Baht Strengthens Against US Dollar: Factors Impacting Currency…

by drbyos

Kasikorn Research Center Last week it was reported that the baht had strengthened beyond the level of 37.00 baht per US dollar. After the results of the United States Federal Reserve (Fed) meeting and signals of intervention to stop the depreciation of the yen by the Japanese authorities.

The baht weakened earlier in the week, in line with most Asian currencies. Led by the yen, which weakened past the 160.00 level to hit the weakest level in 34 years at 160.17 yen per dollar. Amid continued pressure after the last round of the Bank of Japan (BOJ) meeting, however, the baht gradually recovered and strengthened in line with the yen’s sharp appreciation.

Meanwhile, the market is worried about signs of care for the Yen. After official information was revealed that the Japanese authorities intervened in the market this week to support the Yen. (By buying yen and selling dollars) after the Yen depreciated rapidly in the past.

In addition, the dollar has no support. After the results of the Fed meeting (30 April – 1 May), despite the decision to maintain interest rates at the original range of 5.25-5.50%, details of the process to delay reducing the balance sheet were published.

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Customer Satisfaction Survey 2023 Results: Urban Space And…

Infrastructure and energy section: An analysis of customer satisfaction 2023 results in top values ​​for urban space and waste management.

Every year, the Infrastructure & Energy division of Holding Graz randomly asks selected customers about their various offers. In 2023, an external opinion research institute surveyed a total of 915 people from Graz between the ages of 18 and 75 about the various services of the sector.

Graz remains clean: an overall grade of 2.0 as a long-standing constant

As in previous years, the citizens of Graz are very satisfied with the services provided by the “Urban Space” area. 76% of Graz residents are (very) satisfied with the services. With a school grade of 2.0, the “metropolitan area” can continue to maintain its overall good grade from previous years. Traffic areas, green spaces and playgrounds have the greatest impact on customer satisfaction with the urban space. Within these main drivers, the condition of the cycle tracks, the cleanliness of the parks and the equipment of the playgrounds are the points that those surveyed see that they can improve.

“I am happy that our performance was rated so well again this time.

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Major Airlines Back $8.5B Renovation Of OHare Airport

Airlines Support O’Hare International Airport⁤ Renovation

A significant development occurred as American ⁢Airlines ⁢and​ United ⁢Airlines‍ recently announced their backing for extensive renovations ‌at O’Hare International Airport. This support effectively paves the way for a ⁢major rebuilding project ⁣to move forward, following ​key revisions made by ​Chicago Mayor Brandon Johnson‌ to the construction schedule.

Terminal Area Project Approval

The‌ airport’s two largest carriers, American⁤ and United, have given their approval for the Terminal Area Project. This ‌decision ​came after the city proposed a change in ​the construction order for the new Global Terminal⁤ and‌ nearby satellite concourses, as reported by the Chicago Tribune. The‍ new ​terminal, set to replace Terminal 2, will now be expedited, while the construction of the ⁣satellite concourses​ will be delayed, marking a reversal from previous plans.

Statements from Airlines

Following​ the agreement, American Airlines issued⁢ a⁣ statement commending Mayor Johnson ‍for prioritizing the Global Terminal and essential elements of the Terminal Area Project. United Airlines also⁤ released a statement expressing satisfaction with the phasing plan that focuses on critical aspects of the program.

Political Intervention

Previously, both airlines ‍had concerns about escalating construction costs and the impact on the ​new⁤ terminal’s future.

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Pension Of 399.54 Euros For Debtors With Debts…

The Court, with its decision 593-4/2024, includes the debtors of the Funds who do not establish the right to retire, due to debts, in the same category as the uninsured elderly who are entitled to the OPECA welfare pension, the full amount of which amounts to 399 .54 euros for 2024.

According to the interpretation made by the SC in the relevant provision of Law 4093/2012, the condition “that they themselves do not receive or are not entitled to a pension from any social security institution”, which applies to the uninsured, in order to receive the allowance from the OPECA also covers persons who do not receive or are not entitled to a pension due to debts.

As stated in the decision, the condition for receiving a pension from uninsured seniors, which is that they do not receive or are not entitled to a pension from any social security institution, also applies when the interested parties are insured and cannot receive a pension from the institution them, due to the fact that they have debts from insurance contributions that exceed the minimum limit of debts set by law that are set off or withheld from the pension and which they are unable to pay.

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RELATIONS WITH DONORS

On the right track. This is the little that can be said about the negotiations of the Malagasy authorities with the International Monetary Fund, IMF. Optimism shared yesterday evening at the meeting room of the Ministry of Economy and Finance in Antaninarenina.

Not very talkative about the content of the discussions, Frédéric Lambert, head of mission of the IMF, nevertheless revealed a calendar deadline. “We hope to reach an Agreement by the end of June.”

