Economy
US state that ECB actions might be insufficient to stop the euro zone from repeatedly sinking into a recession
The US issued another warning regarding the struggling European economy, pointing out that Germany can help by boosting consumer spending, and said further ECB actions may be warranted. The US issued yet another warning regarding the European economy. The euro zone risks slumping into a downward spiral of wages and prices alike, and according to the More...
ECB struggles to salvage euro zone from deflation, while the Fed sees US economy recovering
As the ECB is to announce a new attempt to steer the euro zone away from deflation, US jobs data to be released on Friday are expected to show the US economy is recovering, and the time has come for the Fed to suspend More...
G-20 warns of growing financial market risks
G-20 finance bosses and central bankers lay the focus on possible soaring of financial market risks due to low interest rates, uneven economic growth and increased dependence on monetary stimulus. According to More...
IMF cautions about risks arising from big financial market bets
The International Monetary Fund warned investors about risks stemming from big market bets financed by borrowed amounts. The International Monetary Fund warned about serious hazards for the global economy coming More...
China may join countries boosting their gold reserves in an environment of huge holdings imbalances
China may become the next country to boost its gold reserves, having only modest amounts compared to developed economies’ holdings. China may become yet another emerging economy to increase its gold reserves. More...
ECB’s latest interest rate cut means free lunch for Ireland
After being bailed out by EU partners four years ago, Ireland can now borrow for free, after ECB’s latest interest rate decrease. Ireland was bailed out by EU partners four years ago, and now it can borrow money More...
US labor market stalls in August
The stall in the US labor market in August, with the fewest workers hired in the last eight months, can add to the reasons for the Fed to stave off raising interest rates. The US labor market stalled in August, More...
US regulators introduce financial rules to help banks endure crisis situations
The financial rules issued by US regulators on Wednesday will enable banks to cope with crunch situations and will join global efforts to stave off future financial system meltdown. New financial regulations were More...
Manufacturing and services sectors shine in Spain and Ireland as Italy and France contract
Spain’s economic outperformance of the euro zone, clearly demonstrated by the August PMI numbers, points that time is running high for structural reforms in the EU; policy makers are meeting tomorrow to discuss More...
Cooling manufacturing activity in the euro zone and Asia stirs speculations on further policy stimulus
Euro zone factory activity slowed down after the strong July, while China’s recovery was merely patchy, arousing concerns about global demand. European factory activity marked a sizeable slowdown, following More...
