Ireland's Economic Outlook: Growth Amidst External Risks
The Central Bank of Ireland has issued a detailed report forecasting robust growth for the nation's economy in the coming years, even as global economic uncertainties loom—particularly due to potential policy changes in the United States. In its latest findings, the Central Bank has projected that the Irish economy will expand significantly, driven by strong domestic demand and a strong labor market.
Continue readingIncoming ADB Chief Kanda Monitors US Policy Amid Trump’s Potential Return
As the incoming president of the Asian Development Bank (ADB), Masatsugu Asakawa has made it clear that he will be keeping a close watch on the changing political landscape in the United States. With the potential for Donald Trump to re-enter the political arena and run for president in the upcoming 2024 elections, Kanda is acutely aware of how US policy and leadership decisions could have significant ramifications for Asia's economic stability and development initiatives.
Continue readingConcerns Rise Over Potential US Policy Changes as BOK Survey Reveals Investor Trepidation
A recent survey conducted by the Bank of Korea (BOK) indicates growing unease among investors regarding possible shifts in US economic policy. This sentiment reflects a broader anxiety that could influence financial markets and global economic stability.
Continue readingIncreasing Repeat Payouts Strain U.S. Flood Insurance Program
Communities around the United States continue to face widespread flood-related disasters with increasing frequency, placing a growing burden on the NFIP. Research and reports have highlighted the alarming rise in so-called "repeat payouts"-instances in which the same properties claim insurance over and over due to repeated flooding. All these kinds of trends place an excessive financial burden on the already-pressed program subsidized by taxpayers.
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