Latest news with #economicstability
Malay Mail
3 days ago
- Business
- Malay Mail
Ministers hail PM's special announcement, say it's all about the ‘rakyat'
KUALA LUMPUR, July 23 — Several federal ministers today thanked Prime Minister Datuk Seri Anwar Ibrahim for making a special announcement on a series of new government measures that will benefit Malaysians, including a one-off RM100 for all Malaysian adults and reduced RON95 petrol price. The ministers said these measures show the federal government's focus on the people of Malaysia and on reducing their financial burden. Communications Minister Datuk Fahmi Fadzil expressed appreciation and thanked the prime minister for announcing these measures, which he said would provide relief to Malaysians and drive economic stability and economic growth, as well as strengthen the country's fiscal resilience amid global uncertainties. 'This announcement proves the MADANI Government's sensitivity towards the pulse of the 'rakyat', and commitment to reduce the burden through various forms of aid,' he said in a statement posted on his official Facebook page. He said the government will balance the need to enhance the country's financial position with the responsibility to take care of the public's wellbeing. Fahmi said the measures announced are the result of careful consideration and based on the principle of social justice and economic sustainability. Separately, Agriculture and Food Security Minister Datuk Seri Mohamad Sabu said the measures showed a government that truly revolved around Malaysians. 'Since day one, that is our aspiration and direction, every sen spent, must be to uplift the dignity of the 'rakyat',' he said in a statement on his official Facebook page, having highlighted five of these measures. Federal Territories Minister Datuk Seri Dr Zaliha Mustafa said 'rakyat, rakyat, rakyat' was the tone of the prime minister's announcement, adding that the government was committed to carrying out immediate steps to reduce Malaysians' burden. 'Today's announcement not only provides relief for millions of families, but also drives the country's economic stability as a whole,' she said in a statement on her official Facebook page. Among other things, she said the government will continue to ensure the public's voices are heard and to prioritise their needs and continue to uplift their standard of living. Recommended reading:
Bloomberg
3 days ago
- Business
- Bloomberg
Summers Says Bessent Right to Question Fed on Its ‘Overreach'
Lawrence Summers backed Treasury Secretary Scott Bessent's questioning of the Federal Reserve's non-monetary policy activities, saying that there were some areas that are distinct from the broader issue of central bank independence. 'History teaches that the Fed should be autonomous and independent' on setting interest rates and deciding how much fuel to inject into the economy, Summers, a former Treasury and White House National Economic Council chief, said on Bloomberg Television's Wall Street Week with David Westin. 'When the political process gets in their way, the result is more inflation, less economic stability, and ultimately higher interest rates. That lesson is clear.'
Daily Mail
3 days ago
- Business
- Daily Mail
San Francisco enters alarming new 'doom loop' phase
By The San Francisco Bay Area is plummeting into a concerning new 'doom loop' as the region's rapidly aging population threatens its economic stability. San Francisco is seeing an influx of older residents, resembling the demographics of Tampa and Miami, Florida, where retirees are known to flock. With the California hot spot's median age on the rise - more quickly than anywhere else in the US - worries about San Francisco's financial future have emerged. There are now less young people contributing to the economy by working, renting or simply going out, and industries across all sectors are feeling the burn. Having older residents also means many of them will be dependent on Social Security checks, increasing the federal burden in the region. And while San Francisco is facing the brunt of this unrelenting combination of factors, experts warn metros across the country are at the same risk. 'The aging thing might be the most important thing happening in American society that people aren't paying attention to enough,' urbanism expert Richard Florida, a professor at the University of Toronto, told the San Francisco Chronicle. 'And, in places like the Bay Area where everything's so expensive, it's arguably even more important.' The cost of living in San Francisco is roughly 67 percent higher than the national average, according to Rent Cafe data. Reporters from the SF Chronicle ventured to various parts of the Bay Area to gauge the extent of this economic demise. Berkeley, once a bustling neighborhood home to UC Berkeley, is now categorized as 'a retirement community' of mainly single-family homes. Despite the surrounding neighborhood, UC Berkeley's enrollment rates have been steadily increasing over the past several years, according to the university. In Sonoma County, the number of children had plunged 35 percent over the past 10 years, the outlet reported. San Francisco bars have seen an overall decline in business, as older customers generally spend less money while younger patrons have been drinking less. This alarming demographic shift in the Bay Area has been an under-estimated issue for years, but its impact was undeniable over the course of the pandemic. From 2020 to 2024, the metro's median age jumped the most out of all the country's major regions, the SF Chronicle reported. In 2020, the median age was 39, while it grew to 41 four years later. By 2055, more than half the Bay Area's nine counties will be pushing 50 years old. Meanwhile, other major regions such as Houston, Texas and Seattle, Washington have not yet seen median ages of 36 and 38 respectively. San Francisco's future is looking grim, as the area has the smallest percentage of children out of the top 20 US metros. Last year, less than 19 percent of the city's population was under 18 years old. San Francisco County is in even worse shape, with only 13.5 percent of its population being children. Less children and young people means that academic institutions will see less students and many will likely be forced to shut down, experts predict. And data shows people starting families in the city are not particularly inclined to stay there. 'It's a major trigger point,' San Francisco's chief economist Ted Egan (pictured) told the SF Chronicle. 'People bump into space limitations in a rent-controlled apartment.' Those who stay in San Francisco tend to be established property owners, generally of an older age group. This 'lock-in' effect has caused housing prices to skyrocket. The SF Chronicle reported that industries catering to older demographics - people in their 40s and beyond instead of those in their 20s and 30s - have been thriving. For instance, a clinic focused on helping people extend their lifespans in South San Francisco charges patients $19,000 a year for its services. But in the years to come, industries serving the elderly could also face road bumps. Older individuals will need senior living facilities and home health aides, which may be difficult to accomplish in a place with high construction costs and a shortage of skilled caregivers.
