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IVT GNA

News of the WEEK

Goldman Sachs has downgraded its forecast for US economic growth in 2022.

Goldman Sachs has downgraded its forecast for US economic growth in 2022.
According to Goldman-Sache, the American economy may face a recession next year. The American economy was struggling like the rest of the world when the pandemic hit, sending people out of jobs and increasing inflation.

For the last three months, there has been no growth in any sector in America. The Russia-Ukraine war, as well as the sanctions imposed on Russia by many countries, resulted in a shortage of energy and goods movement across the EU. The American economy will face a slowdown because the income of the middle class and the lower-income group will be spent on food and gas. Gas and oil prices are already going up due to the shortage in the market. There is now a 35% chance of having a recession in America next year. Read more...

The Western media's eroding credibility.

The real loser in the Russian and Ukrainian wars is not Zelensky, but the western media!

The hypocrisy of the global media giants has been unveiled, and the real colour of the so-called unbiased media's stands for justice, freedom, and democracy has been exposed, resulting in their brand image being ruined. They disseminate fabricated news to the world, concealing the truth and facts. Read more...

Will sanctions against Russia affect Europe?

The war against Ukraine continuing is for more than ten days now, and the major reputed media have already turned their networks, channels, and platforms into a propaganda machine on behalf of their respective governments and have been sending false information damaging their own brand image. Read more

Creditors saved Tsingshan Holding Group Co. from a liquidity squeeze.

Tsingshan Holding Group Co., based in Wenzhou, China. can finally breathe easier after JPMorgan Chase & Co. and China Construction Bank Corp. promised to help the company extend enough cash to compensate for a billion-dollar loss in a short position in nickel futures. There is an equal amount of collateral the company may have to pledge to get the credit approved. Read more...