Finance

Major Drug Maker Eli Lilly Cuts Insulin Prices By 70% In An Effort To Help Patients

In December 2019, in response to public outcry about the skyrocketing cost of insulin, major drug maker Eli Lilly announced…

Will Increasing Wages Prolong Inflation? An Analysis of the Global Economy

With the rise of wages around the world, a new question has come to the forefront of economic discourse: will…

Swiss Prosecutors Charge Four Bankers With Aiding in Money Laundering For Putin’s Millions

Introduction In a shocking new development, four Swiss bankers have been charged by prosecutors for their involvement in helping Russian…

What The Latest US Stock Market Data Tells Us About Inflation

The stock market often serves as a barometer for the health of the economy. By taking note of recent US…

Bridgewater’s Overhaul: How The Hedge Fund Giant Is Planning To Cut Jobs And Cap Its Flagship Fund

Bridgewater Associates, one of the world’s largest and most successful hedge funds, is making a major shift in its operations.…

EU-Led Crackdown On “Greenwashing” In The Bond Market: What Investors Need To Know

Investors have become increasingly concerned about the impact of their investments on the environment. But how can investors be sure…

Germany’s Bundesbank Warns Of A Massive Bond Market Loss Impacting Fiscal Stability

Introduction Fiscal stability is an important factor in any economy, and when it comes to the Eurozone, Germany’s Bundesbank has…

Adani Secures $3bn Credit Line With Support From Sovereign Wealth Fund

Indian energy giant Adani has secured a $3bn credit line from a consortium of banks, with support from a state-backed…

Binance Token Falls Sharply After US Crackdown As $6 Billion In Assets Leave The Platform

The Binance token has been one of the most dependable and profitable cryptocurrencies over the past few years, but that…

German Inflation Accelerates To 9.3%, Highest Rate Since 2008

Germany is known for its strong economy and low inflation rate, but that may be changing soon. For the first…