Browsing Tag

Europe

Investors rotate their funds amid the banking crisis

The banking crisis caused a reorganization of the investments of the investors in the last two weeks. According to EPFR data obtained by the Financial Times, more than $286 billion has been invested in US money market funds in March. The main beneficiaries of this influx of money have been Goldman…
Read More...

French government makes a controversial pension reform

The French government led by Emmanuel Macron used a controversial procedure to implement its unpopular pension reform without a vote by deputies. Macron proposed delaying the retirement age from 62 to 64 by 2030 and bringing forward to…
Featured

UBS announces the purchase of Credit Suisse

The president of the Swiss Confederation, Alain Berset, has informed this Sunday of the purchase of the Swiss bank Credit Suisse by the UBS bank and has given an account that the Government guaranteed 100,000 million Swiss francs on…
Featured

The ECB raises interest rates to control inflation

The European Central Bank (ECB) announced a half percentage point increase in the interest rate, raising it from 2.5 % to 3.0 % on average for deposit returns. In a press release, the ECB explained that the increase will be reflected in…
Featured

Spain will launch Europe’s first reusable rocket

Spanish engineers Raúl Torres and Raúl Verdú, from the launch company PLD Space, have worked on the first reusable rocket called Miura 1, which could be put into orbit at the end of this year. Miura 1 is the first reusable rocket. It…