Economy
Inflation hits new record in Germany 2022
Annual inflation in Germany, which was 7.4 percent in April, rose to 7.9 percent in May with the latest rise in oil and gas prices. ……Read More
Economy
Economy
China uses digital yuan to boost consumption 2022
China is using the digital yuan to boost consumption in the economy hit by the pandemic. In the city of Shenzhen, 30 million digital yuan ……Read More
Economy
The World Economic Forum and New Global Multipolar Order
Not surprisingly, the World Economic Forum, the self-appointed architect of the post-pandemic world, has weighed in on what the global geopolitical reality will look like ……Read More
Economy
America’s Low Wages Crisis 2022
New research by Oxfam looks at the crisis of low wages in the United States: The report opens by noting that there are millions of ……Read More
Economy
Consumer Debt in America – The Pain That Lies Ahead
In a recent posting, I looked at comments by one of the world’s top central bankers, Agustin Carstens of the Bank for International Settlements (BIS) ……Read More
Economy
An Update on the Evolution of Central Bank Digital Currencies – March 2022
Over the past two years, it has become very apparent that certain nations including Canada, the United States, Australia, New Zealand and the United Kingdom ……Read More