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    Economy

    1086 posts
    • Economy

    World Bank report on poverty: 700 million people are surviving on less than $1.90 a day

    • October 20, 2024
    • admin
    A recent report from the World Bank highlights a pressing global issue: 8.5% of the world’s population—approximately 700 million people—live in extreme poverty, defined as surviving on less than $1.90…
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    • Economy

    Bank of Canada faces tough choice between 25 bps and 50 bps rate cuts

    • October 20, 2024
    • admin
    The Bank of Canada (BoC) is at a crossroads as it prepares for a pivotal decision next week regarding interest rates, with market expectations split between 25-basis points (bps) and…
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    Japan’s inflation cools for the first time in five months amid subsidies

    • October 18, 2024
    • admin
    Japan’s core inflation rate slowed in September, marking the first decline in five months, driven by government utility subsidies aimed at alleviating price pressures. According to data released by the…
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    Could Walmart’s tiny homes under $16,000 be the solution for affordable living?

    • October 18, 2024
    • admin
    In an unexpected twist for homebuyers, Walmart (WMT) is stepping into the tiny house market, providing affordable living options just as Amazon previously ventured into this space with trendy pop-up…
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    Yen slides past 150 per dollar: Japan on high alert for further declines amid economic uncertainty

    • October 18, 2024
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    Japan’s currency officials have issued a warning as the yen has dropped beyond the critical threshold of 150 per dollar, signaling the risk of additional declines despite potential intervention measures.…
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    China’s central bank launches $112 billion schemes to boost stock market

    • October 18, 2024
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    China’s central bank unveiled two new funding schemes on Friday, aiming to inject as much as 800 billion yuan ($112.38 billion) into its stock market. These initiatives, introduced by the…
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    Could an Italian-style tax regime prevent wealth exodus? UK’s ultra-rich non-doms think so

    • October 17, 2024
    • admin
    Foreign investors in the UK, including ultra-wealthy non-domiciled individuals, are advocating for an Italian-style flat-tax regime to prevent a significant outflow of wealth from the country. With the government’s budget…
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    Trump-endorsed WLFI cryptocurrency launch stumbles, raising just $11.8M amid technical hurdles

    • October 17, 2024
    • admin
    The launch of World Liberty Financial (WLFI), a cryptocurrency endorsed by Donald Trump, has encountered significant challenges, raising only $11.8 million within its first 24 hours—far short of its ambitious…
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    Are McKinsey’s 500 job cuts in China a response to legal challenges and market pressures?

    • October 17, 2024
    • admin
    In a significant restructuring effort, McKinsey & Co., the prominent US-based consulting firm, is poised to overhaul its operations in China, which includes laying off approximately 500 employees—roughly one-third of…
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    Goldman Sachs and Amundi back UK bonds ahead of Reeves’ debut budget

    • October 17, 2024
    • admin
    Goldman Sachs and Amundi are showing increasing confidence in UK bonds, a reflection of optimism that the new government will manage the country’s finances responsibly while aiming to stimulate economic…
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      Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


      By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.
      Popular Topics
      • Emerging market assets poised for gains as US dollar weakens, says BofA
      • FCA moves to lift retail ban on crypto ETNs to boost UK market competitiveness
      • What a war with President Trump could cost Elon Musk’s business empire
      • Trade war poses greater threat than COVID for emerging market central banks: IMF
      • RBI turns neutral after sharp rate cut; ING expects another easing later this year

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