All banks face interest rate risk today on some of their holdings because of the Fed’s rate-hiking campaign. This has resulted in $620 billion in unrealized losses on bank balance sheets as of December 2022. But most banks are unlikely to have significant liquidity risk.
The mushroom growth of halal food carts have made their mark on New York City’s life and will continue to do so in the foreseeable future. These carts are introducing Americans to cuisines of countries and regions which have traditionally been in the headlines for wrong reasons.
Pakistan's tanked economy is not as much being debated as its technical default. Some economists believe it has technically defaulted because of its...