Germany’s extended shutdown to curb the coronavirus's spread will weigh on Europe’s largest economy but not choke it off, with economic institute Ifo forecasting quarterly growth of 3% in the second quarter. Chancellor Angela Merkel and the country’s 16 states agreed on Tuesday to extend a shutdown until mid-February as Germany, once seen as a role model for fighting the … [Read more...] about Germany’s Second Lockdown Did Not Sink Economy
Pound Sterling Put Another Test with Bulls Pulling Back and Prices Turning Around
The British Pound backed down this week after riveting uptrends helped drive the currency to fresh two-year highs against both the US Dollar and the Japanese Yen. Against the Euro, the trend was clear coming into March but has since stalled with a key Fibonacci level coming into play. In the US Dollar, the pair remains in what’s been a very strong up-trend since October of … [Read more...] about Pound Sterling Put Another Test with Bulls Pulling Back and Prices Turning Around
European Stocks Fall and Fed Bank Capital Decision, TeamViewer Down 12%
Germany and France are among the countries resuming the rollout of the AstraZeneca/University of Oxford Covid-19 vaccine Friday after British and European medicines regulators recommended it continue to be used. European markets pulled back on Friday after a spike in bond yields reignited concerns about stock valuations, while a U.S. Federal Reserve decision not to extend a … [Read more...] about European Stocks Fall and Fed Bank Capital Decision, TeamViewer Down 12%
UK Pound Falls from Highs Against Euro and US Dollar
The Bank of England appears to have disappointed those wanting a stronger British Pound by signaling it would not raise interest rates until inflation in the UK has risen significantly. A major driving force of Sterling exchange rate gains in 2021 has been the Bank's gradual move away from potentially introducing negative interest rates in the UK. Still, with this … [Read more...] about UK Pound Falls from Highs Against Euro and US Dollar
NGOs in Greece Said Refugee Children Lack Access to Education
At least 33 organizations in Greece published an appeal on March 9, expressing concern that asylum seekers and refugee children do not have sufficient public education access. "We call upon the Greek government to take immediate action to guarantee equal, substantive, and quality education to children of all ages and nationalities residing both on the islands and on the … [Read more...] about NGOs in Greece Said Refugee Children Lack Access to Education