Russia avoided an economic debacle in the aftermath of President Vladimir Putin’s war in Ukraine, in what was an opening act of a slow-burning crisis that will play out in the years to come.Source:...
The US economy showed remarkable resilience at the start of the year, highlighting robust demand that’s keeping inflation elevated and heaping pressure on the Federal Reserve to stomp the brakes even...
16/02/2023
The deputy governor of Ukraine’s central bank woke early on Feb. 24 to a phone call from his mother, who was abroad. Her flight back to Kyiv had been cancelled. She’d also seen news reports that...
15/02/2023
Amazon chief executive Andy Jassy has vowed to double down on the company’s struggling grocery store business, despite recently announcing that its growth plans were on hold.Source: Financial Times
14/02/2023
Prices of US goods and services probably climbed last month at a pace that remains discomforting for consumers as well as for Federal Reserve policy makers seeking greater progress in their battle to...
13/02/2023
Cold, hunger and despair gripped hundreds of thousands of people left homeless after the earthquakes that struck Turkey and Syria three days ago as the death toll passed 20,000 on Thursday.Source:...
10/02/2023
Federal Reserve Bank of New York President John Williams said forecasts officials submitted in December are still a good guide for where interest rates are headed this year and that policy may need...
09/02/2023
Russia is seeking to spend its way out of the self-inflicted economic crisis that threatened to deliver the deepest recession of President Vladimir Putin’s more than two-decade rule.Source: Bloomberg
08/02/2023
Treasury Secretary Janet Yellen called the US economy “strong and resilient,” saying it remains on a path where a recession can be avoided.Source: Bloomberg
07/02/2023
Pension schemes that invested in liability-driven investment funds run by BlackRock and other managers are being advised to sell their holdings following last year’s gilt market turmoil.Source: ...
06/02/2023