Tag: financial crisis
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Former Lebanon Central Bank Chief Arrested Over Alleged Financial Crimes
The former Governor of Lebanon’s Central Bank, Riad Salameh, has been arrested over several alleged corruption cases. Salameh, who led the institution for three decades, faces allegations of financial crimes both domestically and internationally. His tenure, initially praised for aiding Lebanon’s post-civil war economic recovery, ended amidst controversy over policies that many believe led to…
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Examining the Feasibility of a Soft Landing Amid Economic Challenges and Fed Policy Adjustments
The Wall Street Journal examines the concept of a soft landing in economics, highlighting how the Federal Reserve aims to achieve a delicate balance of lowering inflation without triggering a recession or a significant rise in unemployment. The video explains the rarity and difficulty of soft landings, primarily due to the unpredictable nature of the…