WASHINGTON D.C.: Data from the Mortgage Bankers Association released this week showed that the average interest rate on leading US home loans dropped to its lowest level since September, indicating that inflation has past its peak as Treasury yields decrease. For the week ending on 31st January, the average contract rate on a 30-year fixed-rate […]
Islamabad [Pakistan], January 22 (ANI): Interest expenses in Pakistan have increased to Pakistani Rupees (PKR) 2.57 trillion in the first half of this fiscal year, amounting to 65 per cent of the annual debt servicing budget, and is forcing the Pakistan government to reduce its other expenses, except those on defence, The Express Tribune reported. […]
dubai, united arab emirates – Iran’s troubled currency fell to a record low against the U.S. dollar on Saturday amid the country’s increasing isolation and possible Europe Union sanctions against Tehran’s Revolutionary Guards or some of its members. Ties between the EU and Tehran have deteriorated in recent months as efforts to revive nuclear talks […]
Islamabad [Pakistan], January 20 (ANI): Pakistan will pay Russia for energy purchases, when they start in March this year, in currencies of friendly countries, a top Russian energy official said on Friday. This understanding was reached at the 8th session of the Pakistan-Russia Inter-Governmental Commission (IGC) on trade, economic, scientific, and technical cooperation, Dawn newspaper […]
Washington – The U.S. has begun taking “extraordinary measures” to avoid spending that would breach the country’s $31.4 trillion debt ceiling, Treasury Secretary Janet Yellen told lawmakers Thursday, touching off a Washington debate on how to avoid a default on the government’s financial obligations and calamity for the global economy. The Treasury chief said she […]
Avenger Modified Custom Motorcycle Has Harley Davidson Vibes offers two variations of its cruiser bike in the form of Avenger Cruise 220 and Avenger Street 160 Avenger Modified Motorcycle Neev Motorcycles is a Delhi-based company that is known for making beautiful custom motorcycles that are usually based on a Royal Enfield. We have previously covered […]
Earnings day arrives for Tesla Inc. with the EV maker and the stock under a cloud. The EV maker is scheduled to report fourth-quarter results Jan. 25 after the bell. A call with analysts and others is set for 5:30 p.m. Eastern. Tesla TSLA, +7.35% announced price cuts in the U.S. and Europe earlier in […]
London – As the annual World Economic Forum (WEF) gets underway this week at the Swiss ski resort of Davos; the charity Oxfam says extreme wealth and extreme poverty have increased simultaneously for the first time in 25 years – and is calling for fairer taxation in response to the soaring inequality. Hundreds of billionaires, […]
Kiev’s backers risk having no more munitions to share, Wolfgang Ischinger warned The EU must drastically ramp up the production of ammunition and heavy weapons if it wants to help Ukraine succeed in the conflict with Russia, Wolfgang Ischinger, the former chair of the Munich Security Conference and a veteran German diplomat, said on Saturday. […]
UNION, New Jersey: Bed Bath & Beyond reported a quarterly loss of $393 million after its sales plunged by over 30 percent, continuing losses that have led to warnings of potential bankruptcy. After taking on financing worth $375 million in August and failing this month to convince bondholders to swap out their investments for new […]
