At Davos 2023, IMF’s Georgieva urges monetary authorities to ‘stay put’ despite optimism

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Chris Hamill-Stewart, Freelance Editor, World Economic Forum, Gayle Markovitz, Business Editor, World Economic Forum The managing director of the International Monetary Fund (IMF) has urged the international community to stay realistic about the prospects of an economic recovery. At […]

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 […]