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International Economic
21 Mar
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Atlanta Fed's Bostic expects five more interest rate hikes in 2022

A top US central bank official projected a total of six interest rate hikes for throughout 2022 in order to get the price of money back to neutral as quickly as possible - which was the Federal Reserve's goal.

21 Mar
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Turkey says positions of Russia and Ukraine now nearer on 'critical' issues, hopeful for ceasefire

Russia and Ukraine were nearing agreement on "critical" matters and a ceasefire is possible if neither side backtracks, Turkey's foreign minister said.

21 Mar
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EU may discuss ban on Russian oil imports on Thursday

Foreign ministers from European Union member countries were set to discuss a ban on Russian oil imports when they met on 24 March.

21 Mar
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Bitcoin and Ethereum falter after their brief rally to $42,000 and $3,000

Cryptocurrencies give up ground on Monday, after marking a short-term rally over the weekend that left highs for Bitcoin and Ethereum at key resistance levels. Both tokens attacked important targets in their rallies, with Satoshi Nakamoto's creation surpassing $42,000 for the third consecutive day on Sunday, while Ethereum was just shy of $3,000. On Monday, both have given ground to previous resistances, previously supports at $40,000 and $2,800, respectively, (in round prices) before returning to the upside.