3+ hour, 15+ min ago  (912+ words) As Wall Street powers ahead and major banks go all out promoting the initial public offering (IPO) of the Elon Musk-owned Space X and those to come of the AI companies Anthropic and Open AI, collecting fat fees running into…...

1+ day, 2+ hour ago  (871+ words) The annual report on the international role of the euro published by the European Central Bank (ECB) this week points to the growing fragmentation of the global financial system amid attempts to shift away from dependence on the US dollar....

1+ week, 1+ day ago  (869+ words) The Financial Stability Review (FSR) issued by the European Central Bank (ECB) this week says the Iran war, combined with the other disruptions to the global economy resulting from the Trump administration, could set off a major financial crisis as…...

2+ week, 4+ day ago  (957+ words) Bond markets around the world experienced a major selloff last week with yields (interest rates) on government debt rising to their highest levels in many years as financial markets fear that inflation will surge even further as a consequence of…...

3+ week, 1+ day ago  (924+ words) Bond markets are sending out clear signals of tightening financial conditions as the global inflation surge from the US war on Iran continues and central banks prepare to lift interest rates. This week at a US Treasury auction of $25 billion…...

1+ mon, 1+ hour ago  (957+ words) The Reserve Bank of Australia (RBA) has followed the strident demands of the financial establishment by raising its base interest rate yesterday for the third time this year, wiping out all the cuts of 2025. An interest rate rise was always…...

1+ mon, 3+ day ago  (678+ words) The impact of the US-led war of aggression against Iran, which has produced a global fuel crisis the likes of which have not been seen for decades, is immediately clear. The overall price of automotive fuel rose 32. 8 percent in the…...

1+ mon, 6+ day ago  (1009+ words) The US Federal Reserve has kept its base interest rate on hold, but three members of its policy-making body, the Federal Open Market Committee (FOMC), indicated they are looking at rate increases in the future, possibly as early as the…...

1+ mon, 1+ week ago  (1206+ words) As the Albanese Labor government accelerates its attack on health, in the opening shot of what is a war on all social services, with massive cuts to the National Disability Insurance Scheme of $35 billion, the Australian economy is being hard…...

1+ mon, 1+ week ago  (773+ words) The working class in Britain faces a surge in unemployment as the economic shockwaves from the war on Iran push an already stagnating economy towards recession. New forecasts point to a sharp deterioration in labour market conditions, with up to…...