When a company tells its shareholders that it expects to suffer 9 billion euros in losses over the next five years, which will more than wipe out all its provisions and equity, it would usually trigger a crisis. existential. The normal rules do not seem to apply to the Belgian central bank. The National Bank …
Eurozone central bank losses risk bailouts and more political pressure Read More »
U.S. stocks edged lower in choppy trade on Wednesday, extending a downtrend that began the week as investors weigh higher interest rates and the prospect of an economic slowdown against optimism around the relaxation of COVID protocols in China. The S&P 500 (^GSPC) fell 0.3%, while the Dow Jones Industrial Average (^DJI) fell about 50 …
Live stock market news updates: Stocks struggle to rebound as selling pressure continues Read More »
The day after Vladimir Putin announced a massive mobilization of his troops in Ukraine, men across Russia set to work finding already pending conscription notices, ordering them to the offices of recruitment. In the evening, the wives arrived at the places of work, in search of their husbands. “We had to give them something to …
‘They caught whoever they could’: Putin’s plan puts more pressure on Russian companies Read More »
The Middle East has steadily reaped the benefits of its oil wealth throughout 2022, arguably one of the most successful years for the region as a whole in recent history. Yet the outlook for next year is not so rosy. The global economy is in disarray, with the double whammy of a strong US dollar …
Middle East oil producers under pressure to cut prices again | OilPrice.com Read More »
