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The Amazon rainforest, [a] also called Amazon jungle or Amazonia, is a moist broadleaf tropical rainforest in the Amazon biome that covers most of the Amazon basin of South America. This basin encompasses 7,000,000 km 2 (2,700,000 sq mi), [ 2 ] of which 6,000,000 km 2 (2,300,000 sq mi) are covered by the rainforest . [ 3 ]
Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.
The National Institute for Space Research (INPE) in Brazil estimated that at least 7,747 km 2 (2,991 sq mi) of the Brazilian Amazon rainforest were cleared during the first half of 2019. [64] INPE subsequently reported that deforestation in the Brazilian Amazon reached a 12-year high between August 2019 and July 2020.
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The discount rate was cut by 50 bp—to 5.75% from 6.25%—and the term of loans was extended from overnight to up to thirty days. That reduced the spread of the primary credit rate over the federal funds rate from 100 basis points to 50 basis points.
At the conclusion of its fourth rate-setting policy meeting of 2024 on June 12, 2024, the Federal Reserve kept the federal funds target interest rate steady at a 23-year high of 5.25% to 5.50% ...
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