U.K. Economy Grows Weakly
A small acceleration in the second quarter was better than analysts had expected.
Posted inBanking and Financial Institutions Central Bank of Russia Currency Economic Conditions and Trends Inflation (Economics) Putin, Vladimir V Russia Russian Invasion of Ukraine (2022)
Russia Tries to Bolster Ruble as Inflation Adds to Economic Woes
The central bank in Moscow took steps to counter the currency’s slide, but the war and resulting sanctions have put intense pressure on the economy.
Posted inBanking and Financial Institutions Central Bank of Russia Currency Economic Conditions and Trends Inflation (Economics) Politics and Government Ruble (Currency) Russia Russian Invasion of Ukraine (2022)
The ruble’s fall is raising concerns inside Russia about rising inflation.
The Russian currency has lost about a quarter of its value against the dollar this year, a reflection of the country’s roiling economy.
Posted inChina China Evergrande Group Country Garden Economic Conditions and Trends Foreign Investments Real Estate and Housing (Residential) Stocks and Bonds
Country Garden Is Latest Property Giant in China to Run Into Trouble
Country Garden, China’s last big property developer to avoid default, has spooked investors after missing key debt payments, rekindling memories of China Evergrande.