Search Results for: finance industry
The new deal is a bad old deal
July 10th, 2020
So far, the current economic situation, together with the response by major governments, compares with the run-in to the depression of the 1930s. Yet to come in the repetitious credit cycle is the collapse in financial asset values and ...
Time to learn about money
May 14th, 2020
An unexpected destruction of fiat currency has been advanced by the monetary and fiscal response to the coronavirus. Financial markets have yet to discount the possibility of such an outcome, but in the coming months they are likely ...
Payments panic and the ending of fiat currencies
March 24th, 2020
The unilateral response from governments to the coronavirus is to helicopter money to people and their businesses in unlimited quantities. Their priority is to keep the debt-driven Keynesian show on the road, and policy makers are approaching the task ...
South Africa is getting proactive about its crypto regulations
March 18th, 2020
South Africa has become one of the centers for the cryptocurrency industry across Africa. The crypto adoption rates have been growing but the development has not come without a price. While South Africa has always been one of the ...
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 ...
UPDATE: European stocks flat as investors take profits into holidays
December 23rd, 2019
European stocks were mixed on Monday as investors sought to take profits into the holiday season following a sustained rally earlier in the month. The pan-European Stoxx 600 hovered around the flatline by mid-afternoon, with autos falling 0.9% and ...
France to test its Central Bank digital currency in Q1 2020: Official
December 5th, 2019
The central bank of France plans to pilot a central bank digital currency (CBDC) for financial institutions in 2020. François Villeroy de Galhau, the governor of the Bank of France, announced that the bank will start testing the digital ...
US set to impose tariffs on $7.5bn of EU exports; Is there an economic impact?
October 4th, 2019
The US has been given the go-ahead to impose tariffs on $7.5bn (£6.1bn) of goods it imports from the EU. It is the latest chapter in a 15-year battle between the US and the EU over illegal subsidies for ...
China or US?
September 9th, 2019
China has made some silly errors in its conflict with the US, reflecting the arrogance that often afflicts every state actor. But the appearance that China is being backed into a corner over Huawei, trade tariffs and Hong ...
The reasoning behind Gold’s breakout
August 1st, 2019
Gold’s dramatic move above $1400 has caught the investment establishment by surprise. Physical gold ETFs, as a proxy for direct portfolio investment, amount to only 0.05% of the estimated $250 trillion of global investment values. As well as ...
