Bank of Thailand cuts interest rate to record high

The Bank of Thailand’s Monetary Policy Committee (MPC) on Wednesday voted to cut the key interest rate to a record 1.25% in a bid to boost Thailand’s economic growth and support a targeted increase of headline inflation. The current benchmark interest rate is similar to the same rate adopted during …

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A new QE will not stop the global recession

Customers exchange money at a stand in Bangkok. (Photo by Patipat Janthong) I have to apologize because this article will not be easy to read. I will do my best to explain things in the simplest way possible. However, global financial problems are difficult and complex in nature. If you …

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PM to announce more funding for food banks during pandemic

OTTAWA – Prime Minister Justin Trudeau will today announce more federal funding for Canada’s food banks to help them meet the surge in demand for their services caused by the COVID-19 pandemic. Trudeau revealed his plans for the “big announcement” Thursday night as he participated in a virtual town hall …

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How To Get Out Of An Auto Title Loan

When you are in a financial crisis, a car title loan may seem like the right solution. This type of loan allows you to borrow money in exchange for your car title. But title loans tend to be expensive and keep you trapped in a cycle of debt making it …

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Hamilton on top in Austria as Mercedes survives protest

Back in black: Lewis Hamilton steers his car to the best time of the day. SPIELBERG, Austria: Lewis Hamilton began his quest for a record-breaking seventh world title by breaking records on Friday as Formula 1 returned with a full day of testing and an official technical protest from his …

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Westlake Financial Launches Auto Leasing Program

Bloomberg With $ 2,300 in phone calls, Purdue launches huge bankruptcy tab (Bloomberg) – A phone call with the Department of Justice: $ 2,300. Two days at the Ritz-Carlton: $ 830. Oh, and a long cab ride to and from the court in White Plains, New York – it will …

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