A comparison of the formation of the dollar and the euro The debate over the creation of the euro and the related European fiscal rules has been going on for more than 30 years. This development is not compared to the way the dollar and its associated financial rules were developed. It is understandable that […]
US Investigating Finance for Russia Sanctions Violations
The US Department of Justice has launched an investigation into Finance. Russians may have used crypto exchange to circumvent US sanctions against Russia. Sources tell Bloomberg News. Finance is already in talks with the ministry over suspected evasion of US sanctions against Iran, according to one of the sources. That would have happened before strict […]
“A Great Recession in America by the End of 2023”
Credit Insurance Alliance expects a sharp recession in the US later this year. Add to that the fact that ‘small’ US banks in particular are extra vulnerable as commercial real estate prices slip. The FED recently announced that it expects only a mild recession in the US. According to various reports published recently, the credit […]
Businessman | Unexpectedly many jobs in America
news Topical The US labor market was tighter than economists expected in April. While experts expected the number of new jobs to slow, employers hired more people than in the previous month. Unemployment remained low, while a slight increase was projected. AP May 5, 2023 The U.S. added a total of 253,000 new jobs last […]
Travel to USA: “Book early and get over it”
“Bookings for the US are doing well, but they’re still not at 2019 levels,” Hanni Flood (Visit USA/Target Travel Marketing) told TravelPro during the Visit USA roadshow. Hanni: “2019 was definitely a good year, so it will be a challenge to surpass it. The desire to travel to the US is definitely there, and people […]
Smaller banks in the US are still in trouble economy
05 mei 2023 om 09:07 After the recent collapse of three banks in the US, several banks are now under pressure again. For example, PacWest lost more than half of its stock market value on Thursday. PacWest says it is now in talks with investors about its future. Rates of other regional banks including Western […]
A $1 trillion currency will help the US get out of the debt crisis
The US may print $1 trillion worth of platinum currency to resolve the crisis surrounding the government’s so-called debt ceiling. According to economist Paul Krugman, if the central bank sells bonds and withdraws dollars from circulation, it can offset the inflationary effect of issuing such currency. Says the former Nobel laureate: “People who know better […]
Dutch IT channel – bunq expands to the US
After a successful decade serving European users, Neobank now focuses on five million European expats, international entrepreneurs and professionals in the US. The challenger wants to make life easier for these US users and open a full bank account in less than five minutes. Perfect for anyone with an international lifestyle, the bunq app allows […]
Once again, a regional bank in America is reeling
The recovery of American First Republic Bank has yet to restore investor confidence. Three days after banking giant JP Morgan saved a troubled San Francisco financial institution from collapse, another US bank is reeling. Again, it’s a regional player from California: Backwest in Los Angeles. Turmoil at PacWest, which has nearly 2,500 employees and 67 […]
Belgium soccer player suspended and fined after racist riots in US | Foreign football
New York Red Bulls’ Belgian footballer Dante Vancier has been banned for 6 matches for racist comments. He was also fined by Major League Soccer. The 24-year-old attacker, who has only been playing football in the US for two months, has been away from the club “until further notice” due to racism. Wanseer allegedly made […]