Market

europe-countries-flags

Household expenditure by consumption purpose in the EU

05/12/2019(0)
In 2018, households in the European Union (EU) spent almost €2 100 bn (equivalent to 13.0% of EU GDP) on ‘Housing, water, electricity, gas and other fuels’. This represents ... Read More
currency

150 years of bank credit expansion is near its end

22/11/2019(0)
  The legal formalisation of the creation of bank credit commenced with England’s 1844 Bank Charter Act. It has led to a regular cycle of expansion and collapse of ... Read More
globe

Resolving creeping communism

15/11/2019(0)
  The thirtieth anniversary of the fall of the Iron Curtain coincides with a popular resurgence of communism and a drift into more socialism. A collective amnesia sees a ... Read More
world-euro-notes

Plans for a global Dystopia

14/11/2019(0)
  Global policy planners intend to deliver replacements for both dollar hegemony and fossil fuels. Plans may appear uncoordinated and in their early stages, but these issues are becoming ... Read More
A picture illustration shows U.S. 100 dollar bank notes and Japanese 10,000 yen notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao

Lebanon puts temporary ban on taking large sums of dollar cash out of country: NNA

29/10/2019(0)
A Lebanese state prosecutor on Sunday banned traders and money exchangers from taking significant amounts of physical dollar currency out of the country at air and land borders, state ... Read More
Euro, Hong Kong dollar, U.S. dollar, Japanese yen, British pound and Chinese 100-yuan banknotes are seen in a picture illustration

Money and the theory of exchange

23/10/2019(0)
  Evidence mounts that the global credit cycle has turned towards its perennial crisis stage. This time, the gathering forces appear to be on a scale greater than any ... Read More
european economy

Euro area government deficit at 0.5% and EU28 at 0.7% of GDP

21/10/2019(0)
In 2018, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2017. In the euro area the government ... Read More
brexit

UK and EU strike new Brexit deal in last-ditch talks

17/10/2019(0)
Negotiators from the U.K. and EU reached a draft Brexit deal in 11th-hour talks Thursday, although there are serious doubts that the agreement will be approved by U.K. lawmakers ... Read More
Colored Diamonds

Lab-grown diamonds shaking up the industry

08/10/2019(0)
Young consumers in China are taking a growing interest in cheaper, more accessible alternatives to mined gems. It sparkles and shines like a diamond from the Earth’s mantle, but ... Read More
markets flow

An Inflationary Depression

04/10/2019(0)
  Financial markets are ignoring bearish developments in international trade, which coincide with the end of a long expansionary phase for credit. Both empirical evidence from the one occasion ... Read More
Broker Cyprus TopFX