Not so long ago, a bank was by definition a business that took deposits from customers, paid them for the use of their money, and lent the cash to ... Read More
2015 has certainly been an interesting year as far as the world of finance is concerned. The markets have undoubtedly seen some tumultuous times, particularly in recent months, so ... Read More
End of energy isolation in the Baltics: how the Gas Interconnector Poland-Lithuania (GIPL) works How does the Gas Interconnector Poland-Lithuania (GIPL) work? What changes The Governments of Poland, Lithuania, ... Read More
“Two men enter, one man leaves, two men enter, one man leaves, two men enter…” Oil consuming countries will celebrate the first anniversary of the Saudi decision to let ... Read More
Gold is money, admittedly not often circulating as such today. Fiat currencies issued by governments have driven gold out of circulation. But where does this leave silver? Money-substitutes, bank ... Read More
Gain of 8.3% lagged behind industry growth of 9.8% last month VW showed “noticeable uptick” in German discounting: Barclays Volkswagen AG failed to keep pace with European competitors as ... Read More
You thought it was safe to drive 90 miles an hour on a rain-slicked narrow road while you were tipsy because the airbag would save you, but it still ... Read More
RCEP: The next trade deal you need to know about The conclusion of the Trans-Pacific Partnership (TPP) trade agreement last week could speed up talks on its lesser-known Asia-wide ... Read More
The biggest bank in the western world has just come out and declared that the global economy is “already in a recession”. According to British banking giant HSBC, global ... Read More
So what’s left in the toolbag of central banks and states to stimulate recessionary economies if QE has been discredited? The answer: Helicopter Money. We all know helicopter money of some ... Read More
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