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[ November 19, 2024 ] France Targets the Wealthy with New Tax Hikes to Tackle Deficit Economic News
[ November 15, 2024 ] China’s Exports Surge as Global Demand Remains Strong, But Trade Tensions Loom Balance of Payments
[ November 13, 2024 ] VW Boosts Rivian Joint Venture with an extra $5.8 Billion Consumer and Business Behaviour
[ November 5, 2024 ] American Brands are Feeling the Squeeze as Sales Drop in China Consumer and Business Behaviour
[ November 1, 2024 ] Russia Slaps Google with an Unpayable Fine for Blocking State Media Economic News

UBS to the Rescue! Swiss Bank Saves Rival Credit Suisse in Multi-Billion Dollar Deal

March 20, 2023 TheCuriousEconomist Comments Off

UBS has agreed to buy its rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) in a bid to save the troubled bank from financial collapse. This move comes as Swiss regulators and governments […]

Central Bank of Sri-Lanka raises the interest rate to curb inflation

March 7, 2022 TheCuriousEconomist Comments Off

As inflation spikes throughout the Sri-Lankan economy, the central bank has responded by increasing the interest rate from 5.5% to 6.5%. This tightening of monetary policy follows three consecutive months of double-digit inflation, with the […]