June 19 2023 🕓 5 min
Depression vs recession – what is the difference?
It is important to know how recession and depression differ from each other. It is also important to know they are a part of the economy and business cycle.
Market Movers
May 12 2023
NZD weakens on all fronts
The New Zealand dollar (NZD) fell on all fronts on Friday. NZD/USD is down 1.4% and NZD/JPY dropped 1.2%, while GBP/NZD is up 1.3%.
May 12 2023
Inflation levels update
The annual inflation rate in India dropped from 5.6% in March to 4.7% in April. Brazil’s inflation fell from 4.6% to 4.1%. However, inflation in Spain accelerated from 3.3% to 4.1%, and France’s inflation jumped from 5.7% to 5.9%.
May 12 2023
Mark Cuban praises AI
The potential of AI, according to Mark Cuban, is “beyond anything I’ve ever seen,” and he compared ChatGPT to the early days of the internet. Cuban has a straightforward piece of advice for businesses: join the AI race or perish. Cuban stated, “There are two types of companies in the world: those who are great at AI and everyone else.”
July 2 2022 🕓 3 min
World Bank chief economist talks about global recession
World Bank (WB) Chief Economist Carmen Reinhart doubts that the US and global economies will be able to avoid a recession.
June 27 2022 🕓 3 min
G7 leaders unveil $600 billion plan to invest
The investments will involve developing countries and are an effort to compete with China's Belt and Road Initiative.
June 27 2022 🕓 2 min
Russia is insolvent
Russia has the money to pay its debts, but the sanctions will not allow it to repay it. The Russian side called the situation a farce.
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Money management – what every trader needs to master?
The portfolio is profitable not only from successful trades but from the system of how trades are managed.
June 21 2022 🕓 2 min
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.
June 19 2022 🕓 2 min
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.
June 9 2022 🕓 2 min
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.
June 7 2022 🕓 2 min
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.
May 20 2022 🕓 2 min
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.
April 15 2022 🕓 2 min
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.
April 12 2022 🕓 2 min
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.
April 8 2022 🕓 2 min
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.