Economy

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Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm hup9 768x432 1

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Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm

Deja Williams 30.04.2023

This week, the Statistics Bureau of Japan unveiled the latest core consumer price index (CPI) report for...

China’s Inflation Rate Drops to Lowest in 18 Months yaunsss 768x432 1

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China’s Inflation Rate Drops to Lowest in 18 Months

Deja Williams 12.04.2023

The annual inflation rate in China has unexpectedly slowed down in March to its lowest level in...

Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’ jj78787rrr 768x432 1

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Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’

Deja Williams 06.04.2023

Roughly 26 days ago and in the following days, the U.S. witnessed two significant bank failures when...

Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now winning 768x432 1

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Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now

Deja Williams 03.04.2023

On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by...

First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B fcb 768x432 1

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First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B

Deja Williams 28.03.2023

According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired...

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