When markets opened later on Sunday, some investors were keeping an eye out for any fallout from a failed mutiny that occurred in Russia on Saturday. They anticipated a shift towards safe haven assets like U.S. government bonds and the… Read More ›
Geopolitics
UK Economy Falters, Yet There Is Still A Lot Of Pressure On Prices
According to a survey released a day after the Bank of England unexpectedly increased interest rates and signalled that it was prepared to take other steps to slow price growth, although Britain’s economy showed signs of slowing down this month,… Read More ›
‘Progress’ In Supply Chain With Soaring Jet Orders At The Paris Air Show
On Wednesday, Pratt & Whitney, a manufacturer of jet engines, noted “solid progress” in the aerospace supply chain, addressing a significant area of worry for aircraft manufacturers as they continue to tally orders at the Paris Airshow. Huge orders from… Read More ›
UK Economy Is In A “Doom Loop” As Investments By Businesses Falls Behind Its G7 Counterparts
Britain’s economy is stuck in a growth “doom loop,” according to the U.K.’s Institute for Public Policy Research, due to decades of underinvestment by the government and corporations. According to recent data from a left-leaning think tank, the U.K. has… Read More ›
The Goal Of Macron’s Paris Meeting Is To Revive The Global Finance Agenda
On Thursday and Friday this week, a summit is being hosted by French President Emmanuel Macron to lay out a plan for reducing the debt loads of low-income nations while freeing up more money for climate spending. In order to… Read More ›
IMF Developing Platform For Global Central Banks’ Digital Currencies
According to IMF Managing Director Kristalina Georgieva, the IMF is developing a framework for central bank digital currencies (CDBCs) to promote trade between nations. “CBDCs should not be fragmented national propositions… To have more efficient and fairer transactions we need… Read More ›
More Countries Are Affected By The Continued Toxic Syrup Risk, Claims The WHO
Toxic cough syrups continue to represent a hazard on a worldwide scale, the World Health Organisation (WHO) told Reuters, adding that it is now collaborating with six more nations than previously disclosed to track the potentially lethal children’s medications. After… Read More ›
Ford Chairman Says The US Can’t Yet Match China In The EV Sector
Bill Ford, the executive chairman of Ford Motor, claimed that the United States wasn’t yet prepared to compete with China in the manufacture of electric cars. “They developed very quickly, and they developed them in large scale. And now they’re… Read More ›
EV Startups Are Expected To Continue Their Explosive Rally
On Friday, electric vehicle startups Nikola and Lordstown Motors were poised to continue a ferocious share surge that had placed the cash-strapped businesses on course for substantial weekly gains. Since there has been no clear news or catalyst for the… Read More ›
Tesla’s China Growth Encounters A Roadblock Due To Oversupply In The Sector
The approval of China to develop 70 hectares (172 acres) of former farmland that is currently overrun with wildflowers is crucial to Tesla’s ambitious aim to increase auto production in Shanghai, its most valued facility internationally. Tesla may now be… Read More ›
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