As we had long forecast, the higher central banks raise interest rates, the lower the Merger and Acquisition trend… which hit record highs at the height of the COVID War in 2021 when interest rates sank and governments pumped in countless trillions to artificially prop up sinking economies.
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, looming fears of a recession, and a tangible decrease in revenues for many sectors... all made worse by the COVID War which destroyed the lives and livelihoods of billions across the globe.
UBS Group, the Swiss global financial services firm, has agreed to pay a $1.44-billion fine to settle charges brought by the U.S. justice department that the company had defrauded investors.
The Dutch economy has slipped into a technical recession, contracting by 0.3 percent in this year’s second quarter after shrinking 0.4 percent in the first, according to Statistics Netherland.
Britain’s top-line inflation eased to 6.8 percent in July, the Office for National Statistics reported, sharply lower than June’s 7.9 percent.
In an emergency 15 August rate meeting, officials of Russia's central bank hiked a key interest rate by 3.5 percentage points to 12.0 percent.
Stubbornly high core inflation, especially in Europe, and high-interest rates, particularly in the U.S., have convinced investors to sell the bonds they bought expecting central banks to start cutting rates soon.
Welcome to week 52... a year of our reported job losses that illustrate the factual damage resulting from the COVID War... and the scores of other socioeconomic and geopolitical tragedies committed by politicians in a country near you that are destroying the foundations of economies.
Yum Brands, which owns fast-food icons Burger King, KFC, and Taco Bell, wants its customers to place all of their orders digitally and is taking steps to make that goal a reality.
In summer 2022, Congress passed the Chips and Science Act that allotted $39 billion to strengthen the domestic semiconductor industry.