Categories Business Trading in US banks halted as financial panic spreads Posted on Posted onMay 8, 2023May 8, 2023By Editor More regional lenders have seen their shares plummet, prompting regulators to intervene. … Read More >Trading in US banks halted as financial panic spreads
Categories Business Investors flock to gold as US banking crisis rages – JPMorgan Posted on Posted onMay 8, 2023May 8, 2023By Editor Demand for the precious metal, which is considered a safe haven in times of financial or political turmoil, has been growing. … Read More >Investors flock to gold as US banking crisis rages – JPMorgan
Categories Business Pakistan switching to yuan to buy Russian oil – media Posted on Posted onMay 7, 2023May 7, 2023By Editor The nations agreed a major oil deal earlier this year. … Read More >Pakistan switching to yuan to buy Russian oil – media
Categories Business Over 2,000 US banks are insolvent – Telegraph Posted on Posted onMay 7, 2023May 7, 2023By Editor The US banking sector has recently been hit by a major crisis. … Read More >Over 2,000 US banks are insolvent – Telegraph
Categories Business South American nations seek to avoid dollar Posted on Posted onMay 4, 2023May 4, 2023By Editor Brazil could extend a line of credit to debt-laden Argentina in mutual trade. … Read More >South American nations seek to avoid dollar
Categories Business Dollar being ‘gradually abandoned’ – IMF boss Posted on Posted onMay 3, 2023May 3, 2023By Editor Kristalina Georgieva says there are no viable alternatives for a global reserve currency. … Read More >Dollar being ‘gradually abandoned’ – IMF boss
Categories Business US could default by next month – Treasury Posted on Posted onMay 3, 2023May 3, 2023By Editor The nation officially hit its $31.4 trillion debt ceiling in January. … Read More >US could default by next month – Treasury
Categories Business Russia’s richest gain billions in new wealth – Bloomberg Posted on Posted onMay 3, 2023May 3, 2023By Editor The nation’s wealthiest tycoons have reportedly seen their fortunes grow by $16 billion this year. … Read More >Russia’s richest gain billions in new wealth – Bloomberg
Categories Business Russian gold production soars Posted on Posted onMay 3, 2023May 3, 2023By Editor Western sanctions have led to increased demand for safe-haven assets in the country. … Read More >Russian gold production soars
Categories Business Bank of Russia raises economic forecast Posted on Posted onMay 3, 2023May 3, 2023By Editor The regulator expects the country’s GDP to increase by up to 2% this year and return to 2021 growth levels next year. … Read More >Bank of Russia raises economic forecast