The euro starts strong in July against the pound, but faces an increasingly difficult outlook

Eurozone CPI Burns, Supports Euro Market already bearish on UK and GBP But the euro could be on the verge of a sentiment downgrade As Barclays predicts a winter recession Berenberg agrees, citing the M1 money supply lockdown Image ©Adobe Images The euro strengthened in the first trading session of …

Read More »

In an impoverished hinterland of Brazil, inequalities are tackled with creativity and resilience

We cruise the clear waters of the Bay of All Saints towards Praia Grande on Ilha de Maré. This island in the state of Bahia, in northeastern Brazil, is home to a fishing community “quilombola”, or a rural settlement founded by descendants of slaves. Before arriving, we are greeted by …

Read More »

BRAIT PLC – BIHLEB – Availability of annual audited financial statements for the year 22 – SENS

BIHLEB – Availability of the FY22 Audited Annual Financial Statements Brait Investment Holdings LimitedRegistered in Mauritius as a Public Limited CompanyRegistration Number: 183308 GBCLEI: 8755004E9YEXF8GHCY56ISIN: MU0707E00002JSE Alpha Code: BIHLEBBond CFI: DCFUCRBond FISN: BRAIT/5.00 FXD BD 20241203(“BIH” or the “Issuer”) AVAILABILITY OF THE FY22 AUDITED ANNUAL FINANCIAL STATEMENTS Pursuant to paragraph …

Read More »

Crypto in my 401(k)? In a way, that makes sense, but on the other hand…

Spoiler alert: If you’re planning on skipping to the bottom of this article to find out if you should include crypto in your 401(k), you’ll be disappointed. There is no “yes” or “no” answer. What you invest in your qualifying retirement plan depends on your personal circumstances and how comfortable …

Read More »

Pune: Rs 1 crore pledged, trader sent game notes labeled ‘Children’s Bank of India’

A 52-year-old trader from Pune has been defrauded of Rs 35 lakh after three suspected fraudsters promised to give him Rs 1 crore in Rs 500 denomination of new series and instead gave him gambling notes marked as ‘Children Bank of India”. An FIR in the case was registered at …

Read More »

The Carr Report: Inflationary Prices Reduce Discretionary Income

by Damon Carr, for New Pittsburgh Courier During the week of this writing, I was out and about running errands. I decided to stop at a convenience store for a drink. I bought an Arizona Tea, half lemonade, half tea. It was rewarding for my taste and it quenched my …

Read More »

John Wall to sign with Clippers

Photo: Mike Wyke/Pool via USA TODAY Sports According to ESPN’s Adrian Wojnarowski, star guard John Wall plans to sign with the Los Angeles Clippers once he clears the waivers. In a buyout deal between John Wall and the Houston Rockets, Wall is expected to return about $6.5 million of his …

Read More »

Weekly waves: GBP/USD, US30 and Bitcoin

Dear traders, Our weekly Elliott Wave analysis reviews the GBP/USD 4-hour chart, the cryptocurrency Bitcoin 4-hour chart and the US30 daily chart. Bullish GBP/USD price swing in wave 4? The GBP/USD made a bullish swing of 500 pips. But despite the sharp rise, the price action is technically still in …

Read More »

Sebi’s new ETF rules are a game-changer for investors

On July 1, Sebi’s new rules for ETFs and passive funds come into effect. Having been in existence for a few decades, and with significant sums now committed to the passive ETF space by the largest pension fund EPFO ​​(also the largest single fund in the country), Sebi has formed …

Read More »

Direxion launches Breakfast Co – GuruFocus.com

First ETF to offer direct access to six popular agricultural commodities NEW YORK, June 1, 2022 /PRNewswire/ — Direxion (www.direxion.com), a leading provider of leveraged, inverse and thematic ETFs, today announced the launch of the Direxion Breakfast Commodities Strategy ETF (Ticker: BRKY), a one-of-a-kind exchange-traded fund offering exposure to the …

