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Boris Herrmann and Team Malizia take to the water again at Kiel Week
© Christian Beeck.de
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Boris Herrmann and Team Malizia take to the water again at Kiel Week

Boris Herrmann was back on the water in September for the first time since his impressive 5th place finish at the Vendée Globe. Sailing in front of an enthusiastic home crowd at Kiel Week, Germany’s most famous annual sailing regatta, he took part in the welcome race on Team Malizia’s CG 32 catamaran alongside German Olympic sailor Susann Beucke, fresh from her silver medal winning performance at Tokyo 2020.

Marketing & Communications

3 min read
The IMF’s latest attempt to boost fiscal spending Investment Insights

The IMF’s latest attempt to boost fiscal spending

In August 2021, the IMF approved a general allocation of Special Drawing Rights (SDRs) equivalent to USD 650 billion to boost global liquidity and support the global economic recovery. Although this represented the largest SDR allocation in the Fund’s history, it went almost unnoticed. In this Macro Flash Note, Joaquin Thul argues the additional liquidity will help lower-income economies to partially offset the negative impact of Covid-19, but it is unlikely to affect the recovery of developed and emerging markets.

Joaquin Thul

6 min read

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