The UK witnessed a substantial slowdown in the rate of inflation in February, dropping to its lowest level in over two years. This decline has fueled speculation about potential tax…
Tag: Finance
BOJ Ends Negative Interest Rate Policy
Japan’s central bank has taken a significant step by discontinuing its longstanding negative interest rate policy, marking its first interest rate hike in 17 years as the country shows signs…
Central Banks Influence Market Dynamics
Anticipation builds as major central banks prepare to announce their decisions on interest rates, shaping market dynamics and investor sentiment. Last week, European stock markets surged, with the Euro Stoxx…
Resurrecting an $11 Billion Acquisition
The criminal trial in San Francisco federal court, set to begin on Monday, revisits Hewlett Packard’s (HP) ill-fated acquisition of UK software maker Autonomy over a decade ago. The trial…
ECB Maintains Rates Amidst Declining Inflation
The European Central Bank (ECB) decided to keep its benchmark interest rates unchanged during its March meeting, aligning with expectations from market observers. Notably, the bank emphasized a further decrease…
Bitcoin Surges Above $65,000, Approaching All-Time High
Bitcoin’s Rally ContinuesIn the early hours of Monday, the price of Bitcoin surged above $65,000, marking a significant milestone in its ongoing rally. Institutional investors have been instrumental in driving…
Bitcoin Surges Past $60,000 Mark
Bitcoin’s price surged above $60,000 for the first time since 2021, briefly reaching $64,000 before settling around $63,385 early Thursday. This surge brings the cryptocurrency closer to its previous record…
Currency Dispute in Kosovo: Political and Economic Ramifications
Introduction of the Euro in Kosovo The recent decision by Pristina to adopt the euro as the sole legal tender throughout Kosovo has stirred controversy, underscoring the intricate nexus between…
Steady UK Inflation Defies Expectations
Contrary to economists’ predictions of a slight acceleration, inflation in the UK remained stable at 4% in the 12 months leading up to January. This resilience was attributed to a…
Valentine’s Day Strike: Delivery Drivers Demand Fair Pay
Concerns Over Compensation: UK Drivers Take Action As Valentine’s Day approaches, Deliveroo and Uber Eats drivers in the UK are preparing to strike over pay disputes. Alongside workers from Just…