Author Archives: ESCP Europe Finance Society

Weekly Market News 10/12/23

The Economic Challenges Facing Javier Milei’s Argentina Argentina faces significant economic challenges, a scenario that Javier Milei, a self-declared anarcho-capitalist, confronts as the new president. Once a thriving nation among developing countries, years of mismanagement have plunged Argentina’s economy into disarray. Imposing artificial controls on prices and exchange rates has resulted in considerable distortions. Milei,Continue reading “Weekly Market News 10/12/23”

Weekly Market News 3/12/23

The Fall of the Eurozone Inflation The Eurozone inflation in the month of November fell to 2.4%, beating all the expectations for this period of 2.7%, down from 2.9% of October. This result has been achieved focusing on the energy and food comparts, where there has been more effort to reduce the level of prices.Continue reading “Weekly Market News 3/12/23”

The Weekly Market News 26/11/23

BNB -16% after Changpeng Zhao left Binance On the 21st of November Changpeng Zhao (CZ), CEO and Binance’s founder, left his company after pleading guilty to violation of US anti-money laundering laws and must pay a $50 million fine. This is the result of a common agreement between Binance and the US government in whichContinue reading “The Weekly Market News 26/11/23”

The Weekly Market News 19/11/23

Are High Interest Rates Here to Stay? The European central bank (ECB) and the Bank of England (BOE) are currently experiencing very similar economic situations. After a series of consecutive interest rate increases to combat high inflation, both have recently decided to maintain their interest rate levels for the first time. Both face the complicatedContinue reading “The Weekly Market News 19/11/23”