Category: Economy

ECB Doing its Best to Stop Euro Area from Drowning

The European Central Bank is doing its best to stop the monetary union from going down as there is a risk of another financial crisis around the corner along with civil unrest. The ECB continues to carry all the burden of the Euro area’s economic stabilization due to its monetary …

Chinese Central Bank Advises to Moderate January lending Pace

As per some internal sources, Chinese Central Bank, People Bank of China has urged some commercial banks in January to moderate their pace of lending, as it aims to manage the amount of credit flowing into the economy. In its guidance, the Chinese Central Bank also told the lenders that …

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