It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
Author: admin
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U.S. DENIES ISRAEL IS WITHHOLDING AID FROM PALESTINIANS IN GAZA
Matt Miller, a U.S. State Department spokesman, said Monday that Washington has not found Israel to be in violation of international humanitarian law as it carries out its genocide in Gaza.
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SHARE PRICE OF LUXURY CONGLOMERATE KERING DIVES 14 PERCENT
Kering, the French owner of 11 luxury brands including Balenciaga, Brioni, and Yves St. Laurent, saw its share price drop 14.3 percent on 19 March after it said sales of its Gucci line will be down 20 percent this quarter, compared to the same period last year.
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SWIFT WILL LAUNCH CENTRAL BANK DIGITAL CURRENCY PLATFORM
SWIFT, the messaging network that connects banks worldwide, is developing a system to connect the international financial system to the array of central banks’ digital currencies (CBDCs) expected to come into use over the next few years.
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TOUGHER SANCTIONS, DRONE ATTACKS SLAM RUSSIAN OIL EXPORTS
Russia has relied on its oil exports to prop up its consumer economy and fund its war in Ukraine.
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BANK OF JAPAN RAISES INTEREST RATE FOR FIRST TIME IN 17 YEARS
On 19 March, the Bank of Japan (BoJ) became the last central bank to lift its interest rates out of negative numbers. The key rate had been at -0.1 percent since January 2016.
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IRS NEEDS TO BOOST WORKFORCE TO 100,000 TO KEEP GETTING MORE TAXPAYER’S MONEY
By 2027, the U.S. Internal Revenue Service will need to add another 10,000 workers to its current 90,000 to reach its goals in modernizing systems, providing higher-quality services to taxpayers, and spotting and pursuing tax cheats and dodgers, IRS commissioner Danny Werfel told an 18 March press briefing.
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U.S. CONSUMERS CONTINUE TO SLOW THEIR SPENDING
Inflated prices, emptied savings accounts, and high credit card debt seem to be continuing to persuade U.S. shoppers to curb their free-spending ways.
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YOUNG AMERICANS SINK INTO SADNESS
There's not a whole lot to be happy about these days in the U.S. for the younger generation.
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NBC HIRES RNC CLOWN, LATEST EXAMPLE OF PRESSTITUTES: MEDIA WHORES
NBC News faced tough criticism last week when it announced that Ronna Romney McDaniel—yes, she is Sen. Mitt Romney’s niece—was hired by the network…not because of her close personal ties to politicians, but because she was unkind to “journalists” during her tenure at the Republican National Committee.