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Tag: Economic Policy

Japan Spent $36.8 Billion to Prop Up Yen in July, Data Shows

On 2024-08-01 By Aifin In Markets

Japanese authorities intervened aggressively in the foreign exchange market during July, spending a substantial 5.53 trillion yen ($36.8 billion) to support the yen. This intervention, confirmed by the Ministry of Finance, followed the yen’s sharp …

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France at the Polls: High Turnout Signals Far-Right Surge and Risk of Paralysis

On 2024-07-07 By Aifin In World

France saw record turnout at the polls for the second round of parliamentary elections on Sunday, signaling strong public interest in a race that could see the far-right National Rally (RN) emerge as the dominant …

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US Job Market Shows Resilience Despite Slowing Growth

On 2024-07-07 By Aifin In Business

The US economy added a healthy 206,000 jobs in June, demonstrating its ability to withstand high interest rates. While this represents a slight dip from May’s 218,000 job gain, the solid increase reflects the strength …

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