109 years ago, アメリカ. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great deal. Since the Fed started, より多い 96% of the greenback’s purchasing power has been erased…
Despite the headwinds that have dominated the year, remittances to low and middle-income countries in 2022 still grew by 5% に $626 十億, the World Bank Migration and Development Brief has said. アフリカ, where the cost of sending $200 averaged 7.8%…
メタ, the social network company, has announced that it will cut 11,000 jobs, letting go of 13% of the employees in its workforce amidst a “cultural shift” in the company. マーク・ザッカーバーグ, CEO of the company, explained this decision was made…
アメリカ. Federal Reserve introduced another jumbo rate hike on Wednesday, 11月. 2, 2022, by hiking the federal funds rate (FFR) に 75 ベーシスポイント (bps). The American central bank said on Wednesday that the hike aims to curb inflation and…
A recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. 消費者物価指数 (CPI) metrics will likely be elevated. The newly predicted CPI levels were recorded the same day America’s gross national debt…
Moody’s, the asset quality rating agency, has warned the high rate of inflation that some countries are facing in Latam will affect the economic recovery in the region. ブラジル, Chile, and Mexico are said to be the countries more affected by…
Officials at the International Monetary Fund (IMF) say that the correlation between the performance of the Asian equity markets and crypto assets such as bitcoin and ethereum has increased significantly. IMF Staff on Crypto and Correlation to Asian Equities The International…
Amid the Covid-19 pandemic in 2020, the world’s bureaucrats, financial institutions, multinational corporations, and international organizations started promoting the Great Reset concept, an idea launched by the World Economic Forum (WEF) that claims to bolster a greener and fairer world. 以来…