Norinchukin Bank plans to sell approximately ¥10 trillion ($63 billion) in U.S. and European sovereign bonds to mitigate losses from adverse interest rate bets, according to a spokesperson for the Japanese agricultural bank.
Biden commits U.S. taxpayers to 10 years of 'blank check' funding of war in Ukraine: War's 'dark side' includes organ harvesting and child sex trafficking
A cashless society is one in which financial transactions are conducted primarily through digital means rather than physical cash, relying on technologies like credit cards and mobile payments.
It's become a bit (or more than a bit) of a joke: Biden is doing everything in his power - and beyond that too now that Fed Chair Jerome Powell has admitted what we have been saying all along and that the White House has been "overstating" jobs...
It probably comes as no surprise to you that, these days, the middle class, the backbone of the nation, are struggling. "Gasping for air," as Newsweek puts it.
In light of the recent resurgence of inflation on top of increasingly rigged employments stats, declining manufacturing and stagnant wages I think it's important to revisit a fundamental question: What does an economic collapse look like?
According to politician Mikhail Bondar, criminal proceedings are underway in Ukraine in relation to dozens of cases of alleged embezzlement and theft of funds earmarked for the military.
America has become a nation bifurcated into haves and have-nots, and this is generating large-scale, enduring economic, social and political consequences.
Fort Worth's Burnett Plaza has dominated the city's skyline as its tallest building since 1983. In San Jose, the property at 3100 North First Street was similar to one of the city's premier commercial destinations. Both properties became distressed a
According to the latest data from the FDIC, the U.S. banking system is sitting on $517 billion in unrealized losses due to deteriorating bond portfolios.
Canada's Big Six banks are adding billions of dollars to their emergency funds as mortgage renewals approach for more than three quarters of homeowners. Andrew Chang explains why the banks are preparing for more delinquencies, and who's most at risk.
Retail stores are being shut down at a staggering rate all over the country. If we stay on the pace that we are on, the total number of stores closed in 2024 will be nearly 40 percent higher than the total number of stores closed in 2023.
• https://www.lewrockwell.com, By Alasdair Macleod
A realisation that the US economy is sliding into recession persuades mainstream economists that prices, interest rates, and bond yields will fall after all. They ignore instability in the dollar
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