Daily Mail
4 days ago
- Business
- Daily Mail
San Francisco plunges into terrifying new 'doom loop' threatening to upend every aspect of life… and it won't be the last US city
The San Francisco Bay Area is plummeting into a concerning new 'doom loop' as the region's rapidly aging population threatens its economic stability. San Francisco is seeing an influx of older residents, resembling the demographics of Tampa and Miami, Florida, where retirees are known to flock. With the California hot spot's median age on the rise - more quickly than anywhere else in the US - worries about San Francisco's financial future have emerged. There are now less young people contributing to the economy by working, renting or simply going out, and industries across all sectors are feeling the burn. Having older residents also means many of them will be dependent on Social Security checks, increasing the federal burden in the region. And while San Francisco is facing the brunt of this unrelenting combination of factors, experts warn metros across the country are at the same risk. 'The aging thing might be the most important thing happening in American society that people aren't paying attention to enough,' urbanism expert Richard Florida, a professor at the University of Toronto, told the San Francisco Chronicle. 'And, in places like the Bay Area where everything's so expensive, it's arguably even more important.' The cost of living in San Francisco is roughly 67 percent higher than the national average, according to Rent Cafe data. Reporters from the SF Chronicle ventured to various parts of the Bay Area to gauge the extent of this economic demise. Berkeley, once a bustling neighborhood home to UC Berkeley, is now categorized as 'a retirement community' of mainly single-family homes. Despite the surrounding neighborhood, UC Berkeley's enrollment rates have been steadily increasing over the past several years, according to the university. In Sonoma County, the number of children had plunged 35 percent over the past 10 years, the outlet reported. San Francisco bars have seen an overall decline in business, as older customers generally spend less money while younger patrons have been drinking less. This alarming demographic shift in the Bay Area has been an under-estimated issue for years, but its impact was undeniable over the course of the pandemic. From 2020 to 2024, the metro's median age jumped the most out of all the country's major regions, the SF Chronicle reported. In 2020, the median age was 39, while it grew to 41 four years later. By 2055, more than half the Bay Area's nine counties will be pushing 50 years old. Meanwhile, other major regions such as Houston, Texas and Seattle, Washington have not yet seen median ages of 36 and 38 respectively. San Francisco's future is looking grim, as the area has the smallest percentage of children out of the top 20 US metros. Last year, less than 19 percent of the city's population was under 18 years old. San Francisco County is in even worse shape, with only 13.5 percent of its population being children. Less children and young people means that academic institutions will see less students and many will likely be forced to shut down, experts predict. And data shows people starting families in the city are not particularly inclined to stay there. 'It's a major trigger point,' San Francisco's chief economist Ted Egan told the SF Chronicle. 'People bump into space limitations in a rent-controlled apartment.' Those who stay in San Francisco tend to be established property owners, generally of an older age group. This 'lock-in' effect has caused housing prices to skyrocket. The SF Chronicle reported that industries catering to older demographics - people in their 40s and beyond instead of those in their 20s and 30s - have been thriving. For instance, a clinic focused on helping people extend their lifespans in South San Francisco charges patients $19,000 a year for its services. But in the years to come, industries serving the elderly could also face road bumps. Older individuals will need senior living facilities and home health aides, which may be difficult to accomplish in a place with high construction costs and a shortage of skilled caregivers.
