If a frog is thrown in boiling water, it will leap out instantly. But if placed in cold water that is slowly heated, it will supposedly stay there. As the tale goes, the frog only perceives the slow change in temperature as a danger when it is beyond saving. In reality of course, frogs are not that foolish. Rather, the story serves as a parable for the following point: people often seem to ignore slowly building risks until it is too late.
ODDO BHF announces the appointment of Alexander Ilgen as Chief Financial Officer and Head of Corporate Development with effect from September 1, 2024. In this function, Alexander Ilgen will be a member of the Group Management Committee (GMC) as well as member of the Management Board of ODDO BHF SCA and of the Management Board of ODDO BHF SE.
As it happens every five years, EU (European Union) citizens are called to elect the members of the European Parliament, on 6-9 June. The Parliament shares legislative powers with the EU Council (it votes on laws and the budget) and has powers of scrutiny over the Commission.
“In the next 30 years, we will have extracted as much [metals] as since the start of humanity!” – Philippe Varin in his report on Securing the Supply of Mineral Raw Materials.
Three British economists—Paul Marsh and Mike Staunton of the London Business School, and Elroy Dimson from Cambridge University—have embarked on a meticulous endeavour: they have traced 35 stock markets around the world as far back as possible to test a core theoretical question of investment. Are equities truly superior to all other asset classes over the long term?
Even if the protagonists are already known, the rematch between Joe Biden and Donald Trump will once again captivate the world until 5 November. The two candidates are neck-and-neck in the opinion polls and there is no clear favorite now. In geopolitical terms, such as support for Ukraine or the future of NATO, a second Trump presidency could have some consequences.
Three British economists—Paul Marsh and Mike Staunton of the London Business School, and Elroy Dimson from Cambridge University—have embarked on a meticulous endeavour: they have traced 35 stock markets around the world as far back as possible to test a core theoretical question of investment. Are equities truly superior to all other asset classes over the long term?
Economic crises leave a legacy of high public debt. Expansion phases should be used as an opportunity by governments to reduce their debt and rebuild some headroom in their public finances. This is easier said than done. Let’s look at what happened after the last two major crises.