The Organization for Economic Cooperation and Development (OECD) raised Korea’s economic growth rate forecast for this year from 2.2% to 2.6%. As real gross domestic product (GDP) shows ‘extraordinary growth’ in the first quarter of this year (January to March), it appears that international institutions, following global investment banks (IBs), are serious about adjust the growth rate upwards.
According to the Ministry of Strategy and Finance on the 2nd, the OECD predicted Korea’s growth rate this year at 2.6% in the economic forecast released on the same day. In February, growth of 2.2% was expected, but this was raised by 0.4 percentage points in three months. The OECD predicted that although Korea’s exports show good growth, domestic demand will also recover from the second half of the year (July to December).
Director of Presidential Policy Seong Tae-yoon said at a briefing on economic affairs that day, “This is a result that reflects favorable business conditions in major industries such as semiconductors and a better-than-expected recovery in domestic demand,” by adding, ” This year’s growth rate forecast of 2.6% is based on the top 20 countries (G20) with per capita income greater than $20,000 ) This is the highest figure among countries,” he said.
The Largest Costco In Mexico Will Be Located…
He Largest Costco in Mexico arrives this year in 2024 and so that you do not miss any details of its opening, We will tell you all the information and where it will be located.
The promise of a huge branch of the favorite store of Mexican shoppers is becoming a reality with big surprises that surround the project.
And as we know that the doubt surrounding the inauguration of the Largest Costco in Mexico dominates its clients, we tell you that they have already announced the site chosen for their location.
The largest Costco in Mexico? It will be located in a special region of the country (Michelle Rojas / SDPnoticias)
Likewise, in order for you to prepare your membership, we reveal the date in which the largest Costco in Mexico will open its doors to lovers of the shopping club.
The largest Costco in Mexico will be located in this place
Directors of the self-service store chain and the state government announced that The largest Costco in Mexico will be located on Senderos Boulevard in Torreón, Coahuila.
Likewise, they revealed that it is the largest branch in the country and Latin America because the construction aims to cover a space of around 70 thousand square meters.
Analyzing The Benefits And Drawbacks Of Teslas Supercharging…
Tesla’s Recent Layoffs in the Supercharging Division
Recently, Tesla made headlines by laying off 500 employees in its Supercharging division, a significant portion of the Supercharger team. The sudden decision sparked various speculations about Elon Musk’s motives behind this move. According to reports, the primary reason for the layoffs was a disagreement between Musk and Rebecca Tinucci, the head of the Supercharger division. Tinucci resisted Musk’s directive to retain only a few essential employees and let go of the rest, leading to her termination and the subsequent mass layoff. This incident raises questions about the company’s stance on dissent and freedom of expression within its ranks.
Reactions and Analysis
In response to the widespread confusion and debate surrounding the layoffs, Elon Musk offered the following insights:
While the decision to downsize the Supercharger team has been met with shock and concern, there are both positive and negative aspects to consider. Let’s delve into these aspects:
Negative Implications
One reader expressed concerns about the impact of the layoffs on Tesla’s Supercharger network, stating that hindering its growth could jeopardize Tesla’s competitive edge in the electric vehicle market. The Supercharger network has historically played a crucial role in driving sales due to its reliability and convenience.
How The 15% Bonus Will Be Given To…
Yesterday (29.4.2024) the cabinet gave the green light to the general framework for the implementation of the new productivity bonus system throughout the State.
The productivity bonus in the public sector will be inextricably linked to the target setting and evaluation system for civil servants, according to the plan of the Minister of the Interior, Nikis Kerameos.
At the beginning of each year, the targets eligible for reward will be determined from the set of targets that have been set as well as the responsible organizational units for their implementation and specific performance measurement indicators (key performance indicators – KPIs) for each target.
After the year is completed, the reward amount corresponding to each body will be calculated according to the number of goals achieved.
The eligible employees who worked to achieve the goals will then be determined by their Supervisors. 40% of the available reward amount will be distributed equally to these employees while 60% will be distributed by decision of the Head in a non-horizontal way but in relation to the offer of each employee.
In this way, the role of the Heads is upgraded, who are given resources in order to evolve into essential managers of their organic units,
TAX RELIEF Dialogue Between The Tax Authorities And…
Find a happy medium. This is what is at stake in the series of meetings started since the beginning of April between the private sector and the tax administration. The last meeting between the two sides was held on Monday. According to the Groupement des Entreprises de Madagascar (GEM), several current topics were discussed during these meetings, in particular the question of tax adjustment. In particular, the recent wave of Third Party Notices (ATD) issued by the tax authorities against several local companies.
