Japan’s central bank intervened in markets last week for a second time, buying $23 billion worth of yen to prop up the country’s sinking currency, Bloomberg reported after analyzing the bank’s current account figures.
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YEN’S VALUE CRASHES TO 34-YEAR LOW
On 29 April, Japan’s yen fell to its lowest value since at least 1990, trading below ¥160 to the dollar, after the country’s central bank left its key interest rates untouched at zero and 0.10 percent. The yen has lost about a third of its value in the past three years.
“NET ZERO”: ZERO NEED, LESS THAN ZERO HUMAN BENEFIT
A group of climate researchers say that scientific principle shows that atmospheric CO2 is not capable of contributing any more to global warming than is currently the case.
ECONOMIC UPDATE – MARKET OVERVIEW
Here is the hard fact. No one in the world, other than The Trends Journal, had forecast that a Top Trend of 2024 would be a “GOLDEN YEAR FOR GOLD.”
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.
SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
China’s stock markets got a boost last week after banks made a larger-than-expected 0.25-percent cut to the five-year loan prime rate against which mortgage loan rates are benchmarked.
DEATH OF JOURNALISM: BLOODBATH CONTINUES IN INDUSTRY
The bloodbath continues to play out in newsrooms across the U.S. as newspapers, magazines, websites, and cable channels try to navigate a challenging time for the industry.
CAN THIS PROBIOTIC FIX YOUR GUT AND HAIR?
The probiotic bacteria Lactobacillus reuteri help upregulate the hormone oxytocin, a chemical messenger that plays important roles in the male and female reproductive systems and influences aspects of human behavior, including sexual arousal, recognition, trust and interpersonal bonding
CPR CAN DO MORE HARM THAN GOOD WITHOUT A DEFIBRILLATOR
According to the Centers for Disease Control and Prevention,[1] 90 percent of the annual health care expenditure which totals $4.1 trillion is directed to people with chronic and mental health conditions. One of those is cardiovascular disease, which is the cause of more than 877,500 deaths each year.
DEATH OF JOURNALISM: LOCAL NEWS BLOODBATH CONTINUES AS MORE PUBLISHERS CLOSE UP SHOP
A newly released Northwestern University study found that 2023 was another tough year for journalism jobs, especially in local newspapers that closed at a rate of 2.5 a week.