Search Results for: US economy
How criminals profit from the COVID-19 pandemic
March 31st, 2020
Europol, the European Union’s law enforcement agency, has published a report about the latest developments of COVID-19 on the criminal landscape in the EU. In accordance with the Europol’s latest report: During this unprecedented crisis, governments across Europe are ...
Hourly labour costs ranged from €6.0 to €44.7 across the EU Member States in 2019
March 31st, 2020
In 2019, average hourly labour costs in the whole economy (excluding agriculture and public administration) were estimated to be €27.7 in the European Union of 27 Member States (EU) and €31.4 in the euro area. However, the average masks ...
Gold Is Now “Unobtanium”
March 30th, 2020
The Wall Street Journal just published the kind of article gold bugs dream of seeing in the mainstream press. Here’s an excerpt: “Coronavirus Sparks a Global Gold Rush Epic shortage spooks doomsday preppers and bankers alike; ‘Unaffordium and unobtanium.’ ...
Cryptocurrency value rises over $14 billion in 24 hours as bitcoin rallies 10%
March 24th, 2020
Cryptocurrency prices rallied on Tuesday even as equity markets continue to come under pressure due to coronavirus fears weighing on investors’ sentiment. Bitcoin was up over 10% from 24 hours previously, trading at $6,569.17 at around 11:57 a.m. Singapore ...
The dollar slipped on Tuesday; The euro to dollar gained 0.8%
March 24th, 2020
The dollar slipped on Tuesday on signs tight funding conditions are easing slightly after the U.S. Federal Reserve pulled out all stops to supply much needed greenback liquidity. The Fed announced unlimited quantitative easing and programs to support credit ...
European stocks rally after historic sell-off; Stoxx 600 up 5%
March 13th, 2020
European stocks rallied on Friday during a volatile session after their worst sell-off in history, as the rapid spread of the coronavirus pandemic continues to dominate investor sentiment. The pan-European Stoxx 600 climbed 5%, with basic resource stocks surging ...
Bank of England cuts rates, and stock markets rise
March 11th, 2020
European markets opened higher on Wednesday despite a lackluster performance in Asia. Still, futures markets indicated that Wall Street could be in for a tough opening. Major indexes in London, Frankfurt and Paris opened 1.8 percent higher, shortly after ...
Europe embarks on economic revolution with landmark climate law
March 5th, 2020
Europe wants to make it illegal by 2050 to emit more greenhouse gases than can be removed from the atmosphere. European Commission President Ursula von der Leyen unveiled a draft law on Wednesday that would commit the region to ...
How Emerging Market stocks and currencies kicked off the week
February 3rd, 2020
Emerging market stocks held at near two-month lows on Monday, showing no signs of reprieve as investors continued to worry about the economic hit from a deadly virus outbreak in China. As traders in Asia’s biggest economy returned from ...
Why a flu outbreak in China can spook global markets
January 23rd, 2020
When people talk about empires of the past, they generally mean Rome and Britain. But the biggest and in some ways most interesting empire was built and run by the Mongols in the 13th and 14th centuries. At its ...
