SEC Chair Pledges to Unveil Clear Regulatory Framework for Cryptocurrency Market
SEC Chair Paul Atkins announces plans to establish clear regulations for the cryptocurrency market, addressing past regulatory uncertainties and fostering innovation.
Economy News
Bank of Russia Holds Steady: Key Interest Rates Remain at 21% Amid Inflation Battle
The Bank of Russia keeps its key interest rates at 21% to combat inflation, aiming for a 4% target by 2026. Despite efforts, inflation remains high, with forecasts unchanged and do...
UK Chancellor Rachel Reeves Prioritizes EU Trade Over US, Citing Proximity and Partnership
British Chancellor Rachel Reeves emphasizes the UK's trade relationship with the EU as more crucial than with the US, citing proximity and partnership. Plans include meetings with ...
April's Sharp Decline in US Consumer Confidence Signals Economic Uncertainty Ahead
US consumer sentiment in April fell sharply, with a 8.4% monthly and 32.4% annual decline, signaling growing economic uncertainty. The Current Economic Conditions and Consumer Expe...
BoE's Megan Greene Expresses Uncertainty Over Future US Tariffs and UK Economic Challenges
Bank of England's Megan Greene discusses the uncertainty of future US tariffs, UK economic challenges, and potential trade diversions from China, highlighting concerns over supply ...
Inflation in Russia Expected to Decline by May, Central Bank Governor Nabiullina Announces
Russian Central Bank Governor Elvira Nabiullina forecasts a decline in inflation by May, with a cautious stance on monetary policy. The bank maintains a 21% interest rate to stabil...
US Oil Rig Count Rises Slightly to 483, Marking a Weekly Increase Amid Annual Decline
The U.S. oil rig count increased slightly to 483 in the week ending April 25, with a notable annual decline. Gas rigs also saw a modest weekly increase. Canada experienced a decrea...
UK and US Edge Closer to Landmark Trade Deal: What It Means for Both Nations
UK Chancellor Rachel Reeves meets US Treasury Secretary Scott Bessent to discuss a trade agreement beneficial for both countries, with the UK ready to remove trade barriers but ins...
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