Economy
No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again
Bank of Russia decided to maintain the interest rate at 7.5% amid moderate… More… The post No Rate ...
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Republicans Seek to Repeal Biden’s Inflation Reduction Act in Exchange for Raising US Debt Limit
There has been a lot of commentary concerning the U.S. raising its … More…
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Nations to Dump US Dollar and Create ‘Bipolar’ Global Currency System: Nouriel Roubini
Strategic rivals of the US are going to move away from the dollar and… More…
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China’s Inflation Rate Drops to Lowest in 18 Months
The annual inflation rate in China has unexpectedly slowed down in… More…
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Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry
Following the collapse of Silvergate Bank, Silicon Valley Bank, … More…
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Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’
Roughly 26 days ago and in the following days, the U.S. witnessed two… More…
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Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now
On Sunday, Saudi Arabia and several major oil producers announced… More…
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First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B
According to the Federal Deposit Insurance Corporation (FDIC), … More…
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It’s Not Just Fraud That Chilled Crypto Regulation
While it’s easy to blame the recent shift in the regulatory mood regarding… More…
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Central Banks Continue to Show Strong Demand for Gold in 2023, Says World Gold Council Report
Central banks show continued demand for gold in 2023, as per a recent… More…
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