Problematic Dollar causes strong Euro, says Saravelos
10 January 2018 | 11:41 am
George Saravelos, global co-head of FX research at Deutsche Bank, discusses the rise of a strong euro resulting from a questionable dollar in 2018 and what it could mean for the European Central Bank.
14 Apr 2021
The head of France's central bank has said he expects the French economy to recover from the pandemic slump by the middle of 2022. The bank is expecting the economy to grow by 5.5 percent this year, after a slump of more than 8 percent in 2020. The April lockdown is also having a limited effect on economic activity, according to the bank's latest report. Meanwhile, French industry is suffering from shortages of key materials such as semiconductor chips, wood and metals, which may cause consumer prices to rise.
16 Apr 2021
After Recep Tayyip Erdogan fired a hawkish Central Bank governor and installed a like-minded critic of high interest rates, the new governor is expected to fulfill the president's wishes for lower interest rates.
18 Jun 2021
Coming across a dead whale might not seem like finding treasure, but for a group of Yemeni fishermen that’s exactly what it was. In the whale’s belly they found a lump of ambergris, a hugely valuable waxy substance used in the making of perfume.
2 Jul 2021
Brazilians protest in front of Brasilia's National Congress in support of a fresh bid launched by opposition lawmakers to impeach President Jair Bolsonaro, after more allegations broke of corruption in acquiring coronavirus vaccines to tackle a pandemic he is accused of having criminally mishandled.
15 Jul 2021
The European Central Bank has said it is taking the next step toward launching a digital version of the euro. The move comes amid a boom in crypto and other digital currencies.
26 Jul 2021
Zoom has announced a $14.7 billion (£10.7b) deal to buy a cloud-based call centre operator.
3 Sep 2021
Here are a few reasons to pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on Saturday.
7 Sep 2021
Here are a few reasons to pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on Wednesday.
25 Sep 2021
In the first edition of our new fact-checking show Truth or Fake, we focus on Afghanistan. A photo purportedly showing the new Afghan central bank chief has gone viral on social media; we show you how our Observers team debunked the image. Meanwhile, we demonstrate how widely shared images of alleged recent violence in Afghanistan's Panjshir Valley, attributed to the Taliban, actually come from a 2018 film.
21 Oct 2021
Experts question whether Google's planned $1 billion investment in Africa stands to benefit the continent in the long term. Instead, some see it as another avenue for big tech companies to acquire budding start-ups.
18 Nov 2021
Turkey's lira sunk to a new low against the US dollar on Tuesday. As the lira continues to tank, the Turkish working class suffer the brunt of the inflation.
23 Nov 2021
The Turkish lira hit new lows against the US dollar and euro. Analysts place the blame on the low interest rates and the cheap money policies preferred by President Recep Tayyip Erdogan.
7 hours ago
Janusz Walus was due to be released on parole after serving nearly 30 years in prison for killing anti-apartheid leader Chris Hani. News of his expected release caused wide controversy.
7 hours ago
The leaders of Germany and Norway have said they will propose that NATO plays a role in protecting undersea infrastructure like gas pipelines or fiber optic cables. This follows the sabotage of the Nord Stream pipelines.
8 hours ago
Content creator Ben Black is trying to see all 64 games at the World Cup – the first time anyone has attempted such a feat.
9 hours ago
Bangladesh's ruling Awami League has a firm grip on the country's politics, and experts say electoral reform is needed to break the one-party monopoly.
9 hours ago
The German government has adopted an action plan against antisemitism that is being described as a milestone. But much depends on its implementation, with antisemitic hate speech on the rise.