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ECB warns of market risks over US political uncertainty

  Frankfurt am Main / AFP Global markets face rising instability due to political uncertainty after the election of Donald Trump and with polls next year in key European countries, the European Central Bank warned on Thursday. “Risks of global asset market corrections have intensified, partially due to political uncertainty and expected US policy changes,” the ECB said in its ...

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Strikes over Greece new cuts

  Athens / AFP Strikes hit Greece on Thursday against a new round of tax hikes and labour changes considered by the government under the country’s EU rescue deal. Civil servants, teachers, sailors and hospital doctors walked off the job to protest the new austerity measures currently negotiated with the country’s creditors. Some 6,500 people demonstrated in Athens in support ...

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German economy ‘unfazed’ by Trump win

  Berlin / AFP The German economy has shrugged off the shock election of Donald Trump as US president, with business confidence holding at a two-year high and consumption expected to rise in December. “The economic upturn in Germany remains intact. The German economy seems to be unfazed by the election of Donald Trump as US President,” said the Munich-based ...

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