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(Bloomberg) -- Former New York Jets wide receiver Josh Bellamy was sentenced to 37 months in prison for fraudulently obtaining more than $1.2 million in U.S. pandemic relief funds and using it to buy jewelry and stay at a hotel-casino. Bellamy, a nine-year NFL player who also spent five seasons with the Chicago Bears, was released by the Jets last year shortly before he was charged in the loan scam. [Extracted from the article]

The value of PC Optimum points At Loblaw grocery stores and Shoppers Drug Mart, PCOptimum points must be redeemed in 10,000-pointincrements, and 10,000 points have a value of $10. Spend If you frequently shop at Loblaw-affiliated stores,the right PC Financial Mastercard or a PC Money Accountcan help you earn serious PC Optimum points Compare options nowTap the button for details. * Compared to a PC Financial Mastercard, there's a jump of10 points per $1 spent on Shoppers Drug Mart purchases(from 25 points to 35 points). [Extracted from the article]

Read More: Interest Rates Aren't the Only Weapon in Global Inflation Fight Whatever the fiscal outlook, none of the main economies in Latin America are likely to reach their inflation target this year. (Bloomberg) -- Inflation shocks are spreading pain around the world, but nowhere is it as bad as Latin America. [Extracted from the article]

PTA Chairman Major General (R) Amir AzeemBajwa informed the committee that blocking the SIMs involved in frauds is a little plenty to the elements looting the people, so in order to cause them financial damage, the Authority has blocked about 86,000 mobile devices during the last year Additional Secretary, Federal Investigation agency (FIA), told the committee that about 89,000 complaints of cyber-crime had been received by the agency. Taking action on them FIA has recovered about 13,000 fake SIMs in Faisalabad recently, he added Pakistan Telecommunication Authority (PTA) informed the National Assembly Committee on Information Technology and Telecommunication that the Authority had blocked about 86,000 mobile devices that were found involved in fraudulent activities. The FIA official said the suspects were involved in the illegal activation of SIMs through fake silicon thumbs. [Extracted from the article]

VTB Bank, a Russian bank, has introduced digital debit and credit cards, which can allow users to withdraw cash through QR codes at ATMs. The cards are available through the VTB Online mobile app on iOS and Android, according to... [ABSTRACT FROM AUTHOR]

Former student leader Boric had led polls, but is now being challenged by the rise of conservative candidate Kast, with two recent surveys showing Kast beating Boric in the second round of voting. R22E17T1UM0Z (Bloomberg) -- Almost two weeks before Chile's presidential election, one of the candidates has contracted Covid-19, sending five of his opponents into quarantine and forcing campaigning to go virtual. Keywords: ALLTOP; BUSINESS; CORONAVIR; ELECT; GEN; GENTOP; GOV; LATAM; MARKETS; POL; TOP; WORLD; WWTOP; WWTOPAM EN ALLTOP BUSINESS CORONAVIR ELECT GEN GENTOP GOV LATAM MARKETS POL TOP WORLD WWTOP WWTOPAM (Bloomberg) -- Almost two weeks before Chile's presidential election, one of the candidates has contracted Covid-19, sending five of his opponents into quarantine and forcing campaigning to go virtual. [Extracted from the article]

(Bloomberg) -- The Taliban government has banned the use of foreign currencies in Afghanistan in a surprise move that could weigh on an economy struggling with a cash crunch and further isolate the country. "The move could also potentially appreciate afghani currency in the short term, as well as allow the Taliban to purchase and save more dollars at a time the country's running out of dollars", Khan said by phone. Separately, the Afghan central bank on Wednesday doubled the weekly withdrawal limit per banking customer to $400, or 30,000 afghanis to ease the cash crunch, a move that may see locals rush to change their U.S. dollar holdings to the national currency. [Extracted from the article]

(Bloomberg) -- Chile's economic activity rose for the fifth straight month, as billions of dollars in stimulus measures propel the recovery of one of the region's richest nations. Chile's economy is one of the fastest growing in the world, with demand propelled by government cash transfers and also early pension fund withdrawals. [Extracted from the article]

Read more: Chile Senate Committee Backs Fourth Round of Pension Withdrawals Going forward, a potential fourth retirement savings withdrawal beingdebated by legislators could inject as much as $20 billion into theeconomy, according to Finance Ministry estimates. (Bloomberg) -- Chile's jobless rate fell for a sixth straight month andretail sales rose, adding to growing evidence of recovery in one ofLatin America's richest economies. [Extracted from the article]

