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☆ The economy may be in better shape than you think...for now
▼ + stars: | 2022-10-23 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +7 min

The consensus forecast from economists surveyed by Reuters is that GDP grew at an annualized pace of 2.1% in the third quarter. (This will be the first estimate for third-quarter GDP, and there will be several revisions in the coming weeks.) That also means the Fed will likely continue to sharply raise interest rates to finally choke off inflation once and for all. Those rate hikes helped cause a so-called double-dip recession, where the economy suffered two downturns between 1980 and 1982. In other words, the much-hoped-for “soft landing” for the economy could turn out to be a pipe dream.

☆ Russian rouble firms towards 61 vs dollar
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +2 min

By 1302 GMT, the rouble was 0.9% stronger against the dollar at 61.17 and had gained 0.1% to trade at 60.35 versus the euro . The rouble is buttressed by a month-end tax period that usually sees export-focused firms convert foreign exchange revenues into roubles to pay domestic tax liabilities. Russian stock indexes were recovering some of the ground lost in the previous session. The rouble-based MOEX Russian index (.IMOEX) was 2.1% higher at 2,019.3 points. For Russian equities guide seeFor Russian treasury bonds seeRegister now for FREE unlimited access to Reuters.com RegisterReporting by Alexander Marrow Editing by Gareth Jones and Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.

☆ Russian rouble treads water near 62 vs dollar
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +2 min

At 0803 GMT, the rouble was 0.1% stronger against the dollar at 61.66 and was unchanged at 60.37 versus the euro . "We expect the moderate strengthening of the Russian currency to continue," said Alor Broker in a note. Register now for FREE unlimited access to Reuters.com RegisterThe rouble is buttressed by a month-end tax period that usually sees export-focused firms convert foreign exchange revenues into roubles to pay domestic tax liabilities. "Amid major uncertainty in Russia no clear trend is yet visible," said BCS Global Markets, expecting consolidation to continue. For Russian equities guide seeFor Russian treasury bonds seeRegister now for FREE unlimited access to Reuters.com RegisterReporting by Alexander Marrow Editing by Gareth JonesOur Standards: The Thomson Reuters Trust Principles.

☆ Russian rouble climbs to one-week high vs dollar as tax period begins
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: +2 min

By 0848 GMT, the rouble was 1.1% stronger against the dollar at 61.41 , hitting its strongest point since Oct. 10. It gained 0.6% to trade at 60.35 versus the euro and firmed 1.6% against the yuan to 8.47 , a near two-week high. Register now for FREE unlimited access to Reuters.com RegisterExport-focused firms usually convert foreign exchange revenues into roubles to pay domestic tax liabilities, which supports the Russian currency. "On the other hand, RTS should power higher on further rouble appreciation – typical for the end-of-the-month tax period." The rouble-based MOEX Russian index (.IMOEX) was 1.3% higher at 1,977.1 points.

☆ Rouble hits over 2-month high vs dollar, Russian stocks stutter
▼ + stars: | 2022-09-29 | by ( Alexander Marrow | ) www.reuters.com time to read: +4 min

By 1217 GMT, the rouble was 0.9% stronger against the dollar at 57.00 , earlier hitting 56.5450, its strongest point since July 22. "For now, the rouble is supported by fears that new sanctions from the West could paralyse dollar trading in Russia," said Alor Broker in a note. STOCKS RECOVERY STUTTERSBCS Global Markets said geopolitical risks should prohibit any major leg up for Russian stock indexes, which pared early gains. The rouble-based MOEX Russian index (.IMOEX) was 1.4% lower at 1,936.0 points, heading back towards February lows hit on Monday. "In the coming days, the Russian market should trade in a narrow band - investors are likely to sit on the fence hoping for more clarity," BCS said.

☆ From a Punjab village to 'RushTok': How a local police constable's hit song became a viral trend
▼ + stars: | 2022-09-16 | by ( Brahmjot Kaur | ) www.nbcnews.com time to read: +12 min

A viral dance trend on TikTok that’s caught on with everyone from “RushTok” pledges to Jimmy Fallon is based on an unexpected beat — the song “Kala Chashma,” which started in a small Punjab village and made its way to Bollywood. It’s followed by a turntable scratch and several components of contemporary sound effects used in Western music and electric dance music before the autotuned lyrics begin. “I knew if she was in our village, everyone would stop and admire her beauty.”Beaster-Jones said Shera’s inspiration for “Kala Chashma” is common for Punjabi songs. Sidharth Malhotra and Katrina Kaif in "Baar Baar Dekho." But the one thing we always had was ‘Kala Chashma,’” Zaria Parvez, an online content creator, said in a TikTok.

☆ College Football Playoff Fast Facts
▼ + stars: | 2014-08-14 | by ( Cnn Editorial Research | ) edition.cnn.com time to read: +5 min

January 9, 2023 - The College Football Playoff National Championship game is scheduled to be played at SoFi Stadium in Los Angeles. January 10, 2022 - The Georgia Bulldogs defeat the Alabama Crimson Tide 33-18 in the 2022 College Football Playoff National Championship game at Lucas Oil Stadium in Indianapolis. According to the College Football Playoff, compared to the BCS, the “format increases revenue for all conferences and independent institutions.”Revenue Distribution PoliciesThe College Football Playoff trophy, presented to the championship team, is handmade, stands 26.5 inches tall and is constructed from 24-karat gold, bronze and stainless steel. April 23, 2013 - The College Football Playoff is announced as the name of the new system to replace the BCS. January 12, 2015 - The Ohio State Buckeyes defeat the Oregon Ducks 42-20 to win the inaugural College Football Playoff Championship.

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