Inflation: ECB raises key interest rate to 3 percent
Inflation in the eurozone has lately dropped. However, the ECB is still a long way from reaching its inflation objective. As a result, Europe’s currency […]
Category: Economy
More money, less bureaucracy: What is basic child security of Germany?
The application process for child benefits will be streamlined. This should enable more families to get the benefits to which they are entitled. German kids […]
Google incorrectly shows the dirham’s steep decline against the euro and the dollar
Moroccans held their breath on Wednesday evening as they observed the dirham’s dramatic “collapse” versus the euro and the US dollar. Several screenshots from Google’s […]
Europeans are becoming poor and the middle class is gone
Two out of every five Europeans cannot pay their bills. 46% say they have grown destitute. In Italy, one in every three people has given […]
Shadow banks out of control: Is the mother of all crises imminent?
The dominance of hedge funds and other shadow banks grows, as does the likelihood of a disaster. It’s past time to put them on a […]
Florida is the most popular location for Americans wishing to relocate
Despite the softening of the country’s real estate market, the southeastern peninsula retains its allure and remains the location most desired by purchasers. Miami, Florida […]
Germany and the Netherlands close to the EU industry-saving fund
France and Italy have requested a new fund in response to the US strategy to combat inflation, which threatens to drive businesses out of the […]
Inflation in the Eurozone is expected to reach a record high 10.7%
According to Eurostat, the energy sector will experience the highest annual inflation rate, which is forecasted to be 41.9%; the nations of Eastern Europe will […]
Third profit warning: Adidas stock and the Rorsted problem
The Adidas stock price continues to fall as the company’s on-call CEO and profit-focused strategy lead to nothing but waste. Its value has plummeted since […]
