Czech Republic’s central bank may allocate 5% of reserves to Bitcoin
The Czech National Bank (CNB) is considering a groundbreaking move—investing 5% of its €140 billion ($146.13 billion) foreign reserves into…
Bank of Canada expected to cut interest rates again: here’s why
The Bank of Canada is expected to lower its key interest rate by 25 basis points on Wednesday, as mounting…
Germany cuts GDP forecast to just 0.3% for 2025: ‘The diagnosis is serious’
Germany’s government announced on Wednesday that it has revised its economic growth forecast for 2025 down to just 0.3%, citing…
EU plans new Russia sanctions, targeting aluminum and gaming consoles
The European Commission has introduced a new set of proposed sanctions against Russia in response to its ongoing invasion of…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
The hidden costs of Russia’s war: is a cease-fire the only option?
The vulnerabilities in Russia’s war economy are becoming increasingly evident. Despite President Vladimir Putin’s claims of resilience, the reality is…
How Trump’s aluminium and copper tariffs could drive up prices for US consumers
Analysts and industry participants said on Tuesday that President Donald Trump’s promised tariffs on US copper and aluminium imports would…
Google Maps to rename Gulf of Mexico to Gulf of America for US users after Trump’s order
Google announced that it will rename the Gulf of Mexico to the “Gulf of America” on its maps for users…
Trump orders pause on federal grants and loans: here’s what it means
The Trump administration has announced a temporary halt to federal grants and loans starting Tuesday, a move that could significantly…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…