Donald Trump‘s victory in the US presidential elections represents a strong blow to relations between Washington and London, because of the changes it brings that may contribute to reshaping the features of political communication between the two countries, with profound repercussions on the future of Washington-London relations. “Workers” shock The British newspaper “The Telegraph” said … Read more
British government sources revealed that Rachel Reeves, the new Finance Minister, will announce, today, Wednesday, what may be the largest tax increases in three decades, in an attempt to reform the country’s public services. She will also reveal plans for additional borrowing worth billions of pounds to reform the economy. According to the French agency, … Read more
With … Teutonic understatement, German Economy Minister Robert Habeck noted on October 9 that economic conditions for Germany are not “satisfactory”. His intervention was made immediately after the revision of the official forecasts for growth in the current year, which fell from 0.3% to a recession of 0.2%. It is noted that it was preceded … Read more
Correction on the stock market. Graphic: Greatkim – Freepik.com Last week, the US benchmark index S&P 500 fell out of its uptrend channel that has been in place since the end of October 2023. Starting from its record high on July 16 at 5,669.67 points, the index fell by almost 10%. A correction of around … Read more
A sharp increase in bets on a rate cut in the United States could further fuel a rally in bonds, fueled by weakening economic data. The latest data showed that the Federal Reserve will need to move faster in easing its monetary policy in order to prevent the US economy from falling into recession. The … Read more
EPAUnrest in the financial markets is also visible in Japan NOS News•today, 09:10•Adjusted today, 11:53 The stock market in Japan has started the week dramatically. The Nikkei index closed at a loss of 12 percent. That was the biggest daily loss since 1987. In response, the AEX in Amsterdam is now more than 3 percent … Read more
In light of the slight and sudden increase in the inflation rate in the United States during the month of February, new challenges emerge before the US economy and President Joe Biden, at a time when increasing inflation is considered a possible indicator of a delay in lowering interest rates, which may negatively affect growth … Read more
Social democracy in Europe is at a crossroads. This is what two British professors claim. They identified the German Chancellor as a warning example. Things are not easy for social democracy in times of multiple crises. While the war in Ukraine, recession and climate change keep Europe on tenterhooks, the governments of the nation states … Read more
It is said that economic forecasts mainly serve to make astrologers seem a little more credible. A look at the success of last year’s predictions adds weight to this not very flattering bon mot. Instead of the most expected recession in history, the US economy expanded at a rate of 5.2 percent in the third … Read more
[비즈니스포스트] The prevailing opinion among experts is that it is nothing but a ‘foolish judgment’ to have expectations that the U.S. Federal Reserve System (Fed) will lower the benchmark interest rate in the near future. Since it is difficult to predict when an environment will be created for the Federal Reserve to pursue interest rate … Read more