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PNG Central Bank warns of High Inflation

Acting Governor of the Bank of Papua New Guinea Benny Popoitai has warned that developing economies, like Papua New Guinea would be adversely affected with high prices due to lack of social safety net programs and limited financial resources to minimize the impact, as economies are still recovering from the impact of the COVID-19 pandemic. Global inflation increased significantly in the first half of 2022, due to rising fuel and gas prices, and food grains reflecting the impact of the Russia-Ukraine war. PNG Central Bank /File Photo  In the Quarterly Economic Bulletin December Quarter 2021, Mr. Popoitai stated that the higher prices are expected to remain elevated as Russia continues to show no signs of ending the war in the near future. In light of this, the Government has introduced temporary relief measures, including raising the income tax threshold and providing tax exemptions on essential refined fuel products to relieve consumers of higher fuel prices. NBC News / PNG Today Next ...

Udayagiri Caves: 5th Century Cultural Beauty of Madhya Pradesh

They contain some of the oldest surviving Hindu temples and iconography in India. They are a 5th century cave wonder. Many relics and sculptures from this place can be found in museums across the country. I am talking about the twenty rock cut caves at Udayagiri in Madhya Pradesh. Located just 60 kms from the capital city of Bhopal, Udayagiri caves is a group of temples and monasteries from the Gupta era that were carved out of a hill. These rock-cut caves contain iconography of Vaishnavism, Shaktism, Shaivism and Jainism. While Jainism is limited to only one cave, the other 19 caves are dedicated to Hinduism. Udayagiri, which literally means ‘sunrise mountain’, was following Surya tradition since 3rd century BCE. During the prime of Buddhism at Sanchi, Buddhism made its way to Udayagiri in the 2nd century BCE. And these rock-cut caves were built under the patronage of Chandragupta II in the late decades of the 4th century. By then, Hinduism had firmly planted its roots at Udayagiri. T...

Author Guest Post - Donna VanLiere (& a Giveaway - closed)

CONGRATS TO LUCKY WINNERS – DARCY & DAVID!   Readers, please join me in once again welcoming Donna VanLiere, author of The Christmas Secret who’s guest blogging here today! You can read a previous Q&A with Donna here. The Christmas Secret (304p, St.Martins Press) , introduces readers to Christine Eisley, a hard-working single mother of two young children. With a difficult ex-husband, a stressful waitressing job and an ever growing mound of bills to pay, Christine is at her wit’s end. After saving the life of an elderly employee of Wilson’s department store, she sets into motion a series of events that will test her strength, loyalty and determination — all the while setting her on the path to finding true love…. I have three children (8, 6 and 3) but I am not a single mother. I have a husband who helps me juggle the busyness. During that week here or there when he goes out of town and I’m left to make breakfast, pack lunches, drive the kid...