Tag: Economy

© Reuters. FILE PHOTO: The Central Business District (CBD) skyline is pictured at sunset in Sydney, Australia, June 4, 2021. REUTERS/Loren Elliott SYDNEY (Reuters) – Australia’s Treasurer Jim Chalmers said on Sunday that stubbornly-high inflation in the country has likely peaked, but conceded it remains a big economic challenge. Inflation is running at a 32-year…

© Reuters. Ex-Goldman Sachs banker Roger Ng exits the Brooklyn Federal Courthouse (EDNY) after being found guilty for his part helping embezzle from Malaysia’s 1MDB sovereign wealth fund, in Brooklyn, New York, U.S., April 8, 2022. REUTERS/Brendan McDermid   GS +0.09% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please…

The disgraced crypto king faces four new criminal charges from prosecutors…

© Reuters. FILE PHOTO: New Israeli Shekel banknotes are seen in this picture illustration taken November 9, 2021. REUTERS/Nir Elias/Illustration By Steven Scheer JERUSALEM (Reuters) – Israel’s shekel fell 1.5% versus the dollar on Wednesday amid a plan to overhaul the country’s judiciary, continuing a rapid decline that could prompt central bank intervention. The shekel…

© Reuters. FILE PHOTO: Pedestrians are reflected on a wall of the Reserve Bank of Australia (RBA) head office in central Sydney, Australia, October 3, 2016. REUTERS/David Gray SYDNEY, Feb 21 (Reuters) – Australia’s central bank, startled by the risk that inflation could prove stickier than previously thought, abandoned all thought of pausing at its…

© Reuters. FILE PHOTO: Lebanon’s Central Bank Governor Riad Salameh speaks during a news conference at Central Bank in Beirut, Lebanon, November 11, 2019. REUTERS/Mohamed Azakir CAIRO (Reuters) -Lebanon’s embattled central bank chief Riad Salameh said on Sunday he would leave his post once his latest term ends in July even if he is asked…

President Biden talks Blue-Collar Blueprint and bipartisan wins and failures…

© Reuters. FILE PHOTO: Secretary-General of the United Nations, Antonio Guterres speaks as he receives the University of Lisbon 2020 prize, in Lisbon, Portugal, January 5, 2023. REUTERS/Pedro Nunes/File Photo By Dawit Endeshaw ADDIS ABABA (Reuters) – African countries are getting a raw deal from the international financial system which charges them “extortionate” interest rates,…

2/2 © Reuters. FILE PHOTO: The Standard Chartered bank logo is seen at their headquarters in London, Britain, July 26, 2022. REUTERS/Peter Nicholls/File Photo 2/2   BLK +0.44% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value:…

It would be nice if investors and markets moved solely on the basis of fundamentals, economics, and financial analysis of businesses. But at times, investors appear to lack self-control, act irrational, and make decisions based more on personal biases than facts. The study of such psychological …