Economy & Money

World’s largest printer of money is running out of cash

World’s largest printer of money is running out of cash

The company that prints the UK’s banknotes and currency for 140 other countries has issued a warning of possible collapse,
US unemployment rate falls to 50-year low of 3.5%

US unemployment rate falls to 50-year low of 3.5%

The US unemployment rate has fallen to a 50-year low, presumably easing recession worries after latest weak financial information. The
ROTHSCHILD wants to help Saudi BINLADIN Group restructure debt

ROTHSCHILD wants to help Saudi BINLADIN Group restructure debt

Multinational funding banks Rothschild and Moelis have been shortlisted to advise on restructuring about $15 billion of debt at Saudi
Fitch slashes Saudi Arabia’s credit rating over ‘risk of further attacks’

Fitch slashes Saudi Arabia’s credit rating over ‘risk of further attacks’

Rating company Fitch has downgraded Saudi Arabia’s credit rating from A+ to A citing geopolitical dangers and a downturn within
Trump warns again that the stock market would crash if he is impeached

Trump warns again that the stock market would crash if he is impeached

President Donald Trump warned in a tweet Thursday amid the Ukraine whistleblower inquiry that the stock market would soften down
Bitcoin, Ethereum, Ripple’s XRP, And Litecoin In Shock Meltdown

Bitcoin, Ethereum, Ripple’s XRP, And Litecoin In Shock Meltdown

The bitcoin and cryptocurrency market all of a sudden went into meltdown at the moment, with the bitcoin worth dropping
US grants Apple tariff exemptions despite Trump’s earlier no-go

US grants Apple tariff exemptions despite Trump’s earlier no-go

The US has granted exemptions from tariffs on elements for Apple’s new Mac Pro and on some equipment made in
Why is the Fed pumping money into the banking system?

Why is the Fed pumping money into the banking system?

The US central financial institution has pumped extra than $200bn (£160bn) into the monetary system this week – the first
JP Morgan traders accused of manipulating price of gold, silver for a DECADE

JP Morgan traders accused of manipulating price of gold, silver for a DECADE

Precious metals traders at JP Morgan made hundreds of thousands via fraudulent trades, working a sprawling felony conspiracy to manipulate
Russia & Iran to switch to SWIFT-free banking system

Russia & Iran to switch to SWIFT-free banking system

Russia and Iran will switch funds utilizing an alternate system to the internationally acknowledged SWIFT cash switch community, the governor
Russia will only borrow in currencies other than US dollar – finance minister

Russia will only borrow in currencies other than US dollar – finance minister

Russia will not take out loans in US {dollars} for the rest of this 12 months and the entire of
France vows to block Facebook’s Libra cryptocurrency on European soil

France vows to block Facebook’s Libra cryptocurrency on European soil

The French Finance Ministry has deemed Facebook’s Libra digital forex too dangerous to be licensed for growth in Europe. “All
Hong Kong Stock Exchange offers to buy London Stock Exchange for $36.6 billion

Hong Kong Stock Exchange offers to buy London Stock Exchange for $36.6 billion

Hong Kong Exchanges (HKEX) and Clearing has launched a takeover bid for London Stock Exchange Group, providing considered one of
China boosts gold reserves by nearly 100 tons

China boosts gold reserves by nearly 100 tons

China’s overseas alternate reserves jumped to $3.1072 trillion regardless of the falling yuan and escalating commerce struggle with the US,
US oil market suffering as the trade war escalates

US oil market suffering as the trade war escalates

The ongoing trade war with China is impacting many industries. Market volatility is being exacerbated by President Trump’s sample of
British pound sinks to 34-year low against US dollar

British pound sinks to 34-year low against US dollar

The pound has dropped to its lowest level since 1985, after British Prime Minister Boris Johnson vowed to name one
World’s 1st crypto banks get licenses in Switzerland

World’s 1st crypto banks get licenses in Switzerland

The Swiss monetary regulator has granted capital market and securities seller licenses to 2 blockchain firms, set to develop into
China to slap retaliatory tariffs on $75 billion-worth of US goods, targeting soybeans, oil & cars

China to slap retaliatory tariffs on $75 billion-worth of US goods, targeting soybeans, oil & cars

Beijing has lastly unveiled its response to Washington’s newest tariffs, vowing to hike levies on $75 billion-worth of US exports