The COVID-19 pandemic has shaken up the global economy in ways that were previously unimaginable. One of the most affected sectors has been the property market, which is now facing a reckoning in Britain. Many experts believe that the house price plunge has only just begun, and that the consequences of the pandemic will be … Read more
In order to promote access to formal financing for the most vulnerable population in the country, expanding the offer of credit products for the productive sectors, the Ministry of Finance published a regulatory project that would modify Decree 2555 of 2010, to determine the modalities of credit whose interest rates must be certified by the … Read more
In recent months, former Brazilian President Luiz Inácio Lula da Silva has been steadily increasing in popularity, surpassing current President Jair Bolsonaro in approval ratings. This comes as a surprise to many, given the controversies surrounding Lula’s previous terms in office, including corruption charges and imprisonment. Despite this, the Brazilian people seem to be rallying … Read more
The exchange rate of the dollar maintained its stability in the Egyptian market, at a somewhat balanced level, and rose slightly to 30.83 pounds per dollar, given last Thursday’s transactions, which recorded 30.85 pounds. Globally, the dollar index, which measures the performance of the US currency against six major currencies, fell to 0.604%, while traders … Read more
Leo Varadkar, the former Taoiseach of Ireland, has recently spoken out against Irish banks and their recent rate increases. Varadkar argues that the banks cannot have it both ways, that they cannot expect to be bailed out by taxpayers in times of need, while also increasing the cost of borrowing for those same taxpayers. In … Read more
After months of bad news for those who have variable mortgages in Spain due to the continued rise in interest rates and the Euribor, an index that most experts placed at 4% throughout 2023, the shock in the markets caused by the intervention of the American Silicon Valley Bank last Friday could change the forecasts. … Read more
The European Central Bank (ECB) is reportedly gearing up to increase interest rates in the near future, despite significant turbulence in the banking sector. Recent months have seen several major banks struggling with financial difficulties, with some even facing collapse, prompting concerns about the stability of the financial system. As a result, the ECB’s potential … Read more
Brazil swap rates on Thursday fully discounted a quarter-point cut from the key rate in June and a probability of the 50% that such a reduction occurs in May. Traders now see an easing cycle totaling about 200 basis points by mid-2024. Just nine days ago they expected a 165 basis point cycle starting as … Read more
(PLO)- The Procuracy canceled the decision to prosecute the case and prosecute the accused of the investigating agency for the crime of lending heavy interest in civil transactions because it thought there was no basis. Source of Ho Chi Minh City Law confirmed that the People’s Procuracy of Khanh Hoa province has just issued decisions … Read more
Manpower shortage The job market remains strong despite the significant increase in unemployment claims. Private sector job openings and wage lists published this week revealed strong demand for labor and increased employment. In congressional testimony this week, Federal Reserve Chairman Jerome Powell said the central bank could raise interest rates at a faster pace if … Read more