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Its contribution to the national exchequer is nearly US$5.4 billion. Pakistan's auto market is among the fastest growing in Asia. 384,000 cars were sold in 2023. In the 1990s and early 2000s, Pakistan had many Japanese cars. With the launch of the first Auto Policy in 2005, Pakistan launched its first indigenous car, Adam Revo. However, after ...
In August 2023, Eby wrote to the Bank of Canada requesting a freeze on interest rate increases, which were contributing to high mortgage payments in British Columbia. [85] In September 2023, Eby's government announced that the province's maximum permitted rent increase for 2024 would be 3.5%, above the previous 2% but below Canada's inflation ...
Overall corporate default rates surged to levels unseen since the 1990 market collapse rising to 6.3 percent of high yield issuance in 2000 and 8.9 percent of issuance in 2001. Default rates on junk bonds peaked at 10.7 percent in January 2002 according to Moody's. [3] [4] As a result, leveraged buyout activity ground to a halt.
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Similarly, an interest rate floor is a derivative contract in which the buyer receives payments at the end of each period in which the interest rate is below the agreed strike price. Caps and floors can be used to hedge against interest rate fluctuations. For example, a borrower who is paying the LIBOR rate on a loan can protect himself against ...
MoPIRG's earliest campaigns included a successful appeal to the Federal Trade Commission to investigate deceptive advertising and sales practices by some St. Louis used car dealers in 1972. The group was also represented on the St. Louis Advertising Review Board, a self-regulatory board of the Advertising Club and the Better Business Bureau.
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