Income averaging requires the filing of the 1040 Schedule J. A similar method to income averaging is being able to defer income from business operations such as inventory sales into the next fiscal year. Having income tax liabilities at year-end is normally a healthy sign of a strong business. [Extracted from the article]

Having income tax liabilities at year-end is normally a healthy sign of a strong business. Income averaging requires the filing of the 1040 Schedule J. A similar method to income averaging is being able to defer income from business operations such as inventory sales into the next fiscal year. [Extracted from the article]

Having income tax liabilities at year-end is normally a healthy sign of a strong business. Income averaging requires the filing of the 1040 Schedule J. A similar method to income averaging is being able to defer income from business operations such as inventory sales into the next fiscal year. [Extracted from the article]

Income averaging requires the filing of the 1040 Schedule J. A similar method to income averaging is being able to defer income from business operations such as inventory sales into the next fiscal year. Having income tax liabilities at year-end is normally a healthy sign of a strong business. [Extracted from the article]

Having income tax liabilities at year-end is normally a healthy sign of a strong business. Income averaging requires the filing of the 1040 Schedule J. A similar method to income averaging is being able to defer income from business operations such as inventory sales into the next fiscal year. [Extracted from the article]

(Bloomberg) -- Hong Kong's pension fund inflows likely dropped to their lowest in three years as residents take early retirement or leave the city, according to an independent research firm. Net inflows to the Mandatory Provident Fund (MPF) system in the third quarter slowed to HK$10.5 billion ($1.3 billion), the lowest since 2018 when MPF Ratings Ltd. started tracking the data. [Extracted from the article]

(Bloomberg) -- Chile's conservative candidate JoseAntonio Kast is at a statistical tie with the left-wingfrontrunner Gabriel Boric in a poll tracking voters'intentions in the country's upcoming presidentialelection. Kast, who is running for Chile's Republican Party,received 21% support in a survey by local pollster Cademreleased Sunday, while Boric held 20%. [Extracted from the article]

Read more: Chile's Back-to-Back Key Rate Shocks HastenEnd to Stimulus Worsening inflation prospects, together with politicaluncertainty and early retirement withdrawals, areweighing on local financial markets, policy makers wrote. --Felipe Hernandez, Latin America economist For the full note, click here "This was a surprising and aggressive rate decision thatincorporates inflation expectations", said SebastianDiaz, economist at Pacifico Research in Santiago. [Extracted from the article]

Central banks across Latin America are raising borrowing costs quickly as industries reopen and inflation spikes. (Bloomberg) -- Chile's central bank stunned economists with a bigger-than-expected interest rate hike for the second straight meeting and signaled it will remove stimulus even faster as inflation expectations soar above target. "This was a surprising and aggressive rate decision that incorporates inflation expectations", said Sebastian Diaz, economist at Pacifico Research in Santiago. [Extracted from the article]

(Bloomberg) -- Chile's central bank raised its benchmark interest rate by 125 basis points, surprising investors with a larger-than-expected hike for the second straight decision in a rush to tame soaring inflation. Just one economist in a Bloomberg survey expected a raise of 150 basis points, while eight saw a full percentage point increase and five forecast a second straight hike of 75 basis points. [Extracted from the article]

(Bloomberg) -- Chile's central bank raised its benchmark interest rate by 125 basis points, surprising investors with a larger-than-expected hike for the second straight decision in a rush to tame soaring inflation. One economist in a Bloomberg survey expected a raise of 150 basis points, while eight saw a full percentage point increase and five forecast a second straight hike of 75 basis points. [Extracted from the article]

(Bloomberg) -- Chile's central bank will likely speed up the pace of interest rate increases as inflation soars and lawmakers weigh even more stimulus for one of the world's fastest growing economies. Indeed, the central bank would benefit from further "front-loading" borrowing cost hikes, according to a note from Goldman Sachs Group Inc. economists including Alberto Ramos. [Extracted from the article]

Small- and medium-size enterprises flourished in the years after the Taliban was ousted in 2001, increasing their role in Afghanistan's $20 billion economy, according to the World Bank and the country's chamber of commerce. (Bloomberg Businessweek) -- Just weeks after the last U.S. troops left Afghanistan, a cash crisis has crippled its already feeble economy. [Extracted from the article]

The article presents the discussion on common mistakes by the retirees including overspending, large withdrawals of money, and high-risk investments.

