Does it Matter to the Market Who Wins the White House?
Published
5 seconds ago
on
August 23, 2024
| 11 views
-->
By
Julia Wendling
Graphics & Design
You are here
federal elections
Putin Warns: Foreign Powers Are Trying To Meddle In Russia's Affairs
Perhaps because he fears retaliation for his government's deliberate - and unsubstantiated - interference in last year's US presidential election, Russian President Vladimir Putin is apparently worried that foreign powers might interfere in Russia’s upcoming federal election.
German Government Crisis Sends Stocks Soaring, Gold Down Most In 4 Months
Following Friday's best day in 6 months, gold tumbled most in 4 months today as the German Government crisis sent investors fleeing any source of safe haven!!??
Sell bonds, sell gold, sell protection...
Seriously...
Gold, Euro Slump As Merkel Admits "New Elections Are The Better Way"
EURUSD is testing overnight lows (and gold is tumbling) after German Chancellor Angela Merkel said she would prefer to go ahead with new federal elections rather than try to form a minority government.
Seeking her fourth term, Bloomberg reports that Merkel is “skeptical” about a minority government as it may not bring about necessary stability and is open to another so-called grand coalition with the Social Democratic party, she said in an interview with ARD television.
German Homeless Population Explodes By One-Third In 2016 As Migrant Crisis Takes Its Toll
According to a recent estimate published by the Federal Association for Assistance for the Homeless, the number of homeless people living on Germany’s streets has risen by 33% in a matter of just a couple of years, to 52,000. Meanwhile, as The Local notes, the number of Germans who can't afford their own home and have been forced to rely on the generosity of family and friends for a place to sleep every night has also risen a staggering 26%, to over 400,000 people.