British minister: ‘Inflation is the biggest enemy making everyone poorer’ | Economy

British minister: ‘Inflation is the biggest enemy making everyone poorer’ |  Economy

Brits spent 10.7% more on the cost of living in November than in the same month a year earlier. This means that UK inflation remains at a historically high level, although the pain has been slightly less than in October. According to the British Chancellor of the Exchequer Jeremy Hunt, this requires strong measures. In … Read more

Bitcoin hits $18,000 in US inflation report

Bitcoin hits ,000 in US inflation report

On background publications According to inflation data from the US Federal Bureau of Labor Statistics (BLS), the quotations of the first cryptocurrency have increased by 5% and have reached $18,000. Hourly BTC/USDT chart on Binance exchange. Data: TradingView. At the time of writing, Bitcoin is trading at $17,800, Ethereum is above $1,300. According to the … Read more

They arrest a second person involved in the murder of a lawyer in SLP

They arrest a second person involved in the murder of a lawyer in SLP

SAN LUIS POTOSÍ, SLP., December 13 (EL UNIVERSAL).- Investigative police officers have completed an arrest warrant against the second possible participant in the murder of a lawyer, in Ciudad Fernández, reported the Attorney General’s Office of the State (FGE). The events in which he is allegedly involved took place on November 12, 2022, in a … Read more

Will the central bank continue to raise interest rates? Real estate agent: if the interest rate is raised by half a meter, the ten million yuan loan will be paid one more month in a year

Will the central bank continue to raise interest rates? Real estate agent: if the interest rate is raised by half a meter, the ten million yuan loan will be paid one more month in a year

If Thursday decides to raise interest rates by half a meter, the mortgage interest rate will revert to the 2% era, and the last time the interest rate was 2%, it last appeared in January 2009. (Photo Source/Editorial Department of Xin Media) The meeting of the central bank’s board of directors and supervisors will take … Read more

FOMC Suggests Slower Rate Hikes, Higher Than Previously Expected End Point – Bloomberg

FOMC Suggests Slower Rate Hikes, Higher Than Previously Expected End Point – Bloomberg

The US Federal Open Market Committee (FOMC) will decide to slow the pace of interest rate hikes at its meeting on the 14th, but the terminal rate (the ultimate destination of interest rates) is expected to be higher than expected in precedence. As Fed Chairman Jerome Powell said, this is not an accommodative change, but … Read more

The war of electronic chips between Beijing and Washington.. China is preparing a trillion-dollar package to deal with US restrictions

The war of electronic chips between Beijing and Washington.. China is preparing a trillion-dollar package to deal with US restrictions

China is preparing a support package worth more than 1 trillion yuan ($143 billion) for its semiconductor industry, three sources said, in an important step towards achieving self-sufficiency in chips and to counter the moves US aimed at slowing down its technological progress. The sources added that Beijing plans to roll out one of the … Read more

Gold is down in morning trading

Gold is down in morning trading

Sequel – Muzaffar Ismail Global gold prices fell during today’s trading, by 0.03%, or the equivalent of $0.43, to reach $1810.26 an ounce. Gold futures for delivery in February 2023 fell 0.22%, or $4.05, to $1821.45 an ounce. Silver was also down 0.09% to $23.96 an ounce, while palladium was up 0.19% to $1938.5 and … Read more