Browsing: Economy

Economy
Is the dollar done? – The Bull
We assess whether the freezing of Russia’s FX reserves could ultimately cool the dollar’s dominance as a reserve currency. Last month the Russian government missed a payment on a Eurobond because financial sanctions meant that it was unable to service its debt. Russia managed to evade a default by making a payment shortly before a ...
Economy
Klitschko will take part in the World Economic Forum in Davos
Read Time:1 Minute, 9 Second Kyiv Mayor, Chairman of the Association of Ukrainian Cities, Vitaliy Klitschko will take part in the World Economic Forum in Davos. This was reported by the Kyiv City State Administration. Vitaliy Klitschko and his brother Volodymyr will take part in the discussion in the framework of OpenForum, dedicated to ove...
Economy
Global Business Is Enduring a Synchronized Slowdown: Eco Week
Breadcrumb Trail Links PMN Business Author of the article: Bloomberg News Craig Stirling Article content (Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Days after global finance chiefs described the widespread economic fallout inflicted by Russia’s war in Ukra...
Economy
The impact of China’s lockdown on the U.S. economy
Following weeks of a city-wide lockdown, pandemic restrictions are slowly easing in Shanghai as subway and bus lines are beginning to reopen. While the lockdowns are having severe impacts on the Chinese economy, Richard Sicotte, an Associate Professor of Economics at the University of Vermont, explained how what transpired in China is impa...
Economy
‘I want the dollar not to break my 210 runs record’
Fakhar Zaman registered the highest score by a Pakistan batter in ODIs against Zimbabwe with a 156-ball 210 run knock in 2018. Fakhar Zaman. (Photo Source: Twitter) Pakistan cricketer Fakhar Zaman made a hilarious comment on the ongoing economic situation in his country in a recent interview. With Sri Lanka already struggling, Pakistan h...
Economy
Wilson aims to turn state economy around if elected as governor
In the running for state governor, Harry Wilson — a Republican seeking a spot on the ticket — says he is ready to turnaround the economy in the state, if elected. Taking a minute from the campaign trail this week, Wilson said that after announcing his run earlier this year, he would be ready to hit the ground running with a goal of running New Yor...
Economy
WH trumpets US growth topping China as inflation drags on Biden
The Biden administration touted a new analysis Friday suggesting America’s economic growth will exceed China’s for the first time since the 1970s — claiming it was an affirmation of the president’s policies despite broad frustration with high inflation. Bloomberg Economics published a report Thursday putting US GDP growt...
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