Looming Inequality as UK proposes to Fund Social Care from Higher Council Tax

UK inflation

Experts reviewing proposals submitted by the Chancellor of Exchequer, Jeremy Hunt, downplay funding social care from higher council tax as aggravating inequality. The plans announced by Jeremy Hunt to source social care funds from higher council taxes are poised to undermine the leveling up reforms initiated by the predecessor. Economist Andrew Dilnot considered the budget … Read more

Everything You Need To Know About Block Trading

Introduction If you buy a lot of stocks, equities, securities, or other financial products you might see some big price changes in the public market. In order to keep your portfolio stable, you might want to place trades over the counter (OTC) instead of traditional market trades or letting market fluctuations control your investment. In … Read more

The Double Standard of JPMorgan

Many investment companies like Fidelity Investments, BlackRock, and JPMorgan are making strong forays into the world of crypto. Fidelity is the latest of the bunch to get into crypto, but they announced that the company will be offering crypto as assets to 3 million of their retail traders and included a couple of crypto offerings … Read more

Ethereum Is The Platform Of Choice For Norway’s Central Bank

Recently, the IMF and other global financial organizations have been talking with enthusiasm about CBDC or Central Bank Digital Currencies that could be used in conjunction with fiat money to provide more flexibility to national monetary systems. Some countries are more interested in this prospect than others. One of the most innovative countries in this … Read more

IMF’s Gopinath Says Central Banks Have To Be Decisive About Inflation

On Friday, the first deputy managing director of the International Monetary Fund (IMF), Gita Gopinath told global policymakers that the tradeoffs they are facing are going to get worse in the coming years. Central banks’ approach Global central bankers are currently faced with tradeoffs between growth, inflation, and jobs. According to Gopinath, there is a … Read more

Ex- Executive Says BOJ Could Cut Growth Forecasts On Soft Spending

On Monday, the former top economist for the Bank of Japan, Seisaku Kameda said that it was likely that the Japanese central bank would slash its economic forecasts in October at its next quarterly review. This was because global demand was slowing down and COVID-19 infections had also resurged, which would hurt both consumption and … Read more