Former Fed Chairman Bernanke Predicts Economy Impact of Fed Rate Hike and Inflation Target

Former Fed Chairman Bernanke Predicts Economy Impact of Fed Rate Hike and Inflation Target

Bernanke, former chairman of the Federal Reserve and Nobel laureate in economics, said in a webinar organized by Fidelity Investments on July 20 that the Fed will raise interest rates by 25 basis points at the next meeting. “By early next year, we’re going to be down to 3% or above inflation, and then I … Read more

Tornado Damage to Pfizer Factory in North Carolina Raises Concerns of Drug Supply Shortages

Tornado Damage to Pfizer Factory in North Carolina Raises Concerns of Drug Supply Shortages

According to the Associated Press citing Pfizer news, on the 19th local time, a tornado caused serious damage to a Pfizer pharmaceutical factory in North Carolina, USA. Experts worry that the shortage of drug supplies across the United States may worsen. According to reports, on the 19th, a tornado made landfall near Rocky Mountain, North … Read more

Japan Expresses Concerns about Russia’s Flight Restrictions in Black Sea and their Impact on Global Food Supply

Japan Expresses Concerns about Russia’s Flight Restrictions in Black Sea and their Impact on Global Food Supply

According to Kyodo News, at a press conference on July 20, Japan’s Chief Cabinet Secretary Matsuno Hiroichi pointed out that he was “concerned about the impact on global food supply” regarding Russia’s principle that ships are not allowed to enter the ports of Ukraine, a grain exporter, via the Black Sea. On the other hand, … Read more

United Nations Exploring Ideas to Facilitate Global Export of Russian and Ukrainian Grains and Fertilizers

United Nations Exploring Ideas to Facilitate Global Export of Russian and Ukrainian Grains and Fertilizers

On the 18th local time, Stéphane Dujarric (Stéphane Dujarric), spokesman for the United Nations Secretary-General, said that after Russia withdrew from a deal that allowed Ukrainian grain to be safely exported to the Black Sea, there were “some ideas being proposed” to help Ukraine and Russia. Grains and fertilizers enter global markets. Dujarric said that … Read more

World Health Organization Reports Avian Influenza Outbreak in Cats in Poland

World Health Organization Reports Avian Influenza Outbreak in Cats in Poland

The World Health Organization reported on the 17th that some cats in Poland were infected with the bird flu virus and died. According to the information provided by the World Health Organization, relevant agencies in Poland reported to the World Health Organization on June 27 that cats in the country had died abnormally. As of … Read more

UN Secretary-General Urges Countries to Step Up Action for Sustainable Development Goals

UN Secretary-General Urges Countries to Step Up Action for Sustainable Development Goals

United Nations Secretary-General Guterres warned on July 17 that the world has been “severely off track” to achieve the 2030 Sustainable Development Goals, and he called on countries to “make a difference in 2023” and step up action now. Guterres said at the opening of the ministerial meeting of the United Nations High-Level Political Forum … Read more

WHO Raises Concerns over Bird Flu Outbreak among Cats in Poland

WHO Raises Concerns over Bird Flu Outbreak among Cats in Poland

United Nations News, July 17, as the H5N1 avian influenza virus spreads among mammals, the virus has recently caused outbreaks and deaths in cats in Poland. The WHO expressed concern about this on the 17th and called on the world to strengthen surveillance, cooperation and response to jointly protect human and animal health. On June … Read more

Adjust Your Investment Portfolio for Future Economic Outlook: Downgrade Stocks, Increase Debt Securities, and Invest in US Bonds

Adjust Your Investment Portfolio for Future Economic Outlook: Downgrade Stocks, Increase Debt Securities, and Invest in US Bonds

This is a good time to adjust your investment portfolio to the future economic outlook. downgrade of investment in stocks increase investment in debt instruments especially US bonds directly benefiting from interest rates going forward to increase the opportunity to generate returns for the investment portfolio Since the start of the year, the S&P 500 … Read more

Financial Secretary of Hong Kong: Second Phase of Consumer Vouchers to Inject HK$13 Billion in Consumption Power

Financial Secretary of Hong Kong: Second Phase of Consumer Vouchers to Inject HK Billion in Consumption Power

On July 16, Chen Maobo, the Financial Secretary of the Hong Kong Special Administrative Region Government, published an essay on the website of the Hong Kong Special Administrative Region Government, saying, “Today is the day when the second phase of consumer coupons is issued. Coupons are used to increase consumption.” Chen Maobo said that about … Read more

U.S. Stocks Mixed, Chinese Concept Stocks Fall, and Gold Futures Rise: Market Review

U.S. Stocks Mixed, Chinese Concept Stocks Fall, and Gold Futures Rise: Market Review

Original title: Overnight external market: U.S. stocks mixed U.S. stocks were mixed, and the three major stock indexes all recorded gains for the week U.S. stocks ended mixed on Friday, with all three major indexes posting gains for the week. The market pays close attention to the second quarter earnings report of US stocks. JPMorgan, … Read more