The middle-income trap: inequality across countries after Covid-19
In 2020, Covid-19 narrowed the prosperity gap between rich and poor countries as the former were at first the most affected. But over the medium and long run, its consequences could hit emerging markets harder.
IPO volumes are set to hit a new record in 2021, offering investors higher return potential than traded equity, albeit with higher risk. But choosing the right IPO depends on more than just geographical location and sector.
European food retailers: The bitter digital aftertaste of the Covid-19 legacy
The Covid-19 crisis has fast-forwarded Europe’s e-commerce transition, especially in food retail. But we estimate that every percentage of grocery sales moving online threatens EUR13.6bn in sales and up to EUR1.9bn in profits.
Despite the roaring return of inflation in H2 2021, don’t expect any major announcements from the ECB next week. The September meeting will, however, set the course for its policy stance for the remainder of 2021 and beyond.