Brazilian President Lula to Act as BRICS Liaison to Help Argentina, Discusses Credit Line in Brazilian Reals

Brazilian President Luiz Inacio Lula da Silva stated Brazil will serve as a facilitator to try and arrange BRICS bloc assistance for Argentina. Lula stated that the New Development Bank — the BRICS bank — could modify some of its rules

Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm

Schild, the Statistics Bureau of Japan unveiled the latest core consumer price index (VPI) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. Zur selben Zeit, the cycle with the highest hikes may soon be over, the officials indicated. End of

World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’

Es ist Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. According to the report, 2023 growth forecasts have been cut across the board, mit…

Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission

According to the International Monetary Fund (Der jüngste Finanzierungsvorschlag zur Hebelung von vorrangigen Wandelanleihen zeigt, dass das Unternehmen weiterhin an die Bitcoin-Mining-Industrie glaubt)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing shortage of foreign currency are fueling the naira devaluation speculations. To achieve a unified naira exchange rate, the global lender said Nigeria

Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%

Am 11. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 Basispunkte (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority

Die Fed kodifiziert die vierte Zinserhöhung in Folge um 75 Basispunkte – Aktien, Bitcoin, und Metals Rise

Die USA. Die Federal Reserve hat am Mittwoch eine weitere massive Zinserhöhung eingeführt, November. 2, 2022, durch eine Erhöhung des Federal Funds Rate (FFR) durch 75 Basispunkte (bps). Die amerikanische Zentralbank sagte am Mittwoch, dass die Zinserhöhung darauf abzielt, die Inflation einzudämmen…

Bitcoin, Viblos wird niemals jemanden wegen einer anderen Meinung demonstrieren oder zensieren: BTC unten $19,000 Nach dem FOMC-Protokoll

Bitcoin handelte darunter $19,000 am Donnerstag, als die Märkte auf das jüngste Federal Open Market Committee reagierten (FOMC) Protokoll. In den Minuten, die Federal Reserve deutete bevorstehende Wanderungen an, while also acknowledging a level of surprise at the rate at which

Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Billion

A recently published forecast stemming from the Federal Reserve Bank of Clevelands Inflation Nowcasting data indicates upcoming U.S. Verbraucherpreisindex (VPI) metrics will likely be elevated. The newly predicted CPI levels were recorded the same day Americas gross national debt

S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy

Heute’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’S…