Britain’s economy is under pressure from two huge risks: double-digit inflation and the possibility of a recession, leaving the Bank of England unsure how far it should hike interest rates. The Bank of England has hiked borrowing costs five times… Read More ›
Day: June 29, 2022
Despite An Increase In Industry Activity, Economic Mood In The Eurozone Is Declining
In June, Eurozone economic morale decreased somewhat less than projected, as consumers and retail trade became more pessimistic, although sentiment in the industrial and services sectors recovered. According to the European Commission’s monthly survey, economic confidence across the eurozone’s 19… Read More ›
FCC Commissioner In The United States SeeksĀ Apple And Google Remove TikTok From Their App Stores
The chairman of the Federal Communications Commission in the United States has requested Apple and Google to remove TikTok from their app stores due to data security issues relating to China. The enormously popular short video app is owned by… Read More ›
Three Arrows Capital, A Cryptocurrency Hedge Firm, Has Gone Bankrupt Due To The Market Crisis
Three Arrows Capital, a major cryptocurrency hedge fund, has gone bankrupt, according to reports quoting people familiar with the situation, making it one of the greatest casualties of the last so-called “crypto winter.” Teneo was brought on board in the final… Read More ›