AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Economy
Donald Trump’s Bitcoin Conference speech ignites crypto market, BTC nears $70K
July 29, 2024 09:27 PM AEST| By InvezzFormer President Donald Trump’s keynote speech at the 2024 Bitcoin Conference in Nashville has spurred the crypto market. The global crypto market cap has surged to $2.48 trillion, reflecting a 3.09% increase in just 24 hours. Bitcoin, the lead...
US Fed meeting this week: What to expect on interest rate cuts as inflation cools
July 29, 2024 05:56 PM AEST| By InvezzAs the Federal Reserve convenes for its two-day Federal Open Market Committee (FOMC) meeting this week, the financial world is closely watching for indications of potential interest rate cuts. While the Fed is expected to keep its benchmark interest...
Maduro elected Venezuelan president for third term even as opposition, international governments dispute outcome
July 29, 2024 05:42 PM AEST| By InvezzVenezuela’s authoritarian leader Nicolas Maduro was announced president-elect of the country for a third consecutive term in a highly-charged election, even as the opposition contested the election results, alleging foul play. Elvis Amoro...
Trump campaign raises $4 million in crypto donations: Who are the high-profile donors?
July 26, 2024 04:20 AM AEST| By InvezzDonald Trump’s presidential campaign has successfully tapped into the cryptocurrency market, receiving over $4 million in digital donations. According to Federal Election Commission (FEC) filings, these contributions have come in various...
Brazil’s current account deficit hits 10-year high: What it means for the economy
July 26, 2024 04:02 AM AEST| By InvezzBrazil’s current account deficit surged to $4 billion in June 2024, marking the country’s largest shortfall in ten years. This significant increase from $0.8 billion in the same month last year highlights Brazil’s most substantial d...
US emissions reductions off track for 2030 targets under Paris accord
July 25, 2024 02:27 AM AEST| By InvezzDespite substantial progress in reducing greenhouse gas emissions, the United States remains off track to meet its 2030 targets set under the Paris Agreement. The Biden administration’s extensive green subsidies and new climate regulations have...
Bank of Canada cuts key interest rate to 4.50% and lowers 2024 growth forecast amid cooling inflation
July 25, 2024 01:35 AM AEST| By InvezzIn a strategic move to address a cooling economy, the Bank of Canada (BoC) has lowered its key interest rate to 4.50%, a reduction of 25 basis points from its previous rate of 4.75%. This adjustment marks the BoC’s second consecutive rate cut, follow...
Moody’s downgrades Thames Water’s credit rating to ‘junk’, cites weakening liquidity position
July 25, 2024 01:17 AM AEST| By InvezzThames Water, the UK’s largest water utility, has seen its credit rating slashed to junk status by Moody’s Ratings. The downgrade comes after the UK’s water regulator placed the company under a turnaround oversight regime due to concerns about its fi...
Euro slides to $1.083 on weak PMI data as ECB rate cuts loom
July 24, 2024 10:04 PM AEST| By InvezzThe Euro has extended its decline, falling to $1.083 amid weak PMI data from the Eurozone, Germany, and France. This drop pulls the currency further away from its four-month high of $1.094 set on July 17th. As economic indicators signal a slowd...
Can Kamala Harris defeat Donald Trump in the 2024 US Presidential elections?
July 24, 2024 08:51 PM AEST| By InvezzKamala Harris launched her campaign for the presidency with a rally in the battleground state of Wisconsin on Tuesday, emphasizing her readiness to take on Donald Trump in the upcoming election. Addressing an enthusiastic crowd, the US Vice President...
The hidden divide: How wealth disparity is shaping the US economy
July 24, 2024 04:47 AM AEST| By InvezzDespite the appearance of a robust financial landscape in the United States, a closer look reveals significant disparities in wealth distribution. While household net worth relative to income is nearing historical highs, the benefits of economi...
India budget 2024: 5 key takeaways for investors
July 23, 2024 10:54 PM AEST| By InvezzIndia’s 2024 budget, announced after Prime Minister Narendra Modi’s re-election for a third consecutive term, presents a mixed bag for investors. This budget reveals increased taxes on gains from share sales, reduced taxes on proper...
Thailand makes another U-turn on cannabis, won’t relist it as a narcotic
July 23, 2024 09:58 PM AEST| By InvezzThailand’s approach to cannabis regulation is set for another significant shift, with the government opting to introduce legislation to control its use rather than re-listing it as a narcotic. Deputy Prime Minister Anutin Charnvirakul announced...
India Economic Survey suggests seeking FDI from China to boost local manufacturing, exports
July 23, 2024 02:31 AM AEST| By InvezzEven as relations with China remain tense, the pre-budget Economic Survey tabled by the Indian government on Monday argued for seeking foreign direct investments (FDI) from Beijing to enhance local manufacturing and tap into the export market.&#...
Pakistan’s sugar industry faces challenges with surplus and export limitations
July 22, 2024 09:08 PM AEST| By InvezzPakistan’s sugar industry, the second-largest agro-based industry after textiles, is navigating a complex web of regulatory and economic challenges. Contributing significantly to the national economy, the industry accounts for 3.7% of value add...
China’s surprise rate cuts aim to boost economy amid slowing growth, deflation risks
July 22, 2024 06:21 PM AEST| By InvezzIn an unexpected move on Monday, China lowered a key short-term policy rate and its benchmark lending rates in a bid to bolster growth in the world’s second-largest economy. This action comes on the heels of weaker-than-expected second-quarter econom...
Crypto sees massive liquidations amid Biden exit, analysts divided
July 22, 2024 06:06 PM AEST| By InvezzBiden’s exit from the presidential race shakes the crypto market with major liquidations and diverse analyst predictions on the future.
Who is Kamala Harris and will Democrats turn to her after Biden’s exit?
July 22, 2024 04:39 AM AEST| By InvezzPresident Joe Biden’s withdrawal from the US presidential race has significantly altered the dynamics of the 2024 election, leaving the Democratic Party in a state of flux as it seeks a new candidate to oppose Republican nominee Donald Trump. V...
Breaking: Biden withdraws from US presidency race against Trump, plunging Democratic nomination into uncertainty
July 22, 2024 04:17 AM AEST| By InvezzPresident Joe Biden has withdrawn from the race for the US presidency, a decision that dramatically alters the landscape of the 2024 election and injects significant uncertainty into the Democratic nomination process just months before the November e...
Donald Trump leads in fundraising as Biden donors express growing concern
July 22, 2024 01:29 AM AEST| By InvezzFormer President Donald Trump has surged ahead in the fundraising race against President Joe Biden, with Trump-aligned groups raising significantly more cash in the second quarter of 2024. This financial shift comes at a time when Democratic donors a...
