Sep 22,2020

Leak Reported $2 Trillion Of Corrupted US Financial Activity More than thousands of documents suspected to be corrupt transactions up to $2 trillion through the US financial system had been leaked to an international group of investigative journalists.   The leak involves more than 2000 suspicious activity reports (SAR) filed......

Sep 21,2020

US Judge Halted Trump’s Ban On WeChat US Magistrate Judge Laurel Beeler, put an unexpected halt on The Trump administration’s ban on downloads of the Chinese-owned app Wechat on early Sunday. Beeler’s order comes just moments before the ban, which the US Commerce Department announced on Friday, takes into effect.......

Sep 18,2020

Summary Of BOE Monetary Policy Meeting The Bank of England (BOE) held its monetary policy meeting on Thursday, while releasing its latest policy statement. The BOE kept the interest rates unchanged at 0.10%, while reviewing a range of actions to deliver its objectives. The central bank is not considering to......

Sep 17,2020

Summary Of FOMC Monetary Policy Meeting The Federal Open Mark Committee (FOMC) held its monetary policy meeting on late Wednesday, followed by a press conference led by Chairman Jerome Powell. The Fed kept interest rates near zero and promised low rates for an extended period, with their objective of maximizing......

Sep 15,2020

Brexit Update: Johnson’s Internal Market Bill Passed First Voting   A legislation bill introduced by UK PM Boris Johnson was voted to pass through the House of Commons on Monday with total of 340 votes to 263. The internal market bill is designed to enable goods and services to flow......

Sep 11,2020

Summary Of ECB Monetary Policy Meeting The European Central Bank (ECB) held their monetary policy meeting on Thursday, followed by a press conference led by President Christine Lagarde. The ECB maintained their monetary policy unchanged, which includes the interest rates, the pandemic emergency purchase programme (PEPP), the asset purchase programme......