The volume of green bond issues was again a record this year. A trillion...
Bonds to finance environmentally friendly activities set a new record this year. Their global issue reached $859 billion. Green bonds are issued by companies across industries.
The...
The European Central Bank could raise interest rates in about a year, according to...
In recent months, the European Central Bank has been criticized for only taking rising inflation into account and doing nothing against it. Robert Holzmann, Governor of the Austrian National Bank and a member of the Governing Council of the ECB, indicated when interest rates could start to rise.
No more cheap money. The world’s central banks have shown their willingness to fight...
Both the Federal Reserve and the European Central Bank have said it will limit quantitative easing. In the case of the Fed, in particular, this is a step that few could have imagined six months ago.
Europe will have record low gas reserves at the end of winter, data warn
Cold weather and subdued supplies of natural gas from Russia could mean that Europe will depend on the record low level of this raw...
The dollar strengthened slightly against the euro. Easing fears over omicron variant and expected...
The U.S. dollar has wiped off losses it suffered after news of the appearance of the omicron variant, which is spreading faster than the previous variant of the SARS-COV-2 delta virus. Indeed, it seems that omicron will not be as much of a danger to economic recovery as originally assumed.
US exports soar record, reducing October trade deficit
The United States foreign trade deficit shrank 17.6 percent for October to $67.1 billion. A giant increase in exports and only a slight increase in...
No longer need to extend bond purchases, sounds from the European Central Bank
Inflation in the European Monetary Union is so high that it could exceed the long-term outlook of the European Central Bank. There is no reason...
China’s economy will slow its growth next year, predicts government advisory body
The world's second-strongest economy will grow in 2022 at one of the slowest rates of the past few decades. At the same time, more than 11 million new jobs will be created in Chinese cities, inflation will be around three percent.
The Chinese are investing a quarter of a billion dollars in a nickel production...
The Chinese company Chengtun Mining Group has announced that it is investing in a nickel production project in Indonesia. Metal is an important component for the production of batteries for electric cars.
Global economic recovery is strong but unsettled, says in new OECD outlook
In its new economic outlook, the Organisation for Economic Co-operation and Development notes that gross domestic product in most OECD countries has come above...
