Tag: FED
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Increase Tobacco Tax for a Sustainable Pakistan
Tobacco taxation is one of the most effective ways to reduce smoking, improve public health, and generate revenue for national development. In Pakistan, tobacco-related diseases impose a massive economic and health burden. Reports from the Social Policy and Development Centre (SPDC) and the World Health Organization (WHO) reveal that strategic tax hikes can significantly reduce…
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Stocks Slip Before Fed Announcement
Stocks have slipped before the Fed announcement.
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Asian markets push higher as traders focus on recovery outlook
Asian markets advanced again Wednesday as investors ignored a stall in Wall Street’s rally
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Fiscal Support can Help US Business & Households Amid Downturn: Fed’s Chair
The Chair of the FED says that fiscal support can help US business and households amid the downturn.
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U.S Fed increases holdings of Treasury securities
WASHINGTON, Sep 27 (XINHUA/APP):Data from the U.S. Federal Reserve (Fed) showed on Thursday that the central bank has increased its holdings of U.S. Treasury securities. For the week ending Sept. 25, the average daily figure of Fed holdings of U.S. Treasury securities rose by 5,315 million U.S. dollars to 2,107,405 million dollars. The majority of…
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Cigarette manufacturer backs FED of Rs300 per kg
KARACHI 23rd june: The imposition of Rs300-per-kilogramme levy on tobacco processing at the factory level has been welcomed by the ciggerette manufacturing companies and has asked the government not to take the tax back under the influence of illegal cigarette manufacturers. “The tax under consideration will not be charged from farmers, but from the cigarette…