Inflation at highest level since 2008: this is what it means for you…

Inflation at highest level since 2008: this is what it means for you…

– theme image. — © MARC HERREMANS – MEDIA HOUSE – Inflation rose to 4.16 percent in October, the Belgian statistical office Statbel reported. That is the highest level since October 2008, when inflation was 4.72 percent. How did that happen? What exactly does that mean. And will it have an impact on your salary? … Read more

This will change on October 1: corona rules relaxed, civil servants…

This will change on October 1: corona rules relaxed, civil servants…

Number of corona rules relaxed On October 1, several corona rules will again be relaxed in Belgium. After a year and a half of closure, discotheques and nightclubs are allowed to reopen. In addition, the mouth mask may be dropped off in shops, catering establishments or at work from 1 October. Only in the interior … Read more

Inflation in the EU and in the euro area rose sharply in August, the highest in ten years – ČT24 – Czech Television

Inflation in the EU and in the euro area rose sharply in August, the highest in ten years – ČT24 – Czech Television

For the first time, inflation thus significantly exceeded the European Central Bank’s (ECB) target. It intends to keep price growth at two percent per year in order to revive the economy. The central bank estimates that the current rapid rise in prices is only temporary and expects inflation in the euro area to be 2.2 … Read more

The world is drowning in debt. The way out will not be easy

The world is drowning in debt.  The way out will not be easy

The world has completely fallen into the cult of debt, on all fronts. According to an September analysis by the Institute of International Finance, global debt, which includes liabilities to governments, businesses and households, rose to a record $ 296 trillion during the second quarter of this year. This is about a fifth more than … Read more

How do they work Are you sure?

How do they work  Are you sure?

Companies can raise money with corporate bonds. This mostly comes from institutional investors, but private investors can also buy the bonds. What you should be aware of. The European Central Bank does it, and so does the US Federal Reserve – and so can you: invest in corporate bonds. But what are you getting into … Read more

The economy is experiencing a shock. Central bankers are haunted by inflation and delta mutations

The economy is experiencing a shock.  Central bankers are haunted by inflation and delta mutations

Central bankers in the developed world are not yet planning any vigorous fight against inflation. They fear that, in the still fragile economic situation, they will not slow down the promising economic recovery again. Therefore, they usually neither raise interest rates nor restrict large-scale purchases of securities. The “printing” of new money continues as if … Read more

The European Central Bank is preparing a digital euro. It is a reaction to cryptocurrencies

The European Central Bank is preparing a digital euro.  It is a reaction to cryptocurrencies

The European Central Bank (ECB) today took the first step towards launching the digital euro. Its plans are linked to a global effort to meet the growing demand for electronic means of payment, but according to Reuters, it also wants to deal with the cryptocurrency boom. The digital euro, as the electronic equivalent of banknotes … Read more

The real estate bubble threatens the eurozone economy, warns the European Central Bank

The real estate bubble threatens the eurozone economy, warns the European Central Bank

Risks for euro area countries are increased but uneven. Targeted stimulation will be needed to revive the region from the coronavirus crisis, as the pandemic has affected different sectors differently. The biggest impact was on tourism and hospitality. The risks are thus focused on certain countries and parts of the economy. “Governments face a delicate … Read more

Financial market outlook “completely changed” due to rising government bond yields = BIS | Reuters

Financial market outlook “completely changed” due to rising government bond yields = BIS | Reuters

[London, 1st Reuters]–The Bank for International Settlements (BIS) released a quarterly report on the 1st that the last month’s surge in global bond markets will completely change the outlook for financial markets. He pointed out that it might be. He also mentioned that market volatility is increasing due to fluctuations in gamestop stocks by individual … Read more

Insurance state: ECB has in fact assumed state financing

Insurance state: ECB has in fact assumed state financing

opinion Public finance The all-powerful insurance state can create money for everyone and everyone – – Stand: 12:16 p.m. | Reading time: 4 minutes – – – The European Central Bank has actually taken over the financing of the states, says economist Thomas Mayer Source: Getty Images / Ed Pritchard, Thomas Mayer Marc Comes / … Read more