According to the latest estimates, taxpayers will be on the hook to cover £85bn in losses stemming from the unwinding of the Bank of England’s quantitative easing (QE) policy. The scheme is set to lose about £20bn a year until the early 2030s – a yearly figure worth more than a third of our current defence budget.
(Bloomberg) Zimbabwe’s new currency is a step toward eventually abandoning the use of US dollars in the economy, Vice President Constantino Chiwenga said.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Soars as Musk’s Cheaper EVs Calm Fears Over StrategyThe ZiG was introduced on April 5 to replace the Zimbabwean dollar,
In the preceding week that ended on March 15, the forex reserves had increased by a more robust $6.4 billion to scale a record high of $642.49 billion.
In this article, we will discuss the 25 countries with the most gold reserves in 2024. This article will focus on recent gold mining industry trends and the major players in the industry. If you want to skip our analysis, you can proceed to the section highlighting the 5 Countries with Most Gold Reserves in […]