Reporters reported that After a representative bank of the Thai Bankers Association Had the opportunity to meet the Prime Minister. To exchange views on the current economic situation Household debt situation Including additional care and support to alleviate the suffering of vulnerable groups on April 23, 2024, leading to the announcement of interest reductions by Mr Phayong Sriwanit, President of the Bankers Association of Thailand, on April 25, 2024, indicating the need to issue additional relief measures for vulnerable customers. Meanwhile, the economy has not fully recovered and it is not thorough. By reducing interest rates for prime retail customers (MRR) by 0.25% for vulnerable customers. Individual customers and small and medium businesses for 6 months
Most recently, on April 26, 2024, Bangkok Bank Public Company Limited has piloted an announcement to reduce the interest rate for main retail customers (MRR) by 0.25% per annum, effective from April 29, 2024, for 6 months per first commercial bank to announce an interest rate reduction in accordance with the decision of the Bankers Association of Thailand.
Mr. Withai Rattanakorn, Director of the Government Savings Bank As chairman of the State Financial Institutions Association, he revealed that the association’s board meeting There was a joint decision to lower the interest rate by 0.25% to help retail customers and groups.
This 2 Euro Coin Is Worth A Fortune…
2024-04-24 09:10:11
Among all the euro coins, one is particularly popular.
It’s the dream of many people and some believe in it wholeheartedly. However, each time, disappointment is the order of the day. Euro coins convey a fantasy to many individuals, who believe they hold coins with (very) high value because of a detail. Problem: most of the time, only information on the internet was taken and hopes are quickly dashed by currency specialists, forced to bring customers to their senses. Their coins are not worth more than the value written on them. All, or almost.
According to several numismatists, there is only one euro coin with a very high value. When some say that the presence of an S in a star is a guarantee of rarity, others praise a typo to raise the stakes… But that is not the case. The professionals are categorical: if the piece is not sealed in a box, it cannot be worth several thousand euros.
The only real euro coin that has a colossal value is the 2 euro coin bearing the image of Grace Kelly. On the back side of this piece of copper,
US Inflation Rises Higher Than Expected, Complicating Federal…
US Inflation Remains High, Posing Challenges for the Federal Reserve
The recent report of US inflation rising to 2.7% in March has created challenges for the Federal Reserve to fulfill its plans of cutting interest rates this year. Despite expectations of a slight increase from 2.5% to 2.6% in February, the unexpected rise in inflation is due to an increase in petrol costs caused by rising oil prices due to tensions in the Middle East.
Inflation, now at its highest level since 2020, poses a significant challenge for policy-makers at the Fed and curtails hopes that borrowing costs will decrease this summer, which could further distance them from their target goal and hinder economic growth.
Potential Impacts on Job Market and November’s Presidential Election Campaign
The unexpected rise is also likely to create doubt among traders about any potential future rate cuts by the Fed given that mortgage and other borrowing costs are expected to remain high ahead of November’s presidential election campaign.
A potential negative feedback loop exists where cyclical stagnation may result with any further energy cost inflation impacting overall U.S economic growth with corresponding adverse effects seen within job markets later down the line;
TSMC Learned How To Create Monstrous Wafer-Sized Two-Stage…
2024-04-26 18:18:00
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04/26/2024 9:18 p.m.,
Mykola Khizhniak
TSMC introduced a new generation of System-On-Wafer (CoW-SoW) platform, which uses 3D layout technology. The basis of CoW-SoW is the InFO_SoW platform, introduced by the company in 2020, which enables the creation of logic processors on the scale of an entire 300mm silicon wafer. To date, only Tesla has adapted this technology. It is used in its supercomputer Dojo.
In the new CoW-SoW platform, TSMC will combine two packaging methods: InFO_SoW and System on Integrated Chips (SoIC). Using Chip-on-Wafer (CoW) technology, the method will place memory and/or logic directly on top of the system-on-wafer. The new CoW-SoW technology is expected to be ready for mass production by 2027.
“In the future, wafer-scale integration will allow our customers to integrate even more logic and memory components. SoW technology is no longer fiction. This is something we are already working on with our customers with the future perspective of using it in their existing products. We believe that advanced wafer-level integration technology will enable our customers to continue to increase the computing power of their AI systems or supercomputers.
The Noyer Missions Proposals To Initiate The Union…
Noting the failure of the pan-European individual retirement savings product (PEPP), launched in 2022, without ever really taking off, France is now advocating another method for mobilizing the savings of Europeans, in order to meet financing needs “massive” years to come. This is one of the proposals of the mission chaired by Christian Noyer, former governor of the Banque de France, from 2003 to 2015, mandated in January by the Minister of the Economy, Bruno Le Maire, and which delivered its conclusions , Thursday April 25.
