Auto Added by WPeMatico

S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy

Today’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse,…

Continue ReadingS&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy

Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets

A first-of-its-kind study published by the Basel Committee on Banking Supervision details that the world’s largest financial institutions are exposed to roughly €9.4 billion (US$9 billion) in crypto assets. The…

Continue ReadingBasel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets

Germany’s Inflation Hits Double Digits for the First Time Since WWII, Parliament Reveals $195B Subsidies Package to ‘Make Prices Drop’

Following the Covid-19 pandemic, the massive amount of stimulus, and amid the Ukraine-Russia war, Germany’s inflation has soared. Official data from Germany’s consumer price index (CPI) indicates that inflation jumped…

Continue ReadingGermany’s Inflation Hits Double Digits for the First Time Since WWII, Parliament Reveals $195B Subsidies Package to ‘Make Prices Drop’

Nicolas Maduro Tempts West With an Abundance of Oil and Gas, Venezuelan President Wants Sanctions Lifted

Amid the economic rumblings across the world and the energy crisis in Europe, Venezuelan president Nicolas Maduro has said his country is ready to step up and help with oil.…

Continue ReadingNicolas Maduro Tempts West With an Abundance of Oil and Gas, Venezuelan President Wants Sanctions Lifted

Binance Founder CZ Announces Romanian Office as Part of Regional Expansion

Changpeng Zhao (CZ), founder and chief executive officer of cryptocurrency exchange Binance, has announced the opening of an office in Romania. During a visit to the country, he met with…

Continue ReadingBinance Founder CZ Announces Romanian Office as Part of Regional Expansion

Hungary’s Prime Minister Says ‘Europe Has Run out of Energy’ Amid Russia’s Gas Standoff

Europe is suffering and struggling to contain an energy crisis according to various reports that say the eurozone might have to deal with a cold winter that could lead to…

Continue ReadingHungary’s Prime Minister Says ‘Europe Has Run out of Energy’ Amid Russia’s Gas Standoff