But what Agreement is this? Rindra Hasimbelo Rabarinirinarison, Minister of Economy and Finance, provides clear and unequivocal details. “The government has chosen to abandon the Extended Credit Facility, ECF, in its current configuration. To renegotiate another with four pillars. Fiscal anchoring and public finances, good governance, the monetary pillar and inclusive growth for human development and human capital. Madagascar aspires to obtain the Resilience and Sustainability Facility, FRD, more conducive to our financial needs because it is aimed at countries most vulnerable to the effects of climate change and facing environmental challenges. However, to hope to have access to the FRD, the requesting country must, among other conditions, be under a sub-program with the IMF for at least 18 months. While the current FEC ends in July.”

She hopes to have it both ways.

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Many New Details About The Body On The…

In the case of the girl’s dead body ‘dried’ on the sofa in a Hanoi apartment building, the police found the phone but the sim card had been removed, and many belongings were cleaned up.

Talking to the press, the leader of the People’s Committee of Tay Mo ward (Nam Tu Liem district, Hanoi city) said that the body had been handed over to the family by the authorities to take care of the funeral.

The representative of the People’s Committee of Tay Mo ward also said that the key to discovering the case came from the girl’s family’s search for relatives. Hanoi City Police then and local authorities conducted a review and search.

Previously (April 26), through review, the authorities suspected that the person reported missing was in an apartment in an urban area in Tay Mo ward.

When entering the apartment, authorities found the body. Working with the building’s Management Board, the authorities determined that the apartment had been cut off from electricity, water and other services since the end of 2022, because no one paid the costs.

According to initial information, the body was identified as female,

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War Slows Down Famalico Giant

#War #slows #Famalicão #giant

The textile company Riopele, from Famalicão, has been experiencing difficulties in shipping time for containers from Asia due to the war between Israel and Hamas, which resulted in attacks on the Suez Canal, through which shipping traffic passes. in the Mediterranean.

The announcement was made by the company’s purchasing director, Paulo Oliveira, on ‘site‘ by Riopele. The official also adds that “the bad weather and maritime unrest that occurred during the first quarter of this year caused the closure of some maritime ports, which forced the diversion of some ships stopping in Sines to other seaports”.

In this way, he highlights, Riopele “started to live a new reality since containers from Asia started to take 60 days, instead of the usual 45 days”.

In 2027, the company marks its centenary, aiming to reach 100 million euros in turnover, a target that remains.

“Since we were unable to act directly on the maritime routes, what we did was inform our partners of all the procedures”, highlighted Paulo Oliveira, informing that the company gave priority to two maritime transport companies to speed up the processes.

Miguel Teles,

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IPhone 16 Series Mold Reveals Changes In MagSafe…

A few days ago, the prototype photos of the iPhone 16 series were published for the first time in the community, indirectly confirming the previous rumors that the four models of this year’s iPhone 16 series would have different sizes . Recently, another French website claimed to have received a mold of the iPhone 16 series, and said that there appear to be small but notable changes in the MagSafe charging cycle.

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Apple is expected to launch a new iPhone 16 series this fall and is expected to continue with the launch of the standard model iPhone 16, Plus, Pro and Pro Max series in the next two years. ‘ gone iPhone 16 Pro and iPhone 16 Pro Max will be launched. In addition, and iPhone 16 Pro Max 6.9-inch.

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▲ Image source:Apple Hub (X/ @theapplehub)

A number of prototype photos of the iPhone 16 series have also leaked on social platforms. In addition to seeing that the sizes of the four models are different, iPhone 16 and iPhone 16 Plus will use the main dual camera design.

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The Swine Plague Slows The Export Of Parma…

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In the end, swine fever really arrived in the heart of the Food Valley, and together with the disease came the first export stops of one of the most important Made in Italy PDOs, Parma Ham. Last week the carcass of an infected wild boar was found in Varano de’ Melegari, in the Parma hills, very close to Fornovo. As required by European regulations, the discovery led to the immediate expansion of the restricted areas. The result is that the new borders, published on Wednesday in the EU Official Journal, include for the first time some key production areas of Parma ham: Langhirano, Lesignano and Traversetolo have been placed in Zone 1, which provides exclusively for enhanced surveillance measures, while Collecchio, Sala Baganza and Felino ended up under Restriction Zone 2, which involves the blocking of exports to countries such as Canada, Japan, and for less seasoned products also to the United States.

For the Italian cured meats industry, this is a bitter pill to swallow, after for more than two years (the first case of swine fever in Italy dates back to 7 January 2022) entrepreneurs have been asking the institutions for decisive intervention to safeguard a supply chain which is worth ten billion euros at a national level.

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