Read More »

NYSE-Powered ETF Leaders: Amplify’s Christian Magoon

As with many ETF issuers who sat down with NYSE’s Judy Shaw for ETF Leaders, powered by the New York Stock Exchange, Amplify CEO Christian Magoon quoted “The I Word,” aka inflation, as one of the biggest challenges facing investors in 2022. “Inflation is all over the news,” Magoon told …

Read More »

Le Promeneur, June 25, 2022: Events in the Alle-Kiski valley

Advertise your community events, fundraisers and club meetings for free in The Stroller. Send information at least one week in advance to vndnews@triblive.com or The Stroller, 210 Wood St., Tarentum PA 15068. Please include a daytime phone number. Saxonburg fire carnival opens Tuesday The Saxonburg Volunteer Firefighter Carnival will take …

Read More »

Russia and China set to develop new reserve currency

Russia and China are developing a new reserve currency with other BRICS countries, President Vladimir Putin has said. The basket currency would rival a US-dominated IMF alternative and allow Russia to expand its influence, an analyst has said. The dollar’s dominance is already eroding as central banks diversify into Chinese …

Read More »

Rupee and RBI: A match not made in heaven

We have all heard about the depreciation of the rupee against the dollar lately. At around 78.06, the rupee has depreciated by more than 5% over the past year. But the depreciation of the rupee is not something unheard of. Since 1991, the INR has constantly depreciated against the dollar. …

Read More »

Jed Hoyer’s latest comments have Cubs fans thrilled again

Contrary to what the overwhelming majority of Cubs fans look like, I’m not quite ready to send Jed Hoyer back to the sun. Not yet. I think we have to take a wait-and-see approach until the next offseason, see if the team takes meaningful and substantial steps to improve and …

Read More »

Three Ways to Look at Inflation

“Inflation” is a buzzword these days. No matter where you turn, inflation news is hard to miss. Even if you never pay attention to the news or go online, if you buy something, you will notice the higher prices. Whether at the pump, in the supermarket or elsewhere, there is …

Read More »

How Inflation Erodes The Value Of Your Money – Forbes Advisor UK

The inflation rate has made headline news in the last few months, reaching its highest level – 9% – in 40 years. Rising food and energy prices have contributed to the current squeeze on the cost of living, together with the Bank of England increasing interest rates to try to …

Read More »

Amber Heard was spotted shopping at TJ Maxx and people think she’s broke

I guess her lawyers weren’t lying when they said Amber Heard didn’t have the money to pay what she now owes Johnny Depp. Amber Heard was recently spotted out shopping for TJ Maxx with her sister, Whitney Henriquez. Now, there’s nothing wrong with TJ Maxx. I definitely shop there. But …

Read More »

Hong Kong SAR braves the elements and does well until the end

A poster celebrating the 25th anniversary of Hong Kong’s return to the motherland is seen on a bus in Hong Kong, June 15, 2022. [Photo by Zou Hong/China Daily] The 25th anniversary of Hong Kong’s return to China is being celebrated with great fanfare and cautious jubilation. However, in some …

Read More »

Hong Kong SAR braves the elements and does well until the end – Opinion

A poster celebrating the 25th anniversary of Hong Kong’s return to the motherland is seen on a bus in Hong Kong, June 15, 2022. [Photo by Zou Hong/China Daily] The 25th anniversary of Hong Kong’s return to China is being celebrated with great fanfare and cautious jubilation. In contrast, in …

Read More »

Hometown Heroes: ‘Friendship, love, truth’ – a guiding motto for Epsom’s David Lent

He can’t speak for the Freemasons, but when it comes to the Odd Fellows, David Lent of Epsom promises that there is no clandestine and infamous message hidden somewhere in the currency of the United States. The NEOFA (North East Odd Fellows Association) Camp Director has spent nearly 30 years …

Read More »

