China’s industrial profits showed a decline in the first two months of the current year, as enterprises in this Asian country are currently facing constant deflationary pressures and external factors such as increasing tensions in the global trade space.
Gold is not the only metal which prices have demonstrated record growth rates during a period of increasing geopolitical turbulence and intensification of fears related to the tightening of tariff confrontation between countries.
President of the United States Donald Trump on Wednesday, March 26, announced a 25% tariff set, which will take effect on April 2 and will affect all cars shipped to the US.
Last month, inflation in the United Kingdom showed a moderate decrease to 2.8%.
Westpac, a financial institution operating in Australia and New Zealand, plans to allow its customers to block their accounts.
The World Network, an organization co-founded by Sam Altman and which is part of the blockchain-based ecosystem that includes Worldcoin, is currently negotiating with Visa to add on-chain card features to the organization’s self-custody cryptocurrency wallet.
Chinese Premier Li Qiang said at a gathering of global executives that began in Beijing that the Asian country is ready for possible unexpected shocks and called on the meeting participants to resist protectionism and defend globalization.
This week, UBS analysts expressed the hope that the Chinese real estate market, which in recent years has been in the condition of what can be called a deep and, in a sense, fundamental downturn, is gradually approaching a kind of stabilization point.
Federal Reserve Bank of Chicago President Austan Goolsbee stated that the inflationary impact of tariffs could be transitory if they were limited in scope.
Google has launched a redesigned version of its budget Pixel phone, updating the chip and battery life.
In China, in the first two months of the current year, growth in consumption, investment, and industrial production was recorded, which exceeded initial expectations regarding the dynamic of the corresponding indicators.
Alphabet, Google’s parent company, announced on Tuesday, March 18, that it would acquire Wiz in its largest deal valued at approximately $32 billion.
The United Kingdom’s economic system showed an unexpected decline in January.
Swedish provider Buy Now, Pay Later (BNPL) loans Klarna filed its prospectus IPO on Friday, March 14, and plans to go public on the New York Stock Exchange under the ticker symbol KLAR.
On Friday, March 14, gold prices reached the $3,000 per ounce mark for the first time in history.
In the United States, stock indexes showed gains on Friday, March 14, as investors tried to stage a rebound to end a rocky week.
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