✅ Why in News: the seventh Lancang-Mekong Cooperation (LMC) Foreign Ministers’ Meeting was held in Bagan, Myanmar.
âś…The LMC consists of six countries: China, Cambodia, Myanmar, Laos, Thailand, and Vietnam. âś…Multilateral format: Lancang-Mekong Cooperation is a multilateral format established in 2016 for cooperation between the riparian states of the Lancang River and Mekong River. âś…The Lancang River originates on the Qinghai-Tibet Plateau in southwestern China. It is called the Mekong River as it flows through the other five countries before emptying into the sea. âś…Purpose: The central purpose of the format is for China to manage water flow from its hydropower dams with the other riparian states. âś…LMC Special Fund: A fund was created in 2016 to aid in small and medium-sized projects by the Lancang-Mekong countries.
✅ Why in News: the seventh Lancang-Mekong Cooperation (LMC) Foreign Ministers’ Meeting was held in Bagan, Myanmar.
âś…The LMC consists of six countries: China, Cambodia, Myanmar, Laos, Thailand, and Vietnam. âś…Multilateral format: Lancang-Mekong Cooperation is a multilateral format established in 2016 for cooperation between the riparian states of the Lancang River and Mekong River. âś…The Lancang River originates on the Qinghai-Tibet Plateau in southwestern China. It is called the Mekong River as it flows through the other five countries before emptying into the sea. âś…Purpose: The central purpose of the format is for China to manage water flow from its hydropower dams with the other riparian states. âś…LMC Special Fund: A fund was created in 2016 to aid in small and medium-sized projects by the Lancang-Mekong countries.
If riding a bucking bronco is your idea of fun, you’re going to love what the stock market has in store. Consider this past week’s ride a preview.The week’s action didn’t look like much, if you didn’t know better. The Dow Jones Industrial Average rose 213.12 points or 0.6%, while the S&P 500 advanced 0.5%, and the Nasdaq Composite ended little changed.
That growth environment will include rising inflation and interest rates. Those upward shifts naturally accompany healthy growth periods as the demand for resources, products and services rise. Importantly, the Federal Reserve has laid out the rationale for not interfering with that natural growth transition.It's not exactly a fad, but there is a widespread willingness to pay up for a growth story. Classic fundamental analysis takes a back seat. Even negative earnings are ignored. In fact, positive earnings seem to be a limiting measure, producing the question, "Is that all you've got?" The preference is a vision of untold riches when the exciting story plays out as expected.
