ministries and government authorities

ECB and Bank of England raise interest rates again to fight inflation

London CNN — Europe’s two largest central banks have hiked interest rates sharply on Thursday, opting for bigger increases than the US Federal Reserve as inflation in the region remains near historically high levels. The European Central Bank (ECB) and the Bank of England raised their rates an additional half point. Benchmark interest rates for …

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DOJ sues Google for its dominance in the online advertising market

CNN — The Justice Department and eight states sued Google on Tuesday, accusing the company of harming competition with its dominance in the online advertising market and calling for its dissolution. The decision marks the Biden administration’s first successful antitrust case against a Big Tech company. The eight states joining the lawsuit are California, Colorado, …

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BOJ Policy Meeting: Japan Maintains Ultra-Dovish Policy, Leaves Yield Curve Targets Unchanged

hong kong CNN — The yen plunged on Wednesday after the Bank of Japan decided to maintain its ultra-loose monetary policy, defying market expectations that rising inflation could force the central bank away from low interest rates. . The BOJ kept its yield curve control (YCC) targets unchanged at the end of a two-day policy …

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SEC closes insider trading investigation of former Republican senator

CNN — The United States Securities and Exchange Commission has closed its insider trading investigation into stock trades made by the then senator. Richard Burr and his brother-in-law at the start of the pandemic, the former senator announced on Friday. “This week, the SEC informed me that it has concluded its investigation without action. I …

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Biden begins filling strategic oil reserve, as Keystone pipeline leak prompts new emergency swap

New York CNN — The Biden administration on Friday announced plans to supply nearly 2 million barrels of oil to refineries through an emergency swap and simultaneously begin efforts to replenish the strategic petroleum reserve early in the year. next. The new emergency exchange aims to address “potential supply disruptions” caused by the shutdown of …

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