Economy

Banks Fail to Comply with Anti-Corruption Rules and Sanctions Lists | Banking

According to a study, criminals, including terrorists and tax evaders, as well as government officials subject to sanctions, can easily violate regulations designed to exclude them from the international financial system. Banks and other financial firms around the world, including in the UK, are failing to comply with international anti-corruption rules, according to a study …

Banks Fail to Comply with Anti-Corruption Rules and Sanctions Lists | Banking Read More »

Russian oil sanctions are about to come into effect.  And they could significantly disrupt the markets

Russian oil sanctions are about to come into effect. And they could significantly disrupt the markets

European oil sanctions are due to come into force on December 5. The idea is to reduce Russia’s oil revenues given its war in Ukraine. Andrei Rudakov | Bloomberg | Getty Images Upcoming sanctions on Russian oil could be “really disruptive” for energy markets if European countries fail to set a cap on prices, analysts …

Russian oil sanctions are about to come into effect. And they could significantly disrupt the markets Read More »

File photo dated 13/01/03 of shoppers in a Morrison's Supermarket in Winsford, Cheshire. Consumers have seen the price of hundreds of popular grocery items rise by more than 20% over the last two years alongside a drop in supermarket discounts and budget ranges, a study has found. Issue date: Saturday May 21, 2022.

Brexit added £210 to household food bills, new research finds | Politics News

Brexit has added £210 to household food bills over the 24 months to the end of 2021, new research has found. Analysts from the Center for Economic Performance (CEP) at the London School of Economics said additional controls and requirements on goods crossing the border had raised food prices by 6% overall, burning a hole …

Brexit added £210 to household food bills, new research finds | Politics News Read More »

UK house prices fall at fastest pace since 2020 amid mini budget fallout | housing market

UK house prices fell at the fastest pace in two-and-a-half years in November as the fallout from Liz Truss’ disastrous mini-budget put off buyers according to Nationwide, which warned that inflation and rising interest rates would weigh on the market in the coming months. . The price of an average home fell 1.4% to £263,788 …

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One of us is a millionaire, the other a caregiver. The cruel divide between rich and poor disgusts us both | Julia Davies and Winsome Hill

Julia Davies is a member of the campaign group Patriotic Millionaires We both come from very different worlds. One of us is a millionaire investor, the other a social worker and union member. We have totally different experiences of the economy, but we share the fundamental belief that it is broken – and the government, …

One of us is a millionaire, the other a caregiver. The cruel divide between rich and poor disgusts us both | Julia Davies and Winsome Hill Read More »

One of us is a millionaire, the other a caregiver. The cruel divide between rich and poor disgusts us both | Julia Davies and Winsome Hill

Julia Davies is a member of the campaign group Patriotic Millionaires We both come from very different worlds. One of us is a millionaire investor, the other a social worker and union member. We have totally different experiences of the economy, but we share the fundamental belief that it is broken – and the government, …

One of us is a millionaire, the other a caregiver. The cruel divide between rich and poor disgusts us both | Julia Davies and Winsome Hill Read More »

USD/JPY slides towards 136.00 as BOJ-Fed game heats up ahead of US PCE inflation

USD/JPY slides towards 136.00 as BOJ-Fed game heats up ahead of US PCE inflation

USD/JPY is accepting offers to update the 14-week low during the four-day downtrend. BOJ’s Noguchi teases stimulus withdrawal to propel JPY lately. Fed’s Powell, US Treasury Secretary Yellen favored hopes of lower rate hikes. USD/JPY stands on shaky ground, extending the previous run south to the lowest levels since late August after the Bank of …

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New York and Singapore top the list of the most expensive cities in the world in 2022 | Mondial economy

New York was the world’s most expensive metropolis in 2022, sharing the unwelcome title with Singapore as soaring energy prices doubled the rate of inflation in the world’s major cities, according to the annual survey. ‘Economist Intelligence Unit. Last year’s leader Tel Aviv fell to third place, while Sydney slipped into the Top 10 and …

New York and Singapore top the list of the most expensive cities in the world in 2022 | Mondial economy Read More »

Robert Kiyosaki Warns Economy Is 'Biggest Bubble' in History, Urges Investors to Ditch Paper Assets - He Likes These 3 Real Assets Instead

Robert Kiyosaki Warns Economy Is ‘Biggest Bubble’ in History, Urges Investors to Ditch Paper Assets – He Likes These 3 Real Assets Instead

‘God have mercy on us all’: Robert Kiyosaki warns economy is ‘biggest bubble’ in history, urges investors to ditch paper assets – he prefers these 3 real assets instead 2022 has been tough for most investors. Stocks have plunged, bonds have fallen, and even broader benchmark ETFs are deep in the red. But the worst …

Robert Kiyosaki Warns Economy Is ‘Biggest Bubble’ in History, Urges Investors to Ditch Paper Assets – He Likes These 3 Real Assets Instead Read More »