How Will an Interest Rate Drop Affect Business & the Economy?

To better understand how interest rates affect business and the economy, think about them as a virtual way of putting money into and taking money out of your wallet. When interest rates are high, the cost of mortgage payments goes higher, the cost of financing a business increases, the cost of buying anything on credit increases and investors have high-interest bonds to invest their money at low risk. When interest rates are low, mortgage payments decline, businesses can afford to expand because the cost of their capital is low, consumers…

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New Robotic Device May Improve Stroke Survivors’ Mobility

SEOUL:  Researchers have developed a new robotic tool that may in combination with standard rehabilitation programme improve the mobility of patients surviving a stroke. Stroke, known as a leading cause of long-term disability, is a sudden loss of brain function, caused by the interruption of blood flow to the brain or the rupture of a blood vessels in the brain and an estimated 150,000 people die from it each year. As a consequence of stroke, the survivors are often left with muscle over-activity, including spasticity, characterised by tight or stiff muscles and an inability…

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