Wed, 20 Oct 2021

WASHINGTON -- The U.S. Federal Reserve will probably hint at its meeting next week that it is moving toward announcing a reduction in monthly asset purchases in November, according to a Bloomberg survey of economists released Friday.

Two-thirds of economists expect the tapering announcement at the Fed's Nov. 2-3 meeting, with more than half seeing the tapering starting in December, the survey showed. The Fed will hold its next policy meet on Sept. 21-22. (U.S. Federal Reserve-Asset Purchases)

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JAKARTA -- The Indonesian government will reopen its resort island of Bali for international visitors in October, as the number of COVID-19 cases has been declining in the country, Coordinating Minister for Maritime and Investment Affairs Luhut Binsar Panjaitan said on Friday.

The Southeast Asian country has just emerged from the peak of the second wave of COVID-19 transmissions triggered by the Delta variant from July to August and managed to reduce its positivity rate to less than 5 percent, Pandjaitan said. (Indonesia-Bali-Visitors)

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LUANDA -- The Angolan government and the World Bank (WB) on Thursday signed a financing agreement valued at 150 million U.S. dollars for the purchase of COVID-19 vaccines.

On the occasion here, the WB country representative, Jean-Christophe Carret, highlighted that the WB and Angola had been working to effectively make the funding project happen. (Angola-World Bank-Agreement)

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ISTANBUL -- Turkish authorities on Thursday launched large-scale simultaneous audits in supermarkets to curb exorbitant pricing, in line with the government's efforts to fight against high inflation.

The Trade Ministry's teams examined the sale price of every product in big chain supermarkets across the country, especially in big cities such as Istanbul and Izmir, to see if the prices were within the ranges that were previously determined by the ministry. (Turkey-Price Hikes-Audits)

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