Powell, the head of the Federal Reserve, stated that the time has come for the institution to lower its benchmark policy rate. His remarks on Friday supported forecasts that the Fed will begin reducing interest rates next month in order to stop the labor market from falling off any more. The Fed Chief also stated…
A $2 trillion reckoning is on the horizon as global ports become pawns in geopolitics. The entry points to international trade must undergo expensive renovations to adapt to the new age of competition, automation, and renewable energy. #ports #globalmarket #wion About Channel: WION The World is One News examines global issues with in-depth analysis. We…
The new head of Bangladesh’s Central Bank said the country is requesting an extra $3 billion in emergency aid from the International Monetary Fund (IMF). This is to recover from the recent political unrest. #bangladesh #imfloan #wion About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more…
Powell said the moment has come for the central bank to cut its main policy rate. His speech on Friday confirmed predictions that the fed will start rate cuts next month and prevent further cooling in the Labour Market. Additionally, the Fed Chief said that inflation has been moderating towards the central bank’s target. #federalbank…
The Reserve Bank of India is set for a shakeup. The government is planning to replace three MPC members with new external experts as their terms expire. This move could significantly influence the central bank’s monetary policy decisions. #reservebankofindia #centralbankofindia #wion About Channel: WION The World is One News examines global issues with in-depth analysis….
Indian Prime Minister Narendra Modi began his one-day visit to war-torn Ukraine on Friday (Aug 23). This is the first visit by an Indian Prime Minister to Ukraine since its independence from the Soviet Union in 1991. Modi’s visit also comes as the war between Russia and Ukraine rages on. #ukraine #pmmodi #russiaukrainewar About Channel:…
Israeli airstrikes across southern Lebanon on Friday killed at least eight fighters and one child, according to security sources, as armed group Hezbollah responded with artillery rounds and rockets across the border. #israelhamaswar #hezbollahvsisrael #wion About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the…
Headlines of the hour: – Germany: 3 killed in knife attack – India to get US Anti-submarine warfare – Philippines: China fired flares at sea planes – 8 Hezbollah fighters dead in IDF strikes #germany #israelhamaswar #worldnews About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more…
Global stocks set a fresh all-time high after recouping losses from the deep selloff earlier this month. This is driven by investor confidence after Federal Reserve Chair Jerome Powell declared that the "Time has come" for rate cuts. #globalmarket #stockspower #wion About Channel: WION The World is One News examines global issues with in-depth analysis….
The U.S. Economy is facing a series of headwinds, with the latest being the disastrous government employment data release on Wednesday. This has led to renewed questions about the fairness and accuracy of economic data in the U.S. Investors are now bracing for the release of the federal reserve chair’s Jackson hole address, Nvidia’s earnings,…