Bond Yields Fall to a 500-Year Low

Bond Yields Fall to a 500-Year Low

Jeffrey Gundlach, the American fund manager who correctly forecast the surge in bond prices this year, contrary to the overwhelming majority of the experts who got it wrong, remains fundamentally pessimistic about economic growth in the US. He predicts that...
Euro Finance

Euro Finance

Euro: Its strength relative to other currencies is “crazy,” says Fabrice Brégier, chief executive of Airbus’s passenger jet business. Europe cannot be “the only economic zone of the world that doesn’t consider its currency… as a key asset to promote its economy.” The...
World Bank lowers projection

World Bank lowers projection

Washington – The World Bank on Tuesday lowered its projection for the global economic outlook this year, as developing countries are heading for disappointing growth, while high-income countries are gaining momentum. World Bank lowers projection for global...