ECB’s Newest Governor Warns of Danger From Inflation ‘Disease’ – Bloomberg
The European Central Bank’s newest policy maker has plenty to say on the danger of consumer prices running out of control during a war. Croatian...
Author : Nelli Avetisyan
Got video call fatigue? You may soon be able to send holograms of yourself through your phone – Euronews
Video calls have transformed the way we communicate but European operators are now testing what could be the future of our conversations: holographic calls. The...
Commercial Real Estate Sector Faces Risks As Financial Conditions Tighten
After taking a hit at the onset of the pandemic, the commercial real estate sector—properties primarily owned for investment purposes—has been on the mend. Prices...
World’s Central Banks Race to Raise Rates After Fed Increase – WSJ
Central banks around the world moved Thursday to combat the effects of a soaring dollar and rising inflation, joining the Federal Reserve in risking a...
What does the Bank’s interest rate rise mean for people’s finances? – The Guardian
The Bank of England has voted to hike interest rates by 0.5 percentage points to 2.25% – the seventh rise since last December. So what...
Bank of England lifts interest rates by 0.5 percentage points – The Financial Times
The Bank of England raised interest rates by 0.5 percentage points on Thursday, holding out the prospect of a further big increase in November, as...
US economic barometer drops for sixth month in a row, potentially ‘signaling a recession’ – CNN
A comprehensive gauge on the health of the US economy dropped in August for the sixth straight month, reinforcing concerns about a possible recession. The...
A global manufacturing slowdown suggests worse is to come – The Economist
“Is a global recession imminent?” asks a new report by the World Bank. The answer—that one very well might be—will not be a surprise to...
4-Day Workweek Brings No Loss of Productivity, Companies in Experiment Say – The New York Times
More than 70 companies in Britain are undergoing a six-month experiment in which their employees get a paid day off each week. So far, most...
In the Dollar We Trust
Despite rampant inflation and slowing growth, the US dollar keeps going from strength to strength. Since May last year, the greenback has risen by 28%...