Search Results for: UBS
European Central Bank digital currency – a flight of fancy?
May 13th, 2020
Speech by Yves Mersch, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the Consensus 2020 virtual conference, 11 May 2020 11 May 2020 A recent survey among 66 central ...
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, ...
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 ...
Pound Sterling higher against Euro and Dollar
May 7th, 2020
The British Pound went higher on Thursday after the Bank of England opted to keep interest rates and its quantitative easing programme unchanged, a decision that might have surprised some market participants that were looking for more easing to ...
Whistleblower awarded approximately $2 million
April 9th, 2020
The Securities and Exchange Commission (SEC) announced an award of approximately $2 million to a whistleblower who provided vital information and assistance that substantially contributed to an ongoing investigation. The whistleblower’s information would have been difficult for the agency ...
A primer for gold newbies
April 7th, 2020
The purpose of this article is purely educational. Increasingly, the wider public is turning to gold in a spontaneous reaction to financial and economic problems that have become suddenly apparent, hastened by the spread of the coronavirus. For ...
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 ...
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 ...
Coronavirus adds an extra layer of challenge to health data under the GDPR
March 24th, 2020
The EU General Data Protection Regulation (GDPR) has very strict conditions regarding the collection and handling of sensitive health data; these terms remain in effect even as Europe adopts extreme measures to combat the coronavirus (Covid-19) outbreak. As various ...