government agencies and offices

ECB and Bank of England raise interest rates again to fight inflation

London CNN — Europe’s two largest central banks have hiked interest rates sharply on Thursday, opting for bigger increases than the US Federal Reserve as inflation in the region remains near historically high levels. The European Central Bank (ECB) and the Bank of England raised their rates an additional half point. Benchmark interest rates for …

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DOJ sues Google for its dominance in the online advertising market

CNN — The Justice Department and eight states sued Google on Tuesday, accusing the company of harming competition with its dominance in the online advertising market and calling for its dissolution. The decision marks the Biden administration’s first successful antitrust case against a Big Tech company. The eight states joining the lawsuit are California, Colorado, …

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Recently Identified Inflammatory Disease VEXAS Syndrome May Be More Common Than Predicted, Study Finds

CNN — David Adams spent half a decade battling an illness he couldn’t name. He came and went to the hospital several times a year. His inflamed joints felt like he had been squeezed into gloves – and he could no longer play his beloved classical and jazz guitars. He had constant fevers and fatigue. …

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BOJ Policy Meeting: Japan Maintains Ultra-Dovish Policy, Leaves Yield Curve Targets Unchanged

hong kong CNN — The yen plunged on Wednesday after the Bank of Japan decided to maintain its ultra-loose monetary policy, defying market expectations that rising inflation could force the central bank away from low interest rates. . The BOJ kept its yield curve control (YCC) targets unchanged at the end of a two-day policy …

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The Nexperia and Elmos cases show how the US-China chip war is spreading to Europe

hong kong CNN Business — Two European chip deals have run into trouble over their ties to China, a sign of concern spreading in the West about China’s potential control over critical infrastructure. Last week the new owner of Britain’s biggest chipmaker was ordered to reverse its takeover, just days after another chip factory sale …

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