Asia-Pacific markets slide as recession fears mount, China vows to stabilize economy
Oil futures rise on hopes of demand recovery in China Oil futures rose during morning trading in Asia as optimism about China’s reopening leading to demand recovery outweighed recession fears….
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Experts reveal risk of ‘severe recession’ in Australia
An industry association has warned that it is “likely” that Australia could be hit by a “severe recession” in the coming years as the economic pain the country faces escalates….
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The Federal Reserve’s push for a “reverse wealth effect” is undermining crypto
The Federal Reserve’s strategy of raising interest rates may continue, making it difficult for the crypto industry to bounce back. For crypto assets to become the hedge against inflation, the…
Read more »Call for wealth tax as number of British billionaires rise 20% since pandemic | The super rich
The number of British billionaires has increased by a fifth since the start of the Covid pandemic, according to a report calling for a progressive wealth tax to tackle rising…
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Ministers are closing in on global agreement at historic UN nature talks
MONTREAL, Dec. 18 (Reuters) – Negotiators at a UN summit to protect nature moved closer on Sunday to a new global deal that could protect 30% of the world’s land…
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December 2022 Newsletter: The World’s Money Problem
December 18, 2022 Latest Article: This newsletter outlines some of the surprisingly basic problems with the global financial system. It then examines to what extent the cryptocurrency industry has tried…
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Increasing global price pressure threatens to lead to more rate hikes
Underlying price pressures are still mounting in most major developed economies, despite the recent decline in headline inflation, suggesting that central banks will need to continue to tighten policy in…
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FTX founder’s ex-girlfriend ‘has to make a choice’ as she reportedly works with officials: Marc Litt
Former U.S. Attorney Marc Litt took part in “Fox & Friends Weekend” to discuss the background of extradition and how SBF’s ex-girlfriend is reportedly cooperating with officials. The girlfriend of…
Read more »Ministers can and should give nurses a fair wage increase | Politics
Polly Toynbee is right to criticize ministers for falsely claiming that their hands are tied to public sector salaries by supposedly independent pay control agencies (Who do you believe: the…
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Porch pirates steal an estimated 260 million packages by 2021
Other | E+ | Getty Images You may not be the only one who likes to have packages delivered to your home. During the holiday season, as home deliveries rise…
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