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...Middle East....
...In 2021, Nguyen Thi Thanh Thuy jumped at an offer by Vietnam’s Saigon Joint Stock Commercial Bank (SCB) to invest in a new savings product offering high interest rates....
...“It’s both bad news is good news and good news is good news,” said Emre Akcakmak, portfolio consultant at East Capital, a specialist emerging markets fund manager....
...Gaza and the occupied West Bank....
...More Middle East news: The US is preparing to name the Houthis, the Iran-backed militant group in Yemen, as a specially designated global terrorist group, according to people familiar with the matter....
...Consumer confidence followed the drop in household spending power and so, despite both US and European households having sizeable pandemic-related savings, Europeans chose to hoard those savings....
...She used to be able to go to a hospital in the West Bank, but since the start of the war, she has been trapped in Gaza with no access to medication....
...The pair launched a project to train medical students to deliver life-saving first aid courses to ordinary citizens....
...House prices in Wales, Northern Ireland, the North West and the East Midlands have all grown by more than 40 per cent since 2016, ONS data shows....
...One reason is that Chinese investors appear to be saving for a rainy day....
...She’s the FT’s Middle East correspondent and she lives in Lebanon. She tells me that border agents searched Salameh’s bag and €15,000 is not exactly all they find....
...For Indonesia’s economy — the largest in south-east Asia — the global shift to producing electric vehicles has provided a strong tailwind....
...For Deutsche Bank analyst Adam Cochrane, Gulden is still casting a shadow over his successor....
...The UN’s Palestinian relief agency said yesterday it would likely run out of fuel this morning, used to power life-saving equipment in Gaza’s hospitals and operate its water system....
...Power, China Shenhua Energy, CSR Corporation, Great Wall Motor, Postal Savings Bank of China, SAIC Motor, Tsingtao Brewery and Yanzhou Coal Mining....
...But these usually provide something akin to the returns from cash savings but over a longer term than most savings bonds....
...“The return of cash is the biggest theme in asset management right now,” said Stephen Cohen, head of Europe, Middle East and Africa for BlackRock....
...of banks’ wealth management products....
...Pheu Thai has had to water down its original ambition of giving 10,000 baht to every Thai aged 16 and older, instead setting the monthly salary limit of 70,000 baht as well as a ceiling on bank savings of...
...There are record-breaking numbers of families in food poverty and children out of school, as people continue to be locked out of their savings....
...Plus, I strongly recommend you sign up here for the FT’s newest newsletter: Chris Giles on Central Banks....
...It is run by six universities — Bath, Bristol, Cardiff, Exeter, Southampton and Surrey — in south-west and south-east England....
...“And you can also score a political win by forcing banks to pass on higher savings rates.”...
...And the Savings & Loan crisis....
...Central banks: Last week’s monetary policy moves mark a shift away from strict inflation targeting, argues Mohamed El-Erian....
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