What does it mean for US banks to raise interest rates, and how does the decision affect consumers?

Al-Marsad newspaper: The US Federal Reserve raised the main interest rate by half by 0.5%, in the largest increase in 22 years. Raising interest rates is a criterion that determines the interest rates on loans that banks obtain from the Central Bank, and accordingly banks set their plans for a new calculation mechanism for interest … Read more

This will cost the ticket for the Santa Rita Fair

The cost of admission will be 50 pesosreported Paul Barbosapresident of the Board of Trustees, where citizens can enjoy the ice circus, mechanical games for adults and children, a reptile and snake show, as well as the Town’s theater. He mentioned that an important effort was made by the State Government to be able to … Read more

“Insane prices!”: Musk proposes to enter the lithium business

The owner of Tesla, SpaceX and now the majority shareholder of Twitter responded to a tweet where he mentions how much the price of lithium has grown in ten years, since it cost 4,450 dollars a ton in 2012, this 2022 already exceeded 78,032, that is, it has been fired 17.5 times. “The price of … Read more

these new measures taken by the government that will impact your wallet

The federal government released 240 million on Friday over three years as part of budgetary control to promote cycling in commuting, announced the Deputy Prime Minister and Minister for Mobility, Georges Gilkinet. The aim of this initiative is to encourage all employees to cycle to work, for example by increasing the maximum mileage allowance or … Read more

Tianjin media: The national football level has seriously regressed and the impact on the World Cup is still “see the next one”_China Team_Li Xiaopeng_Head Coach

Original title: Tianjin media: The level of national football has seriously regressed to impact the World Cup, or “let’s see the next one” Source of the article: Tianjin Daily (Reporter Zhao Rui) In the early morning of Beijing time yesterday, the final match of the top 12 in the 2022 Qatar World Cup qualifiers in … Read more

Inditex earned 3,243 million in Pablo Isla’s last year, 11% less than two years ago | companies

Inditex closed the 2021 financial year, the last of its president Pablo Isla at the helm of the company after more than 15 years at the helm of its management, recovering a good part of the income and profits lost due to the pandemic, but without reaching pre-existing levels. Covid nor achieve new record heights. … Read more

Russia Invasion Dramatic Chip Shortage Worsens

Not only fuel, wheat and other essential products are beginning to suffer from Russia’s invasion of Ukraine, as well as from the consequent Western sanctions, but now the technology development sector is suffering as well. The international agency Archyde.com announced that two Ukrainian companies suspended work that play a fundamental role in the manufacture of … Read more

They go to the neck: Sberbank, the main Russian bank, almost went bankrupt

The European Central Bank (ECB) stated in a banking supervision statement that the European subsidiary of Sberbank is “bankrupt or likely bankrupt”. Sberbank Europe AG, which is headquartered in Austria and has subsidiaries in Croatia and Slovenia, suffered “significant deposit outflows” in the last few hours “as a result of the impact of geopolitical tensions” … Read more