Yields Rise, the Fed Stays Silent: Boom or Bust?
As U.S. Treasury yields spike unexpectedly despite the Federal Reserve's recent rate cuts, markets are questioning whether the surge signals inflationary risk or a misinterpretation...
Tag : economy
Financial education workshops for teachers, organized by BNR, ME, ARB, IBR and FGDB
The National Bank of Romania (BNR), the Ministry of Education (ME), the Romanian Association of Banks (ARB), the Romanian Banking Institute (IBR) and the Bank...
The Retail Turnover in July 2024- National Institute of Statistics
Domain: Trade and Services ▪ Compared to June 2024, in July 2024 the retail turnover volume (excluding the trade with motor vehicles and motorcycles) increased...
Today’s edition of The digital replica of the printed Nine O’Clock newspaper – No.7925 dated Thursday, 29 August 2024
Today’s edition of The digital replica of the printed Nine O’Clock Weekly – No.7925 dated Thursday, 29 August 2024: 📝 Odesa-The Pearl of the Black...
Urgent Action Needed, Romania Faces Growing Poverty and Exclusion Risks
Recent Eurostat data presents a harsh reality: Romania has the highest proportion of individuals at risk of poverty and social exclusion in the EU, standing...
Senegal Votes in Highly Contested Presidential Race Amid Months of Unrest
Source: Al Jazeera Senegalese citizens cast their ballots in a closely contested presidential election on Sunday, March 24, 2024, after a period of unrest and...
IMF Chief Urges China to Boost Growth with ‘Pro-Market Reforms’
Source: Inquirer BEIJING, China — As China grapples with a sluggish economy marked by a housing market crisis, low domestic demand, and persistently high youth...
Iran’s Currency Hits Record Low Amid Nowruz Celebrations
Iran’s currency, the rial, plummeted to an all-time low on Sunday, reaching 613,500 against the dollar as Iranians marked the Persian New Year, Nowruz. The...
Ciolacu’s Policies: Inflation Surge, Agri-Crisis, Small Biz Turmoil
Ciolacu’s Economic Policies Trigger a 7% Surge in Inflation for Romania Source: National In 2023, Romania faced a staggering 7% surge in inflation, positioning it...
THE AVERAGE GROSS EARNINGS*) ON TOTAL ECONOMY IN DECEMBER 2023 WERE 8301 LEI AND THE NET 5079 LEI
THE AVERAGE GROSS EARNINGS*) ON TOTAL ECONOMY IN DECEMBER 2023 WERE 8301 LEI AND THE NET 5079 LEI... If you want to read the entire...
Romania’s Fiscal Future: Key Insights from the FMI Report
The recent visit of the International Monetary Fund (IMF) delegation to Bucharest concluded with a sobering assessment: Romania’s progress hinges on substantial fiscal policy reform....
Bucharest Stock Exchange closes Thursday’s session in the red
Bucharest Stock Exchange closes Thursday’s session in the red The Bucharest Stock Exchange closed Thursday’s session down on most indices, and the total value of...
Government to Approve Today Measures in Response to Transporters’ Demands, Promises PM Ciolacu
In a pivotal move towards addressing the concerns of the transport sector, Prime Minister Marcel Ciolacu conducted consultations with representatives from Transport Confederations at the...
Debates Arise Over Extension of Price Cap Measures on Essential Goods in Romania
Retailers Push for Market Freedom As the deadline for the expiration of the commercial markup cap on basic food products approaches, discussions intensify on whether...
USR President Catalin Drula Supports Protesters’ Right to Demonstrate
USR President, Catalin Drula, stated on Tuesday evening that the right to protest for transporters and farmers cannot be denied, even if there are technical...
Erste Group: Stronger household consumption expected in 2024
Erste Group: Stronger household consumption expected in 2024 Source: https://www.bcr.ro/en/research/report/en/SR366718 Non-food sales suggest better consumer confidence Retail sales accelerated to +1.7% m/m and +3.3%...
ASF: The Comedy of Errors or How to Make Money Without a Clue
High Stakes and Low Knowledge: The Financial Folly Unveiled in ASF’s Leadership The recent parliamentary vote session to appoint the new leadership of the Financial...
“Global trade associations call for playing field”
“Global trade associations call for playing field” FIBEP and other industry organizations and partners are concerned by the development of exclusive deals in the Media...
FinMin Bolos: No increases in taxes and duties and budget deficit round 5pct in 2024
FinMin Bolos: No increases in taxes and duties and budget deficit round 5pct in 2024 Regarding the proposed state budget, Finance Minister Marcel Bolos stated...
Leonardo Badea (BNR): The Reform of the European Economic Governance – implications for Romania
Leonardo Badea (BNR): The Reform of the European Economic Governance – implications for Romania In the economic landscape of recent years, marked by increasingly...
Alpha Services and Holdings announces a strategic partnership with UniCredit in Romania
Alpha Services and Holdings announces a strategic partnership with UniCredit in Romania Merger of Alpha Bank Romania and UniCredit Bank Romania and creation of...
All eyes on fiscal in the Eurozone
All eyes on fiscal in the Eurozone The Eurozone is heading into a challenging 2024 with both fiscal and monetary policy turning restrictive as real...
Will Romania face an exchange rate crisis? by Radu Craciun Presedinte Directorat Directorat BCR PENSII
Will Romania face an exchange rate crisis? by Radu Craciun Presedinte Directorat Directorat BCR PENSII This article first appeared on Mr. Radu Craciun’s blog www.raducraciun.ro ...
Goldman Sachs: Asia’s economy will overtake that of developed countries in a few decades
Goldman Sachs: Asia’s economy will overtake that of developed countries in a few decades Visualizing the Future Global Economy by GDP in 2050 According to...
Those who invested in SNGN Romgaz (BVB:SNG) three years ago are up 73%
Those who invested in SNGN Romgaz (BVB:SNG) three years ago are up 73% Text and photo source: https://simplywall.st/ According https://simplywall.st/ – Low-cost index funds make...
CEO confidence in artificial intelligence tempered by social, ethical, and security risks
CEO confidence in artificial intelligence tempered by social, ethical, and security risks Text and photo source: DC Communication 65% of respondents see AI as a...
Monetary indicators – June 2023
Monetary indicators – June 2023 Text and photo source: BNR At end-June 2023, broad money (M3) amounted to RON 624,519.3 million, down 0.04 percent (or...
Minutes of the monetary policy meeting of the National Bank of Romania Board on 5 July 2023
Minutes of the monetary policy meeting of the National Bank of Romania Board on 5 July 2023 Text and photo source: BNR The National Bank...
Procurement principles to obtain project funding under the PNRR
Procurement principles to obtain project funding under the PNRR Romania’s National Recovery and Resilience Plan (PNRR), designed to ensure an optimal balance between EU priorities...
Gartner Identifies Three Pillars of Human Leadership CFOs Need in an Era of Finance AI
Gartner Identifies Three Pillars of Human Leadership CFOs Need in an Era of Finance AI The rapid progress of AI tools in the finance...