Inflation is defined as the rate at which a currency’s value falls and, as a result, the general level of prices for goods and services rises. Inflation is a natural occurrence in an economy. However, inflation hedging can counteract the expected loss in the price of a currency, thereby safeguarding the lost purchasing power. Inflation […]
Stagflation is coming, and it will eat into our savings
Stagflation was prophesied by Nouriel Roubini, a former adviser to President Obama. Roubini is legendary for regular apocalyptic visions of economic disaster. He is rightly nicknamed Dr. Doom. It is September 2021 and predictions of stagflation are multiplying. On the face of it, it doesn’t look like that at all. Compared to last year, the […]
Biden wants to change taxes: Relieve working class, increase for corporations
U.S. President Joe Biden has promoted his planned huge investments in social welfare and called for an economic rethink. The country has reached a turning point, Biden said Thursday in Washington. For a long time, the U.S. economy worked well for large corporations and top earners, according to the report. The rich have become significantly […]
Chinese property development giant Evergrande is not too big to fail
Chinese property development giant Evergrande is not too big to fail, the editor-in-chief of China’s state-run Global Times said. Chinese property development giant Evergrande is not too big to go bankrupt, the editor-in-chief of China’s state-run Global Times said. This signals that neither the conglomerate nor investors should count on a bailout by the state. […]
NordStream 2 is almost finished, how will it impact stock price of GAZPROM ?
The Gazprom share price is rising and rising. In recent weeks, the share price of the world’s largest natural gas producer has risen sharply, driven by steadily increasing gas prices. However, according to the Kremlin, this development could stop or weaken the commissioning of Gazprom’s new Nord Stream 2 pipeline, of all things. “An early […]
Joe Biden has now been in the office for 100 days. What are the challenges ahead?
US President Joe Biden has now been in office for 100 days. Since then, there have been strong price movements on the stock markets, but the greatest fears of Biden skeptics have not been realized. Donald Trump had always emphasized that under his leadership the stock market in the USA had developed more successfully than […]
EU will fight back in case USA introduces import tax on cars produced in EU
The European Union (EU) will respond to any US measure increasing the tariffs on imports of cars produced in the Union, said European Commission Vice-President Jyrki Katainen. US President Donald Trump escalated the trade dispute on Friday (June 22nd) when he threatened a 20 percent clunk on all cars produced in the EU. Approximately one […]