Over 80% of the population has received two vaccine doses, according to Bloomberg's Vaccine Tracker, and this week the government began vaccinating children ages 6 to 11. (Bloomberg) -- Chile's unemployment rate dropped less than expected, while retail sales growth also disappointed, even as the country continued easing Covid restrictions. [Extracted from the article]

(Bloomberg) -- To many investors, Macau's push to extend oversight over the world's largest gambling hub came as a shock, triggering a record selloff in casino shares. With the permits set to expire in less than 10 months, the government is expected to pressure the firms -- who have seen gaming revenue contribute 85% of overall revenue on average the past three years, according to Bloomberg calculations from company reports -- to boost investment in non-gaming sectors. [Extracted from the article]

Keywords: ALLTOP; ASIA; BUSINESS; CHINA; COS; ETF; INDUSTRIES; MARKETS; NORTHAM; STK; STKTOP; TEC; TECHTOP; TECSVC; TMT; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN ALLTOP ASIA BUSINESS CHINA COS ETF INDUSTRIES MARKETS NORTHAM STK STKTOP TEC TECHTOP TECSVC TMT TOP US WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU BlackRock Inc. is prepping a new exchange-traded fund investing in Chinese tech stocks, just weeks after a product from a competitor overtook its largest U.S. ETF targeting the Asian nation. QZVPWUT0G1KZ (Bloomberg) -- BlackRock Inc. is prepping a new exchange-traded fund investing in Chinese tech stocks, just weeks after a product from a competitor overtook its largest U.S. ETF targeting the Asian nation. [Extracted from the article]

While still employing one-fifth of the city's workforce, the gambling industry's contribution to Macau's gross domestic product had dropped to 51% before the pandemic hit, from 63% in 2013, according to the latest government data. Keywords: 1128@HK; 1928@HK; ALLTOP; ASIA; ASIATOP; BUSINESS; CHINA; CONS; CONSD; COS; FIN; FRX; HEA; INDUSTRIES; LIFESTYLE; MARKETS; TEC; TECSVC; TRAVEL; WORLD; WWTOP; WWTOPAS EN 1128@HK 1928@HK ALLTOP ASIA ASIATOP BUSINESS CHINA CONS CONSD COS FIN FRX HEA INDUSTRIES LIFESTYLE MARKETS TEC TECSVC TRAVEL WORLD WWTOP WWTOPAS QZREXQT0AFB4 (Bloomberg) -- To many investors, Macau's push to extend oversight over the world's largest gambling hub came as a shock, triggering a record selloff in casino shares. [Extracted from the article]

Meeami Technologies, an audio AI and audio analytics software provider, has introduced its Speaker ID technology. This product offers speaker or user identification using voice for ATM cash withdrawal, bank transactions, e-commerce, phone lock/unlock and more, according to a press... [ABSTRACT FROM AUTHOR]

(Bloomberg) -- In downtown Santiago, the epicenter of what is likely the world's hottest economy, Carol Castillo is meeting lots and lots of angry people. Chile's recovering economy fueled by stimulus cash will keep sales strong through at least next year. [Extracted from the article]

"In view of the economic situation of the country, all banks, FXDs and companies including national merchants will soon adjust their operations in a normal and regular manner and will conduct their business affairs with complete surety", the central bank's acting governor Mohammad Idris said in a statement on Wednesday. (Bloomberg) -- Da Afghanistan Bank said the banking sector is in a "good condition" and "completely secure", as the central bank seeks to reassure local businesses even though U.S. and other Western allies have frozen billions of dollars in reserves overseas. [Extracted from the article]

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Here's the latest news and analysis from Bloomberg Economics to help you start the day: At the start of the pandemic, American workers were thrown out of jobs by the millions. [Extracted from the article]

The article focuses on the initial withdrawal rate of 4% in the equity portfolio and the ratchet-style approach which ensures no reduction in spending for a market pullback. Topics discussed include retirees finishing with less than their principal amount as their retirement started post an event like First World War, dynamic spending strategies and studies done by financial planner Jon Guyton of a Registered Investment Advisory Firm, Cornerstone Wealth Advisors.

