Sri Lanka has halted sales of non-essential motor gasoline as the country faces its worst economic crisis in decades. For the next two weeks, only buses, trains, and vehicles used for medical services and food transport will be permitted to… Read More ›
European Central Bank President Christine Lagarde downplayed fears of a eurozone recession on Tuesday, saying her staff is ready to raise rates more quickly if inflation continues to rise. The annual conference of central bank officials is taking place in… Read More ›
Cathie Wood, CEO of Ark Invest, stated on Tuesday that the United States is already in an economic slowdown, and she conceded that she overestimated the severity and long-term impact of inflation. “We think we are in a recession,” Wood… Read More ›
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