Banks should be more cautious about the risks of fraud, legal uncertainty, and misleading disclosures by cryptocurrency firms, according to US regulators on Tuesday, just two months after the collapse of crypto exchange FTX stunned the financial world. The Federal… Read More ›
Day: January 4, 2023
Economists Predict UK’s Recession Will Be Nearly As Severe As Russia’s
Economists predict that the UK’s economic contraction in 2023 will be nearly as severe as Russia’s, as a sharp drop in household living standards weighs on activity. Goldman Sachs forecasts a 1.2% contraction in UK real GDP this year in… Read More ›