FY’23 budget: price protection and rationalization

Zaidi Sattar | Published: June 19, 2022 8:13:03 PM | Updated: June 19, 2022 8:23:17 PM Not every budget is a single policy document. For Bangladesh, the FY2023 budget is the culmination of more than 50 years of courageously tackling formidable development challenges to make the country a successful development …

Read More »

Introducing the Buna Payment Platform in the Middle East and Africa

Buna is the payment system that aims to transform the Arab world across the Middle East and Africa (MEA). But what is it exactly and how has it evolved? Property of the Arab Monetary Fund The Arab Monetary Fund (MFA) is a regional Arab organization headquartered in Abu Dhabi, United …

Read More »

Loyalty Ventures Inc. Provides – GuruFocus.com

DALLAS, June 08, 2022 (GLOBE NEWSWIRE) — Loyalty Ventures Inc. (LYLT), a leading provider of data-driven consumer loyalty technology solutions, today provided an update on its program developments AIR MILES Reward (“AIR MILES MILES”). The company disclosed that its segment of the AIR MILES Reward Program and AIR MILES sponsor …

Read More »

Dow drops nearly 200 points as US stocks fall in volatile trade

U.S. stocks fell late Friday morning with the Dow Jones Industrial Average down more than 200 points as markets headed for their worst weekly decline since the start of 2020. How are stock index futures traded? S&P 500 SPX, -0.15% fell 26.4 points, or 0.7%, to 3,640. Dow Jones DJIA …

Read More »

Speech by Paschal Donohoe after the Eurogroup meeting of June 16, 2022

I want to start by wishing you all a happy Bloomsday. Today, 100 years ago, James Joyce’s great masterpiece Ulysses was published in Dublin. To mark this special day in European and Irish literature, I presented each member of the Eurogroup with a copy of Ulysses in their own language. …

Read More »

Can black cops change police culture in Tampa?

When Wyche received the following August letter informing him of the conclusion of the investigation, he felt that a target had been placed on his back. Police officers who report their colleagues often face reprisals. Last year, USA Today reporters identified 300 examples of officers who had reported misconduct over …

Read More »

Biggest U.S. rate hike in nearly 30 years

This is an audio transcription of the FT press briefing podcast episode: Biggest U.S. rate hike in nearly 30 years Marc FilipinoHello from the Financial Times. Today is Thursday, June 16, and it’s your FT News Briefing. The Federal Reserve approves the largest U.S. interest rate hike in nearly 30 …

Read More »

Dollar eases ahead of Fed interest rate decision

NEW YORK, June 15 (Reuters) – The dollar fell slightly against a basket of currencies on Wednesday but remained close to a two-decade high hit in the previous session as traders awaited a rate decision. interest from the US Federal Reserve later in the session. An ad hoc policy meeting …

Read More »

Where is the Muslim community going?

Hyderabad: Not so long ago, the royal city of Hyderabad was famous for its communal harmony, generosity and spirit of helping one another in times of adversity. But sadly, an evil eye has cast its spell as the city has been making headlines lately for all the wrong reasons. Three …

Read More »

Defusing debt risks – Opinion

Collective actions are needed to maintain financial stability in Asia SONG CHEN/CHINA DAILY Asian developing countries are facing a serious debt situation. The current debt-to-GDP ratio of developing countries in Asia is much higher than the international red line for developing countries of 60%. According to the International Monetary Fund, …

Read More »

The Social Security bill would give seniors an additional $2,400 a year. Here’s how it would work.