The stakes are high, since financing the ecological transition, the digital transition and new needs linked, among others, to defense could mobilize nearly 1,000 billion additional euros each year, by 2030 , explains the mission. On April 18, the European Union (EU) therefore set itself the short-term objective of relaunching the implementation of a European savings product within the framework of a “savings union and investment”.
Rather than a unified product like the PEPP, handicapped by tax and tariff disparities between EU member countries, Mr. Noyer therefore suggests a common label “which member states could take advantage of”either by creating new savings products or by adapting certain existing products.
The New Investment Charter Attracts $15 Billion To…
The new investment charter in Morocco contributed to attracting investment projects worth 150 billion dirhams ($15 billion) one year after its adoption, which supports achieving its main goal of raising the share of private investment in the Kingdom from one third currently to two-thirds by 2035.
The new charter came into effect in March of last year, and stipulates the provision of financial grants that may reach 30% of the total amount of investment if certain conditions are met, including creating greater job opportunities, especially for women, and investing in value-added sectors, and outside cities. The big one. While the maximum financial support before the law was issued did not exceed 10% of the project value.
During the first year of the charter, the National Investment Committee approved, from March 1, 2023, until March 1, 2024, investment projects worth 150 billion dirhams, which are expected to provide 70,000 direct and indirect job opportunities, and most projects are expected to begin operation within three years on average.
The approved investment projects also benefited from total grants of approximately two billion dirhams. Industry was the largest sector that attracted investments under the new charter.
Within this sector,
In Pictures: Martinair Brings Lion That Roamed Through…
#pictures #Martinair #brings #lion #roamed #bombed #Ukraine #home
Vasylyna was kept as a pet in Ukraine. After the Russian invasion, the lion escaped and roamed the bombed streets of a village near the eastern Ukrainian city of Kharkiv before being captured.
This is how she eventually ended up at FELIDA, a shelter for big cats in Friesland run by the Vier Voeters foundation. That organization arranged for the animal to fly to South Africa, together with another lion that had been rescued from illegal private ownership in Montenegro.
Air France KLM Martinair Cargo has a lot of experience with the transport of large animals and flew them to Johannesburg on the night from Thursday to Friday with the PH-MPS, the only freight 747 in Martinair colors. From there they are taken to LIONSROCK Big Cat Sanctuary.
In LIONSROCK, Vasylyna and the other lion end up in a large reserve, where they can be safe for the rest of their lives.
Vasylyna during transport and arrival in Johannesburg.
WTI Oil Opened With A Drop To USD…
The price of Texas intermediate oil (WTI) It opened this Monday with a drop of 0.83%, to $82.45 a barrel.
At 9:01 local time (13:01 GMT), WTI futures contracts for delivery in May subtracted 69 cents from the close of the previous session.
Geopolitics once again sets the course for the crude oil market and the argument that seems to prevail is that the peak of tension ten days ago has already been overcome and all the actors involved are in favor of de-escalation.
Iran has ruled out further retaliation after the Israeli attack on Isfahanand his Foreign Minister, Hossein Amirabdollahianwas clear in his recent interview with NBC: “As long as there are no new adventures by Israel against our interests, we will not have new reactions on our part”said.
Last week, Texas crude oil lost 3% of its value, and Brent’s behavior was similar; However, so far this year, Texas has grown by 16%, according to the channel. CNBC. EFE (I)
#WTI #oil #opened #drop #USD
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Ford Is Relying On Cheap Electric Cars To…
Like Tesla, Ford also plans to build more affordable electric vehicles. Lukas Schulze/Getty Images
CEO Jim Farley spoke on a conference call about Ford’s plans to build a new line of affordable electric vehicles.
This came after Tesla also promised to accelerate its plans to build cheaper electric vehicles.
Automakers are scrambling to build more affordable electric vehicles as demand for electric vehicles has stalled.
This is a machine translation of an article from our US colleagues at Business Insider. It was automatically translated and checked by a real editor.
Ford has thrown down the gauntlet to Tesla by touting its upcoming range of cheap electric cars. Both companies are struggling with declining demand for electric vehicles. CEO Jim Farley confirmed in a conference call on Ford’s quarterly earnings that the company is working on new cheaper electric cars. Farley announced this after Elon Musk promised earlier this week to accelerate Tesla’s plans for affordable electric cars.
“We will increasingly rely on our new small, affordable platform being developed by our team on the West Coast,” Farley said. He told investors he believes Ford can build a profitable electric car priced between $25,000 and $30,000.