Categoria: News Finance
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Denaro e Privacy
Operazioni allo sportello in riservatezza, la banca come la chiesa .Il correntista con il funzionario . Il Suo confidente . Si andava in banca per condividere pensieri con Lui circa il proprio risparmio . Non ultimo , se si aveva necessità di credito , lo si chiedeva in modo riservato . Quasi segreto . Specie…
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China sets GDP target at 5% and raises budget deficit level as trade war intensifies
China sets its GDP growth target at 5% for 2025, unchanged from last year, despite rising risks of trade tariffs. China set the economic growth target at 5% for 2025 at its annual government meeting, while unleashing more stimulus measures to bolster the economy as trade tensions with the United States escalate. Increasing deficit level…
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Warren Buffett offers lessons on investing in his annual Berkshire Hathaway letter
Billionaire Warren Buffett is viewed as one of the world’s greatest investors, so his annual letters to Berkshire Hathaway shareholders are always read closely for lessons. Buffett no longer ventures much into politics or current events in his letters, so he won’t offend anyone who might take it out on his many companies that include well-known ones…
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Rise of US dollar forwards builds risk for Asia’s central banks
Central banks across Asia are increasingly using derivatives to protect their currencies against a strong US dollar, raising questions over how long they can do so and whether they are just storing up trouble for the future. The Reserve Bank of India’s net US dollar short forward position – the amount of dollars that will be…
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Russia Skirts Sanctions Using Bitcoin
Efforts by the West to punish Russia using an array of sanctions are being undermined as Russian companies increasingly use Bitcoin to evade penalties. In December, Finance Minister Anton Siluanov acknowledged Russian firms were already using Bitcoin and other cryptocurrencies for international trade following a bill signed into law by President Vladimir Putin. The law,…
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Credit Agricole vows to defend Italian interests after strong end to 2024
Credit Agricole (CAGR.PA), opens new tab has vowed to defend its interests in Italy, with outgoing CEO Philippe Brassac saying the French bank had no plans to buy Banco BPM (BAMI.MI), opens new tab, which is the target of an unsolicited bid from UniCredit (CRDI.MI), opens new tab. “Our only motivation is to defend our own interests, we are…
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IMF chief: Eurozone has tools for greater growth if it learns from US
The head of the IMF, Kristalina Georgieva, was speaking at a panel in Davos alongside ECB President, Christine Lagarde. The eurozone should look to the United States if it wants to compete more effectively for global investment, said managing director of the International Monetary Fund (IMF) Kristalina Georgieva, on Friday. “The United States has a…
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Tanzania: East Africa’s New Powerhouse
Tanzania’s socioeconomic transformation drives economic dominance by attracting substantial investments and dominating intraregional trade. Tanzania is undergoing eye-catching socioeconomic transformation. The East African nation has opted to go on quietly pursuing economic supremacy. Outsiders, however, are taking note. Kenyan President William Ruto is among them. In late November, he acknowledged Tanzania’s trade performance, which is…
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Developing economies have greater challenges ahead, warns World Bank
Weak investment and climate change threaten growth in developing economies after a period of strong expansion. By the end of this year, developing economies are expected to record the weakest long-term growth outlook since 2000, said the World Bank on Thursday. In this case, developing economies include all those that are not classified as advanced…
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Trump plans crypto-friendly orders in first few days in power
President-elect Donald Trump is planning to use his executive powers to reduce the regulatory burden faced by cryptocurrency companies and promote digital asset adoption in his first few days in office, according to three people briefed on the plan. Trump, who courted crypto cash on the campaign trail with promises to be a “crypto president,” is expected…