Seniors and other Social Security recipients in the United States are being hit hard by inflation, which has outstripped their benefit increases this year. Now, some lawmakers have a plan to increase Social Security payments by $2,400 per beneficiary per year, while bolstering the program financially. The law on the …

Read More »

The opportunistic window is rapidly shrinking for businesses

Call it deliberate optimism, but some bankers are still mulling the possibility of a deal in the corporate market before the Federal Reserve makes its final rate announcement. No company has issued since June 8, when Merck, A2A and Duke Energy raised a total of 2.7 billion euros. A bank …

Read More »

Fixed-income securities, rates and currencies: disappearance of safe havens | Features

Risky markets have had a torrid time lately. “Risk-free” government bond markets offer no safe haven in these storms, with steepening curves and considerable volatility in longer rates. It seems clear that the U.S. Federal Reserve, charged with a dual mandate, is prioritizing fighting inflation over achieving maximum employment, which …

Read More »

The US dollar and Russian ruble are trading at all-time highs as currency markets remain unaffected by inflation concerns

As broader financial markets worry about inflation and possible further tightening, the U.S. dollar hit its highest level since November 2002. Specifically, the trade-weighted U.S. dollar index hit a 20-year high, an index that measures the performance of the dollar against a basket of other currencies, including the euro, yen …

Read More »

EUR/USD nears yearly low with Fed rate hike at hand

EUR/USD Rate Talking Points EUR/USD is trading towards a new monthly low (1.0400) as it extends last week’s series of lower highs and lower lows, and the exchange rate looks set to test the yearly low (1.0349) as the Federal Reserve is widely expected to apply higher interest rates on …

Read More »

The European Central Bank is trapped. Here’s why.

Several of the major central banks are caught in a trap of their own making. This includes the US Federal Reserve, Bank of Japan, European Central Bank and others. The credit-based global financial system that we have built and participated in over the past century must continually grow or die. …

Read More »

“More aggressive” Fed tightening on pressure on the rupiah, already at an all-time low; 80 per likely dollar

Record rupee at even lower level; 80 per dollar not too far The rupee fell to a new all-time low of 77.93 against the dollar on Friday amid expectations of aggressive tightening from the US Federal Reserve after data showed inflation hit a more than four-fourth high. decades. “A phrase …

Read More »

Hotel Stocks: It’s time to check hotel stocks; Indian Hotel, Lemon Tree could yield 26-30% in 1 year; here’s why

The hospitality sector is poised for robust growth over the next few quarters thanks to a strong recovery in the Leisure segment, improved traction in business travel, a recovery in international travel and improved MICE (meetings, incentives, conferences and exhibitions) activity. The hospitality industry has seen an upturn in demand …

Read More »

India’s foreign exchange reserves fall to $601 billion after two consecutive weekly increases

Data provided by RBI showed that India’s total foreign exchange reserves stood at $601.057 billion in the week ending June 3, 2022, down $306 million from $601.363 billion. dollars the previous week. Meanwhile, foreign currency holdings decreased by $208 million in the week under review to $536.779 billion from $536.988 …

Read More »

Investing by hedging: A safe bet to save in a context of runaway inflation – EXPLAINED

Inflation rates in India have reached unprecedented levels. Annual inflation was 6.95% in March 2022, the highest since October 2020. Higher-than-expected inflation prompted the government to resort to calibrated measures to rein in prices and the RBI to raise the key rate . twice in just 36 days. The high …

Read More »

Speaker Mayor Adams Reaches Quick Deal for a Balanced and Responsible Budget for Fiscal Year 2023 – Harlem World Magazine

New York City Mayor Eric Adams, New York City Council Speaker Adrienne Adams, New York City Council Finance Chairman Justin Brannan and City Council members. Today announced an agreement for an early and balanced municipal budget for fiscal year 2023 (FY23). The budget protects the city’s fiscal health by building …

Read More »

Inflation fuels fears of foreign exit

Inflation fuels fears of foreign exit Rate hikes could cause an exodus from the market Stock analysts expect foreign funds to exit the Thai stock market after inflation hit a 13-year high of 7.1% in May as the Bank of Thailand faces rising prices, to potential increases in interest rates …

Read More »