Indeed, recently, nine companies came into the crosshairs of the tax administration, ordered to pay their tax arrears. These companies have already made their tax declarations but have not yet fulfilled their obligations, according to the General Tax Directorate. According to this tax administration, Monday’s meeting was an opportunity to discuss solutions to find a “golden mean” within a legal framework for these situations. There is also the theme of tax control, carried out regularly by the DGI, but also that of forced recovery or even recourse to the Council of State.
Can the private sector hope for a favorable outcome to this situation? Time will tell. Currently, it is time for dialogue for the parties involved.
Nikos Pappas / After Bringing Us Last In…
The transfer of the “red” loans to the funds and the sale of the public bank shares are “investments” for the Mitsotakis government
“Investments for Mr. Mitsotakis and Mr. Hatzidakis is transport of of “red” loans to the funds and the sale of the public bank shares”, emphasizes the head of Finance and Economy of K.O. of SYRIZA – Progressive Alliance, Nikos Pappas.
He notes that “after they brought us last ones in European Union in investmentslooking to detach from the 4% and go to 15%”.
“THE better answer and investment of the people comes to June 9“, emphasizes N. Pappas regarding the day of the event European elections.
Nikos Pappas: After bringing us last in the EU in investments, they are looking to break away from 4% pic.twitter.com/zQta8HyShh
— AVGI (@AvgiOnline) April 29, 2024
As they say sources of SYRIZA – PSthe investments mainly concern red loan markets and real estate. Almost 1 in 2 euros that flowed into the country last year was directed towards the real estate market.
From Koumoundourou they emphasize that the Hellas is last in the E.U. in investments as a percentage of GDP with 13.9% and they add that the government of N.D.
CTT Profits Fall 53.9% To 7.4 Million Euros…
#CTT #profits #fall #million #euros #March #Telecommunications
Operating revenues grew 9% to 263.5 million euros in the first quarter, driven by Expresso and Parcels, Banco CTT and Correio and Others.
Os CTT – Correios de Portugal closed the first quarter with profits of 7.4 million euros, representing a drop of 53.9%or 8.7 million euros less, compared to the same period last year.
In a statement sent this Wednesday to the Securities Market Commission (CMVM), the company led by João Bento informs, however, that operating income increased by 9% ((or 21.7 million euros) to 263.5 million euros compared to the first three months of last year.
The rise was driven by express and parcels, Banco CTT and mail and others. The segments of financial services and retail recorded a negative variation attributed to the “extraordinarily high level of public debt placement” between January and March 2023. By parts: the express and parcels segment grew 56.8% to 101.4 million euros, “reflecting strong growth in
traffic both in Spain (+120.9%) and in Portugal (+12.4%),
Senegal Teachers Union Leader Calls For Action On…
The day after the celebration of May 1, celebrating the traditional ceremony of presenting the complaint records of the trade union centers to the President of the Republic, the general secretary of the coordination of social forces, also the general secretary of the coordination of teachers. of Senegal, Moussa Diène, to comment on the expectations of the people, especially in the education sector.
“The President of the Republic has inherited a heavy social responsibility… Agreements have been signed with the outgoing team but have not yet been implemented. What we are saying is asking for a reinstatement that we raised in front of the president without telling him again, that there is no need to be there anymore. Demands for compensation are the contracts signed that are not respected, the promises made but not honored What we want is something concrete, something visible, something visible,” said Mr. Diène, after their speech – face to face with the head of state.
According to him, “the intentions are good, but they are not enough. What the workers expect from this new regime is that we move quickly and better in terms of workers’ concerns than this country … today there are companies that are in trouble,
Vertical AI: AI Startups Can Now Transform These…
The investor Hauke Hansen knows the industries that are now being transformed by artificial intelligence Getty Images / jia yu / PeopleImages / Westend61 / koiguo; Hauke Hansen
A contribution from Dr. Hauke Hansen. The long-standing manager is a multiple founder and specializes in investments in artificial intelligence. For this purpose, among other things, he co-founded the AI.Fund.
Generative AI is on the rise. But what comes next? Vertical AI! These LLMs (large language models) are adapted to the problems of specific industries and industry segments and increase value creation and productivity in their segment by a factor of two to five. They will change industries as radically as the Internet did in the 1990s. Here you can find out everything you need to know about it. And how you benefit from it.
This is why vertical AI is becoming relevant right now