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19 March
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Japan finance minister favors adoption of more spending measures
On Monday, Finance Minister Shunichi Suzuki said the government would take a responsible approach to conduct economic and fiscal policy. In addition to this, the head of Japan's Finance Ministry urged lawmakers to submit the extra $206 billion budget plan.
21 November 2022
The dollar strengthens amid growing fears of China about COVID
The week began with a rapid growth of the U.S. dollar. The positive dynamics of the currency occurred due to purchases of protective assets, as investors' concerns after a spike in cases of COVID-19 forced officials to tighten restrictions.
21 November 2022
Tesla recalls 321,000 automobiles in the U.S. due to problems with taillights
On Saturday, Tesla published an announcement about the recall of more than 321,000 cars in the United States. The reason is a problem with the taillights
21 November 2022
Air India in talks with Airbus and Boeing to buy planes, CEO says
Campbell Wilson, CEO of Air India, which is owned by conglomerate Tata Group, says he is currently in talks with Boeing and Airbus. Air India wants to get Boeing and Airbus aircraft. Moreover, it’s reported that Air India is successfully meeting its basic needs through aircraft leasing and repairs.
21 November 2022
There will be no soft landing of the economy — 92% of respondents are betting on stagflation
According to the most optimistic Wall Street estimates, the Federal Reserve will still be able to make a soft landing.
21 November 2022
Fed's Bostic favors a less drastic rate hike at the next meeting
On Saturday, the president of the Federal Reserve Bank of Atlanta, Rafael Bostic, noted that he was ready to speak out against rate hike of 0.75% at the next Fed meeting. He advocates slowing the pace of interest rate increases, with no more than 1 percentage point of hikes, to combat inflation.
21 November 2022
Gold price continues to decline early in the week
After closing below the $1,750 level last week, the price of gold is considered vulnerable, especially amid hawkish comments from the Fed and coronavirus problems in China strengthening the U.S. dollar.
21 November 2022
Bob Iger returns to Disney as CEO
Less than a year after retiring, Bob Iger returns to Disney as CEO.
21 November 2022
Serious leak of natural gas on a Pennsylvanian facility is liquidated
According to Equitrans Midstream Corp., the leak of natural gas that occurred at the Rager Mountain Storage facility in Jackson was liquidated on Monday. According to preliminary and conservative estimates, 100 MMcf/d had been bursting.
21 November 2022
China’s central bank reduces short-term liquidity for the first time in 8 days
On Monday, November 21, The People's Bank of China (PBC) reduced short-term liquidity from the banking system for the first time over the last eight days, as bond markets managed to rebound after the recent sell-off.
21 November 2022
