This article demonstrates that only government borrowing in the US and UK drives GDP growth. This surprising conclusion is confirmed by long-run statistics. GDP does not represent economic ... Read More
The recommendation by the European Commission (EC) to end the Excessive Deficit Procedure (EDP) for Portugal underscores the strengthening in the country’s public finances following policy adjustments and an ... Read More
Second estimate for the second quarter of 2015 GDP up by 0.4% in both euro area and EU28 +1.5% and +1.9% respectively compared with second quarter of 2014 Seasonally ... Read More
We believe that the U.S. dollar index is poised to continue moving higher on the back of its 2014 rally. Our view is based on the bullish long-term chart technicals ... Read More
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