for FREE unlimited access to Reuters.com RegisterReporting by Leika Kihara; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.

☆ Primul din lume! În Rusia, pe un BMW 520d G30 s-a montat un V12 twin-turbo
▼ + stars: | 2020-11-03 | by ( Sensmedia Srl | Ia Legătura Cu Autorul | ) tv8.md time to read: +1 min

În Federaţia Rusă a apărut pe drumurile publice un “Frankenstein”. Astfel este poreclit un BMW Seria 5 în caroserie G30 (prefacelift), care a suferit o intervenţie tehnică majoră pentru a putea produce peste 850 CP! Atelierul Ramon Performance l-a instalat sub capotă, alături de o cutie de viteze şi o suspensie care niciodată nu a fost oferită pe nicio generaţie Seria 5, nici chiar pe versiunile lor de performanţă M5! Citeşte continuarea şi vezi reportajul cu această maşină, pe AutoBlog.MDPentru a fi la curent cu cele mai importante știri te așteptăm pe Telegram . Pentru reportaje video și emisiuni ne găsești pe Youtube , pentru fotografii și stories vino pe Instagram , iar pe Tik Tok îți oferim o doză de amuzament

Organizations: G30, M5, Youtube, Instagram Locations: Federaţia Rusă

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