Here’s what happened when a charity gave $1,000 each to poor households in Kenya

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 Charity GiveDirectly gave $1,000 to poor households across Siaya County, Kenya. The money had a ripple effect on the region’s economy, as every $1 of cash delivered generated $2.60 in additional spending. […]

The ECB will do whatever it takes to set the Eurozone economy again in motion

Benoît Cœuré, Member of the Executive Board of the ECB, speaking at the high-level conference on “Monetary Policy in the New Normal” organised by the IMF in Washington D.C., on 13 April 2014, described in detail the unconventional monetary policy tools the Eurozone’s central bank is about to use, in order to affect (reduce) interest […]