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Just How Bad Is Unemployment In The US?

Guest post by The Duomo Initiative.  Back in January, Wilbur Ross, the US Commerce Secretary, believed that COVID-19 would accelerate the return of jobs to the US. Unfortunately, as the economy comes to a standstill, [...]

Petro-Yuan: The Death of US Dominance?

To understand the recent situation regarding China and the oil industry, it is important to note some key points that put things into context: Oil is the most traded commodity in the world. China is [...]

Understanding the US Interest Rate Hikes

On Wednesday 21 March, the Federal Open Market Committee (FOMC) of the Federal Reserve Bank (Fed) announced they would raise the interest rates by 0.25 % to a new target range between 1.5 % and [...]

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Sunday, July 10th, 2022 at 3:49pm
Bank of England regulators are concerned about an increase in the number of failed transactions in the British government bond repo market, which they said “reflected very poorly” on the City of London’s reputation. More at: https://t.co/gvVMkM0t9g https://t.co/BkPjvFhGdo PuriCassar photo
Wednesday, July 6th, 2022 at 12:35pm
Consumer prices in the eurozone rose 0.8% in June from May and 8.6% from a year ago putting pressure on the ECB to tighten policy more aggressively. More at: https://t.co/xPWY4Tq0Qq https://t.co/NG1vpwkCj5 PuriCassar photo
Wednesday, June 29th, 2022 at 3:31am
Shares in Europe snapped three weeks of losses as signs that the economy is slowing cast doubt on whether central banks would seek to increase interest rates aggressively. More at: https://t.co/seECGCO6nC https://t.co/jNywJBxie6 PuriCassar photo