Diego Labat, the head of Uruguay’s central bank, is content. The country is spearheading a regional pivot towards interest rate relaxation, the inflation rate is
Category: WORLD NEWS
Climate change: Combating AIDS, TB, and malaria hampered by extreme weather and conflict.
The chairman of the Global Fund to Fight AIDS, Tuberculosis, and Malaria has warned that climate change and violence are hampering efforts to combat three
U.S. big banks cave into the Fed’s high interest rates and cost pressures by reducing staff.
Heavyweights in the banking industry, including Goldman Sachs and Morgan Stanley, have made a number of layoff announcements this year as part of a cost-cutting
Brexit fallout: Italy’s FinecoBank ceases operations in Britain.
The board of Italy’s FinecoBank recommended the closure of the company’s operations in Britain on Friday due to regulatory challenges brought on by the nation’s
U.S. Central Bank lost over $100b in 2022 as interest rate hikes reach 5%.
Federal Reserve losses now exceed $100 billion, according to figures from the central bank disclosed on Thursday, and they’re certain to rise significantly more before
Global hunger hits 700m people – UN chief.
Over 700 million people worldwide are suffering from a hunger crisis that leaves them unsure of when or if they will be able to eat
Global warming: US to create resilient cities and improve access to nature with $1b tree planting program.
Under a government program designed to lessen excessive heat, promote health, and increase access to nature, hundreds of communities throughout the nation will split more
Softbank Arm achieves biggest IPO valuation of $54.5b since late 2021.
The largest initial public offering of shares in over two years will take place on Thursday when Arm Holdings, a British chip manufacturer, begins trading
China’s multi-billion dollar electric vehicle subsidies harming Europe’s economy. – Ursula.
The executive branch of the European Union announced on Wednesday that it is opening an investigation into Chinese subsidies given to manufacturers of electric vehicles
U.S. to stop free mining of copper and gold in bid to produce critical minerals for EVs.
The 151-year-old legislation that controls mining for copper gold, and other hard rock minerals on U.S.-owned lands is being modified by the Biden administration. One
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