News
US goverment shutdown: what is it and who would be responsible?
The American Congress seems unable to find an agreement on the 2024 fiscal budget, and could cause a government shutdown by the end of the week.
Author
L. R.
Business & Finance
China needs an economic restructuring, but it might be too late
China’s property sector crisis comes amid fast changes in the global economy. China’s economic miracle might be over.
Business & Finance
Insight: Americans are running out of money, halting US economic resilience
So far, the United States avoided a recession thanks to high consumer spending. Unfortunately, Americans are running out of money.
Business & Finance
ECB, Bank of England to assess dire economic crisis. Is the hike cycle over?
After months of consecutive interest rate hikes, European central banks might finally end the cycle, addressing GDP contractions.
Business & Finance
Canada increases oil exports as West battles OPEC, prices surge
For the first time since its onset, the West has an ally in the oil war against Saudi Arabia and Russia.
News
Russia’s oil strategy backfired: high fuel prices and low international demand
Russian revenues from oil are declining not because of sanctions but because of a lack in international demand.
News
Japan: BoJ remains dovish, exploits inflation to fuel GDP growth
Even if Japan’s inflation is growing, the BoJ maintained negative interest rates. Here’s why.
Business & Finance
Fed yearns for Biden’s second term, sets interest rates on “higher for longer”
The Federal Reserve kept interest rates unchanged at their latest meeting, signaling only one more hike in this cycle.
News
Poland stops weapon supplies for Ukraine, tensions over grain exports
Poland is the staunchest anti-Russian NATO ally, but the impasse over grain exports fueled tensions with Ukraine.