Yahoo
16-07-2025
- Business
- Yahoo
European Dividend Stocks To Watch In July 2025
As European markets navigate the complexities of new U.S. tariffs and mixed economic signals, indices like the STOXX Europe 600 have shown resilience with modest gains. In this environment, dividend stocks can offer a reliable income stream, making them an attractive option for investors seeking stability amidst market fluctuations. Name Dividend Yield Dividend Rating Zurich Insurance Group (SWX:ZURN) 4.52% ★★★★★★ Rubis (ENXTPA:RUI) 7.17% ★★★★★★ OVB Holding (XTRA:O4B) 4.76% ★★★★★★ Julius Bär Gruppe (SWX:BAER) 4.69% ★★★★★★ Holcim (SWX:HOLN) 4.90% ★★★★★★ HEXPOL (OM:HPOL B) 4.55% ★★★★★★ ERG (BIT:ERG) 5.44% ★★★★★★ Bredband2 i Skandinavien (OM:BRE2) 4.10% ★★★★★★ Banque Cantonale Vaudoise (SWX:BCVN) 4.65% ★★★★★★ Allianz (XTRA:ALV) 4.53% ★★★★★★ Click here to see the full list of 232 stocks from our Top European Dividend Stocks screener. Below we spotlight a couple of our favorites from our exclusive screener. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Caisse Régionale de Crédit Agricole Mutuel Loire Haute-Loire Société coopérative offers a range of banking products and services to diverse clients in France, with a market cap of €600.35 million. Operations: The company's revenue segments include Land (€1.13 billion), Leasing activity (€151.14 million), and Local Banking in France (€234.80 million). Dividend Yield: 3.8% Caisse Régionale de Crédit Agricole Mutuel Loire Haute-Loire Société coopérative offers a dividend yield of 3.82%, which is below the top tier in the French market but remains reliable and stable over the past decade. Trading at 26.3% below its estimated fair value, it presents good value for investors. The payout ratio of 29.5% suggests dividends are well covered by earnings, though concerns arise from a high bad loans ratio of 3.2%. Unlock comprehensive insights into our analysis of Caisse Régionale de Crédit Agricole Mutuel Loire Haute-Loire Société coopérative stock in this dividend report. The valuation report we've compiled suggests that Caisse Régionale de Crédit Agricole Mutuel Loire Haute-Loire Société coopérative's current price could be quite moderate. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Caisse Régionale de Crédit Agricole Mutuel de La Touraine et du Poitou Société Coopérative offers a range of banking products and services in France, with a market cap of €622.96 million. Operations: Caisse Régionale de Crédit Agricole Mutuel de La Touraine et du Poitou Société Coopérative generates revenue primarily from its Proximity Bank segment (€251.71 million) and Management for Own Account and Miscellaneous segment (€60.97 million). Dividend Yield: 3.2% Caisse Régionale de Crédit Agricole Mutuel de la Touraine et du Poitou Société Coopérative provides a reliable and stable dividend yield of 3.23%, though it falls short compared to the top 25% in the French market. The low payout ratio of 25% indicates dividends are well covered by earnings, enhancing sustainability. Trading at 32.4% below its estimated fair value, it offers attractive valuation for investors seeking consistent income with potential for capital appreciation. Click here and access our complete dividend analysis report to understand the dynamics of Caisse Régionale de Crédit Agricole Mutuel de la Touraine et du Poitou Société Coopérative. In light of our recent valuation report, it seems possible that Caisse Régionale de Crédit Agricole Mutuel de la Touraine et du Poitou Société Coopérative is trading behind its estimated value. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: CFM Indosuez Wealth Management SA, with a market cap of €836.58 million, operates in Monaco and internationally, offering banking and financial solutions through its subsidiaries. Operations: CFM Indosuez Wealth Management SA generates revenue primarily from its Wealth Management segment, which amounts to €196.43 million. Dividend Yield: 5.3% CFM Indosuez Wealth Management offers a dividend yield in the top 25% of the French market, with a reasonable payout ratio of 73.6%, indicating coverage by earnings. However, its dividend track record is unstable and unreliable due to past volatility and inconsistent growth. The Price-To-Earnings ratio of 14.1x suggests it is undervalued compared to the broader French market. Despite these factors, insufficient data exists to predict future dividend sustainability or coverage by cash flows. Get an in-depth perspective on CFM Indosuez Wealth Management's performance by reading our dividend report here. Upon reviewing our latest valuation report, CFM Indosuez Wealth Management's share price might be too optimistic. Click this link to deep-dive into the 232 companies within our Top European Dividend Stocks screener. Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ENXTPA:CRLO ENXTPA:CRTO and ENXTPA:MLCFM. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