Why Zimbabwe’s De-Dollarization Road Failed

The Zimbabwean government has announced measures to promote wider use of the national currency (Zimbabwean dollar) in a last-ditch effort to save it from the onslaught of re-dollarization. Part of the measures now oblige businesses and individuals to pay customs and import duties in local currency using the interbank rate …

Read More »

The Tiny Shelter Monopoly – The Outsider

AOn June 6 at 10:44 a.m., Julia was no longer welcome at the Interbay Tiny House Village. But in a twist later that day, the Low Income Housing Institute (LIHI) cleared her to return to her shelter. Although she’s inside now, the hours between those two decisions were marked by …

Read More »

Lightning In A Bottle is a sanctuary where all are welcome

Photo credit: Six Degrees Creative This year’s edition of Lightning In A Bottle has proven to be the most vibrant yet, with a unifying community bound together by a love of music and art. There’s your mundane music festival, then there’s a transformational experience holding a piece of heaven for …

Read More »

ECB to firm up plans to deal with tensions in bond markets

The European Central Bank is set this week to step up its commitment to support debt markets in vulnerable eurozone countries if they are hit by a selloff, as policymakers prepare to raise rates for the first time in over a decade. A majority of the board’s 25 members are …

Read More »

The risks of a stronger dollar

Volatility in US stock and bond markets stemming from the Federal Reserve’s monetary policy tightening spilled over into global currency markets, with the US dollar surging against its global rivals. So far this year, the dollar is up around 6.5% against a basket of other major currencies, having recently given …

Read More »

EUR/USD under pressure in key resistance, focus turns to ECB

EUR/USD is starting flat in the open, licking wounds from Friday’s selloff. The ECB will be at the center of concerns in the coming week. At 1.0721, EUR/USD is stable early in the day ahead of what could be a busy week with the European Central Bank underway and with …

Read More »

5 people arrested as police stop gang circulating counterfeit notes in Jagtial

Posted: Date Posted – 7:15 PM, Sun – Jun 5, 22 Representative picture Jagtial: Jagtial police broke up a counterfeit money circulation gang and arrested five of its members. Counterfeit notes worth Rs 15 lakh and original banknotes worth Rs 3 lakh were recovered. Producing the accused to the media …

Read More »

U.S. Dollar Rising After U.S. Job Growth Beats Expectations

The U.S. dollar edged higher against a basket of currencies on Friday after a better-than-expected U.S. jobs report indicated a tight labor market that could lead the U.S. Federal Reserve to opt for interest rate hikes. interest. Nonfarm payrolls increased by 390,000 jobs last month, the US Department of Labor …

Read More »

Russia consolidates gains on territory seized from Ukraine

A woman runs from a burning house after a shelling in Donetsk, in the territory under the control of the government of the Donetsk People’s Republic in eastern Ukraine (Alexei Alexandrov/AP) Russia seems increasingly unwilling to give up the territory it took in the war with Ukraine. The ruble is …

Read More »

Myles Truitt Parents, Ethnicity, Wiki, Biography, Age, Height, Siblings, Girlfriend, Net worth and more

Myles Truit (born February 1, 2002, age: 20 years oldlisten)) is a popular American actor who began his acting career as a teenage entertainer. He is also famous with another name like B-Mickie due to his famous role in the (Black Mafia Family) TV series “BMF”. In 2022, he gets …

Read More »

Avoid the current crypto bear market with Gnox Token (GNOX) and Ripae Finance (PAE)

The bears have tightened their grip on the cryptocurrency market, causing increased volatility and extreme selling pressure for investors. Major crypto tokens have lost up to two-thirds of their value from their all-time highs. The previous crash has shaken investor confidence in various crypto segments. However, market participants are bullish …

Read More »

To dollarize or not to dollarize?

