The past five years have been baffling for gold bugs. In an environment of massive central bank money creation, rising government deficits and a populist takeover of many countries’ ... Read More
In this article I draw attention to the similarities between the current economic situation and that of 1929, and the threat to today’s unbacked currencies. There is the coincidence ... Read More
Russian companies’ stocks attracted the most foreign investment in 5 years, adding nearly $576 million in January, the Central Bank of Russia reported. Investors also actively poured money into ... Read More
In December 2018 compared with November 2018, seasonally adjusted industrial production fell by 0.9% in the euro area (EA19) and by 0.5% in the EU28, according to estimates from ... Read More
In my last article I used a proven accounting identity to show that the end result of President Trump’s trade tariffs would be to increase the trade deficit, assuming ... Read More
Data on contingent liabilities and non-performing loans of EU governments for the year 2017 have been published by Eurostat, the statistical office of the European Union. This publication includes data ... Read More
According to the most recent polished diamond index, published by polishedprices, the overall polishedprices index has had a volatile week, hitting a year-to-date high on Tuesday (121 points) before ... Read More
The European Union (EU) surplus in trade in services, which had fallen between 2013 and 2016, increased to €191.8 bn in 2017. This is the result of EU exports ... Read More
With the Brexit deadline less than 75 days away, the increasing likelihood of a no-deal split is pushing wealthy Europeans who have made their homes in the U.K. to ... Read More
Eurostat, the statistical office of the European Union, has published a report in relation to the business investment rate in the euro area for the third quarter of 2018. ... Read More
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