Tag Archives: stem

Biden administration weighs taking actions without Congress to stem the migrant flow

WASHINGTON — The Biden administration is contemplating taking unilateral motion with out Congress to make it more durable for migrants to cross the preliminary screening for asylum on the U.S.-Mexico border and shortly deport just lately arrived migrants who don’t meet the standards, say three U.S. officers with data of the deliberations. The actions, that are nonetheless weeks away from finalization, are an effort to …

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Chinese commercial banks fear stimulus measures will do little to stem tide of mortgage prepayments, squeezing margins

China’s business banks are elevating questions on whether or not the central financial institution’s latest minimize to excellent mortgage charges can be adequate to carry again a flood of mortgage prepayments and assist shield financial institution margins. The Individuals’s Financial institution of China (PBOC) unveiled new steering final month requiring business banks to decrease rates of interest on excellent mortgages …

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