Sunday, June 23, 2024

Tag: Economic Crisis

The minutes from the March meeting of the Federal Open Market Committee show that the Fed expects a banking crisis to cause a recession this year.
The founder of Elliott Management and one of the world’s most successful hedge-fund managers, Paul Singer, was the man who saw the economic crisis coming. He also predicted inflation at the start of the Covid pandemic.
Sri Lankan President Gotabaya Rajapaksa announced a state of emergency on Friday as violence erupted in Colombo during large rallies against economic mismanagement.