Post by VitalBriefing

📰📣🚨 It's been a busy news week in the business world. Don't miss the latest edition of our 𝗪𝗲𝗲𝗸𝗹𝘆 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗨𝗽𝗱𝗮𝘁𝗲 to discover the biggest stories coming out of Luxembourg, Europe and across the globe. 📅 We publish this newsletter weekly on LinkedIn, so keep an eye on our page -- or subscribe 📬✉️ -- to make sure you never miss it! Key headlines in this week's edition: 📌 German MEP questions Luxembourg’s implementation of EU legislation covering lending by foreign banks 📌 Luxembourg risks recession if blockade of oil and gas supplies from Gulf drags on 📌 Eurozone inflation rises to 3.2%, cementing expectations of imminent European Central Bank interest rate hike 📌 US companies avoided $40bn in corporate income tax by shifting earnings to Bermuda, Cyprus, Cayman and Malta 📌 High net worth individuals’ wealth worldwide grew by 8.7% last year to $98trn