Category: Europe (Economy, Finance, Business)

By: Economic & Finance Report Goldman Sachs (GS) will be laying off approximately 4,000 employees. CEO David Solomon indicated this as much, in the end of the 2022-year letter to…

By: Economic & Finance Report Mr. Musk has shut down the Twitter’s European Union central office in Brussels, Belgium. It has been reported the reason for shutting down the office…

By: Economic & Finance Report Saudi Aramco (the world’s largest oil producer); has indicated warning signs that low capacity of oil can lead to an even tighter oil; gas and…

By: Economic & Finance Report Popular Crypto exchange company FTX (Futures Trading Exchange) filed for Chapter 11 bankruptcy on Friday, November 11, 2022. It was certainly the beginning of the…

By: Economic & Finance Mr. Elon Musk has done it, he has made the announcement for the “good of the people”. The people will decide the importance of being Twitter…

By: Economic & Finance Report Rishi Sunak has won his party’s elections (Conservative Party); to be the first Indian British and person of color to lead the United Kingdom. He…

By: Economic & Finance Report UK’s Finance Minister aka Chancellor of the Exchequer has resigned from the position on Friday, October 14, 2022. It was announced that Kwasi Kwarteng would…

https://youtube.com/shorts/t19-vIVnfQM?feature=share

By: Economic & Finance Report Wells Fargo is scaling down it’s mortgage business. The slashing of services from its mortgage division has to do with the direction of the overall…

https://www.youtube.com/watch?v=ies7Kqr3Oy4&feature=youtu.be