This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content Since 1997, PwC has been taking the temperature of chief executives’ confidence around the world. The outlook this year is inescapably pessimistic. Do you believe global economic growth will improve, stay the same, […]
This is what the world’s CEOs think about the global outlook
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After globalization what? Europe’s long, straining shake-up post Davos wreckage
It’s an established fact by now that the Eurozone economy is slowing down. The International Monetary Fund cuts down the relevant growth estimate for this year to 1.6% and 1.7% for 2020. This is far below the robust 2.4% of 2017. The German economy, the largest and the more competitive country of the club, is […]
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What have the banks done to the markets making them unable to bear cheap oil?
Last Tuesday, a new steep fall of the price of crude oil by almost 5%, triggered another selloff in all the major capital markets of the world. The New York and the European stock exchanges lost anything between 2% and 3% of their capitalization. One may observe that this development is one of many of […]
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