Last week we launched a special report series on the Northern Virginia data center market. This week we’ll look at the background and history of the NoVa data center market, as well as some key market updates. Get the full report. Why is Ashburn, which lies about 30 miles west of Washington in Loudoun County,...Read More
HONG KONG, July 12 (Reuters) – Global equities faltered, oil fell and the euro inched closer to parity with the safe haven dollar on Tuesday as the prospect of further tightening by central banks, renewed COVID outbreaks in China and Europe’s energy shortages spooked investors. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell...Read More
With the recent US supreme court decisions gutting federal enforcement of civil rights and business regulation, and the public hearings of the House select committee investigating the Capitol attack, economic news has been pushed out of the center of public conversation. That’s a shame for two reasons. First, Joe Biden appears to be centering his...Read More
We’re dubbing Foreign Policy’s summer 2022 magazine the “Back to the Future” issue because key aspects of global affairs seem like echoes from the past: fears about nuclear war, great-power politics, a new arms race, the return of nonalignment, a food shortage, and so much else. In one of the essays in the magazine, FP...Read More
HONG KONG: The dollar was on the front foot at the start of a week in which U.S. and Chinese data and European energy security were top of mind, as investor concerns about global economic growth offered support to the safe haven currency. The euro languished at $1.01475, having lost 2.3% last week and briefly...Read More
NEW YORK (Reuters) — With a miserable first half for the stock market now in the history books, investors are assessing whether the U.S. economy can avoid a significant downturn as the Federal Reserve raises rates to fight the worst inflation in decades. The answer to that question stands to have a direct impact on...Read More
Source: Adobe/Sergey “The squeeze on people’s disposable incomes caused by high inflation has had a big negative impact on stocks & crypto markets.” “We’re now in a highly volatile economic environment, so it’s almost impossible to look much further ahead with any degree of confidence.” “We don’t need a return to economic growth to...Read More
09 Jul 2022
Biden “Absolutely Wrong” on Economy While President Biden claims the economy is booming under his leadership, the bank accounts of many Americans are going bust just trying to make ends meet. Even the liberal CNN news channel is fact-checking him these days – finding his boasts to be malarkey. So...Read More
Depreciation of the Indian rupee continued this week amidst a strong dollar and consistent foreign funds outflow that offset the support from gains arising from bullish domestic equities. On Friday, the rupee closed at 79.25 against the US dollar down by 12 paise from the previous close. The local unit has touched a series of...Read More
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