Ondrej Strádal supports using CBR assets for reparations, is reassessing RMB and expects US recession

In 2020, as Britain faced the brunt of the COVID-19 pandemic, it saw its biggest fall in output for more than 300 years, and a bigger fall than any other major economy showed updated official figures.

MPC says short-term inflation expectations have fallen, but warns of faster increases in house prices

Officials in the Ukrainian capital, Kyiv, have banned public celebrations commemorating independence from Soviet rule, citing a raised threat of Russian attack in the war.

Inflation has taken a toll on the savings accumulated by Germans during the COVID-19 pandemic, a report by the Munich-based Ifo Institute said on Tuesday.

Yi Gang summons bankers as PBoC says economy faces “critical moment’

Most institutions do not want more AML/CFT powers

…Former Bank of England governor Mervyn King’s “nice” era of non-inflationary consistent expansion ended with the global financial crisis….

…In August, Musk subpoenaed Goldman Sachs and JPMorgan Chase for details about how the Wall Street banks advised Twitter on the contentious deal….

The SKB bank, which is owned by the Hungarian OTP Group, posted a net profit of EUR 25.1 million in the first half of the year, which is 20% more than in the same period last year, which the bank largely attributed to the overall economic recovery after the Covid-19 epidemic.