China’s Economic turbulence: A dragon at rest? China, the world’s second-largest economy, has been making headlines for all the wrong reasons lately. The dragon’s mighty roar seems to have turned into a subdued purr as it navigates a series of economic challenges. Economic indicators data hush-up One notable move is China’s decision to stop publishing …
The Dragon’s Rest: What’s Slowing Down China’s Economic Growth? Read More »
Silicon Valley Bank (SVB) was the 16th largest commercial bank in the US Today, it is no more SVB was based in California, US, and its collapse is the biggest financial disaster since 2008 [You may also read- the financial crisis of 2008 simplified] Silicon Valley Bank collapsed because depositors rushed to withdraw their money, …
Why did Silicon Valley Bank Collapse? – Explained Read More »
In 2013, the Fed Reserve had signalled that it would gradually roll back its bond-buying programme, popularly known as quantitative easing (QE), introduced to inject liquidity in the economy in the aftermath of the 2008 financial crisis. This decision by the Fed led to an increase in bond yields in the US. As a result, …
LIBOR was one of the most important financial numbers in the world and it is being discontinued. This article explains what is LIBOR and why is it going away in a simplified way. What is LIBOR? It is the London Inter-Bank Offered Rate It is the interest rate at which major banks in the world …
What is LIBOR and why is it going away? – Explained Read More »
It has been more than 20 months and the world is still facing a shortage of semiconductor chips. Semiconductors are embedded in every digital electronic device and household appliances like smartphones, computers, cars, washing machines, refrigerators, electric toothbrushes, headphones, gaming consoles, etc that we use on an everyday basis. It is the backbone of all …
Why is there a semiconductor shortage in the world? Read More »
It’s been a while since we brought you any updates from the world of cryptocurrency.The last time it was the manic rise of Dogecoin – the fun and friendly internet currency. If you had any doubts about its seriousness, it’s market cap is still worth over $30 Billion at the time of writing this article. …
China’s latest GDP data has confirmed an economic slowdown China’s GDP grew by just 4.9% in the recent July-Sept quarter as compared to the same period in 2020. This rate is down from 7.9 % growth in the April-June quarter Industrial production growth slumped to 3.1 % year on year in September from 5.3 % …
3 reasons China’s economy is slowing down- explained Read More »