Lagos, Nigeria

Month: December 2021

Merkel out; Scholz in

Angela Merkel’s sixteen-year hold of Europe’s largest economy ended earlier this month, as she handed over the helm of Germany’s affairs to Olaf Scholz, her four-year finance minister, vice-chancellor, and an ardent social democrat. Scholz, who narrowly edged out other candidates in the race to fill Merkel’s huge shoes in the September elections, has taken…
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Global monetary policy: Bolder; Faster

A new strain of the coronavirus bursting in to disrupt end-of-year programs was not the only surprise the end of the year had, for financial markets at least. Central Banks in major economies; the US Federal Reserve, European Central Bank (ECB), and Bank of England (BoE), had a gift for the market – the earlier-than-expected…
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