Government Measures to Ease Inflation Pain

22
2
Favorite

Government Measures to Ease Inflation Pain

Reuters2022-08-08

Pandemic-related disruption to global supply chains and the knock-on effects of Russia's war in Ukraine are combining to push prices of energy, commodities and basic items higher.Below is a list of ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（2）

themonkey
·2022-08-08
ok
Reply
Like
Report
png
·2022-08-08
Yup
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1102786238?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-08-08 19:42","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1102786238","market":"us","top_or_hot":-1,"title":"Government Measures to Ease Inflation Pain","media":"Reuters","content":"<div>\n<p>Pandemic-related disruption to global supply chains and the knock-on effects of Russia's war in Ukraine are combining to push prices of energy, commodities and basic items higher.Below is a list of ...</p>\n\n<a href=\"https://finance.yahoo.com/news/factbox-government-measures-ease-inflation-113531757.html\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Government Measures to Ease Inflation Pain</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGovernment Measures to Ease Inflation Pain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-08 19:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/factbox-government-measures-ease-inflation-113531757.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Pandemic-related disruption to global supply chains and the knock-on effects of Russia's war in Ukraine are combining to push prices of energy, commodities and basic items higher.Below is a list of ...</p>\n\n<a href=\"https://finance.yahoo.com/news/factbox-government-measures-ease-inflation-113531757.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://finance.yahoo.com/news/factbox-government-measures-ease-inflation-113531757.html","article_id":"1102786238","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1102786238","pubTimestamp":1659958967,"sourceInfo":null,"weMediaInfo":null,"summary":"Pandemic-related disruption to global supply chains and the knock-on effects of Russia's war in Ukra","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"政府纾缓通胀痛苦的措施","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"Pandemic-related disruption to global supply chains and the knock-on effects of Russia's war in Ukraine are combining to push prices of energy, commodities and basic items higher.Below is a list of some of the actions taken by governments aimed at offering relief to hard-hit consumers and companies:AMERICAS:* The U.S Senate on Sunday approved the \"Inflation Reduction Act of 2022\", a $430 billion plan which among other things lowers the cost of prescription drugs, raises some corporate taxes, and introduces consumer tax credit measures to encourage energy efficiency.* Brazil's President Jair Bolsonaro and lawmakers have been pressuring state-owned energy giant Petrobras to further cut petrol prices. The company in July twice announced separate price reductions cumulatively totalling 9%, bringing prices to their lowest levels since March.EUROPE:* Germany plans to introduce a gas price levy on all consumers from Oct. 1. The government in July announced 15-billion euro state bailout of Uniper, the country's largest importer of Russian gas. It had also introduced a tax cut on petrol and diesel, while slashing public transport costs.* France's parliament on Aug. 3 adopted a 20 billion euro inflation-relief package, lifting pensions and some welfare payments, and allowing companies to pay employees higher tax-free bonus payments, in a bid to boost household purchasing power.* Italy on Aug. 4 approved an aid package worth about 17 billion euros. The legislation aims to cut electricity and gas bills and adds to about 35 billion euros already spent since January to soften the impact of power, gas and petrol costs.* Poland in July introduced the so-called \"payment holidays\" relief scheme for individuals holding mortgages in Polish zlotys, allowing them to skip payments for eight months over a two-year period.ASIA:* India in May imposed restrictions on exports of food items including wheat and sugar, which account for nearly 40% of the consumer price index, and cut taxes on imports of edible oil.* Japan deployed a $103 billion relief package in April to cushion the economic blow from rising raw material costs, which consisted of subsidies to curb gasoline prices and cash payouts to low-income households with children. Prime Minister Fumio Kishida has signalled there may be additional steps if rises in living costs persist.MIDDLE EAST AND AFRICA:* Saudi Arabia and the United Arab Emirates in early July announced boosts to their spending on social welfare. The UAE doubled financial support to low-income Emirati families, while Saudi Arabia's King Salman ordered the allocation of 20 billion riyals ($5.32 billion).* Turkey in early July increased its minimum wage by about 30%, adding to the 50% rise seen at the end of last year.($1 = 3.7575 riyals)","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9904081031,"gmtCreate":1659959603626,"gmtModify":1703476376438,"author":{"id":"3573986430688942","authorId":"3573986430688942","name":"themonkey","avatar":"https://static.tigerbbs.com/573a67d390101884216129f5c49fe8a0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3573986430688942","authorIdStr":"3573986430688942"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904081031","repostId":1102786238,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9904089865,"gmtCreate":1659959323360,"gmtModify":1703476373768,"author":{"id":"3581504637056720","authorId":"3581504637056720","name":"png","avatar":"https://static.tigerbbs.com/44e954d581f3ae4d62de4c43d6dd1974","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":0,"idStr":"3581504637056720","authorIdStr":"3581504637056720"},"htmlText":"Yup","listText":"Yup","text":"Yup","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904089865","repostId":1102786238,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":22,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}