Will the EU’s bid to use frozen Russian assets hit the euro?
Some fund managers see potential fallout affecting the currency’s global status from controversial plan
Some fund managers see potential fallout affecting the currency’s global status from controversial plan
“There is so much intrusion from all sides and corners,” a Sami reindeer herder tells me, reacting to a government decision to grant a mining permit in Gállok in the Sápmi region in Sweden’s far north.
Sápmi is the communal land of the Indigenous Sami people. Their land ranges through northern parts of Norway, Sweden, Finland and Russia.
Perceptions of a high-tax UK are wide of the mark. Steve Travelguide/ShutterstockHeadlines about tax in the UK being at an all-time high abounded after the autumn budget. The current overall tax take, at 35% of GDP, is indeed a historic high for the country. And the measures announced in the budget will take it to 38% by the end of the parliament.
The dominant global financial position of the US and its currency, the dollar, is wobbling under the second Trump administration. AURA88 / ShutterstockThe US has long sat at the centre of the global financial system, with the US dollar serving as the backbone of the world economy. Private investors rely on the dollar as a store of value in times of uncertainty.
Greece’s seasonally adjusted (SA) GDP grew modestly in Q3, rising by 0.6 percent quarter-on-quarter (QoQ), from a downward revised 0.4 percent increase in Q2, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday.
A raft of new measures designed to support the growth of the mutuals sector have been announced today by the financial regulators. They include a review of credit union regulations and the launch of a Mutual Societies Development Unit by the Financial Conduct Authority (FCA).
Prime Minister Kyriakos Mitsotakis, whose government has repeatedly been accused of compromising the rule of law, has mounted a defence of his government’s record on justice reform, arguing that the system that is becoming faster, fairer and more credible.
Hearings that began Wednesday in Washington reflected anxiety over the future of the U.S.-Mexico-Canada trade pact and whether the president could end up scrapping it.
Readers told us how insurers are raising premiums and, in some cases, cutting back coverage, as climate change shakes up the real estate market.
The Conversation, CC BYIt often seems like a great idea at the time. There’s a streaming service, paywalled news site or premium version of an app you want to try, offering a “no strings attached” free trial.
You sign up – with a few easy clicks and your credit card. The trial period passes, and for whatever reason, you decide this product isn’t for you.