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Photo source: facebook / Board of Governors of the Federal Reserve System

The Fed, the richest central bank in the world

A.V.English Section / 15 august

Central banks play a crucial role in maintaining stability and economic growth by implementing stable monetary policies and ensuring financial stability, according to an analysis by indianexpress.com, which presents Top 10 richest global central...

Cîrstoiu is running for oblivion

Cîrstoiu is running for oblivion

George MarinescuEnglish Section / 13 mai

The second month of spring was a stormy one for the PSD-PNL political coalition, which had to face the media revelations about how the doctor Cătălin Cîrstoiu - the candidate of both parties for the position of general mayor of the Capital - made...

International trade, increasingly fragmented

International trade, increasingly fragmented

V.R.English Section / 26 aprilie

International trade has become increasingly fragmented over the past five years, as countries prefer transactions with their geopolitical allies, according to an analysis by The Hinrich Foundation, based on data from the International Monetary...

The ECB signals a possible interest rate cut

The ECB signals a possible interest rate cut

V.R.English Section / 12 aprilie

The European Central Bank (ECB) decided yesterday to keep its benchmark interest rate unchanged for the fifth consecutive month, but signaled that it could cut the cost of credit soon, even as investors question a similar decision by the Reserve...

Russia's economic forecast, revised upward by VEB

Russia's economic forecast, revised upward by VEB

A.V.English Section / 19 februarie

Estimates for Russia's economic growth over the coming years were updated late last week, and according to the national economic development institute VEB, the country's Gross Domestic Product (GDP) is expected to grow by 2% in 2024, up...

Rudderless in bad weather

Rudderless in bad weather

George MarinescuEnglish Section / 25 octombrie 2023

The change of government at the end of the first semester of this year apparently did not bode well for Prime Minister Ciolacu's team, which found itself with a budget deficit that is increasingly difficult to control and manage, with the...

New taxes and fees

New taxes and fees

George MarinescuEnglish Section / 17 octombrie 2023

The new school year brought us new fees and taxes in the first month of autumn, following the fiscal changes assumed in the Government Parliament to reduce the budget deficit. Threatened by the European Commission with the cut of allocations from...

China's economic recovery remains fragile

China's economic recovery remains fragile

V.R.English Section / 16 octombrie 2023

China's consumer prices were unchanged in September, while factory-gate prices posted annual declines for a third straight month, highlighting the uneven post-Covid recovery of the world's second-largest economy, which may require...

IMF: Romania does not need financial assistance

IMF: Romania does not need financial assistance

V.R.English Section / 5 octombrie 2023

Romania does not need financial assistance from the International Monetary Fund (IMF) and there is no need to increase the VAT, stated, yesterday, the head of the IMF mission for Romania, Kees Martijn, during a press conference that took place at...

Infinity is the new limit for mortgages in Canada

Călin RecheaEnglish Section / 21 august 2023

Călin Rechea

A Canadian recently stopped by the bank where he took out a 25-year mortgage to check his repayment status, given that interest rates have been rising rapidly lately, amid the increase in the monetary policy rate. To his surprise, next to the...

China is striving to be number one

China is striving to be number one

V.R. (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 27 aprilie 2021

China is looking to become the world's biggest economy, an intention which is also visible from the speeches of the country's officials. The efforts in that direction are visible, as the Chinese economy was the only one that had a strong...

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14 Aug. 2024
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