Melody ChikonoLAST week the Zimbabwe Independent hosted a “The Great Debate” event to discuss differing views on the currency issues facing the economy. As inflation hit 131.7% in May, a number of people are calling for a single currency, opting for the US dollar which they say preserves value. Economists …

Read More »

US, Taiwan to deepen trade ties, plan June meeting in Washington

Placeholder while loading article actions The United States and Taiwan have unveiled a new plan to deepen trade relations with a focus on ending forced labor and ‘harmful non-market policies and practices’ as Washington and Beijing vie for influence in the region . The plan – known as the US-Taiwanese …

Read More »

Budgeting for life and livelihoods

Over the past two years, many expected the budget to be crafted with three perspectives in mind: the economics of people’s lives and livelihoods; ethical aspect regarding the legalization of black money at a significantly reduced tax rate, without any questions or penalties; and the need to think outside the …

Read More »

Elkins man charged with keeping drugs in warehouse | News, Sports, Jobs

Cave ELKINS – An Elkins man has been arrested and charged with keeping drugs and cash in a warehouse. Joshua Ervin Cave, 42, was charged with possession with intent to deliver (methamphetamine) and possession with intent to deliver (heroin). He is being held at Tygart Valley …

Read More »

What is a BAT or Basic Action Token?

BAT is a token that can be used to make an action more efficient. BAT is a small reward that you can use to increase the efficiency of your action in the game. BAT are most commonly earned by playing cards, but some cards will allow you to earn them …

Read More »

Hong Kong IPOs raise over $82.8bn after national security law: finance chief

HKEX file photo Hong Kong’s national security law, which came into force on June 30, 2020 following protracted social unrest the previous year, has further cemented the city’s role as an international financial hub, Secretary Paul Chan finance from the Hong Kong Special Administrative Region (HKSAR), said on Sunday. Writing …

Read More »

Moody’s confirms Kuwait’s A1 rating

Moody’s Investors Service (“Moody’s”) has affirmed the Government of Kuwait’s long-term local and foreign currency issuer rating at A1. The outlook remains stable. The decision to affirm the ratings is supported by Moody’s assessment that Kuwait’s balance sheet and fiscal reserves will remain strong for the foreseeable future, which preserves …

Read More »

Fed won’t flinch as labor market begins to falter: Eco Week

(Bloomberg) – The upcoming U.S. jobs report is expected to show that the labor market, while still tight, may begin to transition to more moderate payroll growth from outsized monthly advances. Payrolls likely rose by around 325,000 in May after rising by 428,000 in each of the previous two months, …

Read More »

RBI’s forex asset basket widens amid uncertainty

TNN Mumbai: The Reserve Bank of India (RBI) will explore portfolio diversification through new asset classes and new markets for managing foreign exchange reserves, the central bank has said. In FY22, the RBI added 61.6 metric tons (MT) of gold, whereby its total gold holdings increased to 760 MT. The …

Read More »

Southern Ukraine holds the key to Putin’s dreams of a new Russian empire

The biggest European battles since World War II are currently raging in eastern Ukraine. However, with international attention firmly focused on the monumental Battle of Donbass, the ultimate outcome of the Russian-Ukrainian war is likely to be decided hundreds of miles to the south. When the war began on February …

Read More »

Empowering businesses to help the poor

A An English folk fairy tale tells us of an old woman living in what must have been a gargantuan shoe with her twelve exuberant children. As far as fairy tales go, thirteen people cramped in a giant shoe isn’t too much of a stretch. However, this story may not …

Read More »

Improving Japanese Yen outlook weighs on USD/JPY, GBP/JPY and others

Emerging Consensus Suggests USD/JPY Has Peaked Faltering Risk Appetite and Economies Take the JPY Short Could keep GBP/JPY, AUD/JPY and others on their feet Image © Leonid Andronov, Adobe Stock The yen hit month-to-month highs against the dollar this week, but a brighter outlook for the Japanese economy and currency …

Read More »

