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

See nädal, the Statistics Bureau of Japan unveiled the latest core consumer price index (CPI) 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. Samal ajal, 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’

On jaan. 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. Aruande kohaselt, 2023 growth forecasts have been cut across the board, koos…

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

According to the International Monetary Fund (IMF)’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%

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

Fed kodifitseerib neljanda järjestikuse 75 bps intressitõusu — aktsiad, Bitcoin, ja Metals Rise

USA. Föderaalreserv tõstis kolmapäeval järjekordset intressimäära, nov. 2, 2022, tõstes föderaalfondide intressimäära (FFR) kõrval 75 baaspunktid (bps). Ameerika keskpank teatas kolmapäeval, et matka eesmärk on ohjeldada inflatsiooni ja…

Bitcoin, Ethereumi tehniline analüüs: BTC Below $19,000 Following FOMC Minutes

Bitcoin was trading below $19,000 neljapäeval, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. In the minutes, the Federal Reserve hinted at upcoming hikes, 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 triljon

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

S&P Globaalne aruanne ütleb, et EL ja Ühendkuningriik on majanduslanguses, Putin arvab, et lääs on ahne

Täna’Selle viletsa maailmamajandusega on kõik eesotsas, kuna inflatsioon on laastanud tavaliste inimeste rahakotte ja energiahinnad tõusevad kogu maailmas jätkuvalt. Credit Suisse andmetel, “halvim on alles ees,” kui ülemaailmne investeerimispank’s…