Strong Eurozone Retail Sales Gives Optimism, EU Region recovering to pre-crisis level
Eurozone retail sales for June came in strong, giving fresh evidence that the region is on track for a rebound. Meanwhile, Spanish and Italian services purchasing managers’ data improved in July, though they still lag those of Germany and France, raising fears of a two-speed recovery. The following is a selection of analysts’ comments. The […]
Covid-19 May Keep Developing Countries From Catching Up Economic Big Leagues
Even before the pandemic, developing countries struggled to sustain the high growth rates of a decade ago that had promised to catapult them into the economic big leagues. The coronavirus is making their path much rockier, potentially entrenching the divide between the world’s rich and poorer parts. In the first decade of the 21st century, […]
The End of Money as We Know It – a Bitcoin Documentary
The End of Money as we Know It examines the meteoric ascent of the revolutionary cryptocurrency which rose from the ashes of the 2008 global financial crisis. As economies, and ultimately people, struggle all over the world, Bitcoin purports to provide an antidote to a world in which money is created irresponsibly by private banks. […]