A sign of the Eurosystem’s monetary authority is located outside the headquarters of the European Central Bank. Bloomberg | Bloomberg | fake pictures Banks in the euro area could soon face difficulties if the current crisis deepens and erodes their capital positions, Andrea Enria, chairman of the European Central Bank’s …
Read More »Eurozone PMIs recovered in July
Andrey Rudakov | Bloomberg | fake pictures Business activity in the euro zone rebounded in July, according to preliminary data, as tight coronavirus blockades were further relaxed and more people returned to work. In June, the region had already shown signs of a recovery with PMIs (Purchasing Managers Index) reaching …
Read More »The dollar was hit in the mouth on Tuesday and its forecast is weak, experts say.
The US dollar is taking a beating on Wall Street, measured by a popular index. The blame is partly on the revival of the EURUSD euro, -0.01% as European leaders forged a historic fiscal pact to lift the eurozone economy out of the coronavirus pandemic that has brought much of …
Read More »Lil Wayne Shares “Free Weezy Album” on Spotify with a Modified Song List
Five years after its initial release, Lil Wayne fans rejoice now that Weezy’s Free Album is available on Spotify. On July 4, 2015, Lil Wayne delivered his coveted project to fans and until now, it was only available for broadcast on TIDAL. While a previous advertisement stated that Free Weezy …
Read More »The unemployment rate in the euro area rises to 7.4% in May
A protester at the picket line wears a written helmet without layoffs during a demonstration in Spain. SOPA Images The unemployment rate in the euro zone reached 7.4% in May, as the region is dealing with the Covid-19 economic shock. It comes after several European economies took their first steps …
Read More »