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Can debt be good for personal finance?

Can debt be good for personal finance?

Is debt really that bad? Are loans worth taking? This post explains how debt may benefit one's finances.

Microchip sector grows fastest in China

The microchip sector is growing faster in China than anywhere else in the world, and Chinese companies are reporting record sales.

The US housing market is going through tough times

Mortgage rates in the US rose by more than 0.5% this week, an increase not seen in decades. This may be a problem for many Americans.

Ban on the sale of combustion engine cars in Europe?

The European Parliament has agreed that new cars with internal combustion engines will not be allowed to be sold from 2035.

World Bank fears stagflation and cuts global growth forecast

The World Bank cut its global growth forecast for 2022 by almost a third to 2.9% and added fears of stagflation.

US invests $3.5 billion to remove CO2 from the air

The U.S. Department of Energy has launched a program to fund four large-scale projects across the country.

The Bank of Japan is clear about its strategy

The monetary policy of the Bank of Japan is aimed at achieving the 2% inflation target, not at manipulating exchange rates.

The Russian economy is facing a massive downturn

Russia's economy could shrink by 10 percent this year, the biggest drop in gross domestic product since 1994.

The UK plans to build eight new nuclear reactors

In the UK, the government has a plan to strengthen the UK's energy independence while tackling rising energy prices.

The Fed plans to reduce its balance sheet

At its last meeting, the US Fed indicated it would reduce its massive bond holdings by a maximum of $95 billion a month.

Russia is facing bankruptcy

There is a real risk that Russia is facing bankruptcy. Banks have refused to process dollar repayments to creditors.
Will UK follow Germany with Gazprom changes?

Will UK follow Germany with Gazprom changes?

Gazprom's British subsidiary said its future appeared more secure after Germany took the step of taking over its subsidiary in its country.

Russian ruble and stocks are rising

The Russian ruble and the Russian stock index MOEX are rising and erasing their losses incurred due to the war conflict in Ukraine.