As the popular saying goes: money does not grow on trees. But wealth can grow through careful money management. While getting on top of your finances may seem like an insurmountable task for some, taking control and being consistent will help you turn a time-consuming chore into a habit you actually enjoy.
Host Alice Haine is joined by Alexis Soued, the co-founder of Lune, a new personal financial assistance platform which aims to simplify money management and increase financial literacy in the Mena region.
It’s hard to pick up a newspaper these days without some reference to cryptocurrencies on the pages. But for some, the world of crypto assets and Blockchain technology seems like another language. Since Bitcoin was first created after the 2008 financial crash, cryptocurrencies have multiplied, along with their value.
While the rise and fall of crypto assets has been well documented with some investors making vast sums and others losing their life savings, scepticism from central bankers is rife. European Central Bank president Christine Lagarde has warned of the link between crypto assets and money laundering, while Bank of England governor Andrew Bailey told investors to only buy cryptos "if you're prepared to lose all your money". So with so much uncertainty around the future of cryptocurrencies, how viable are they and do they really have a place in the investment world?
Host Alice Haine is joined by Raša Karapandža, visiting professor of economics at New York University Abu Dhabi, who shares his insights on the misconceptions surrounding the technology.
While the start of 2021 was bleak, with the world still in the grip of a pandemic that had already ravaged major economies, the outlook now is more positive. There is a sense of hope, thanks to rapid progress on the vaccination drive and coronavirus restrictions easing once again. The global recovery is backed by huge levels of monetary and fiscal support, as well as improving growth and earnings that have translated into significant rallies in most equity markets. However, rebounding economies also bring uncertainty. Inflation is ramping up and monetary support will soon start to unwind, putting countries’ employment levels at risk.
With geopolitics also back on the agenda, as the Biden administration engages with the world once again, any decision there has the power to move markets. At the same time, the vaccination programme has been uneven, with emerging markets getting the short end of the vaccine stick. And let us not forget – the Covid crisis is far from over. So, as we enter the second half of the year, what is the outlook from here?
Host Alice Haine is joined by Samy Chaar, chief economist at Swiss private bank Lombard Odier, who guides listeners on what to expect next.