Parekh: Euro Could Surge on Tightening Cycle

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Parekh: Euro Could Surge on Tightening Cycle

(Bloomberg) — The euro is sitting comfortably against the dollar even with negative interest rates, so we could see a euro surge when the tightening cycle comes. That is according to Nish Parekh, senior FX trader at Silicon Valley Bank, who discussed euro, sterling and the dollar when she spoke with
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Trump Trade War May Cost World GDP $470 Billion by 2020: Chart

What happens to global growth if there's a trade war? Based on Bloomberg Economics' estimates, if the U.S. raises import costs by 10 percent and the rest of the world retaliates, raising tariffs on U.S. exports, the cost by 2020 would be 0.5 percent of global GDP. To put that into perspective, that's about
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Tim Berners-Lee: Net has heaps of problems

The inventor of the World Wide Web says the internet as we know it is “under threat” and faces “heaps” of problems.
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Middle East's Biggest Bank Jumps on Plans to Lift Foreign Limit

Foreign investors currently own about 7 percent of QNB, according to data compiled by Bloomberg. Qatar National … QNB has absorbed the impact of the standoff and is pushing ahead with an expansion into Southeast Asia, Chief Executive Officer Ali Al-Kuwari told Bloomberg in January. Increasing
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Plane Crash at Kathmandu Airport Kills Dozens

Nepalese rescuers stand near a passenger plane from Bangladesh that crashed at the airport in Kathmandu, Nepal, March 12. Photographer: Niranjan Shreshta/AP. Kathmandu, Nepal (AP) — A passenger plane carrying 71 people from Bangladesh crashed and burst into flames as it landed Monday in
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