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Which Is the Better Short-Term Bond ETF, Vanguard's VTES or VanEck's SMB?

Key PointsThe Vanguard Short-Term Tax-Exempt Bond ETF offers a lower expense ratio than the VanEck Short Muni ETF.

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Europe Intelligence Brief August 15, 2026: One Percent, Or All Of It

Rio Times · Europe Intelligence Brief August 15 Key Facts — A hundred and eighty billion The Dutch bank Triodos estimates heat and drought could cut European Union output by about 1% this year, or…

  • Heat and drought could cost EU €180 billion, nearly all projected growth
  • 1% loss in EU output attributed to reduced labor productivity
  • Agricultural production expected to decline 3-7%, impacting France and the Netherlands

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