Lebanon has recorded limited growth of 2 percent this year after a sharp contraction due to the economic collapse that has lasted for more than three years, interim prime minister Najib Mikati announced on Thursday. Despite this limited improvement, due to several reasons, the most important of which is the increase in transfers expatriates Tourism … Read more
The Bank of England decided at its meeting today, Thursday, to raise interest rates by 50 basis points to 3.5%, as planned, to counter inflation rates rising to record highs. The Bank of England is trying to fight inflation well above its 2% target and has hiked interest rates sharply over the past 12 months. … Read more
Stock indexes fell, for the second consecutive day, following the decisions of the central banks, all of which were extremely cautious despite the slowdown in inflation. Stock indexes plunge on the impact of central bank decisions The world stock exchanges, especially the European ones, today, Thursday, reacted negatively to the decisions of the European central … Read more