The great week of central banks is over and as expected monetary paths will continue to diverge. While the Bank of England has opened the ban with the first interest rate hike, the Federal Reserve, for now, has shown the intention of raising rates (up to three times) in 2022, while the European Central Bank … Read more
Nothing escapes inflation. For this reason, the Russian economist Alexander Abramov decided to make gummy bears his particular thermometer to analyze a price evolution in Russia that has little to do with the forecasts proposed for this year. The ‘Abramov index’ not only compiles the prices of these sweets (imported, to capture the effect of … Read more
Since the steamboat, maritime mobility has left a dark trail of fossil fuels that, without hesitation, has stained the health of the oceans black. Just a few decades ago, no one noticed the damage caused and it was unimaginable a green future for navigation as it was in the past, jumping from boat to boat … Read more
With the Christmas Lottery draw just around the corner, it is time to answer the million dollar question of these holidays: how much of the prize winners does the Treasury take? This year the same rule as last year is maintained, so all winners of a prize of less than 40,000 euros will be free … Read more
They are two of the most successful people in business and business today. And besides, they are friends. Warren Buffett and Bill Gates met many years ago at a dinner from which they have not stopped sharing advice about their investments and concerns. However, despite his fortune, the older of the two, Buffet, knows very … Read more
New York 16/12/2021 – 17:31 The Federal Reserve’s last monetary policy meeting of the year revealed that its chairman, Jerome Powell, and the rest of the senior officials of the US central bank are ready to tackle mounting inflationary pressures. Telegraphing three rate hikes next year to the marketInvestors did not react grudgingly to the … Read more
16/12/2021 – 13:50 Updated: 14:58 – 12/16/21 The European Central Bank (ECB) has announced the end of the purchase program against the pandemic (the so-called PEPP) from March, as planned. Thereafter, debt purchases will fall by half from the current level. Under the PEPP, the institution is buying 60,000 million euros per month, to which … Read more
The UK has started a new unofficial lockdown. The starting shot was not given by Parliament, nor by the Prime Minister, but by England’s Chief Medical Officer, Chris Whitty, at a press conference in which he recommended that citizens minimize their movements and social encounters in the face of the uncontrolled increase in the omicron … Read more
The coronavirus pandemic has increased the importance of contactless payments or by telematic means, leaving aside or as something less frequent the possession of cash in our wallet. Carrying money in your wallet, how could it be otherwise, is not illegal but there are certain limits regulated by law. Specifically, Law 10/2010, of April 28, … Read more
Since the outbreak of the pandemic, with the obvious economic damage to practically all sectors, banking entities have been forced to toughen up some of your conditions as well as to install commissions in order to get higher returns from their products. A policy that has not gone unnoticed by the customers’ pocket and therefore, … Read more