Whirlpool Corporation (WHR) has been on a roller coaster ride this year, facing a perfect storm of economic headwinds. The company is grappling with rising production costs, declining home sales, and a potential decrease in interest rates – all of which are putting pressure on its income and ...
READ MORE +A Russian State Duma Deputy Chairman believes that the BRICS nations need their own SWIFT alternative to create a new economic reality. This sentiment comes amid increasing tensions with the West and the potential for further sanctions. The Deputy Chairman suggests that a new financial ...
READ MORE +Pakistan's economy is showing signs of recovery, with foreign investment in short-term government debt securities reaching a four-year high in the fiscal year 2024. Why the Surge? High interest rates are attracting foreign investors seeking higher returns. A stable currency provides ...
READ MORE +This week, economists from around the world gathered at Leeds University to discuss Scotland's economic potential. The conversation was lively, with experts from the USA, Argentina, Japan, and Denmark offering insights into how Scotland could achieve financial independence and economic ...
READ MORE +The possibility of a second Trump presidency is already affecting markets, with a so-called "Trump trade" emerging. This trade sees investors anticipating the impact of Trump's policies on various asset classes, particularly cryptocurrencies. Trump's Policies and Crypto Trump has been known to ...
READ MORE +The International Monetary Fund (IMF) has upgraded India's growth forecast for the fiscal year 2025 to 7% from 6.8% previously projected. This makes India the fastest-growing major economy. The IMF highlights several factors contributing to this upgrade, including: * **Stronger activity in ...
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