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Money

US: Financial world celebrates slowing wage and employment growth in new jobs report

20/01/2023 - Leave a Comment

The drops in both new jobs and wage growth contained in a Department of Labor report released on Friday elicited cheers from financial world insiders. “This is a really terrific jobs …

US: Financial world celebrates slowing wage and employment growth in new jobs report Read More

Seen but never heard

18/12/202223/12/2022 - Leave a Comment

Caroline Knowles takes a look at the life of the modern-day Jeeves. The World Wealth Report (2021) reveals that the UK’s High Net Worth Individuals (HNWIs) – those with more …

Seen but never heard Read More

HSBC announces it will no longer finance new oil and gas fields – ShareAction response

16/12/2022 - Leave a Comment

(Wednesday 14th December) Responding to today’s announcement that HSBC, the UK’s biggest high street bank and one of the world’s biggest financers of fossil fuels, will no longer finance new …

HSBC announces it will no longer finance new oil and gas fields – ShareAction response Read More

GDP is getting a makeover

12/11/2022 - Leave a Comment

Pressure is mounting to downgrade GDP or improve it so economic growth is not the only game in town. The numbers are heading in the wrong direction. If the world …

GDP is getting a makeover Read More

UK economic outlook downgraded to ‘negative’ by rating agency

22/10/2022 - Leave a Comment

The UK’s economic outlook has been downgraded from “stable” to “negative” by the rating agency Moody’s because of political instability and high inflation. Moody’s said the change in outlook was …

UK economic outlook downgraded to ‘negative’ by rating agency Read More

IMF chief rebukes UK officials over ‘policy coherence’

14/10/2022 - Leave a Comment

International Monetary Fund Managing Director Kristalina Georgieva has rebuked the United Kingdom over its planned tax cuts, telling its finance minister and central bank chief that their policies should not be …

IMF chief rebukes UK officials over ‘policy coherence’ Read More

Why the US dollar’s supremacy is hurting the rest of the world

08/10/2022 - Leave a Comment

“In God We Trust” has been inscribed on all US paper and coin currency since former president Dwight Eisenhower mandated it in the 1950s. Americans generally believe in the afterlife, …

Why the US dollar’s supremacy is hurting the rest of the world Read More

Bitcoin in crosshairs as EU goes after non-green crypto

01/10/2022 - Leave a Comment

The EU wants to shame the world of crypto into greener practices — and Bitcoin is first in line. The world’s most popular crypto will likely fall under a scheme …

Bitcoin in crosshairs as EU goes after non-green crypto Read More

South Korea’s factory output falls in warning for global economy

01/10/202201/10/2022 - Leave a Comment

South Korea’s factory production fell for a second straight month in August, a warning sign for the global economy as it faces risks from the war in Ukraine to rising interest rates. …

South Korea’s factory output falls in warning for global economy Read More

Eurozone inflation hits record 10%, highest in the history of the euro

01/10/2022 - Leave a Comment

Inflation in the 19-member eurozone reached 10% in September, the highest it has ever been in the history of the common European currency, according to the latest flash estimate from …

Eurozone inflation hits record 10%, highest in the history of the euro Read More

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