Football ace Cristiano Ronaldo has signed a two-and-a-half-year deal with Saudi Arabia’s Arnasr. The deal could have made him one of the highest-paid athletes in the world. Although Arnasr did not disclose, the British newspaper The Sun reported that the annual salary of Ronaldo (37) of the Portugal representative could exceed 200 million dollars (about … Read more
Investors pulled money out of stocks at a record pace in the days after major central banks made it clear they were relentless in their fight against inflation. A fitting end to the worst year for global equity markets since the financial crisis. About $42 billion (about 5.57 trillion yen) outflowed equity funds in the … Read more
Says Randi Marjamaa, head of the personal market of Nordea NRK extension that more Norwegians will face a tough financial year with higher interest rates, more expensive food and electricity. – Many people will have to adjust their consumption in order to manage the situation, he tells NRK. This year, Nordea has had a doubling … Read more
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