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Bloomberg — Mortgage applications for home purchases in the US increased for the fourth consecutive week, the largest streak of increases since March, helped by a further relaxation in borrowing costs. The Mortgage Bankers Association’s purchase application index rose 4.7% to a two-month high of 144.9 in the week ended Nov. 24. The contractual rate … Read more
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Bloomberg Línea — Although during the pandemic public social spending experienced record figures in the midst of the economic and social crisis, this injection of resources, which It is vital to finance education, housing, health policies, among other services.has been cutting back in Latin America. The central government’s social spending reached 11.5% of GDP in … Read more
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Bloomberg — A brief liquidity crisis shook China’s money markets earlier this week, illustrating how the country’s tightly managed financial system is under strain from a deluge of government debt sales. On Tuesday, interest rates on overnight interbank loans shot up to 50% in isolated transactions for non-bank institutions, worsening a usually mild end-of-month funding … Read more