War and trade tensions trump cyber-fears for 2023, according to the Depository Trust & Clearing Corporation’s (DTCC) annual Systemic Risk Barometer Survey. Almost 70% of respondents cited geopolitical risks and trade tensions as a top threat (up from 49% last year), with inflation (61%) a close second, (up from 34% last year). Respondents cited unknowns around how long inflationary pressures
The foreign ministers of the 30 NATO allies gather for two days (Nov. 29-30) at the Palace of the Parliament in the Romanian capital Bucharest, addressing ways to step up support for Ukraine. The Bucharest meeting is symbolic for one obvious reason: It takes place in the site of a
Germany’s economy, the largest in Europe, is expected to contract in the
Under the theme ‘Recover Together, Recover Stronger’, the G20 leaders meet for
Israel’s newly sworn-in Foreign Minister Eli Cohen stated on Monday (Jan. 2) that the coalition government would be more reserved regarding the Russia-Ukraine issue, Haaretz reported. In his first address, Cohen, who took office last week as part of Prime Minister Benjamin Netanyahu’s new
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Russian President Vladimir Putin said on Friday (Dec. 30) he was expecting
United States House of Representatives Speaker Nancy Pelosi announced on Thursday (Nov.
The Organisation for Economic Co-operation and Development (OECD) said that global growth is set to slow to 3.1% in 2022 and fall even further to 2.2% in 2023 The OECD stressed that “uncertainty about the outlook is high” and the risks have become “more
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A trio of U.S.-based economists were awarded the Nobel prize in economic
Sharply rising inflation, political unrest, trade disruptions from Brexit and COVID, social
The annual inflation rate in the US decreased to 8.5% in July
Russia’s Finance Ministry said in a statement on Friday (Dec. 30) the maximum possible share of Chinese yuan in its National Wealth Fund (NWF) had been doubled to 60% and gold to 40%. The ministry also said its accounts in British pounds and Japanese
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India’s foreign exchange reserves rose to by a whopping $14.72 billion to
The Organization of the Petroleum Exporting Countries (OPEC) and the United States Energy Information
US stocks were slightly lower at the open on Thursday (July 28)
Romania-born human intelligence platform Nestor, announced a $2 million seed round. Lead investor, Eleven Ventures has been an early backer and key part of scaling into the global markets of companies such as Payhawk and Gtmhub in verticals like fintech and the future of work. “Every employee is unique. We envision a world where every employee receives the right opportunity
About 47 shops closed for good every day in 2022 in the UK, according to analysis from the Centre for Retail Research (CRR), an independent research body which provides analysis of retail sector trends. It says 17,145 stores on high streets and other locations across the country shut in total, up
Cosmetics giant Estee Lauder Companies Inc is nearing a deal to buy US
DeA Capital Real Estate SGR, part of the DeA Capital Platform –
