US President Donald Trump has announced he is firing Federal Reserve Governor Lisa Cook, a dramatic and unprecedented move that escalates his conflict with the […]
Month: August 2025
Global Trade Uncertainty Persists Despite New Agreements, ECB President Warns
The President of the European Central Bank (ECB), Christine Lagarde, has issued a stark warning that global trade uncertainty continues to weigh on the world […]
China Weighs Yuan-Backed Stablecoins in Bid for Global Currency Influence
In a potentially landmark policy reversal, China is considering the legalization of yuan-backed stablecoins as part of a new, concerted effort to expand the global […]
UK Inflation Rises to 3.8% in July, Raising Doubts on Rate Cuts.
The UK’s inflation rate has unexpectedly risen to 3.8% in the year to July, up from 3.6% in June, according to the latest figures from […]