Bank of England Governor Andrew Bailey. Dan Kitwood/WPA Pool/Getty Images The pound after the Bank of England said it's closely monitoring financial markets. The BoE didn't say it would take emergency action to stem the decline of the pound, which hit a record low earlier Monday. The pound fell by nearly 2% after the […]
Tag: Bank
The Looming Bank Collapse
After months of living with the coronavirus pandemic, American citizens are well aware of the toll it has taken on the economy: broken supply chains, record unemployment, failing small businesses. All of these factors are serious and could mire the United States in a deep, prolonged recession. But there’s another threat to the economy, too. […]
The European Central Bank pulled the trigger on a record interest rate hike as Europe battles a Russian energy crisis and spiraling food prices
ECB president Christine Lagarde has presided over two consecutive interest rate hikes. Philipp von Ditfurth/Getty Images The European Central Bank just pulled the trigger on its biggest interest rate hike. The central bank increased rates by 75 basis points, and signaled further hikes. Economies around the world are raising rates as they battle to keep […]
Money Heist plot hole: Fans insist the gang has no time to escape the Bank in part five
Moreover, there’s still the question of some 90 tonnes of gold to be smuggled out along with the surviving crew. Production is currently underway in Milan, but viewers have already raised their concerns about whether showrunner Álex Pina will be able to deliver the goods in Part Five. One fan took to Reddit to speculate […]
Money Heist plot hole: Fans expose major error with bank robbery
However, the police cotton on to their plan and they’re forced to break out a pair of RPGs to take down an oncoming armoured tank. The military grade vehicle was dispatched surprisingly quickly, but it wasn’t enough to secure the safety of the team. Although the sequence is a thrilling and tightly executed action set […]
Puerto Rico’s biggest bank came out of Hurricane Maria stronger
Even as people leave the island, Popular’s customer base has swelled
Donald Trump picks David Malpass to run the World Bank
If the nomination passes, the bank will be led by one of its fiercest critics
The Central Bank of Russia shifts its reserves away from the dollar
The move is part of Russia’s desire to hedge against further American sanctions
Israel advances plans for nearly 2,200 settler homes in West Bank – NGO
Israeli authorities have advanced plans for nearly 2,200 settlement homes in the occupied West Bank, the Peace Now NGO said on Wednesday. The plans would be the first such approvals since snap polls were called earlier this week. A Defense Ministry committee with responsibility for such projects on Tuesday and Wednesday approved the plans, which […]
Russians again! Tourist storms bank on remote Norwegian island without any escape plan
A small Norwegian town on a remote archipelago near the North Pole, where polar bears outnumber residents, has been shaken by the first-ever bank robbery in its living memory. On Friday morning, a 29-year-old Russian tourist visited a bank in the town of Longyearbyen on Svalbard archipelago in the Arctic Ocean. He threatened bank personnel […]