Tuesday, February 11

Tag: economy

Jurassic World Immersive Attraction Unveiled In Bangkok For Q2 2025
Entertainment

Jurassic World Immersive Attraction Unveiled In Bangkok For Q2 2025

A Jurassic World immersive attraction will open in Bangkok in the second quarter of this year, marking the franchise’s first stand-alone immersive attraction in Southeast Asia. Costing 1.2 billion Thai baht (approximately $35.7 million), the Jurassic World facility is a collaboration between NBCUniversal’s parks and attractions division Universal Destinations & Experiences, Thailand‘s Asset World Corp (AWC) and Singapore-headquartered immersive experiences firm Neon. Inspired by the Hollywood movie Jurassic World, the project is named “Jurassic World: The Experience.” “Jurassic World: The Experience” will span 4,000 square metres (around one acre), set to be located in Asiatique The Riverfront, an open-air mall on the banks of the Chao Phraya River. Watch o...
IMF: BoJ likely to raise interest rates again this year
Business

IMF: BoJ likely to raise interest rates again this year

Nada Choueiri, Deputy Director of the International Monetary Fund’s (IMF) Asia-Pacific Department and its mission chief for Japan, said on Friday that the “Bank of Japan (BoJ) is likely to raise interest rates again this year.” Additional quotes See them reaching levels deemed neutral to the economy by end-2027. See Japan's neutral interest rate in the band of 1-2%. Japan's economy likely to expand 1.1% this year as continued recovery in wage growth underpins domestic demand. Further BoJ rate hikes should be gradual, flexible to ensure pick-up in domestic demand. Risks to Japan's economic growth are skewed to the downside as heightened uncertainty geopolitical fragmentation weigh on global growth. Market reaction USD/JPY is holding mild gains near 151.50 following these comments,...
Turkey awards 800MW solar PV in latest auction
General

Turkey awards 800MW solar PV in latest auction

The size of the successful projects ranges between 40MW to 385MW. However, only two projects have a capacity higher than 100MW. These solar PV plants will be built across five provinces:  Konya, Karaman, Malatya, Van, Antalya and Kütahya. Projects in this tender were required to have a minimum of 75% domestic content for their solar modules, said Alparslan Bayraktar, Minister of Energy and Natural Resources, adding: “The panels to be used here will be panels produced in Turkey.” Awarded projects will have a 60-month period from the contract signing date during which they can sell power on the free market. After this period, when the PPA begins, the electricity will be sold to the transmission system at US$0.035/kWh. Regarding the purchase price guarantee, Bayraktar said: “When yo...
Chancellor backs strategies to improve Oxford-Cambridge development
Technology

Chancellor backs strategies to improve Oxford-Cambridge development

To develop a UK Silicon Valley in between Oxford and Cambridge, enhancing the area's tech abilities, needs more trains, more roadways and more homes By Cliff Saran, Managing Editor Released: 29 Jan 2025 14:45 Chancellor Rachel Reeves has actually revealed a series of procedures focused on increasing the so-called Oxford-Cambridge Arc as Europe's Silicon Valley. She stated Oxford and Cambridge provide big financial capacity for the country's development potential customers. According to research study from Public First for the Oxford-Cambridge Supercluster, Oxford, Cambridge and Milton Keynes integrated currently contribute ₤ 42bn to the UK economy. Public First kept ...
Here’s how tariffs on Canada, China and Mexico might affect U.S. customers
General

Here’s how tariffs on Canada, China and Mexico might affect U.S. customers

President Donald Trump has actually consistently talked about enforcing tariffs, both throughout the project and considering that taking workplace, and the very first tranche, on products from Canada, China and Mexico will work Feb. 1, the White House verified Friday.While there are still some unknowns, something is clear, economic experts stated: U.S. customers ought to brace for an unfavorable monetary effect.It's "difficult to discover positives" from tariffs, stated Mary Lovely, a senior fellow at the Peterson Institute for International Economics, whose research study concentrates on trade with China and international supply chains.Donald Trump at the White House on Jan. 31, 2025. Chip Somodevilla/ Getty ImagesTrump prepares to put 25% tariffs on Mexico and Canada, and a 10% task on C...
Greatest US trading allies brace for a ‘video game of chicken’ with Trump’s tariffs
General

Greatest US trading allies brace for a ‘video game of chicken’ with Trump’s tariffs

America's greatest trading partners are bracing for Donald Trump to enforce sweeping tariffs on their exports after the United States president duplicated his risk to strike Canada and Mexico with brand-new responsibilities.Authorities in Ottawa and Mexico City have actually prepared strategies to strike back versus Washington with tariffs of their own, raising the possibility of a destructive trade war. Organizations inside the United States and throughout the world have actually cautioned of prevalent disturbance if the Trump administration presses ahead.Trump consistently promised on the project path to utilize tariffs to restore the United States economy, overlooking numerous financial experts' issues that enforcing greater responsibilities on items from abroad would intensify inflatio...
Reeves: Heathrow 3rd runway is crucial to financial development
Business

Reeves: Heathrow 3rd runway is crucial to financial development

Rachel Reeves assured that a 3rd runway at Heathrow would fulfill the federal government's cliimate goals.As extensively anticipated, Reeves stated that a 3rd runway is severely required to support development which it would produce approximately 100,000 brand-new tasks. She likewise criticised previous federal governments for having stated they supported the 3rd runway while preventing doing anything about it. This revealed a "absence of severity" about the economy, she stated, and the federal government "can't duck the concern any longer". Reeves stated she is now welcoming propositions to be advanced this summer season. "We will then take forward a complete evaluation through the airport nationwide policy declaration," she stated. "This will make sure that the job is worth for cash a...
Pound Sterling Price News and Forecast: GBP/USD drops as Trump’s tariff risk enhances United States Dollar
Business

Pound Sterling Price News and Forecast: GBP/USD drops as Trump’s tariff risk enhances United States Dollar

GBP/USD drops as Trump's tariff risk enhances United States Dollar The Pound Sterling extended its losses versus the Greenback on Tuesday as United States President Donald Trump threatened to enforce tariffs on computer system chips and other markets. Danger hostility extended for the 2nd straight day, and the GBP/USD pulled back from weekly highs of 1.2523, trading at 1.2432, down 0.50%. Find out more ... Pound Sterling trades meticulously in spite of UK Starmer prepares for turn-around in economy The Pound Sterling (GBP) deals with pressure versus its significant peers in Tuesday's North American session. The British currency trades meticulously in spite of United Kingdom (UK) Prime Minister Keir Starmer's favorable commentary on the financial outlook in an interview with Bloom...
M-M-M EGGS!
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M-M-M EGGS!

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