Each week, we report instances where the money junky hedge funds, private equity groups and the already big companies...
Archive for category: TRENDS ON THE GLOBAL ECONOMIC FRONT
RATE HIKES ENCIRCLE THE GLOBE The world’s central banks collectively added almost 1,200 basis points, or 12 full percentage...
AP Moller-Maersk, the Danish shipping company that moves 17 percent of the world’s seagoing cargo, reported its 15th consecutive...
In July, inflation in Turkey edged up to 79.6 percent from 78.6 percent in June and has further to...
After setting a record pace in 2021, the number and value of mergers and acquisitions are at their lowest...
Hong Kong has entered its second recession in three years. Economists surveyed by Bloomberg had predicted Hong Kong’s economy...
Europe increased its imports of Russian diesel fuel by 22 percent in July, year over year, to almost 700,000...
To ease inflation’s pressure on households, Poland’s government is allowing homeowners to skip mortgage payments for up to four...
In June, retail sales in Germany fell by 8.8 percent, year over year, their fastest annual rate of decline...
Global food prices fell the most since 2008 as Ukraine began shipping some grain again after a U.N.-brokered deal...
Inflation and interest rate hikes are causing companies in many sectors to lay off employees. To illustrate the employment...
Each week, we report instances where the money junky hedge funds, private equity groups and the already big companies...
EUROZONE INFLATION SETS ANOTHER RECORD IN JUNE Inflation across the 19 Eurozone countries climbed to 8.9 percent in July,...
Qualcomm, one of the world’s chief suppliers of computer chips for mobile phones, trimmed its sales forecast for this...
Bangladesh became the latest Asian nation to ask the International Monetary Fund (IMF) for aid in recent weeks as...
The value of Pakistan’s rupee plunged 7.6 percent last week to 228 to the dollar, its lowest in more...
Russia’s economy has been harmed less than expected by Western sanctions that were imposed as punishment for its attack...
On 28 July, the European Central Bank (ECB) ended eight unbroken years of negative interest rates by boosting its...
Business activity in the 19-country Eurozone contracted in July for the first time since February 2021, according to S&P...
Germany’s economy, Europe’s largest, stalled in this year’s second quarter as international trade slowed under China’s anti-COVID lockdowns and...