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'No, inflation is not temporary'

The effects of the inflation wave crashing over the Eurozone and especially in the US are not temporary. As high energy prices persist and second-round effects  still have to find their way into the economy, analysts question the ECB’s reluctance to act and raise eurozone interest rates. “Can the ECB claim that all is well and good and stick to its latest statements and position? The markets do not seem to believe that.”

Bitcoin's footprint challenged

As digital assets are in focus for investors, there is a less visible, less shiny side to at least the Bitcoin story. While the total potential number of Bitcoins is fixed at 21 million, they haven’t all been created yet. New Bitcoins can be ‘mined’ through power-intensive computer analysis, which has a significant carbon footprint, according to Marion Laboure, senior economist at Deutsche Bank in London. There’s also a contrasting view, as set out by US-based portfolio manager Mark L. Casey at Capital Group.

ECB changes its tone on inflation

European Central Bank President Christine Lagarde on Thursday declined to rule out a hike in interest rates this year as costs of living in the eurozone are rising faster than expected. Lagarde said the March and June meetings of the ECB’s governing council will assess an updated analysis that takes into view the larger than expected inflation increases reported during recent weeks. 

Listening to stakeholders brings best shareholder value

It is a well-known fact: supertankers do not change their course easily. But once the decision is made on the bridge, the change of course is pushed with significant force and mass. Take BlackRock, the world’s largest asset manager. It lagged behind in making its policies more sustainable, but now, according to a letter, is offering its clients a veritable ‘one stop shop’.