Economy

Tell us about Octopus Moving

Published

2 years ago

March 25, 2023

Octopus Moving is a company that provides removal of property. It was founded in 2005 in New York, USA. The website is https://myoctopusmoving.com. It also has an office in Boston.

Octopus Moving’s main services are:

Moving: assistance with both intra-city and international moves;
Storage: the ability to store in their warehouses;
Everything you need for things to be safely transported to a new place;
Arrangement of furniture at the new location.

A special feature of Myoctopusmoving is that they use only eco-friendly materials for your belongings. Also, they have their own fleet of trucks available, allowing them to provide a more flexible schedule and lower prices.

Company has positive reviews from their customers and is considered a reliable service.

Why is it better to ask for professional help?

Turning to professionals can be more cost effective than doing everything yourself. Here are a few reasons it may be the best choice:

Experience and professional skills for safe and efficient transportation. The right equipment and tools are available to provide safety and prevent damage during transportation and storage.
Saves time and effort: Moving on your own can be very time consuming and time consuming. Company can do it for you, saving you time and effort.
Property Protection: Guaranteeing the safety and security of your property. They usually offer insurance in case of damage or loss of things.
Flexibility: The service can provide flexibility according to your needs and will always go out of their way to meet your needs. For example, they can offer temporary storage.
Money Savings: While hiring may seem more expensive than removal of property on your own, it canbe more cost-effective. A company can provide all the equipment you need and reduce the risk of damage and loss of things, which can save you money in the long run.

In addition, this way you save yourself from unnecessary stress and anxiety.

Is there a guarantee of safety for the goods transported?

All moves will be done safely and professionally. They have experienced and trained workers who know how to handle things properly to prevent damage. Besides, they use special vehicles and packing materials to make sure the safety of things.

Every client receives insurance in case things are damaged or lost in transit. This can be an additional indication of their seriousness regarding safety and responsibility for the safety of their clients’ belongings.

For more specific information, it is recommended that you contact them directly and ask questions when speaking with a company representative.

Economy

Russian central bank says it needs months to make sure CPI falling before rate cuts -RBC

Published

11 months ago

December 26, 2023

Russian central bank says it needs months to make sure CPI falling before rate cuts -RBC

MOSCOW (Reuters) – Russia’s central bank will need two to three months to make sure that inflation is steadily declining before taking any decision on interest rate cuts, the bank’s governor Elvira Nabiullina told RBC media on Sunday.

The central bank raised its key interest rate by 100 basis points to 16% earlier in December, hiking for the fifth consecutive meeting in response to stubborn inflation, and suggested that its tightening cycle was nearly over.

Nabiullina said it was not yet clear when exactly the regulator would start cutting rates, however.

“We really need to make sure that inflation is steadily decreasing, that these are not one-off factors that can affect the rate of price growth in a particular month,” she said.

Nabiullina said the bank was taking into account a wide range of indicators but primarily those that “characterize the stability of inflation”.

“This will take two or three months or more – it depends on how much the wide range of indicators that characterize sustainable inflation declines,” she said.

The bank will next convene to set its benchmark rate on Feb. 16.

The governor also said the bank should have started monetary policy tightening earlier than in July, when it embarked on the rate-hiking cycle.

Economy

China identifies second set of projects in $140 billion spending plan

Published

11 months ago

December 25, 2023

China identifies second set of projects in $140 billion spending plan

© Reuters. FILE PHOTO: Workers walk past an under-construction area with completed office towers in the background, in Shenzhen’s Qianhai new district, Guangdong province, China August 25, 2023. REUTERS/David Kirton/File Photo

SHANGHAI (Reuters) – China’s top planning body said on Saturday it had identified a second batch of public investment projects, including flood control and disaster relief programmes, under a bond issuance and investment plan announced in October to boost the economy.

With the latest tranche, China has now earmarked more than 800 billion yuan of its 1 trillion yuan ($140 billion) in additional government bond issuance in the fourth quarter, as it focuses on fiscal steps to shore up the flagging economy.

The National Development and Reform Commission (NDRC) said in a statement on Saturday it had identified 9,600 projects with planned investment of more than 560 billion yuan.

China’s economy, the world’s second largest, is struggling to regain its footing post-COVID-19 as policymakers grapple with tepid consumer demand, weak exports, falling foreign investment and a deepening real estate crisis.

The 1 trillion yuan in additional bond issuance will widen China’s 2023 budget deficit ratio to around 3.8 percent from 3 percent, the state-run Xinhua news agency has said.

“Construction of the projects will improve China’s flood control system, emergency response mechanism and disaster relief capabilities, and better protect people’s lives and property, so it is very significant,” the NDRC said.

The agency said it will coordinate with other government bodies to make sure that funds are allocated speedily for investment and that high standards of quality are maintained in project construction.

($1 = 7.1315 renminbi)

Economy

Russian central bank says it needs months to make sure CPI falling before rate cuts -RBC

Published

11 months ago

December 25, 2023

Nabiullina said it was not yet clear when exactly the regulator would start cutting rates, however.

“We really need to make sure that inflation is steadily decreasing, that these are not one-off factors that can affect the rate of price growth in a particular month,” she said.

Nabiullina said the bank was taking into account a wide range of indicators but primarily those that “characterize the stability of inflation”.

“This will take two or three months or more – it depends on how much the wide range of indicators that characterize sustainable inflation declines,” she said.

The bank will next convene to set its benchmark rate on Feb. 16.

The governor also said the bank should have started monetary policy tightening earlier than in July, when it embarked on the rate-hiking cycle.