It’s no longer news that the world is fast shifting from hard currency and centralised finance to digital currency and Defi. Still, not all financial institutions have embraced cryptocurrency, and
European Central Bank cuts interest rates
The European Central Bank (ECB) has reduced interest rates for the fourth time this year, simultaneously lowering its growth forecast for the eurozone amid political instability in its two largest
Lagarde warns that Trump poses a threat to the eurozone
Christine Lagarde has warned that a second Trump presidency could pose a risk to the eurozone economy, as the European Central Bank (ECB) cut interest rates for the third time
Deutsche Bank Plans to Cut 3,500 Jobs
Deutsche Bank is set to eliminate 3,500 jobs in the coming years as the benefit of increased earnings from higher interest rates starts to diminish.
Lagarde Receives ‘Poor’ Rating from European Central Bank Staff Members
Christine Lagarde faces allegations of leveraging her role at the European Central Bank for personal political gains, according to a staff backlash reported by Politico.
Recession alarm bells ring for eurozone as UK bounces back
At the end of last year, private sector companies in Britain experienced a significant upturn, contrasting with the recessionary pressures facing businesses in the eurozone, as indicated by recent survey
U.S. government is on the brink of a shutdown due to an escalating dispute over budget expenditures.
Goldman Sachs has sounded the alarm that the U.S. government might head towards a federal shutdown later this year due to intense disagreements among Republicans regarding substantial spending cuts.
Christine Lagarde Gears Up to Criticize Italy over its unexpected €3bn bank tax
The European Central Bank (ECB) is gearing up to criticize Italy over its unexpected windfall tax on banks, amidst growing tension between Christine Lagarde, the ECB’s President, and Italian Prime
Wall Street banks face hefty penalties due to WhatsApp messaging.
Wells Fargo and BNP Paribas are set to pay multi-million-dollar fines due to their staff’s use of unofficial platforms like WhatsApp for business purposes.
Russian army needs a decade to rebuild
More than a year prior, under the guise of common mobs, Russian forces launched a brutal assault on Ukrainian towns and cities, which resulted in a horrifying array of atrocities
UK bypasses Putin as gas prices reach a two-year low
Britain has successfully completed an entire year without importing any Russian gas, striking a significant blow to Vladimir Putin’s energy warfare.
Analysts predict a £1,200 decrease in the UK’s household energy price cap coming July.
Analysts anticipate a substantial drop of over £1,200 in the UK’s household energy price cap in July. This is due to a significant decline in wholesale gas and electricity prices,