Dangerously high 10,4% inflation in Great BritainEconomy

Dangerously high 10,4% inflation in Great Britain

UK consumer price inflation rose unexpectedly to 10.4 percent in February, boosted by higher prices for drinks in pubs and…

Electricity costs move the auto industry to the USAEconomy

Electricity costs move the auto industry to the USA

High energy prices and high bureaucratic hurdles are affecting car manufacturers. They invest more and more in the United States,…

EU Contemplates Adding Russian Bank to SWIFT SystemEconomy

EU Contemplates Adding Russian Bank to SWIFT System

The EU is considering a proposal for the Russian Agricultural Bank to establish a branch to reconnect with the SWIFT…

Thawing of Relations Between Japan and KoreaEconomy

Thawing of Relations Between Japan and Korea

Japan’s finance minister, Shunichi Suzuki, and South Korea’s finance minister, Chu Kyungho, announced after today’s meeting an agreement to restore…

President Biden Highlights His Economic Plan in ‘Bidenomics’Economy

President Biden Highlights His Economic Plan in ‘Bidenomics’

President Biden is set to present his case for “Bidenomics” on Wednesday. He plans to emphasize that his policies have…

New American Labor Market Data ReleasedEconomy

New American Labor Market Data Released

The number of Americans filing for unemployment benefits remained up last week, a sign of the impact of the Fed’s…

EU Plans to Utilize Frozen Russian Assets for UkraineEconomy

EU Plans to Utilize Frozen Russian Assets for Ukraine

The European Union (EU) is making significant strides toward formulating a comprehensive plan to utilize frozen Russian assets for the…

The Economic Consequences of The Banking CrisisEconomy

The Economic Consequences of The Banking Crisis

A financial crisis that erupted less than two months ago now seems to be more of a gradual bleed. It…

OECD Inflation Countries Recorded a Decline in March to 7.7%Economy

OECD Inflation Countries Recorded a Decline in March to 7.7%

The annual inflation rate was 7.7 percent in March in Organization for Economic Co-operation and Development (OECD) countries, down from…

World Bank Warns of Drastic Economic SlowdownEconomy

World Bank Warns of Drastic Economic Slowdown

The World Bank has issued a warning about the potential significant slowdown in economic growth. The warning was made for…