…The banks and Musk would quickly regret their haste as interest rates surged and technology stocks plunged….

It’s Halloween!

…The US and British central banks are both expected to deliver hefty rate rises in meetings in the coming week. The European Central Bank on Thursday raised its deposit rate to its highest since 2009….

…Despite this, the European Central Bank is persisting in raising interest rates to tackle raging inflation….

The European Union has frozen Russian assets worth around 17 billion euros ($16.9 billion) since Moscow invaded Ukraine, EU Justice Commissioner Didier Reynders said in an interview published Saturday, Oct. 29.

…The Bank of England is expected to raise rates by the largest amount in 33 years next week as it fights the highest inflation in four decades….

The head of the Main Intelligence Directorate of Ukraine’s Ministry of Defense, Kyrylo Budanov, has said he believes that the seizure operation of Kherson, temporarily occupied by Russia, will most likely last until the end of November.

Industry associations from Hungary and Thailand plan to cooperate on implementing blockchain technologies in the financial services sector.

…Germany’s finance minister has rejected common borrowing by the EU as a way to address the bloc’s energy crisis, saying it was cheaper…

…and a recent rebuke from its regulator. Solaris, which has a German bank ing licence and offers white-label bank ing services to fintechs and corporate clients…