Istanbul Client frenzy in instances of hyperinflation. – (Image: Bloomberg / Getty Photographs) – – – – Istanbul, Ankara Simit is a Turkish countrywide dish. You can get the sesame ring on each individual road corner, with no nearly anything, with butter, with cheese or collectively with the national tea drink. For years the kringels … Read more
New York Another surge in inflation in the US is stoking investor concerns about higher interest rates and a collapsing economy. The US dollar received a tailwind from this on Wednesday, while the euro slipped below par with the US currency for the first time since 2002. The European stock markets went down noticeably. The … Read more
Guido Salerno Aletta Columnist of the Teleborsa Agency – – – The euro, an act of stupid pride That ofeuro it is a history, both ancient and recent, studded with errors. And the BCECentral bank without history and without culture, at the helm of a currency without a state, he is collecting catastrophic ones, one … Read more
Gold has approached its current level (in US dollars) four times since 1971 on an inflation-adjusted basis. More recently, two years ago, the face price was near $2,100/oz and we are now a little below $2,000/oz. It seems to me that there will probably be a breakout in the price of gold that will gain … Read more
– Haruhiko Kuroda, governor of Japan’s central bank The head of the central bank was convinced to the end that the weak yen was making Japanese products more competitive. – (Photo: Reuters) – – – – Tokio According to the Japanese central bank, the strong exchange rate fluctuations of the national currency, the yen, are … Read more
According to a study, German start-ups have caught up in a European comparison and are among the leaders when it comes to large-scale financing. Half of the ten largest injections of money from investors in Europe in 2021 went to local growth companies, according to a survey by the auditing company EY. “This is a … Read more
The Russian currency reached the level of 90 rubles per dollar yesterday. However, the exchange rate is worse on the interbank market. Negotiations between Ukraine and Russia will be crucial for the further development of the value of the Russian currency. The Russian ruble strengthened to RUB 90 per dollar during trading in Moscow yesterday, … Read more
Stock markets around the world are hit on Wednesday and Thursday. Fall. Maybe a bubble burst, even a “super bubble”. Stock market pessimists compete in gloomy predictions of what will happen after the end of the ongoing two-day meeting of the US Federal Reserve. The main result of the meeting will be known on Wednesday … Read more
The koruna broke the psychological limit of 24.30 koruna per euro on Wednesday afternoon in Central European Time. It strengthened below it for the first time since September 2012. According to Bloomberg, the koruna reached a rate of 24,292 crowns per euro. It thus slightly lagged behind its absolute maximum for the entire period of … Read more
– Passers-by in Cologne According to calculations by the Kiel Institute for the World Economy, the potential volume of work will fall from 2024. – (Photo: dpa) – – – – There are many indications that 2022 will be a good year for the economy. The recovery from the corona shock continues, financial and monetary … Read more