The article reviews the conceptual bases of certificate of deposit (CD) early withdrawal behaviors, analyzes historic evidence and statistically quantified forecasts of their magnitudes, and offers management guidance to help financial managers in controlling the performance implications of CD early withdrawals. It also discusses the two types of CD early withdrawals, namely a baseline level of non-financially motivated CD early withdrawals and financially-motivated CD early withdrawals.

The FTSE 100 Index was little changed following a U.K. holiday on Monday. Among the most notable individual stock moves, U.K. wholesaler Bunzl Plc declined 2.9% following half-year results and an unchanged outlook, while biotechnology firm Galapagos NV rose 2.6% after announcing the planned retirement of its CEO. (Bloomberg) -- European stocks edged higher on Tuesday, on the cusp of their longest monthly win streak since 2013 amid a brightening outlook for risk assets on the policy and pandemic fronts. [Extracted from the article]

The China Securities Regulatory Commission will work to root out so-called private equity funds that are actually sold to the general public instead of targeted investors, Chairman Yi Huiman said in a speech to a fund-industry association posted by the CSRC. (Bloomberg) -- China's securities regulator said it plans to rein in buyout funds, saying it will stop public offerings disguised as private equity and fight embezzlement of assets. [Extracted from the article]

(Bloomberg) -- Chile's economy grew more than expected during the second quarter as one of Latin America's richest nations was injected with billions of dollars in stimulus to soften the blow from its worst coronavirus surge. The economy expanded 18.1% from a year prior, the central bank reported on Wednesday. [Extracted from the article]

Chile's economic activity rose more than expected in June due to broad-based gains, signaling that families and businesses rode out fresh lockdowns caused by a coronavirus surge. Keywords: BUSINESS; COS; GEN; GLOBALMACR; GOV; LATAM; MARKETS; POL; WORLD EN BUSINESS COS GEN GLOBALMACR GOV LATAM MARKETS POL WORLD Chile's economic activity rose more than expected in June due to broad-based gains, signaling that families and businesses rode out fresh lockdowns caused by a coronavirus surge. [Extracted from the article]

QX2FCYT0AFB7 (Bloomberg) -- Chile's economic activity rose more than expected in June as families and businesses rode out fresh lockdowns caused by a coronavirus surge. Keywords: ALLTOP; BUSINESS; ECOTOP; GEN; GOV; LATAM; LATTOP; POL; WORLD EN ALLTOP BUSINESS ECOTOP GEN GOV LATAM LATTOP POL WORLD Chile's economic activity rose more than expected in June as families and businesses rode out fresh lockdowns caused by a coronavirus surge. [Extracted from the article]

Keywords: BUSINESS; CONS; COS; GEN; GOV; INDUSTRIES; LATAM; MARKETS; POL; RET; WORLD EN BUSINESS CONS COS GEN GOV INDUSTRIES LATAM MARKETS POL RET WORLD Chile's unemployment dropped while retail sales surged as government aid boosted consumption and coronavirus cases fell from a peak. QX0GLAT1UM0Y (Bloomberg) -- Chile's unemployment dropped while retail sales surged as government aid boosted consumption and coronavirus cases fell from a peak. [Extracted from the article]

Keywords: BUSINESS; ELECT; GEN; GLOBALMACR; GOV; LATAM; MARKETS; POL; STK; WORLD EN BUSINESS ELECT GEN GLOBALMACR GOV LATAM MARKETS POL STK WORLD Chilean senate leader Yasna Provoste will run for president this year as her center-left coalition tries to regain control of the government after four years in opposition. QWPJHYDWLU6P (Bloomberg) -- Chilean senate leader Yasna Provoste will run for president this year as her center-left coalition tries to regain control of the government after four years in opposition. [Extracted from the article]

There was "no big surprise" in the Fed minutes and gold's upward move wasn't particularly strong, Huatai Futures wrote in a website note. (Bloomberg) -- Gold trimmed gains made during a six-day winning streak as investors mulled Federal Reserve minutes that showed policy makers wanted a more solid economic recovery before setting a timeline for trimming bond purchases. [Extracted from the article]

Aggressive withdrawal of central bank support set to reprice sovereign and covered bonds in 2023 [ABSTRACT FROM AUTHOR]