Business & Finance
BoE continues rate hikes: UK inflation to persist until 2025
Unlike the Federal Reserve and the European Central Bank, the BoE does not forecast a stabilization of interest rates.
Author
L. R.
News
BRICS divided ahead of South Africa meeting: two members are against expansion
The BRICS meeting has not started yet but is already sparking tension within the bloc. Its members do not agree on how expansion should take place.
News
China limits phone use for children, sends markets on downward spiral
China started its restrictions on the tech sector again, this time limiting use of personal cellphones to minor citizens.
Business & Finance
Fitch removes AAA-status to the United States, what does it mean?
Fitch is the second major agency to downgrade the United States’ rating. Everything has to do with the US debt crisis.
Tech
EU regulators raise serious concerns about Sam Altman’s Worldcoin privacy violations
Sam Altman’s Worldcoin scans people’s irises in exchange for a cryptocurrency. EU regulators are worried about its privacy implications.
Business & Finance
EU predicts GDP growth, inflation reduction in July
Eurostat data forecast a positive economic outlook for the European Union in July. Will they be accurate?
Business & Finance
China’s industrial decline enters fourth consecutive month
China’s PMI continues to signal manufacturing contraction. Combined with reduced exports, China’s economy is cornered.
Business & Finance
Markets weekly recap: uncertain policies give uncertain results
The Federal Reserve, the European Central Bank, and the Bank of Japan all released data last week. What was its effect on markets?
Business & Finance
Here’s why Japan keeps interest rates low despite increasing inflation
Japan is the only G7 economy to keep negative interest rates despite inflation. Here’s why.
