The European Central Bank (ECB) predicts that the rise in energy prices, resulting from Russia’s war in Ukraine, will continue to weigh on consumer spending in the euro zone in the coming quarters, according to an analysis included in the ECB’s economic bulletin published this Wednesday. -Friday, 11. “Since energy prices and uncertainty remain high, […]
Suzanne
A journalist with over 7 years of experience in the news industry, currently working at World Stock Market as an author for the Entertainment section and also contributing to the Economics or finance section on a part-time basis. Has a passion for Entertainment and fashion topics, and has put in a lot of research and effort to provide accurate information to readers.
China’s central bank increases short-term liquidity injection ahead of holiday
China’s central bank increased liquidity on Wednesday, offering the banking system new funds for the first time this year to help meet seasonal demand ahead of the long holiday. The People’s Bank of China injected 87 billion yuan (US$12.84 billion) through reverse repurchase agreements in open market operations, according to an online statement. The central […]
TarcÃsio signs decree to reduce ICMS on aviation fuel by 2024
The governor of São Paulo, TarcÃsio de Freitas (Republicans) signed a decree this Tuesday (10) to reduce the Tax on Circulation of Goods and Services (ICMS) on aviation fuel. The rate goes from 13.3% to 12% and is valid until 2024. TarcÃsio also announced the creation of another 150 new flights in São Paulo in […]
Hong Kong stocks hit six-month high on recovery prospects
Hong Kong stocks closed higher on Monday as China streamlined Covid-19 control measures, while regulators hatched a plan to boost liquidity in the real estate sector, which analysts see as a major sticking point. of inflection. But China’s A-stocks ended lower amid a surge in domestic Covid-19 cases in the country. Hong Kong’s Hang Seng […]
Experts fear that simultaneous global crises will become frequent, says survey
Business executives, policymakers and academics are bracing for a world of criss-crossing crises, as rising volatility and depleted resilience increase the chances of simultaneous shocks. In its annual risk survey published on Wednesday (11), the World Economic Forum found that more than 80% of respondents expected “persistent crises” or “multiple shocks” in the next two […]
INSS floor rises more than ceiling and flattens pensions again
Retirements, pensions and other benefits from the National Social Security Institute (INSS) that have amounts above the minimum wage must be readjusted by 5.93% this year. This was the inflation variation in 2022 measured by the National Consumer Price Index (INPC) and released this Tuesday (10) by the Brazilian Institute of Geography and Statistics (IBGE). […]
Without drops in gasoline and electricity, IPCA would have been 9.56%, says IBGE
The Extended National Consumer Price Index (IPCA) stood at 5.79% in 2022, above the inflation target pursued by the Central Bank for the second consecutive year. The result would have been even greater were it not for the cut in taxes on fuel, electricity and telecommunications. Without the price drops in gasoline and electricity, the […]
Disney CEO orders employees to return to face-to-face work
Disney CEO Bob Iger, who recently returned to the helm at Disney after a brief hiatus, has ordered employees to return to corporate offices four days a week starting March 1. In an email sent to employees obtained by CNN , he said employees work better together in person. The memo was first obtained by […]
Mega-Sena: Prize accumulates again and goes to R$ 16 million; see drawn numbers
THE Caixa Econômica Federal held, this Tuesday (10), the draw for the Mega-Sena contest 2,553. The main prize was accumulated at R$ 12.5 million. According to the bank, no bet hit the six tens for the second time in a row and now the prize is estimated at R$ 16 million for the next draw, […]
BC cites global scenario and high commodity prices among the justifications for above-target inflation
The Central Bank released this Tuesday (10th) the open letter sent to the Minister of Finance, Fernando Haddad, by the President of the Central Bank, Roberto Campos Neto, and by the President of the National Monetary Council (CMN), Cristiano de Oliveira Lopes Cozer, in which they explain the main factors that led inflation in 2022 […]
