UK finance minister and Bank of England work to contain SVB fallout
Britain’s finance ministry and the Bank of England are working together to minimize the disruption that could stem from a...
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Economy adds 311,000 jobs in February
The American economy gained more than 300,000 jobs in February. In a speech on Friday, President Joe Biden celebrated the...
What is a recession? UK narrowly avoids one despite flatlining economy
The UK economy expanded by 0.3 per cent in January, which was better than predicted, according to data released today...
Will UK, EU deepen ties after Northern Ireland breakthrough?
Amid the smiles and fanfare at the Windsor Guildhall as the Northern Irish border deal was unveiled, EU Commission President Ursula Von...
Why is Kenya running out of US dollars?
Kenya is facing an acute foreign exchange crunch, with US dollar reserves dropping to their lowest in eight years as...
Lebanon leans on US dollar to cope as currency, economy tank
BEIRUT (AP) — When Moheidein Bazazo opened his Beirut mini-market in 1986, during some of the fiercest fighting in Lebanon’s...
What next for UK equities?
Actively managed equity funds failed to perform relative to passive mandates in 2022 according to Morningstar, but the tide could be about to turn, according to that company’s European chief investment officer Mike Coop.Coop says 2022 was driven by two "generational events", the first being the end of the low interest rates era when Russia invaded Ukraine, and the second being the end of the innovation bubble in investment markets.But while he feels those are events of unusual significance in investment markets, he feels investors can learn lessons from recent history. He...
Bank of England’s chief economist admits UK economy is currently ‘stronger than anticipated’
Bank of England analyst says the UK economy is doing better than expectedHuw Pill said private sector pay growth has...
Major fears are sweeping into Israel’s economy
Investors increasingly worry that ratings agencies will cut Israel due to a serious political crisis.Massive protests have intensified as Israel's...
US economy sending mixed signals: Here’s what it all means
WASHINGTON (AP) — Maybe it was just too good to be true.For a few weeks in late January and early...
