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๐น๐ท Turkey's Central Bank posted an astonishing $25 billion loss last year
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๐ GDP growth forecast for 2024.
๐ฎ๐ณ India: 6.8%
๐ช๐น Ethiopia: 6.2%
๐ฐ๐ช Kenya: 5.5%
๐ฎ๐ฉ Indonesia: 5%
๐จ๐ณ China: 4.6%
๐ณ๐ฌ Nigeria: 3.3%
๐ท๐บ Russia: 3.2%
๐น๐ท Turkey: 3.1%
๐ช๐ฌ Egypt: 3%
๐บ๐ธ US: 2.7%
๐ธ๐ฆ Saudi: 2.6%
๐ฒ๐ฝ Mexico: 2.4%
๐ง๐ท Brazil: 2.2%
๐ต๐ฐ Pakistan: 2%
๐ช๐ธ Spain: 1.9%
๐ฎ๐ฑ Israel: 1.6%
๐จ๐ฆ Canada: 1.2%
๐ฏ๐ต Japan: 0.9%
๐ฟ๐ฆ South Africa: 0.9%
๐ซ๐ท France: 0.7%
๐ฎ๐น Italy: 0.7%
๐ฌ๐ง UK: 0.5%
๐ฉ๐ช Germany: 0.2%
๐ฆ๐ท Argentina: -2.8%
(IMF)
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๐ฎ๐ฑ Israelโs Central Bank to Roll Out Sandbox for #CBDC Experiments.
The Bank of Israel is launching a sandbox environment for testing CBDC said in a statement use cases, in an effort to refine the design of the digital shekel and ensure its capacity to facilitate advanced applications.
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Israelโs Central Bank to Roll Out Sandbox for CBDC Experiments
Israel is launching a sandbox environment for testing CBDC use cases, in an effort to refine the design of the digital shekel.
๐จ๐จ JUST IN: RED LOBSTER is in financial trouble due to $11 million loss last quarter from their unlimited shrimp deal.
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๐ท๐บ Russia to grow faster than all advanced economies says IMF
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๐บ๐ธ SUMMARY OF FED CHAIR POWELL'S COMMENTS (4/16/24):
1. Recent data "shows lack of further progress on inflation"
2. Inflation has "introduced new uncertainty" on whether the Fed can cut rates later this year
3. Fed can maintain higher rates for "as long as needed"
4. Recent data has not given greater confidence on inflation
5. Restrictive Fed policy needs more time to work
6. It will likely take longer to "regain confidence" on inflation
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๐ฌ๐ง United Kingdom unemployment rate rises to 4.2%
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๐ Cocoa smashes all-time high to close over 11,000 for the first time ever.
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๐จ๐ณ Intel $INTC plans to release 2 new AI chips with reduced capabilities in China this year
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๐จ๐จ JUST IN : #Tesla is slashing 10% of its employees as it battles falling demand for electric vehicles.
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