Business

The monetarists were right about inflation, but now they have a very different warning

Monetarists are suddenly the new superstars, and deservedly so. The score of the last 20 months is nul points for the hegemonic New Keynesian group-think: douze points for the forgotten quantity theory of money. The tiny fraternity of monetarists who track esoteric M1, M3, M4 “aggregates” warned in late 2020 that the money supply across …

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2022 is the year of all-inclusive travel, and here’s why

The hotel name Zoetry (in Zoetry Montego Bay Jamaica) has an umlaut mark over the letter “e.” For some travelers, all-inclusive hotels conjure up images of flavorless food served under a heat lamp in lush and vibrant destinations where guests never actually leave the resort grounds. Lower-tier liquor flows freely (the good stuff will cost …

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Arabian Travel Market 2022 opened its doors in Dubai

Arabian Travel Market (ATM) 2022 opened its doors for the 29th edition in Dubai. The Middle East’s largest travel and tourism exhibition brought together global decision-makers in the sector seeking out new growth horizons for the industry. This year, the event attracted 1500 exhibitors, representatives from 158 destinations and 20,000 attendees. The focus was on …

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Record wage growth sparks inflation fears as minister expresses ‘surprise’ at Bailey food warning

Andrew Bailey has raised ministers’ eyebrows for warning of “apocalyptic” food shortages as record wage growth raises fears that a dangerous inflationary spiral is taking hold in the economy. Brandon Lewis, the Northern Ireland Secretary, expressed “surprise” at the Bank of England Governor’s comments about rising costs caused by the war in Ukraine blocking exports …

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British telecoms giants accused of plotting to destroy Phones4U

Top executives at some of Britain’s biggest mobile phone networks brazenly plotted to destroy the high street chain Phones4U and boost their own profit margins, a court heard. Bosses at EE, Vodafone and O2 had “nakedly anti-competitive” conversations with each other as they schemed to remove Phones4U from the market, London’s High Court was told. …

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JetBlue launches hostile takeover bid for Spirit Airlines

LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC JetBlue Airways launched a hostile takeover bid of Spirit Airlines on Monday after that carrier rejected JetBlue’s $ 33 per share, all-cash offer earlier this month. JetBlue has said acquiring Spirit would give it access to a large …

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JetBlue launches hostile takeover for Spirit

New York CNN Business – JetBlue is going hostile in its effort to acquire Spirit (SAVE)the latest twist in an industry battle for the low-cost carrier. Spirit previously rejected a takeover offer from JetBlue (JBLU)favoring an earlier deal to merge with fellow budget airline Frontier. Now, JetBlue is appealing directly to Spirit’s shareholders, urging them …

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Africa: Strategies Towards Gorilla Conservation in Africa

Africa has got wildlife species that are nowhere else in the world, making conservation a more important topic. The tropical forests protect amazing apes some of which are very unique and rare to find, with the list topped by gorillas. Generally, gorillas are found in 11 countries on the continent with gorilla trekking being five …

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