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December 6, 2015 0

"No Limit" to Economic Madness

By News Desk

So Mario Draghi followed up with a new pledge ‘No limit’ to ECB Action to Hit Targets . The ECB pledged on Thursday to continue its €60bn-a-month bond buying quantitative easing plan until March 2017 and cut a key interest rate to a fresh record low of minus 0.3 per cent. But the measures disappointed investors that have come to rely on Mr Draghi to smash expectations, with a broad market sell-off after the ECB failed to deliver deeper cuts and an increase in the pace of QE.

December 5, 2015 0

Passes belief

By News Desk

Fernando Leanme said… Off topic: as far as I can tell the El Niño event has peaked. I’m very happy to see my prediction was right