December 2023 - FinanceRift

Peru’s Economic Dream Deferred: Central Bank Confirms Recession, Hints at Recovery

Peru, once lauded for its economic miracle, is now facing its harshest reality in years. The central bank has drastically…

The Federal Reserve’s recent “great pivot” has triggered a surge in bearish bets against the US dollar, with speculative traders…

In a rare private equity deal for the tech sector, Leonard Green & Partners has agreed to purchase a stake…

Citigroup, the US banking giant, has made another major strategic move in its ongoing transformation, this time exiting the distressed-debt…

Oil prices are simmering on the stovetop of geopolitical tension, with the Red Sea emerging as a potential pressure cooker…

Washington and London are tightening the screws on Russia’s oil exports by making it tougher to circumvent the G7-led price…

German prosecutors have filed a motion to seize over €720 million held in a Frankfurt bank account belonging to a…

In a landmark verdict, Latvia’s former central bank governor, Ilmārs Rimšēvičs, was sentenced to six years in prison for bribery.…