Inflation in the eurozone fell for the second month in a row in December, but analysts do not expect the European Central Bank to change its tone. According to preliminary Eurostat data released Friday, headline inflation, which includes food and… Read More ›
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 ›
According to a “evolution roadmap” seen by Reuters on Monday, the World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises, and will negotiate with shareholders ahead of April meetings on proposals… Read More ›
The Dogecoin Foundation has announced a new fund for Dogecoin Core developers in order to further promote the Dogecoin ecosystem in the coming year. The foundation announced on December 31 that it is allocating 5 million Dogecoin, which is approximately… Read More ›
The American economy could be in for a shock. According to data from a Wall Street Journal poll, financial experts believe the country will experience an economic downturn this year. Over two-thirds of economists at the Federal Reserve’s 23 major… Read More ›
On January 1, the United States will introduce incentives for delivery companies and other businesses to switch to electric trucks as part of a larger push to get polluting, workhorse vehicles off the roads and out of neighborhoods. The ground-breaking… Read More ›
This week saw a decline in European natural gas prices to levels not seen since before Russia’s invasion of Ukraine. In recent weeks, front-month natural gas futures on the Dutch Title Transfer Facility, the standard contract in Europe, fell to… Read More ›
Following a retreat from the area by reinsurers due to significant losses, ship insurers announced they are discontinuing war risk coverage throughout Russia, Ukraine, and Belarus. After being hit this year by losses associated with the conflict as well as… Read More ›
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC), a manufacturer of semiconductors, started mass producing its most cutting-edge chips on Thursday in southern Taiwan and said it would keep increasing its production capacity there. The long-awaited mass production of 3-nanometer chips has… Read More ›
Oil price cap may increase Russia’s budget deficit by 2023, according to F According to data released on Tuesday, Japanese retail sales increased for a ninth consecutive month in November as consumer demand was boosted by the removal of COVID-19… Read More ›
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