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EU economy ‘on crutches’

Christine Lagarde has said Europe’s monetary authority plans to keep interest rates and coronavirus stimulus unchanged. She urged EU members to get their coronavirus recovery fund operational with haste. European Central Bank chief Christine Lagarde on Thursday said...


This is Why Fund Management is so hard!

Over 90% of active managers in the U.S underperformed the benchmark index over the past 10 years. While it may not be that bad for emerging markets, still fund managers on the whole underperform the...

Sunken barges to plug dike in Germany’s flood zone

Authorities in Germany’s flooded Elbe river basin plan to plug a broken dike by sinking two barges in the gap. Federal and regional governments are arguing over how to finance 8 billion euros in flood...