I am not easily given to profanity but. what the FUCK is going on in this country? Now you can’t be English in England. Let us all hope that UKIP gain enough seats in parliament to give us back some common sense and our country.
The ECB came up with it. In June, it started charging a “negative interest rate” of 0.1% on reserves. In September, it doubled that rate to 0.2%. Deutsche Bank, Germany’s largest and most scandal-infested bank, is also moving in that direction, according to an unnamed source of the Wall Street Journal Deutschland. However, a spokesman […]
Bloomberg: Economists surveyed by Bloomberg News had predicted that the euro-area PMI would increase to 52.3. Chris Williamson, chief economist at Markit, said the decline “raises the risk of the region slipping back into a renewed downturn.” “The deteriorating trend in the surveys will add to pressure for the ECB to do more to boost […]