NZD/USD struggles near 0.6500 and back towards 0.6460, despite risky mood

NZD/USD is back to weekly highs at 0.6518, although the RBNZ raised rates on Wednesday. The Fed minutes confirmed that all participants were in agreement on increases of 50 basis points for the June and July meetings. NZD/USD Price Prediction: A “bearish harami” in the daily chart is looming, once …

Read More »

Innovative crypto stablecoins – still infancy and experiencing growing pains

Gold-plated souvenir cryptocurrency Tether (USDT), Bitcoin and Etherium coins arranged next to a … [+] screen displaying a trading chart. – Tether (USDT) is an Ethereum token known as a stablecoin that is pegged to the value of the US dollar, and is currently the largest stablecoin with a market …

Read More »

Sri Lankan PM takes on dual role to save country from debt

Colombo: Sri Lanka’s new prime minister, Ranil Wickremesinghe, will also serve as finance minister and lead bailout talks with the International Monetary Fund. Wickremesinghe held talks with foreign envoys, including from India, China and the United States, and discussed with representatives of the Asian Development Bank and the World Bank …

Read More »

The rupee up 5 ps at 77.52 against the dollar amid a firm trend in domestic equities

The rupee appreciated 5 paise to 77.52 against the US dollar in Wednesday’s opening session as the firm trend in domestic equities boosted investor confidence. However, soaring global crude prices and relentless foreign capital outflows have limited the local unit’s appreciation bias, traders said. On the interbank exchange, the …

Read More »

Cryptocurrency is trying to regain your trust

Trust in the cryptocurrency industry has been fractured more than ever during the current crypto crash, in which investors have lost an estimated $800 billion in less than two months. The industry is trying to rebuild its reputation with the cement of “transparency,” a buzzword that is currently everywhere. The …

Read More »

Indigenous Families Receive Food Baskets – MissionNewswire

Operation Mato Grosso provides 300 food baskets to indigenous Xavante families BRAZIL (MissionNewswire) Operation Mato Grosso, led by the Salesians, with the help of Italian benefactors, provided 300 baskets of food to the indigenous Xavante families in the villages of Campinápolis, Brazil. Operation Mato Grosso is led by Vanderlei Miranda …

Read More »

Crypto Exchanges Grapple With Aftermath of Bankruptcy Filing | Patterson Belknap Webb & Tyler LLP

In the world of cryptocurrency, exchanges act as intermediaries allowing investors to buy and sell assets while earning money through commissions and transaction fees. All assets purchased may be held in non-custodial or custodial wallets. If a client chooses a custodial wallet, the platform holds and manages the assets via …

Read More »

Russia’s transport minister says sanctions have ‘virtually broken all’ logistics corridors for trade

It has been almost three months since Russia invaded Ukraine – a 12-week period in which Russian forces wreaked havoc on the country and its people, resulting in widespread death and causing millions to flee of people. But the invasion was not the army success that Moscow hoped for, and …

Read More »

My Town – Handicrafts and Herbal/Organic Products in Monsoon Brand Nepal 2022 Carnival Edition

Kathmandu, Whether you want to give gifts to your loved ones or want to treat yourself, handicrafts must be your first choice. So when you visit The Brand Nepal 2022, today, you will see many Nepalese handicraft brands waiting for you. Organized by Radio Nagarik, you can see the following …

Read More »

ED turns to Polad for cost-effective solutions

President Emmerson Mnangagwa BY MASAU PROBLEMEMBATTLED President Emmerson Mnangagwa has turned to members of the Policy Stakeholders Dialogue (Polad) to help him stop the economic turmoil characterized by soaring prices of goods and services. Speaking after meeting Polad directors at State House on Thursday, Mnangagwa acknowledged the country was in …

Read More »

As supply rises and mortgage rates rise, U.S. home sales fall to lowest since June 2020, plunge in coastal California metros

Sales at the top are strong. The bottom falls in the rest of the market. “Rising interest rates and rising house prices have lowered demand for housing.” By Wolf Richter for WOLF STREET. In the United States, sales of used homes – houses, condominiums and townhouses – fell 2.4% in …

