Thomas Jordan is to leave his post at the head of the Swiss National Bank after 12 years, ending an era in which Swiss monetary policy was the subject of something approaching awe around the globe. “Having met the various challenges of recent years, now...
6 months agoBARCELONA — In the region of Osona, to the north of Barcelona, there are seven times as many pigs as people.Hectares of pig farms — long, barrack-like brick buildings with half-closed windows — stretch from the roadside into the distance. Metal cylinders...
6 months agoIn a bid to track how people commute across the country, the government will be conducting the first ever National Household Travel Survey as part of its 80th round of NSS Surveys, Moneycontrol has learnt.The ministry of statistics and programme implement...
2 months agoJÖKULSÁRLÓN, Iceland — I feel like I am watching the end of humanity. As gusts of wind and rain sweep across the glacial lake of Jökulsárlón, milk-white and light blue icebergs slowly drift toward the Atlantic Ocean, circled by otters and birds. Crowds of...
1 month agoThe new governor of Cyprus’ central bank sees few obstacles to further rate reductions this year — as long as geopolitics don’t get in the way.“The inflation rate has been declining so monetary policy is being successful, and if the projections of the [Eu...
1 month agoCan Europe's firms be trusted to share their profits with the toiling masses?Ask the European Central Bank, and you'll get a resounding yes. In recent months, the Frankfurt-based institution has predicted that companies that have enjoyed bumper gains in t...
1 month agoSaudi Arabia is spending more than a billion dollars to sponsor global sporting events as it looks to burnish its reputation and assert itself as a global superpower, according to a new report out Wednesday.The report by think tank New Weather Institute r...
4 weeks agoBRUSSELS — Just how squeaky clean are the new team of commissioners hoping to work for Ursula von der Leyen?The European Parliament’s legal affairs committee, known as JURI, is going through the declarations of interest of all top EU officials to find out...
1 week agoSpain’s recipe for rapid economic expansion continues to work, said Economy Minister Carlos Cuerpo in an interview with POLITICO. The country has been among the fastest-growing economies in the eurozone since the pandemic, helped by the boom in ‘revenge’...
6 days ago