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15 July
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Increase in sentiment among American farmers registered, but costs and inflation are still major concerns
August figures of The Purdue University/CME Group Ag Economy Barometer index, which evaluates the health of the agricultural economic segment, rose to the level of 117, and it is 14 points higher than the July measurements.
7 September 2022
U.S. advanced technology companies are banned from building factories in China for 10 years
The Biden administration has banned U.S. technology companies that receive federal funding.
7 September 2022
Bank of Canada will continue to tighten monetary policy
As a measure to slow down the domestic economy and reduce inflation from four-decade peaks, the Bank of Canada is planning another increase in the key rate, the fourth in recent times.
7 September 2022
McDonald’s brings back memories with new fall treat
The McDonald’s company has updated its offer for the fall by adding a nostalgic treat to the menu. The company has reconsidered its own meal of more than thirty years ago, and the cheese Danish is back on the menu in the middle of September. A previous version of this pastry had been served at their restaurants for a short period of time in the 1980s.
7 September 2022
China's central bank takes measures to slow the yuan's fall
China's central bank has reduced the amount of foreign currency that banks must hold in reserve in an attempt to support the country's rapidly weakening currency.
7 September 2022
Porsche’s IPO is within reach
On Monday, the German vehicle trademark Volkswagen announced an initial public offering (IPO) of the iconic Porsche brand that is expected at the end of September — beginning of October. This would happen in case of a further development of the capital market.
7 September 2022
Gazprom initiated its liquefied natural gas production
According to Bloomberg News, liquefied natural gas production has recently begun by Gazprom. The first amounts were produced at a facility situated on the coast of the Baltic Sea not far from the starting point of the closed Nord Stream pipeline.
6 September 2022
Australia's central bank announced a 50 basis-point rate hike
Analysts' forecasts were fully justified: the Reserve Bank of Australia declared a new interest rate rise by 50 basis points. That is the fifth consecutive hike since May. The decision led to a seven-year rate maximum.
6 September 2022
Deutsche Bank warns of increased threat of “sterling crisis” due to Truss becoming PM
The day before, it became known that Liz Truss won the race for the Prime Minister post in Great Britain. She also succeeds Boris Johnson as the leader of the Conservative party after a long stand-off with Rishi Sunak, who previously served as the Minister of Finance.
6 September 2022
Inflation in New Zealand may have peaked, but a rate growth is still expected
Inflation in New Zealand peaked at 7.3% in the second quarter of the year.
6 September 2022
