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Raptors MoU meeting addresses protecting birds of prey

DUBAI / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment, witnessed the third meeting of signatories to the Raptors MoU (memorandum of understanding) for the conservation of migratory birds of prey in Africa and Eurasia. The meeting took place at the Sheraton Mall of the Emirates Hotel in Dubai. Under the theme “Working Together for the Conservation ...

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Philippine central bank keeps door open to more rate hike

BLOOMBERG  New Philippine central bank Governor Eli Remolona signalled that further monetary policy tightening is still on the table for the Southeast Asian country, and said it’s “premature” to talk about cutting the key rate. The Bangko Sentral ng Pilipinas remains on the “tightening side” as it monitors upside risks to inflation, including El Nino and wage hikes, Remolona said ...

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Fed open to another rate hike after expected increase in July

BLOOMBERG  Federal Reserve policymakers are primed to resume raising interest rates this month and remain open to a further increase later in the year. While officials were encouraged by a step-down in price pressures last month, they’re not inclined to pronounce an end to their battle to rein in inflation that has repeatedly surprised them with its persistence. Contributing to ...

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