The UK government’s borrowing rose to £22 billion ($26.6 billion) in November, as the higher interest costs and cost-of-living payments to households put increasing pressure on public finances. According to the Office for National Statistics (ONS), this was £13.9 billion ($16.8 billion) more than the borrowing figure for the same month last year, and was…
UK Government Borrowing Rises to Record £22 Billion in November
December 21, 2022
admin
Business & Marketseconomic policieseconomyenergyenergy pricesgovernment borrowinginflationJeremy HuntUKWorld
0 Comment
Bank of Japan Shocks Financial Markets—but Will It Impact the Global Economy?
The Bank of Japan (BoJ) shocked Asian financial markets on Tuesday when it widened caps for a benchmark government bond yield. The central bank announced that it would permit the yield curve on the 10-year Japanese government bond to range 50 basis points on either side of its 0.0 percent target (pdf). This is up…
Yen Holds on to Big Gains After BOJ’s Surprise Policy Tweak
SINGAPORE/LONDON—The yen traded flat on Wednesday after surging almost 4 percent in the previous session, when the Bank of Japan (BOJ) unexpectedly tweaked a key policy, allowing government bond yields more room to move. The BOJ decided to change its “yield curve control” policy on Tuesday even as it kept broad policy settings unchanged. It…
Oil Prices Rise on US Drawdown, Chinese Fears Weigh
December 21, 2022
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
LONDON—Oil prices rose on Wednesday after data suggested a larger-than-expected draw in U.S. crude stockpiles, but gains were capped by growing concerns over demand in China and a snow storm that is expected to hit U.S. travel. Brent crude futures were up 93 cents, or 1.15 percent, at $80.92 a barrel by 1040 GMT. U.S….
Global Shares Edge Up, but Face Patchiest Yearly Performance Since 2008
December 21, 2022
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
LONDON/SINGAPORE—Global shares edged up on Wednesday after the Bank of Japan rocked the markets by unexpectedly deciding to loosen its tight leash on government bond yields, with the yen then scoring its biggest one-day gain against the dollar in 24 years. The MSCI All-World index rose 0.1 percent on the day, although it is on…
Medical Device Makers Ending Production of Life-Saving Devices Due to New EU Law
A recently passed law by the European Commission (EC), meant to improve safety standards for medical devices in Europe, has led manufacturers to pull life-saving products from the shelves for failing to meet the new criteria. This has led to a massive bottleneck, as thousands of medical devices seek re-approval before the 2024 deadline, according…
CCP Free to Target US Investors Under Biden Admin
December 20, 2022
admin
american stock marketBusiness & MarketsCCP (Chinese Communist Party)ChinaChinese Regimeeconomic policieseconomyEpochTVInvestmentinvestorJoe BidenLee SmithMarketsNational SecurityOver the TargetPolicies & ImpactsPoliticsU.S.A.USUS NewsUS-China relations
0 Comment
The Biden team is celebrating a new agreement with China to ensure Chinese Communist Party (CCP) companies on American stock exchanges abide by U.S. regulations. But don’t be fooled—CCP firms are beholden to Beijing, not shareholders. The big winners are U.S. financial giants, Biden donors, and the CCP. Big losers are individual U.S. investors more…
CCP Free to Target US Investors Under Biden
December 20, 2022
admin
american stock marketBusiness & MarketsCCP (Chinese Communist Party)ChinaChinese Regimeeconomic policieseconomyEpochTVInvestmentinvestorJoe BidenLee SmithMarketsNational SecurityOver the TargetPolicies & ImpactsPoliticsU.S.A.USUS NewsUS-China relations
0 Comment
The Biden team is celebrating a new agreement with China to ensure Chinese Communist Party (CCP) companies on American stock exchanges abide by U.S. regulations. But don’t be fooled—CCP firms are beholden to Beijing, not shareholders. The big winners are U.S. financial giants, Biden donors, and the CCP. Big losers are individual U.S. investors more…
How Bad Energy Decisions Made Europe’s Energy Crisis Worse: IER Analysis
Though many blame the Russian attack on Ukraine as being the main driver of Europe’s energy crisis, the actual reason began well before the conflict, and is linked to bad energy decisions by the bloc, according to an analysis by the Institute for Energy Research (IER). Post the COVID-19 lockdown in 2021, energy demand in…
Bad Energy Decisions Made Europe’s Energy Crisis Worse: IER Analysis
Though many blame the Russian attack on Ukraine as being the main driver of Europe’s energy crisis, the actual reason began well before the conflict, and is linked to bad energy decisions by the bloc, according to an analysis by the Institute for Energy Research (IER). Post the COVID-19 lockdown in 2021, energy demand in…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta