Energy prices are going through the roof at the moment. The causes are both political and economic. Shares in the energy and commodities sector offer potential for further price increases.
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Second Pandemic Year Ends With Strong Gains for Stock Markets
For the world’s stock markets, the second year of the coronavirus pandemic ended with partly spectacular gains. Which stock markets were the best in 2021? One thing should be said in advance: The Vienna Stock Exchange was among the top performers
New German “Traffic Light” Coalition Launches Climate and Economic Programme During Difficult Phase
Germany’s first federal government coalition of the Social Democratic Party (SPD), the Free Democratic Party (FDP) and the Green Party – called the “traffic light” coalition for the parties’ traditional colours – has now been in office for just under two weeks and is starting its planned renewal programme at the most difficult time imaginable. The train towards climate protection and renewable energies is picking up speed.
Black Friday and Cyber Monday Kick off the Year’s most Important Retail Season on Friday
On November 26, the traditional “Black Friday“ of discount deals in the US and many other countries officially kicks off the immensely important Christmas shopping season for many industries. However, with the trend towards online shopping accelerating with the Corona pandemic, how will this turn out this year?
Japan’s Prime Minister Kishida Promises Economic Stimulus Programmes to Combat Corona Crisis After Election Victory
The parliamentary elections in Japan confirmed Prime Minister Fumio Kishida’s pro-business course. Will the stock market gain new momentum?
Continuing Oil Price Rally Leads to new Multi-Year Highs
Crude oil prices continued to soar in the past week. The background to the oil price increases lies in the rising demand for oil combined with the ongoing economic recovery and fears of tight supply. The price surge in recent days was triggered by a drop in oil reserves reported by the US government on Wednesday.
Network Outage and Whistleblower give Facebook Critics new Fuel for Fire
Two nearly simultaneous events surrounding social network behemoth Facebook have recently directed public attention towards the network’s impact and power, giving Facebook critics new momentum: After an outage of the most important Facebook services last Monday that lasted several hours, former Facebook employee and whistleblower Frances Haugen made serious accusations against the company before the US Senate the following day.
Gas Price Surge Driving up Electricity Prices and Fueling Inflation Concerns
Gas prices have soared in recent weeks. What are the reasons behind this? Will the planned increase in Norwegian gas supply bring the relief we have been longing for? Read more in our blog.
20 Years of 9/11: Full Circle from Bush to Biden
Exactly 20 years ago, on 11 September 2001, the USA was shaken by the worst terrorist attacks in its history. The attacks on the World Trade Center in New York claimed the lives of 3,000 people. They changed world politics. The effects are still a big issue today – keyword Afghanistan.
Tourism Industry on the Path to Recovery in Summer, but Pre-Crisis Level Still a Long Way Off
The travel and tourism industry is continuing its recovery. The number of overnight stays increased noticeably in what is now the second Corona pandemic summer, and travel figures paint a similar picture. However, pre-Corona pandemic levels are still a long way off, and the recent strong spread of the delta variant of the virus is also an uncertainty factor.