453 Articles 5 Followers
30 Oct 2024 4 minute read 0 comments Perfectionist25
In 2001, Jim O’Neill, an economist at Goldman Sachs, coined the term “BRIC.” It was a catchy acronym for Brazil, Russia, India, and China, and it quickly took its place in the global economy. These countries were seen as rising powers that could shak...
19 Oct 2024 5 minute read 0 comments Perfectionist25
The ECB has cut interest rates for the first time in 13 years at two consecutive meetings, reducing the benchmark deposit rate by 25 basis points to 3.25%, the lowest level since May 2023. The ECB also reduced the main refinancing rate from 3.65% t...
1 Oct 2024 2 minute read 0 comments Mando on Crypto
In recent years, China has taken a hardline stance against cryptocurrencies, with strict bans on trading, mining, and related activities. China, once known for its strong stance against cryptocurrencies, may be reconsidering its position. The governm...
30 Sep 2024 8 minute read 0 comments Perfectionist25
When we look at the indicators in the markets, the major fluctuations we have seen especially in the summer months have caused significant changes in the global markets. Emerging markets and low-capital technology investments are gaining strength aga...
28 Sep 2024 4 minute read 0 comments Perfectionist25
The stimulus package announced by China points to a global recovery for the coming period. The total size of the stimulus package aimed at economic recovery is worth $114 billion. China wants to support banks as soon as possible because major banks s...
26 Sep 2024 8 minute read 1 comment Perfectionist25
First, let's look at the good news from China. There is a great article on Bloomberg on this subject. It talks about the new stimulus packages of the People's Bank of China. It is a multifaceted package. It is not a bazooka, you know, it is not a big...
25 Sep 2024 1 minute read 2 comments alberdioni8406
China's central bank, the People's Bank of China (PBOC), is about to drop a $140 billion as stimulus package to boost their economy and, this is the largest financial support package since the pandemic. The country have been facing some serious defla...
15 Sep 2024 5 minute read 0 comments Perfectionist25
The weakening of the global inflationary wave is causing major central banks to start cutting interest rates. The ECB has lowered interest rates by 25 basis points to 3.5% due to the decline in headline inflation in the Eurozone and the outweighing g...
11 Sep 2024 1 minute read 0 comments Vladan Lausevic
TLDR Chinese firms criticized Mario Draghi's suggestion of tariffs to protect EU industries from Chinese competition, warning it could worsen trade tensions and disrupt the green technology supply chain. They advocate for cooperation over conflict, v...
2 Jul 2024 3 minute read 0 comments Perfectionist25
Tesla has finally achieved the explosion I have been waiting for for a long time. Tesla up roughly 40% in 3 weeks. It added $20 more to its value per share in the last two days. It is going very positive today as well, currently there is an increase...
