TheTimeMap

The Bank of Canada left its benchmark interest rate unchanged at 2.25 percent on September 2, 2026, while indicating that additional interest-rate increases could become necessary if inflation remains elevated. Governor Tiff Macklem said inflation had in...

Oil prices rose by more than four dollars per barrel on September 1, 2026, after renewed military exchanges between the United States and Iran increased concerns about energy supplies from the Middle East. Brent crude futures increased by 4.16 dollars, o...

The Reserve Bank of India was believed to have intervened in the foreign exchange market on August 7, 2026, as the Indian rupee faced renewed pressure from rising global oil prices. Currency traders reported signs of dollar selling by the central bank short...

The International Monetary Fund said on June 22, 2026, that it was expanding financial support for several African countries affected by economic disruptions linked to conflict in the Middle East. IMF Africa Department Director Zeine Zeidane said the instit...

Central banks increase gold reserves at fastest pace in decades On February 22, 2026, the World Gold Council reported that central banks globally added gold to their reserves at the fastest pace in over 30 years. Total purchases reached approxima...

European Markets Decline After ECB Holds Interest Rates On February 5, 2026, European financial markets experienced a notable decline following the European Central Bank’s announcement that interest rates would be maintained at 2 percent. Investors reacted...

On January 28, 2026, the Bank of Canada held its benchmark interest rate at 2.25 percent, the central bank’s first decision of the year, officials announced. Governor Tiff Macklem said uncertainty in trade and global economic conditions complicates future r...

On January 16, 2026, major U.S. stock indexes declined as Treasury yields reached a four-month high, reflecting investor concerns over future Federal Reserve policy and economic direction. Rising yields often influence equity valuations and trading strategi...

BRICS Bloc Expands as New Members Join Amid Push to Reshape Global Order The BRICS group of emerging economies formally expanded on January 1, admitting new member states as part of an effort to increase its global influence and challenge existin...

Moshe Ivgy was a prominent Israeli actor, known for his work in film and theater. He faced multiple allegations of sexual misconduct involving women who interacted with him professionally. In May 2017, a magistrate’s court convicted Ivgy of indecent assa...

The creation of the Federal Reserve System on December 23, 1913, established the central banking authority of the United States. It was enacted through the Federal Reserve Act, signed into law by President Woodrow Wilson, in response to recurring financial ...

Emperor Aurelian implemented a major monetary reform aimed at stabilizing the Roman currency system after years of debasement. The reform introduced new silver coins with improved purity and standardized weights to restore public confidence.This monetary po...