Search Results for: bloomberg
The global debt problem
April 15th, 2021
It has been recently estimated that global debts stand at $284 trillion equivalent, representing 355% of global GDP. Estimates such as these must be treated with caution, and they probably underestimate financial sector debt. Furthermore, no allowance in ...
The ECB’s financial suttee
March 22nd, 2021
The European Commission is failing. Its response to Brexit and the pandemic, where it is now threatening emergency powers in order to secure vaccines is a latest throw of the political dice. Even before this development markets were getting ...
British pound plunges
December 22nd, 2020
Concerns about a new strain of coronavirus in the U.K. drove the British pound to its biggest loss since March, though the currency pared much of the loss after Prime Minister Boris Johnson made another offer to salvage Brexit ...
European stocks gain on vaccine hope; dollar slumps
December 17th, 2020
European stocks climbed as authorities said the rollout of a COVID vaccine would begin before the end of the month, potentially giving a boost to the region’s battered economies. The Stoxx Europe 600 Index edged higher, pulled up by ...
iSignthis released Business Update
October 27th, 2020
iSignthis announced its 6th consecutive positive quarterly operating cash flow contained in the Appendix 4C and its quarterly business activity report. The Company is profitable, with more than 110 staff between Australia, UK, Lithuania, Cyprus, Malta, Netherlands, and Israel. ...
Ruble’s slump has killed hopes of further rate cuts in Russia
October 6th, 2020
Traders are betting that the Bank of Russia will put interest rate cuts on hold after the ruble’s 9% slump against the dollar in the past three months. Forward-rate agreements, which have been predicting more monetary easing for most ...
Europe stock futures tick lower; Offshore yuan and euro to dollar traded up
August 17th, 2020
Stocks in China climbed after the central bank’s injection of cash raised hopes of more supportive monetary policy, with equities and futures elsewhere trading mixed as investors assessed soured U.S.-China ties. The dollar slipped. The Shanghai Composite was more ...
Mastercard and Visa lose legal round in Europe over swipe fees
June 18th, 2020
Wednesday, the highest court in the U.K. upheld a 2018 ruling by a lower court, the Court of Appeal, that payments firms Visa and Mastercard had restricted competition for retailers by levying fees on transactions, known as multilateral interchange ...
TikTok faces scrutiny from EU watchdogs over Data practices
June 12th, 2020
TikTok, ByteDance Ltd.’s social media app, is facing broader scrutiny over its privacy policies, following a decision by the European Union’s data protection chiefs to coordinate potential investigations. Wednesday’s announcement by a panel of EU authorities follows the decision ...
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 ...