Category: Economy

After US tariffs EU started to think about its position on global market and finally realize that an independent EU is a strong EU. Regarding the evets who may occur in future a big giants company like Visa, MasterCard, PayPal, and Alipay under supervision of the country where they operate can harm the EU market. Smart move of Christine Lagarde, the president of the European Central Bank, who has called for transformation in Europe's payment system. Her bold vision? Creating a European alternative to the digital payment platforms currently dominated by U.S. and Chinese players like Visa, MasterCard, PayPal, and Alipay. Lagarde describes this initiative as a “march towards independence,” a strategic move to establish financial sovereignty across the EU and reducing the influence of American and Chinese companies on…

The announced start of a digital currency by the ECB is incorrect, and as such has met with harsh comments because a large part of the population across Europe does not want a digital currency. At a recent press conference, Christine Lagarde mentioned the deadline as well as the next phase of digital euro preparation (October 2025), leaving a message that resonated on the Internet as the media reported that the launch of the digital euro was inevitable. A large number of media as well as European parliamentarians commented on Christine Lagarde announcement as a claim that the digital euro will revive in October. This media claim is incorrect, according to Christine Lagarde, even if it spread like wildfire through the social network and other media, encountering harsh criticism from…

The consequences of the Covid19 pandemic have caused an avalanche of changes in the business operations around the world. Those consequences left a large number of offices vacant. A large number of employees received the news about online work with disbelief, however, after a long time, productivity began to decline. Several factors have highlighted the advantages and disadvantages of working online. One of the reasons why banks and funds are bringing their employees back to the office is the belief that more heads at one place mean more ideas. Interaction is the essential key to finding adequate solutions in an organizational structure. People of various professions are at the fingertips of the management. Brainstorming and direct communication with clients and colleagues at work has its advantages. While working in isolation…

Reserve bank of Australia has confirmed to start cutting interest rates this week but the economy won’t feel anything to the end of this year. The research and prediction of RBA has target to cut its interest to 4.10% next week after the board meeting on Monday and Tuesday. Australian NIEIR institute has stated that for next eight months’ inflation pressure won’t end. The reason for such inflation pressure that Australia feel is coming from USA, because of the tariffs impact. However, these pressures will be ended in 2026 from a world recession from interest rate rises caused by a meltdown in United States bond markets, thus forcing a 2nd global financial crisis. The cause of the 2nd global financial crisis will be the inability of the United States to…

Recent trade tensions between America and China will have a negative impact on the European Union. In addition to the fact that the trade war will help certain economies to get their economy back on their feet, a large number of analysts as well as bank board members around the world are looking at this situation with reserve. A recent speech by ECB chief Pierre Cipollone has worried central banks across Europe. According to him, reducing the interest rate is the goal of the ECB, but there is no need to hurry because the economy is slowly struggling with the economic crisis that is a consequence of Russian war with Ukraine and pandemic. Inflation is slowly calming down, so a possible reduction in interest rates is on the horizon. The…

In recent days, Joe Biden has vacated the office of President of the United States, passing the economic "hot potato" to newly elected President Donald Trump. While some media outlets credit Biden with saving the economy and aiding Trump, many analysts remain skeptical, noting that media narratives often diverge from reality. Scott Bessent, CEO and CIO of Key Square Capital, has voiced concerns about the budget deficit, asserting that Biden has left the US economy in shambles, now handing the burden to Trump. Times Magazine's headline, "Don't Give Trump Credit for the Success of the Biden Economy," underscores Biden's role in economic growth. This year will reveal whether the "hot potato" is truly as volatile as it seems. Despite claims of economic progress, the US faces a precarious situation. The…

Following the election of Donald Trump as the future president of the United States, a new and interesting speech has caught the attention of analysts who now see the future of American policy in Canada and Greenland. Despite the various speculations heard by analysts around the world, President Donald Trump surprised a large number of those who saw US expansion in Europe. This move, in which the so-called appropriation of Canada and Greenland was announced, is a strategic goal of America to get the resources necessary for the development of its country. With this move, America would solve and ensure future economic development, because by appropriating territories like Canada and Greenland, they would enable them not only to expand their territory, but also strategically important goals that will put America…

As future US President Donald Trump said he would impose a 100 percent tariff on imports of goods from BRICS countries if they stop using the US dollar as the world's reserve currency, BRICS countries are facing a challenge in which it is necessary to secure certain raw materials for the functioning of their economies. In the past few years, we have witnessed the beginning of a trade war that will take its toll on economies around the world. The Chinese economy, one of the main BRICS economies, is facing a shortage of agricultural products, the same products it imported from the USA. From 2022, the import of goods from the U.S. began to slowly decrease and so from $43 billion imports were reduced in just one year to $34…

Europe As we are witnessing a high inflation in last few years around the world some central banks have decided to cut interest rate and try helping its economy growth. Reuters polled economists of European Central Bank who stated that ECB will cut another 25 basis point from its deposits rate on Dec.12 and another 100bps next year. This rapid move of cutting down interest rates is a response of U.S. tariffs who threatens ECB. Central banks around the world are witnessing a new trade war who’s going to put some fear in further decision of Central bank’s policymaker. All of this would not be happened if the new elected president of U.S. Donald Tramp proposed tariffs. As witnessing ECB has started to prepare a rapid way to support its…

Certain BRICS countries trade heavily in local currencies and are slowly preparing for complete de-dollarization, which aims to destroy the American economy by causing depression and inflation, which will be used as the main weapon. Events that are closely related to the economic situation in the world, such as the war in Ukraine and Palestine, have their own goal, and the big world countries use those events as a means of making money. After the recent election of President Donald Trump in America, the policy is slowly changing and as such it aims to restore the American currency as the number one currency in the world. Future president Donald Trump has threatened 100 percent tariffs on the BRICS countries if they continue to create a new currency. After this statement…