Money Matters
Boeing in a deep crisis after a new Southwest Airlines incident
On Sunday, a few days after a fire broke out in the engine of a Boeing 737-800 of Southwest Airlines, the same plane lost its engine cowling during…
Continue ReadingThe week of big decisions looms over CB street
This week, investors will confront a flurry of pivotal central bank determinations. Among them, the Federal Reserve in the United States and the Bank of Japan are set…
Continue ReadingNew tax in Britain: no matter how harsh, it concerns almost nobody
The UK government has opted to implement a phased increase in the Air Passenger Duty (APD) for travellers in premium travel classes. Finance Secretary Jeremy Hunt has announced…
Continue ReadingCentral Bank of China leaves key rate unchanged: what it means for the global finances
The Chinese central bank, despite facing weak economic growth and declining consumer prices, has opted to leave interest rates untouched for the time being. Policymakers are injecting money…
Continue ReadingFAA orders additional inspections for a fleet of Boeing 737 series 9
The FAA has issued a directive mandating additional inspections for all Boeing 737-900ER aircraft, an older model than the grounded Boeing 737 MAX 9, which has been prohibited…
Continue ReadingCBs ‘not confident’ in their ability to control inflation
As the past trading week concluded, two significant trends became more evident. Firstly, there is a sustained demand for major tech stocks in the market. Simultaneously, there is…
Continue ReadingHouse of Lords Rejects Sunak’s Appeal to Expedite Rwanda Plan
The House of Lords has thwarted British Prime Minister Rishi Sunak’s pledge to commence the deportation of asylum seekers to Rwanda in the spring, as reported by The…
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