Recession Alert: The U.S. Economy Faces a Tough Road Ahead
The term recession is becoming a frequent topic in discussions surrounding the U.S. economy. As economists and strategists weigh in, many agree that a recession is imminent. The U.S. economy,…
UBS sees EUR/CHF slipping amid rate cuts
UBS has revised its forecast for the EUR/CHF currency pair, anticipating a slight decline to 0.93 in the second half of 2024. The global economy’s soft landing has been favorable…
UBS sees GBP/CHF range-bound amid central bank moves
UBS’ latest commentary on the GBP/CHF currency pair indicates expectations for range trading in the near term, with its analysis highlighting the contrasting monetary policies of the Swiss National Bank…
UBS sees stable EUR/GBP with slight GBP advantage
UBS, on Tuesday, noted a stable outlook on the EUR/GBP rate with a slight downward bias for the pair, attributing the stability to similar monetary policy cycles between the Bank…
Oil prices fall 2% on economic worries, technical decline
By Paul Carsten LONDON (Reuters) -Oil prices slipped on Tuesday after rebounding more than 7% over the previous three sessions on supply concerns prompted by fears of widening Middle East…
Visa and Revolut Announce Global Partnership to Enhance Business Payments
Visa and Revolut have teamed up to provide instant card transfers for Revolut’s business customers using the Visa Direct system, Pymnts reported. This partnership, announced today (Tuesday), aims to eliminate…
Venezuela’s Maduro prepares executive changes at state oil firm PDVSA, sources say
CARACAS (Reuters) – Venezuela’s President Nicolas Maduro is getting ready to announce executive changes at state-owned oil company PDVSA and the oil ministry, part of key official moves following a…
Mexico to ‘pause’ relationship with US embassy after judicial reform criticism, president says
MEXICO CITY (Reuters) – The Mexican government has paused its relationship with the U.S. embassy in the country, the nation’s president said on Tuesday, after the U.S. ambassador criticized a…
UN watchdog says Russian nuclear plant ‘extremely exposed’ if attacked
KURCHATOV, Russia (Reuters) -A nuclear plant in western Russia, where fighting is raging between Russian and Ukrainian forces, is especially vulnerable to a serious accident because it lacks a protective…
Gold vs Bitcoin: Comparison for Safer Investment Decisions
In recent years, the term “Digital Gold” has become synonymous with Bitcoin. Investors and analysts frequently compare Bitcoin to traditional gold. Both assets serve as stores of value and have…
