Economy
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Federal Reserve holding a meeting to reassure the economic community
US, WASHINGTON (NEWS OBSERVATORY) — The US Federal Reserve holds a financial meeting on Wednesday in an effort to persuade…
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Global markets generally returned to the green zone
US, WASHINGTON (NEWS OBSERVATORY) — One of the worst weeks in the history of world stock markets culminated in the…
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Fed will inject $ 1.5 trillion in liquidity to calm markets
US, WASHINGTON (NEWS OBSERVATORY) — The Federal Reserve on Thursday tried to stop the market crash by offering short-term loans…
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World’s richest people lost almost $ 1 trillion since the beginning of the year
US, WASHINGTON (NEWS OBSERVATORY) — The 500 richest people in the world lost a total of $ 331 billion on…
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US economist predicted a new global financial crisis
US, WASHINGTON (NEWS OBSERVATORY) — American economist Jesse Colombo said that the world is waiting for a new financial crisis,…
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Chinese virus vs. world economy
US, WASHINGTON (NEWS OBSERVATORY) — According to data on Monday morning, February 3, the number of 2019-nCoV coronavirus infected in…
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Car sales collapse in China
US, WASHINGTON (NEWS OBSERVATORY) — Auto sales plunged 79% in February in China, the largest monthly decline on record, driven…
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European Central Bank keeps rates unchanged
US, WASHINGTON (NEWS OBSERVATORY) — European Central Bank keeps rates unchanged despite coronavirus. The European Central Bank (ECB) announced on…
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Venezuelan inflation exceeds 100% since the beginning of the year
US, WASHINGTON (NEWS OBSERVATORY) — The price increase in Venezuela for two months of this year exceeded 100%. Such data…
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Japan to take emergency measures to stabilize falling stock market
US, WASHINGTON (NEWS OBSERVATORY) — The Bank of Japan (Central Bank) is ready to take emergency financial measures in order…
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