Economics & Finance – Page 55

Recession is on the horizon in the Eurozone

December 15, 2022

It is now more than certain that the European Union is headed for recession, with the question of how painful it will be. The…

Wall Street: Index gains after inflation

December 14, 2022

Wall Street’s indexes closed higher on Tuesday after plunging from intraday highs following the release of U.S. inflation data as investors turned their attention…

The “relationship” between unemployment and inflation that traps the strategy of Central Banks

December 10, 2022

This scheme argues that what causes inflation is basically an increase in demand, that is, when there is more demand in the market for…

Central Banks start buying more Gold

December 8, 2022

According to data compiled by the World Gold Council, central banks worldwide added another 31 tonnes of gold to official reserves in October. Total…

Wall Street: Recession worries intensify – S&P 500 falls for fifth straight session

December 8, 2022

Falling bond yields failed to support the stock market, with the 10-year yield at 3.41%, down 10 basis points. The S&P 500 ended lower…

Eurostat: At 2.3% growth in the eurozone in the third quarter

December 7, 2022

Growth in the euro zone in the third quarter of 2022 is set at 2.3%, while in the European Union it is 2.5% according…

FTX Bankruptcy: FTX-Assets with no Real Value

December 4, 2022

We have become accustomed to considering financial success anything that appears to have large revenues and profits, ignoring what exactly is happening, where those…

ECB: All-out attack on bitcoin

November 30, 2022

The ECB came down heavily on bitcoin on Wednesday, saying the cryptocurrency is “on the road to becoming something insignificant”. In a post titled…

The biggest fraud in the field of VAT (2.2b euros) that has ever been detected in the EU