Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Retail sales in the US dropped by the highest level in a year in December amid a drop in motor vehicle purchases and other goods. Consumer spending and the economy are currently on… Continue reading US economy is losing momentum as retail sales record the largest drop in 12 months
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The International Monetary Fund (IMF) has released a new staff report saying that fragmentation of the global economy could decline the global economic output by up to 7%. The institution has also warned… Continue reading IMF says fragmentation of the global economy will reduce global GDP by up to 7%
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The French financial watchdog, Autorite des Marches Financiers (AMF), recently reported a drop in the sentiment involving the country’s equities market, especially among new investors who entered the financial industry. On the other… Continue reading The French don’t trust equities investments, a new survey shows
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The World Bank has approved a concessional funding request by Sri Lanka from the International Development Association. The funding will enable the country, which is currently in an economic crisis, to achieve stability.… Continue reading World Bank approves a concessional funding request by Sri Lanka
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The economy of the United Kingdom is set to shrink by 0.4% in 2023 amid a notable increase in inflation. The rising inflation levels have resulted in companies in the country placing their… Continue reading UK’s economy is set to shrink 0.4% in 2023 as inflation remains high
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The former federal finance minister of Pakistan, Shaukat Tarin, and the spokesperson for Economic Affairs, Muzzammil Aslam, have criticized the government for failing to ensure that the general public is benefiting from the… Continue reading Former Pakistan finance minister proposes rescheduling external debt
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The ambassador of the Republic of Uzbekistan to Pakistan, Oybek Usmanov, recently held a meeting with the Pakistan finance minister, Ishaq Dar. The meeting was held at the Finance Division last week, and… Continue reading Uzbekistan envoy meets Pakistan finance minister to discuss bilateral trades
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Russia has said it is unwilling to accept a price cap on its oil, with the Kremlin saying it will issue a formal response. This comes as Western countries look to limit Russia’s… Continue reading Russia turns down oil price cap, to issue a formal response
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Managing Director of the International Monetary Fund, Kristalina Georgieva, has said that the rising inflation and the economic slowdown in China posed a risk to the economic outlook of the entire Asia… Continue reading IMF’s Managing Director says inflation and China’s economic slowdown pose a risk to Asia
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Canada has reported a budget surplus of C$1.72 billion (equivalent to $1.29 billion) during the first six months of the 2022/23 financial year. The increased tax revenues generated this surplus, according to the… Continue reading Canada reports a C$1.72 billion surplus in six months
