04:27 PM Tuesday 03 May 2022 Books – Mustafa Eid: Data from the World Gold Council showed that Saudi Arabia topped the Arab countries with the highest reserves of gold in central banks among 40 countries, banks and international institutions classified by the Council in its data. Saudi Arabia ranked 18th in the world in … Read more
Frankfurt Even the war in Ukraine will probably not avert the forthcoming turnaround in interest rates: For the first time in decades, the major central banks are planning an abrupt change in monetary policy. The British central bank has recently raised interest rates twice in a row, and the US Federal Reserve will follow suit … Read more
Demonstration in London Broad wave of solidarity. (Foto: imago images/ZUMA Wire) Düsseldorf, New York, Brussels, Berlin, Frankfurt The EU, US and other Western allies further isolated Russia’s financial system over the weekend. First, they want to freeze the assets of the Russian central bank. On the other hand, the country’s most important credit institutions are to … Read more
Not just an investment Corona and low interest rates drive interest in luxury real estate 01/30/2022, 09:44 am The demand for expensive real estate has increased significantly in recent times. Brokerage firms report a doubling of sales in the millions. Contrary to what is often assumed, the new owners like to use the properties themselves. … Read more