Vladimir Putin has come clean about the economic struggles Russia is facing. The Russian president admitted that sanctions and worker shortages are causing problems in the economy. This comes after Russia's Central Bank raised interest rates to a whopping 21%. That's even higher than the emergency r
At a recent finance CEO panel in Riyadh, Morgan Stanley's CEO, Ted Pick, declared that the days of zero interest rates and inflation are firmly behind us. Pick was referring to the notion that since the end of the Cold War, global conflicts and ideological clashes had diminished, as famously propose
As the U. S. presidential election neared, consumers felt more upbeat about the economy. The Conference Board's consumer confidence index leaped over 11% in October to 138, the largest monthly jump since March 2021. People were particularly hopeful about future conditions, with the expectations inde
As the 2024 U. S. presidential election nears, voters have several key issues on their minds. Social Security tops the list, with people worried about its future. The system, founded in 1935, might run out of money within a decade, paying fewer benefits. Crime reduction is another major concern, des
Trump's recent rally at Madison Square Garden was filled with both laughs and controversies. Before Trump took the stage, comedian Tony Hinchcliffe sparked outrage with racist jokes targeting Puerto Ricans, Black Americans, Latinos, and Jewish people. Politicians from both parties quickly condemned
Sergey Chemezov, a close associate of Russian President Vladimir Putin, has raised an alarm. He believes that most Russian companies might go bankrupt due to the sky-high interest rates. Chemezov, who heads the state-owned Rostec, made these comments while speaking to the Federation Council earlier
Former President Donald Trump hopped on stage in Las Vegas on Thursday for his first rally targeting Asian American and Pacific Islander voters. The event, "Unite for Change, " was hosted by a conservative group called "Turning Point USA. " Trump talked about the economy, public safety, and immigrat
With the Federal Reserve lowering interest rates, income investors might want to check their portfolios. The central bank cut rates in September and could do so again in November, according to CME FedWatch. In this situation, Vanguard favors high-quality fixed-income assets. They think the economy w
Germany's finance minister, Christian Lindner, has a clear message: if the U. S. starts a trade war with the European Union (EU), Germany is ready to fight back. Speaking at the International Monetary Fund's annual meeting in Washington D. C. , Lindner said that trade disputes don't have winners, on
You might be wondering, why is tiny Malta suddenly the go-to spot for airlines to register their Air Operators Certificate (AOC)? Well, it’s not just because of its gorgeous Mediterranean views. Over the past decade, this small island nation has become a major player in the aviation world. As of ear