Read More »

Lebanon unlikely to comply with Interpol’s request to hand over Carlos Ghosn to French authorities

AMMAN: The Jordanian army announced that it had killed four people who were trying to smuggle “large quantities” of drugs into the country from Syria. A Jordanian Armed Forces source said troops on Jordan’s eastern border with Syria opened fire on people trying to infiltrate the kingdom, killing four and …

Read More »

Moscow will build new military bases on the Western front in “response to NATO”

Jhe United States and Russia blamed each other on Thursday for the worsening food situation around the world as the war in Ukraine unfolds. Washington has called on Russia to allow Ukrainian grain exports stuck in Black Sea ports. Ukraine is one of the world’s leading producers of wheat. “Stop …

Read More »

Analysis: The pain of food inflation puts emerging markets between a rock and a hard place

LONDON/ISTANBUL/CAIRO: As with millions of people in developing and emerging countries around the world, buying basic foods has gone from a necessity to a luxury for Selcuk Gemici. The 49-year-old, who works at a car repair shop in Turkey’s biggest city, Istanbul, and lives with his wife and two children …

Read More »

Stocks tumble after retail giants sound stagflation alarm

Bond markets rallied on the dive for safety and on bets that interest rate hikes could be recalibrated, but it was gloom that hit stocks after Wednesday wiped out $25 billion from the shares of US retail giant Target which topped the stock. [.N] Wall Street, which haemorrhaged $1.5 trillion …

Read More »

XAU/USD Benefits from Softer Dollar, Lower US Yields and Visual Test of 200DMA

Gold is higher amid risky flows, a weaker dollar and weaker US yields. XAU/USD is again eyeing a test of its 200-DMA around $1,837. Spot gold prices (XAU/USD) are trading around $1,830 per troy ounce and are eyeing a test of the 200-day moving average again around $1,837, after gaining …

Read More »

Dollar breaks Tk 100, but still ‘hard to find’

Many people who visited banks and exchange offices in Dhaka for the dollar on Tuesday could not find one as its price on the open market rose by at least Tk 5 to Tk 102, the highest rate in the history of Bangladesh, according to traders from Gulshan, Gulistan, Paltan …

Read More »

Start of sales in the South American district of Minsk World. The best prices are now!

Do you want to protect your savings from inflation by investing in luxury real estate, the hardest currency of our time? Welcome to the new South American district of the Minsk World multifunctional complex where sales begin in the new comfortable homes Buenos Aires, Havana, Caracas soon. The prices are …

Read More »

Protect your portfolio against recession with XHYD

IIs the US economy headed for a recession? Many Wall Street analysts and industry veterans seem to think it’s a very real possibility, including former Goldman Sachs CEO Lloyd Blankfein. Speaking with “Confront the Nationon CBS News on Sunday, Blankfein said there was a “very, very high risk” that the …

Read More »

The upward pressure on prices will continue in all sectors; Know why

Inflation is becoming one of the hottest topics in the country, with CPI growth figures hitting their highest level in eight years in April. Now, rising retail inflation has also started to be reflected in product MRP across all segments. FMCG products, such as soap, shampoo and cookies, manufactured items …

Read More »

Carol Perry: Uncertainty causes anxiety

Carol Perry By Carol Perry Sunday, May 15, 2022 I got a license to trade securities in 1990 with IDS financial services, but only stayed there briefly due to my dislike of cold calling.I applied for a job with Bank of America Investment Services during a campaign to increase female …

Read More »

The IMF increases the weighting of the dollar and the yuan in the basket of the SDR

The International Monetary Fund (IMF) raised the weighting of the dollar and Chinese yuan in its basket of special drawing rights (SDRs) following a review of the currencies that make up the international reserve asset. The IMF raised the weighting of the US currency to 43.38% from 41.73% and that …

Read More »