Posted in contractions

BoB in historic benchmark rate cut

Businesses, banks and household on Thursday midday received the much anticipated announcement from Bank of Botswana Governor, Moses Pelaelo, who said the central bank has decided to reduce the Bank Rate by 50 basis points from 4.25 percent to 3.75 percent.

This is the second 50 basis points cut this year after the April cut from 4.25 percent to 4.75 percent. This Thursday cut is the record lowest since 2006, two years before global recession. The two cuts this year were seen as intervention to cushion the economic impact of Covid-19.
Covid-19 and its new normal to most business activities shifted most macroeconomic dynamics and dimension; this recent cut according to the central bank is meant to support the domestic economy which is backed against the wall by inflationary pressures.

The headline inflation remained steady at 1 percent in August and well below the lower bound of the Bank’s objective

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Posted in home

Stay-at-home orders cut noise exposure almost in half

Oct. 9 (UPI) — Sometimes, living the quiet life is a choice. Other times, it’s the reality of a global pandemic. New research suggests lockdowns and stay-at-home orders led to a dramatic reduction in noise exposure.

For the study, published Friday in the journal Environmental Research Letters, scientists at the University of Michigan collected noise exposure data from volunteer Apple Watch wearers in Florida, New York, California and Texas.

“Volunteer participants opted to share environmental sound data from their Apple Watch and headphone sound data from their iPhone,” researchers wrote. “Participants for this analysis were chosen from four states which exhibited diverse responses to COVID-19.”

Scientists analyzed more than half-a-million sound exposure measurements from before and during the pandemic.

In locations where governments issued social distancing recommendations and stay-at-home orders, average sound exposure dropped three decibels during March and April compared to January and February.

“That is a huge reduction

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Posted in contractions

MPC to focus on growth, expectation on rate cut back on table

KOLKATA: Expectation of the Reserve Bank of India returning to the interest rate easing cycle sooner gained traction with it saying that the Monetary Policy Committee (MPC) would focus on economic revival when the transient spikes in inflation dissipate. The regulator projected that inflation would ease closer to the target by March next year.

Governor Shaktikanta Das said that the rise in prices is due to supply side shocks as the effect of lockdowns and restrictions in movements across the country.

“As supply chains are restored, these wedges should dissipate,” Das said in his policy statement. “The MPC has hence decided to look through the current inflation hump as transient and address the more urgent need to revive growth and mitigate the impact of COVID-19.”

This has provided the space for continuing with the accommodative stance with forward guidance as set out in the MPC’s resolution.

“We continue to expect

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Posted in home

Deutsche Bank to Let More Staff Work From Home to Cut Offices

(Bloomberg) — Deutsche Bank AG is revising its work-from-home policies in an effort to permanently reduce office space and save costs.



a room filled with furniture and a large window: Empty desk space sits in the Deutsche Bank AG offices in Eschborn, Germany, on Monday, May 25, 2020. The trickle of workers returning to Deutsche Bank’s Frankfurt headquarters are finding a new reality of takeout lunches and coffee as the lender restricts social contact.


© Bloomberg
Empty desk space sits in the Deutsche Bank AG offices in Eschborn, Germany, on Monday, May 25, 2020. The trickle of workers returning to Deutsche Bank’s Frankfurt headquarters are finding a new reality of takeout lunches and coffee as the lender restricts social contact.

The bank’s leadership is working on a new “hybrid model” for how staff can split work between the office and their homes, Chief Executive Officer Christian Sewing said at a conference on Thursday.

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The new policies will eventually allow employees to have binding agreements on how many days per week they want to work away from the office, a person familiar with the matter said. The lender has developed estimates how big a share of total staff will work from home,

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Posted in home repair

Man threatens to cut off victim’s finger in East Side home invasion

El Paso police arrested a man accused of threatening to cut off another man’s finger over a debt during a home invasion on the East Side.

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Police Department Gang Unit investigators arrested James Daniel Badajosa on Sunday night, hours after a home invasion at an apartment in the 10500 block of Ashwood Drive near Montwood Mall on Yarbrough Drive, police said.



a man looking at the camera: James Daniel Badajosa


© Courtesy El Paso Police Department
James Daniel Badajosa

Police arrested Badajosa, 24, on a charge of burglary of habitation, a police news release states. 

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About 2 p.m. Sunday, Badajosa allegedly forced his way into an apartment and assaulted 24-year-old Adrian Gonzalez, police said.

Badajosa allegedly used a knife to threaten to cut off one of Gonzalez’s fingers over a debt before stealing several items and leaving, police said. The nature of the debt was not disclosed.

Badajosa, of the 6000 block

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Posted in kitchen remodel

7 chef-approved gadgets to cut down on time in the kitchen

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While outdoor dining has gotten us out of our homes and minimized time spent in the kitchen, the colder months will likely bring us back to making meals and yummy treats at home once more.

Whether you’re whipping up dinner or trying out new TikTok recipes, two things are sacred in the kitchen: time and space. Working from home might have given you less time on your hands, and with the whole family home, your countertop space might be more sparse than ever.

Chef Elena Besser joined the 3rd Hour of TODAY this morning to share some kitchen gadgets that can help maximize space

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