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Trump's 'Chaotic' Policies May Drive Investors To Europe, Says Analyst: 'Quite A Shift In The World Order'
Monday, March 10, 2025 - 5:54am | 572The unpredictable policies of President Donald Trump, especially concerning tariffs and the Russia-Ukraine conflict, have stirred a sense of uncertainty among households, businesses, and Wall Street. However, this has also paved the way for new investment opportunities, as per analysts. What...
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How Germany's Cannabis Market Is Dominating Europe And Unlocking New Profit Opportunities
Monday, October 14, 2024 - 11:26am | 900In a global cannabis market brimming with potential, where should businesses focus their attention? Experts from the Benzinga Cannabis Capital Conference examined the profitability and growth prospects across Europe, Australia, Southeast Asia, and Canada, with Germany standing out as the market...
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Stalled In Bureaucratic Limbo, This German City Struggles With Illegal Cannabis As Demand Surges
Friday, August 30, 2024 - 5:26pm | 604Despite cannabis legalization in Frankfurt, the expected surge in legal cultivation has yet to materialize. The city, which could support up to 129 cultivation associations, has had only two applications submitted since the law took effect two months ago. Across Hesse, just 14 applications have...
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Euro Zone Inflation Stalls, Central Bank Considers Rate Cut: 'Path From Here Likely To Be Bumpy'
Tuesday, April 30, 2024 - 12:47pm | 447In April, inflation rates across Europe remained consistent at 2.4%, aligning with economists’ predictions, while the region experienced economic growth in the initial quarter of the year. This stable inflation rate continues a trend below 3% for the seventh consecutive month, despite a brief...
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ECB's Lagarde Rejects Recession Label For Europe, Recalls Yellen's 'Forget It' Remark
Thursday, January 25, 2024 - 5:58pm | 680The President of the European Central Bank (ECB) Christine Lagarde has expressed skepticism regarding the idea that two consecutive quarters of negative growth could signify the onset of a recession for the European economy, challenging the conventional economic definition. Addressing questions...
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Fitch Warns Of Surge In Corporate Defaults For 2024 Despite Fed's Pause On Interest Rate Hikes
Thursday, December 28, 2023 - 4:43am | 594Fitch Ratings forecasts a rise in corporate defaults in the U.S. and eurozone due to stricter central bank policies. What Happened: Fitch Ratings stated on Wednesday that tougher central bank regulations will continue to impact the economy, leading to an increase in corporate defaults in 2024, as...
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Is Europe's Economic Recovery At Risk? Predictions Indicate First Recession Since Pandemic
Monday, December 11, 2023 - 8:06am | 598In a surprising turn of events, the Euro Zone is predicted to face its first recession since the global pandemic, with economists forecasting a contraction in the economy for the second quarter in a row, as per a recent Bloomberg survey. What Happened: A Bloomberg report on Dec. 11, 2023, revealed...
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Bank of England's Aggressive Rate Hike Triggers Turbulence In European Stocks: Will The Fed Follow Suit In July?
Thursday, June 22, 2023 - 8:38am | 605The Bank of England caught markets off guard by enacting an unexpected 50-basis-point hike in its policy interest rate to 5% Thursday, marking the 13th consecutive increase and bringing the cost of borrowing to the highest since 2008. The BoE noted that second-round effects on domestic wages and...
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Eurozone PMI At 5-Month Low: ETFs In Focus
Thursday, June 29, 2017 - 4:46pm | 1146The Eurozone has been gaining a lot of traction lately, owing to speedy growth and high business confidence. However, the region failed to sustain its shine in June 2017, primarily because of a slowdown in the services sector growth. IHS Markit's Flash Composite Purchasing Managers Index (PMI...
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A Sunny Outlook For This Europe ETF
Thursday, May 25, 2017 - 9:04am | 544With political risk muted, at least for the moment, and European stocks looking attractively valued relative to their U.S. counterparts, investors have multiple reasons to consider the region's equities and exchange traded funds such as the SPDR EURO STOXX 50 ETF (NYSE: FEZ). The Importance Of...
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Asian Stocks Mostly Higher On 'Limited News Flow,' European Stocks Follow The Lead
Wednesday, May 25, 2016 - 8:28am | 289Asian stocks closed mostly higher on Wednesday after U.S. equities posted strong gains on Tuesday. "Asian markets have had limited news flow to deal with today," Chris Weston, chief market strategist at spreadbetter IG told CNBC. "The bold moves [today] are a reflection of the belief that the...
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UK's Cameron: Leaving The EU Would Be 'A DIY Recession' For The Country
Monday, May 23, 2016 - 4:11pm | 339Presenting a finance ministry report published Monday, UK’s Prime Minister David Cameron warned that leaving the European Union would be like pushing the self-destruct button on Britain’s economy, a Reuters article reported. A Brexit (as the media has dubbed the potential event) would...
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New ETF Hones In On Eurozone Recovery
Thursday, October 29, 2015 - 3:03pm | 608WisdomTree Investments, Inc. (NASDAQ: WETF), the fifth-largest U.S. issuer of exchange-traded funds, expanded its already substantial lineup of international ETFs Thursday with the introduction of three new funds. For investors looking for a dedicated play on the ongoing recovery in eurozone local...
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Gartman: We Were Right About Greece's 'Most Important' Fallout
Monday, July 13, 2015 - 12:27pm | 295Dennis Gartman of The Gartman Letter said that the entire Greece bailout hinged on the fact that "Germany's industries wanted/need/ and have demanded" that Greece be kept in the Eurozone in order to "keep that currency weak on balance." In particular, the euro hit multi-...
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Greece Sends New Letter To ECB & IMF; Deutsche Bank's Saravelos Says It's Not A 'Full Backing Down'
Wednesday, July 1, 2015 - 7:53am | 357The Prime Minister's Office in Athens on Tuesday sent a two-page letter to the heads of the European Commission, European Central Bank and International Monetary Fund. Various media reports, including the Financial Times noted that the letter implies the Greek government will accept most of...