Recent Posts

Lagarde’s call for German stimulus makes Weidmann smile

Bloomberg When Bundesbank President Jens Weidmann was asked if he gets frustrated by frequent calls for a major fiscal stimulus in Germany, he couldn’t help smiling. That’s how he reacted in an interview with Bloomberg Television’s Matt Miller, on a matter where colleagues at the European Central Bank must often be on his case. Since she became the institution’s chief ...

Read More »

UBS urges Swiss fiscal policy rethink due to negative rates

Bloomberg Switzerland’s negative central bank policy rate that allows the government to get paid to borrow money “inevitably raises the question” whether fiscal policy isn’t too restrictive, according to UBS Group AG. Switzerland has a low debt-to-output ratio, with a constitutionally guaranteed debt break meant to prevent out-of-control spending. The burden of keeping the economy on track falls on the ...

Read More »

Shoprite selling property to pay for online, store upgrades

Bloomberg Shoprite Holdings Ltd’s decision to sell some properties and lease them back is to free up cash to invest in technology, growing online sales and upgrading supermarkets to offer more fresh food. These are the kinds of investments that “give us very good returns,” Chief Executive Officer Pieter Engelbrecht said in an interview after Africa’s biggest grocer reported first-half ...

Read More »
Send this to a friend