Economy

Information technology (IT) stocks helped India’s key indices hit fresh all-time highs on Friday as strong US economic data eased fears of a slowdown and improving overall sentiment. The Nifty 50 was up 0.72% at 19,108.20 and the S&P BSE Sensex was up 0.78% at 64,414.84 as of 10:05 am. Midcaps and small caps hit new all-time highs and 52-week …

International•Jun 29 ’23 at 5:17 PMAuthor of the book: Bram van Eindhoven Chinese President Xi Jinping has introduced a new law to crack down on the US. On Saturday, the law will come into force allowing China to take measures to combat “suppression of China’s development”. US Secretary of State Anthony Blinken met with Chinese President Xi Jinping during his …

28 jun 2023 om 23:46 23 Biggest US Banks Will Survive Severe Economic Crisis This is the Federal Reserve’s conclusion based on its annual stress test. The US Federal Reserve tested whether banks would have enough cash if unemployment rose to 10 percent. It also looked at what would happen if commercial real estate lost 40 percent of its value. …

The United States and China have agreed to increase the number of commercial flights between the two countries to improve people-to-people ties, the top US diplomat for East Asia, Daniel Grittenbrink, said on Wednesday. He told an event at the Center for Strategic and International Studies in Washington that the countries had agreed to “see a gradual increase in the …

Great Louis Vuitton enters the world of Web3 and NFTs as so-called “treasure trunks”. This is the first in a series of projects that Louis Vuitton is trying to persuade its customers to enter into its elite digital products. A limited series of NFTs will each fetch $41,712 (or 39,000 euros). What do you get? Customers of the popular fashion …

Photo: ANP The World Bank is raising its forecast for global economic growth in 2023, thanks mainly to better-than-expected growth in major economies such as the US, the eurozone and China. However, the forecast for next year has been lowered. This year, the company now expects a 2.1 percent increase from Washington. It still expects growth of 1.7 percent in …

Introduction VVD MP Idsinga also wants Dutch citizens living abroad to be included in Dutch income tax based on their nationality. It seems from Parliamentary Questions He presented it to Van Rij, Secretary of State for Finance, on 31 May 2023. Because of the questions Volkskrant essay by Robert Keebles. Max Verstappen living in Monaco could cost tax authorities €100 …

Photo: ANP Global wheat prices rose after news of a dam collapse in Ukraine. In addition to the thousands of people at risk from the collapse of the Nova Kakovka Dam, a flood threatens to disrupt grain exports. Wheat prices rose as much as 3 percent on Tuesday, but later fell slightly. The destruction of the dam, possibly due to …

Photo: ANP Crypto exchange Finance and founder Changpeng Zhao have been sued by the US Securities and Exchange Commission (SEC). They allegedly mishandled customer deposits, misled investors and regulators and violated securities laws. SEC Chairman Gary Gensler argues that consumers should not put their “hard-earned assets” into “these fraudulent sites.” Finance called the fee disappointing in a response. The crypto …

On Monday afternoon, Kiev confirmed that it had launched “offensive operations” in some units of the front. They have already made gains to the Ukraine near the destroyed city of Pakmut. At the same time, the Ukrainians are playing down the scale of the attacks, which Moscow says has been thwarted. The Russian military announced yesterday that it had killed …