“Banking sector resilient” ECB raises interest rates significantly 03/16/2023, 2:15 p.m Despite severe turbulence on the financial markets, the European Central Bank is raising interest rates sharply again. In order to get inflation under control, it is raising the key interest rate by 50 basis points to 3.5 percent. With the sixth interest rate increase … Read more
Jakarta – Secretary General of the Indonesian Democratic Party of Struggle (PDI-P)PDIP) Hasto Kristiyanto said there was no need to worry about an alleged conflict of interest over his election Anwar Usman as chairman of the Constitutional Court (MK). According to him, as long as the president is Jokowi, there is no need to worry … Read more
American President Joe Biden met with the Prime Ministers of Great Britain and Australia. The leaders of the three countries agreed on the implementation of the “AUKUS” plan, which provides for British and American assistance to Australia to build at least 8 submarines. According to the expert, this is an extremely significant event that illustrates … Read more
In a stern warning, Moody’s called on the US central bank (the Federal Reserve) to immediately stop monetary tightening and not rush into raising interest rates next Wednesday. She said, “The market is on the edge of the abyss, waiting for any event to fall!” The global rating agency believes that the Fed is paying … Read more
As liquidity problems erupted in the US and European financial institutions, the US Federal Reserve (Fed) and European Central Bank (ECB) responded swiftly to the event. Whether it is announcing deposit protection to end the Bank Run problem, including injecting assistance through short-term loans to prevent the problem from spreading. However, these solutions may only … Read more
Who, after the bankruptcy of Silicon Valley Bank in the United States and the severe difficulties of the Swiss Credit Suisse expected a change of orientation in the monetary policy of central banks westerners, is probably quite disappointed. Not only has the ECB raised the interest rate again by 50 basis points, bringing the interest … Read more
Vilnius city panorama. Photo of Judita Grigelytė (VŽ). After several years of steady growth, global house prices have recently fallen in two-thirds of the countries with the latest data from the Organization for Economic Co-operation and Development (OECD). OECD announces that house prices in 2022 In the last quarter, compared to the previous quarter, it … Read more
Published: 2023-03-17 08:02 Martynas Endrijaitis, deputy head of VMI, associate professor of the Faculty of Law of Vilnius University. Photo of Judita Grigelytė (VŽ). Martynas Endrijaitis Deputy head of VMI, associate professor of the Faculty of Law of Vilnius University There is no single answer to this question – the interest on the loan for … Read more
The misdeeds of the big banks, while marking a potential threat to the global financial system, have been good, at least in the short term, for cryptocurrencies. The price of the industry leader “Bitcoin” has increased by more than 20% in less than five days. Some are already predicting that this year the price could … Read more
After Credit Suisse’s financial turmoil, the European Central Bank (ECB) still raised interest rates by 2 yards as planned,dollar indexResponded,New Taiwan dollarThe exchange rate turned upward today (17), breaking through the 30.6 yuan barrier, and the highest reached 30.566 yuan, an appreciation of 6.5 cents. Taiwan stocks also opened higher and rose more than 200 … Read more