The growth prospects for the EU have been revised sharply downwards after Russia’s invasion of Ukraine put paid to hopes of a strong and sustained recovery from Covid-19 over the next two years. Rocketing energy prices as a result of the conflict have pushed up inflation and increased economic headwinds during a period when they …
EU growth forecast cut as war in Ukraine fuels inflation | European Union Read More »
> McDonald’s to sell its Russian business amid Russia-Ukraine war – YouTube新功能 .
BRUSSELS (AP) — The European Union’s efforts to impose a new round of sanctions against Russia over the war in Ukraine appeared to be bogged down on Monday, as a small group of countries opposed to a ban on imports of Russian oil. Since Russia invaded on Feb. 24, the bloc has implemented five rounds …
EU’s Russia sanctions effort slows over oil dependency Read More »
> China’s economy takes a hit from Covid-19 lockdowns • FRANCE 24 English – YouTube新功能 .
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. London CNN Business — US banks had a stellar run in late 2020 and 2021. Stocks in …
Premarket stocks: The pandemic-era rally is now a distant memory for some stocks Read More »
> The Fed’s delayed inflation response was a mistake, says former Chair Ben Bernanke – YouTube新功能 .
Andranik Hakobyan/iStock via Getty Images Goldman Sachs is lowering its expectations for the US economy, while boosting its jobless forecast. Goldman now expects GDP annual growth of 2.4% in 2022, down from 2.6%, with 2023 growth of 1.6%, down from 2.2%. “Since we introduced our framework, our FCI has tightened by over 100bps and the …
Goldman cuts US GDP forecast as financial conditions tighten (NYSEARCA:SPY) Read More »
The red-hot housing market is starting to cool this spring, after nearly two years of soaring prices and shrinking inventories. Why it matters: Homebuyers and renters who’ve been struggling to find an affordable place to live will have more choices and fewer bidding wars — if only just a little. What’s happening: The supply of …
The crazy housing market is slowing but it’s still out of reach for many buyers Read More »
> The cryptocurrency crisis explained | 7NEWS – YouTube新功能 .
Former President Trump plans to partially restrict himself from using Twitter, according to a new federal securities filing from the blank check company taking his social network, Truth Social, public. Why it matters: Trump previously said he wouldn’t return to Twitter, even if reinstated by Elon Musk, but many believe it’s a hollow promise. What …
Trump partially restricts himself from using Twitter Read More »
