As we had long forecast, the higher central banks raise interest rates, the lower the Merger and Acquisition trend... which hit record highs during the COVID war when interest rates sank and governments pumped in countless trillions to artificially prop up sinking economies.
Tag: jun 20 2023
SPOTLIGHT: CHINA’S ECONOMIC MALAISE
New data shows China’s post-COVID economic recovery has vanished and is now weakening across a broad range of sectors, leaving it “teetering on the brink of deflation,” CNBC reported.
NEW ZEALAND TIPS INTO RECESSION
The central bank’s higher interest rates and the cost of cleaning up after floods and a cyclone sank New Zealand’s economy into a recession during the first three months of this year.
BANK OF JAPAN HOLDS INTEREST RATE STEADY AT -0.1 PERCENT
The Bank of Japan (BoJ) held its key interest rate at -0.1 percent last week, continuing to defy the trend set by most other developed economies to raise rates to combat inflation.
ECB CALLS IN €500 BILLION IN COVID-ERA LOANS TO BANKS
Eurozone banks must repay €476.8 trillion worth of COVID-era loans to the European Central Bank on 28 June.
U.K. SKIRTS RECESSION – FOR NOW
A modest recovery in the U.K.’s service sector let the nation avoid a recession, at least for now.
TAKING VITAMIN D DAILY MAY REDUCE CANCER MORTALITY BY 12 PERCENT
A 2023 systematic review and meta-analysis found daily vitamin D supplementation reduced cancer mortality by a significant 12 percent.
THIS WEEK IN SURVEILLANCE
A quartet of stories this past week showed that governments and corporate allies are only stepping up weaponization of claims of “misinformation” and “disinformation” against their own citizens, to neutralize opposition to their objectives.
BLOCKCHAIN BATTLES
Cryptos were born in the wake of a major banking and financial crisis that unfolded in 2007-2008.
NEW CONGRESSIONAL BILL: CRYPTO WON’T BE UNLEASHED UNLESS GENSLER IS CAGED
Crypto utility and innovation in the U.S. won’t truly take-off unless Gary Gensler is leashed.
That’s the premise of “The SEC Stabilization Act,” which was introduced this past week in Congress.