Jommelmom

Jommelmom The most important things about finance, investment, business and technology.

«Learning is a gift. Even when pain is your teacher»
05/06/2023

«Learning is a gift. Even when pain is your teacher»

«Knowledge is power»
04/06/2023

«Knowledge is power»

«Language is the blood of the soul into which thoughts run and out of which they grow».
02/06/2023

«Language is the blood of the soul into which thoughts run and out of which they grow».

«To have another language is to possess a second soul».
02/06/2023

«To have another language is to possess a second soul».

«You can never understand one language until you understand at least two».
01/06/2023

«You can never understand one language until you understand at least two».

«Learning is a treasure that will follow its owner everywhere».
30/05/2023

«Learning is a treasure that will follow its owner everywhere».

«The limits of my language are the limits of my world»
30/05/2023

«The limits of my language are the limits of my world»

British home prices will fall less than previously expected in 2023 as a resilient job market and easing recession fears...
28/02/2023

British home prices will fall less than previously expected in 2023 as a resilient job market and easing recession fears soften the blow from higher borrowing costs, analysts polled by Reuters said.

Inflation running at multiple times its 2% target has pushed the Bank of England to embark on an aggressive policy tightening path and Bank Rate has gone from 0.10% in late 2021 to 4.00% today.

The Swiss economy showed no growth in the fourth quarter of 2022, the government said on Tuesday, as a "challenging inte...
28/02/2023

The Swiss economy showed no growth in the fourth quarter of 2022, the government said on Tuesday, as a "challenging international situation" hit manufacturing and exports.

The 0% growth rate missed forecasts and marked a slowdown from the 0.2% increase in the third quarter, said the State Secretariat for Economic Affairs (SECO), which complied the figures.

A look at the day ahead in European and global markets from Anshuman DagaMarkets are back to inflation watching. Just as...
27/02/2023

A look at the day ahead in European and global markets from Anshuman Daga

Markets are back to inflation watching. Just as global economic growth worries ease and labour markets remain tight, price trends have become the main focus for investors.

A slew of strong U.S. economic data has reinforced the view that interest rates will stay higher-for-longer

German consumer sentiment is set to improve for a fifth consecutive month in March as energy prices fall, a GfK institut...
24/02/2023

German consumer sentiment is set to improve for a fifth consecutive month in March as energy prices fall, a GfK institute survey showed on Friday.

The institute forecast its consumer sentiment index to improve to -30.5 heading into March, up from a revised reading of -33.8 in February, but slightly weaker than an average forecast of -30.4 in a Reuters poll of analysts.

An informal group of international bondholders has proposed to Ethiopia's government to extend the maturity of the count...
23/02/2023

An informal group of international bondholders has proposed to Ethiopia's government to extend the maturity of the country's $1 billion eurobond issue coming due in 2024, three sources with direct knowledge of the matter told Reuters.

The proposal involves the debt maturity being extended to 2029 or 2030 as well as an amortising structure to avoid a big lump-sum payment at the end, with the last five years seeing repayments of $200 million a year, said one of the sources, who like the others asked not to be named because talks are private.

Treasury Secretary Janet Yellen stepped up calls on Thursday for increased financing support to Ukraine to help it battl...
23/02/2023

Treasury Secretary Janet Yellen stepped up calls on Thursday for increased financing support to Ukraine to help it battle the year-old Russian invasion as the United States readies an additional $10 billion in economic assistance.

Yellen, speaking at a news conference in India on the eve of the first anniversary of Russia's invasion, said it was critical for the International Monetary Fund to "move swiftly" towards a fully financed loan programme for Ukraine.

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