LAST UPDATE 11:26 Hungary’s central bank has raised its overnight deposit rate to 3.1% from 2.9%, continuing a series of interest rate hikes as it tries to curb rising inflation. This is the fifth increase in interest rates in less than three weeks. The central bank has raised its one-week deposit rate by a total […]
Tag: International financial news
Hungary: Raises’s one-week deposit rate to 3.1% (upd)
LAST UPDATE 11:26 Hungary’s central bank has raised its overnight deposit rate to 3.1% from 2.9%, continuing a series of interest rate hikes as it tries to curb rising inflation. This is the fifth increase in interest rates in less than three weeks. The central bank has raised its one-week deposit rate by a total […]
Spain: The number of unemployed fell by 2.28% in November
The number of unemployed people in Spain decreased by 2.28% in November compared to December, or by 74,381 people, as unemployment reached pre-pandemic levels with 3.18 million people out of work. The figures mark the ninth consecutive month of falling unemployment rates and the lowest unemployment rate for November since 2008, the labor ministry said. […]
The ‘groom”s man: A close associate of Berat Albayrak, the new Turkish Ministry of Foreign Affairs
A day that began with the official announcement of the Central Bank of Turkey for interventions in the foreign exchange market in an attempt to “put a brake” on the collapse of the Turkish pound, ended with Finance Minister Lutfi Elvan submitting his resignation to President Recep Tayyip Erdogan. An article in the Official Gazette […]
Turkish YPOIK resigns – Close associate of ‘groom’ Berat Albayrak the new YPOIK
A day that began with the official announcement of the Central Bank of Turkey for interventions in the foreign exchange market in an attempt to “put a brake” on the collapse of the Turkish pound, ended with the Finance Minister Lutfi Elvan to submit his resignation to President Recep Tayyip Erdogan. An article in the […]
Turkey: Albayrak’s groom associate the new YPOIK – The photo with Gulen, the tweet about God
A day that began with the official announcement of the Central Bank of Turkey for interventions in the foreign exchange market in an attempt to “put a brake” on the collapse of the Turkish pound, ended with the Finance Minister Lutfi Elvan to submit his resignation to President Recep Tayyip Erdogan. An article in the […]
Global Economy: In the ‘nets’ of Omicron
“Moderately optimistic” is the OECD in the economic forecasts for this year and next year. Of course, everything will depend on the new mutation for the change of the economy. The global economy will grow by 5.6% this year, as the pandemic is now better controlled than last year and in most countries it is […]
South Korea: Inflation hit a 10-year high in November
Inflation in South Korea rose to a 10-year high in November, staying above the central bank’s target (2%) for the eighth consecutive month. The consumer price index rose 3.7% over the previous year, after rising 3.2% in October, according to the statistical service. The figures, which are the highest since December 2011, were higher than […]
USA: The threat of paralysis of the federal state is on the horizon again
The threat of running out of funds in the US federal state at the end of this week appeared again, on the horizon yesterday Wednesday in the US, as there has been no agreement in Congress so far on the draft interim budget that will prevent the risk. U.S. lawmakers have until Friday to agree […]
The ECB postpones crucial decisions on the bond market
By Leonidas Stergiou The Omicron mutation and the persistence of inflationary pressures from energy and the supply chain are changing the plans of the European Central Bank, which had timed the crucial decisions on the bond-buying program at its December 16 meeting. This is the conclusion reached by the two-day ECB Council, which concludes today. […]
