Search Results for: World Bank
Stocks in Europe gained; Dollar climbed against its major peers
May 25th, 2020
Stocks in Europe gained along with U.S. equity-index futures, while Asian benchmarks were mixed as investors weighed more signs of economies reopening around the world against the rise in U.S.-China tensions. Health-care and leisure shares led the advance in ...
Unintended consequences of monetary inflation
May 15th, 2020
“In short, the Fed is committed to rescue businesses from the greatest economic catastrophe since the great depression and probably even greater than that, to fund the US Government’s rocketing budget deficits, fund the maintenance of domestic consumption ...
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 ...
European stocks fell sharply Wednesday; The biggest movers
May 13th, 2020
European stocks fell sharply Wednesday as concerns over a second wave of coronavirus infections, and the timing of a vaccine, weighs on investor sentiment. The pan-European Stoxx 600 dropped 1.6% in early trade, with autos falling 3.1% to lead ...
Beyond the pandemic – What will the criminal landscape look like after Covid-19?
May 12th, 2020
New Europol report assesses the impact of the pandemic on serious and organised crime across three phases. Based on criminal information from investigations in the Member States, Europol is assessing the impact of the pandemic across three phases; current, ...
Oil prices boosted by Saudi Arabia pledge to deepen output cut
May 12th, 2020
Oil futures rose on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June in a bid to help drain the glut in the global market that has built up as the coronavirus pandemic ...
Geopolitics post COVID-19
May 7th, 2020
Before the coronavirus caused governments to impose lockdowns, whole economies, markets and even currencies were already on course to be destroyed by a vicious downturn in bank lending at a time of contracting trade and record debt. The ...
European markets climb as more restrictions are lifted
May 5th, 2020
The pan-European Stoxx 600 climbed 1.4% by early afternoon, oil and gas stocks surging 5.2% to lead gains as all sectors and major bourses traded in positive territory. European markets are paying close attention to coronavirus developments and the ...
Facebook’s Libra cryptocurrency gets revamp in response to backlash
April 22nd, 2020
Facebook’s planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled-back revamp it hopes will win regulatory approval. The prospect of Facebook’s 2.5 billion users adopting Libra has led to intense ...
What happens when the pandemic ends?
April 15th, 2020
Let’s assume that by the end of this year a combination of social distancing and some new and effective treatments convert covid-19 from existential threat to chronic nuisance and the economy starts to assume an air of normalcy. Which ...
