Igor Kuchma

If the travel industry was amongst the hardest hit by the economic impact of the pandemic, then, it should benefit most from the reopening. Theoretically yes. The only problem is that no one knows for sure when the crisis will end and governments will lift restrictions. When countries launched vaccination campaigns, investors turned their eyes […]

You may have forgotten about him, but he still plays an important role in US politics. Just like an intelligent megalomaniac mouse from “pinky and the brain”, he is possessed by the idea of once again taking over the world. He is known for many things, but there is a particular one that brought him […]

Financial institutions are constantly working on making ordinary people’s life more difficult, at the same time closing eyes on the illegal or high-risk activities/transactions from rich clients. Not so long ago, HSBC has been accused of moving tons of dirty money in both Mexico and Hong Kong. Some could think that this story would teach […]

No matter where we look, Europe continues to struggle to push higher. In terms of the vaccination campaigns, the union is clearly falling behind because too few vaccines were ordered too late. EU was slow to order the BioNTech-Pfizer vaccine, even when it became the frontrunner and its efficacy had been proven. As a result, […]

If the economy is a living organism, central banks should be considered doctors whose mission is to provide the financial system with dedicated and prompt advisory and attention. Instead of clinical data, they rely on macro and micro indicators that help to measure the health of an economy. Finally, when intervention is necessary, instead of […]

Extraordinary fiscal and monetary measures help the global economy to weather an unprecedented crisis, but at what cost? Global debt skyrocketed to a new record high of $281 trillion in 2020. Total private and public debt for the 61 countries rose approximately by $24 trillion last year, making up over a quarter of the $88 […]

There is no need to present one of the most iconic characters in the financial industry. What should be mentioned is that Warren Buffett doesn’t have a crystal ball, thus investors shouldn’t blindly follow his suggestions or positions. For example, in 2008, Buffett bought a large stake in the stock of ConocoPhillips as a play […]

Slowly but steadily the global economy is recovering from the pandemic slump, global economic activity is growing and output is expected to expand around 4 percent in 2021 but still remain more than 5 percent below pre-pandemic projections. As an increasing number of people in the United States are returning to normal life, starting to […]

Slowly but steadily global economy is recovering from the Covid-19 crisis. Vaccination campaigns are gaining traction all over the world, meanwhile, new cases seem to be slowing down. Additionally, Democrats are getting closer to passing a $1.9 trillion relief package. In this context, US stocks extend record highs, Bond yields grow and oil climbs above […]

Without a doubt, one of the most significant events of the past week was the battle between WallStreetBets and Wall Street. Long story short, an army of traders from Reddit pumped GameStop’s stock price in a matter of days, triggering halts in trading and causing serious problems for the short-sellers betting against it. However, short-sellers […]