It became easier for euro area firms and households to borrow money in the second quarter of 2018 and demand for loans also increased. The negative impact of non-performing ... Read More
After a brutal few weeks in precious metals, you’d expect trend-following speculators to be heading for the exits. And the most recent gold and silver futures action — aka ... Read More
President Trump visited Britain on a much-anticipated visit. The political situation in Washington is very different from when Mrs May last visited. In Washington, President Trump appears to have ... Read More
For most world leaders and corporate executives, the swing of the global pendulum to more protectionist policies has been an unpleasant surprise. That’s because the consensus view from both ... Read More
Employment expands in the Protected cartel-dominated sectors, and declines in every sector exposed to globalization, domestic competition and cheap capital. If you want to understand why the global ... Read More
In the first quarter of 2018, the business investment rate was 23.1% in the euro area, compared with 22.9% in the previous quarter. The business profit share in the ... Read More
To understand the consequences of the credit cycle, we must dismiss pure opinion, and examine the evidence rationally. This article assesses the fate of the dollar on the ... Read More
In the EU in 2015, a total of 23.5 million non-financial enterprises existed, 98.7 % of which were small (0-49 employed persons), 1.0 % were medium (50-249 employed persons) ... Read More
Being huge, consequential and technologically advanced, China isn’t normally lumped into the “emerging” category with Brazil and Argentina. To most observers they’ve already left the kids table and are ... Read More
The Western media was incredulous. The Donald had disregarded diplomacy, scuttled out of the G7 meeting in Canada without endorsing the G7 agreement, and ended up shaking hands ... Read More
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