Central Banking16h
Deutsche Bundesbank posts €19.2 billion loss for 2024
Germany’s central bank announced yesterday (February 25) that it had made a €19.2 billion ($21.1 billion) loss in 2024. On ...
These Countries Have the Largest Gold Reserves
The United States is an economic superpower, so it’s no surprise that it leads the world in terms of gold reserves with approximately 72% of the world’s gold holdings. Its gold is stored in two major ...
Admiral Markets21h
US GDP Growth And Nvidia Q4 Earnings Report In The Spotlight
US GDP growth data, the Nvidia Q4 report and comments on ECB's interest rates will dominate the news for the rest of this ...
New German government must quickly address faltering growth, Bundesbank says
Germany's incoming government must address the economy's structural faults quickly and should reform fiscal rules to allow ...
EconomyNext21h
Sri Lanka supports treaty banning AI weapons: Foreign Minister
Sri Lanka will support efforts to ban autonomous weapon using artificial intelligence, Foreign Minister Vijitha Herath has ...
It’s 5 minutes to midnight for Germany’s economy, Bundesbank chief warns after central bank’s first loss in 45 years
The Bundesbank racked up its first loss since 1979, as president Joachim Nagel called on Germany's incoming government to ...
Bundesbank posts USD20.8B loss in 2024
Bundesbank in Germany posted EURO19.8 billion (USD20.79 billion) in 2024 because of high net interest earning decease, as the ...
Germany’s Bundesbank reports greatest loss ever
Germany's Bundesbank has reported its largest financial loss in history, with a €19.2 billion ($20.1 billion) deficit for the past year, attributing ...