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Discovery of the Omicron variant Posted: Nov. 29, 2021, 6:08 p.m. | Update: Dec. 14, 2021, 10:55 a.m. Foreign exchange markets calmed down in Asia on Monday after the initial shock of the discovery of the Omicron coronavirus variant prompted investors to take shelter last week, but analysts warned of greater volatility with still little …

The euro pound exchange rate is heading higher, recovering € 1.18 after heavy losses at the end of last week. News of a new southern African covid variant, Omicron, which has mutated so much that scientists fear it could potentially escape vaccines caused the pound to drop on Friday British Prime Minister Boris Johnson and …

British Pound (GBP) Heads To 20-Month High BoE Governor Andrew Bailey to speak Euro (EUR) collapses as business confidence drops GFK data on German consumer confidence and GDP The euro pound exchange rate (GBP / EUR) was higher on Thursday, extending the gains from the previous session. The pair stabilized 0.07% higher on Wednesday at …

The $ 94 trillion global economy in one graph See the expanded version of this infographic. Only four countries – the United States, China, Japan and Germany – account for more than half of world economic output by gross domestic product (GDP) in nominal terms. In fact, the GDP of the United States alone is …

Turkish Lira banknotes are seen in this illustration taken in Istanbul, Turkey on November 23, 2021. REUTERS / Murad Sezer / Illustration Register now for FREE and unlimited access to Reuters.com Register November 23 (Reuters) – European banks exposed to Turkey came under further scrutiny on Tuesday as the pound collapsed after President Tayyip Erdogan …

An illustrative photo of US dollar, Swiss franc, sterling and euro banknotes taken in Warsaw on January 26, 2011. REUTERS / Kacper Pempel Register now for FREE and unlimited access to Reuters.com Register TOKYO, Nov. 17 (Reuters) – The US dollar hit a new high since March 2017 against the yen and traded near a …

In the wake of Halloween, the leaders of the world’s 20 largest economies approved a 15% global minimum tax on large multinational corporations. The minimum tax, signed in Rome and announced by the Organization for Economic Co-operation and Development (OECD), aims to curb profit shifting and limit competition in tax rates between governments. However, in …

The ratio of currency in circulation to GDP hit a new high of 14.5% for fiscal year 2020-21 amid increased demand for liquidity and declining GDP. However, demonstrating that the digital switch-over and the money-intensity are not mutually exclusive, there is also an increase in all forms of digital payment on the occasion of the …