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Once again Wall Street has come back into the claws of the bear markets because investors feel anxious over inflation and higher interest rates. It is also a clear signal from FED that it will raise interest rates aggressively to overcome inflation. Investors are forced to reconsider their decision about what they are going to […]
Fuel prices hike are damaging the businesses in multiple ways. One of the common related business is the ice-cream business that appears to be affected the most after logistics. The rising petrol prices are forcing the ice cream vendors to ditch their livelihood. Many of the frosted treats that are welcomed during the summers use […]
Is it true? Silk bank will receive Rs.12 billion! After the significant announcement by Silk Bank Limited of an Expression of Interest from M/s. Park View Enclave (Pvt.) Limited to invest Rs 12 Billion in the bank’s capital and the approval from the Board of Directors to carry forward this process, the financial results for […]
Crises in Sri Lanka is a painful thing for all of us. But let find how the world see it! Weakness in internal politics is the base of disturbance for many low middles and developing countries. These also get seriously hit by the external economic shocks including the Russia-Ukraine war and Covid-19. This country appears […]
Since the inflation is getting stubbornly high, it appears that Christopher Waller is prepared to do more. Waller agrees 50 basis-point rate hikes in fed. Christopher Waller, Federal Reserve Governor US raises his voice to walk side by side for the tightened monetary policy by Central Bank through an additional 50 basis points. He says […]
Pakistan ban on imports lifted! As per the Ministry of Commerce, Federal government agreed to lift ban on some imported items. Under the emergency economic situation, the government of Pakistan ban some non-essential luxury items to save foreign exchange. Pakistan ban on imports on 19th May, 2022 covered approx. 30 luxury items that included cars […]
Massive decline seen in financial markets! What’s next to happen May 18, 2022 is one of the worst one day losses that international markets have faced. Last time this type of huge drop was seen in June 2022. The main reasons of this drop include new pandemic lockdowns in China, continued supply chain gaps, hyperinflation, […]