Economics

Venezuelan Banks Have Blocked Over 75 Accounts Since the End of Last Year Due to Cryptocurrency-Related Activities

Venezuelan Banks have started eyeing the accounts of customers with… More…

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‘Oil Prices North of $200’ per Barrel — Investor Expects Oil to ‘Crush’ Every Investment in 2023

Amid the dreary global economy, a number of market strategists and… More…

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Argentine Peso Plunges to a 5 Month Low Amid Legal and Political Woes

The Argentine Peso has experienced a sudden fall vs the U.S. dollar,… More…

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Elon Musk: Recent Fed Rate Hikes Might Go Down in History as Most Damaging Ever

Tesla CEO and Twitter chief Elon Musk says the Federal Reserve’s… More…

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India’s Central Bank Chief: Cryptocurrencies Will Cause Next Financial Crisis if They’re Not Banned

The governor of India’s central bank, the Reserve Bank of India… More…

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Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25%

The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the… More…

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Bank Holdups and Protests Continue to Rise in Lebanon as Depositors Demand Their Own Savings

On Dec. 17, reports detail that residents in Lebanon have been staging… More…

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Ghanaian Cedi Appreciates by More Than 30% in 4 Days — Currency Recovery Follows IMF Loan Announcement

Just a few months after it became the world’s worst-performing… More…

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ECB Hikes Interest Rates by 50bps; Signals Need for Further Hikes to Fight Inflation

The European Central Bank (ECB) decided to hike three of its key interest… More…

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Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year

The U.S. central bank’s Federal Open Market Committee (FOMC)… More…

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