Search Results for: European economy
The dollar hovered near a four-month high
May 8th, 2018
The dollar hovered near a four-month high on Tuesday, continuing to draw support from higher Treasury yields and upbeat prospects for the U.S. economy, leaving its major rivals such as the euro struggling and others including the Argentine peso ...
British pound was flat, Yen lost, Won jumped, Stocks in Asia gained; Key events to watch this week
April 30th, 2018
Stocks in Asia gained, with some major markets shut for holidays, as investors weighed the ongoing earnings season against a mixed set of signals for global economic growth. The won rallied as the two Koreas moved closer to peace ...
Economics 101: Who Sets Prices?
April 26th, 2018
Since the advent of nineteenth century socialism, politicians and economists in the centre ground have argued for a balanced approach, where vital services are provided by the state, and capitalism is left to provide the rest. Vital services ...
Why A Dollar Collapse Is Inevitable
April 13th, 2018
“Naturally, the smooth termination of the gold-exchange standard, the restoration of the gold standard, and supplemental and interim measures that might be called for, in particular with a view to organizing international credit on this new basis, will ...
Hourly labour costs ranged from €4.9 to €42.5 across the EU Member States in 2017
April 12th, 2018
In 2017, average hourly labour costs in the whole economy (excluding agriculture and public administration) were estimated to be €26.8 in the European Union (EU) and €30.3 in the euro area. However, this average masks significant gaps between EU ...
Euro and British pound rose, Stocks fluctuated in Asia; These are the main moves in markets
April 11th, 2018
Stocks fluctuated in Asia and Treasuries edged higher amid a lack of fresh impetus as an easing of trade tensions paved the way for investors to turn to key U.S. inflation data due Wednesday. The dollar steadied as traders ...
EU tax moves positive step to more just world
April 2nd, 2018
As the recent scandal over Facebook and the company Cambridge Analytica has shown, many companies operating in the new “digital economy” are, essentially, extractive industries. They mine and sell data on an immense scale. The ephemeral nature of this ...
A rally in Asian stocks petered out on Friday and the yen climbed
March 16th, 2018
A rally in Asian stocks petered out on Friday, and the yen climbed, as investors considered the implications of continuing personnel turmoil in the Trump administration. Japan’s currency, often the go-to asset in times of uncertainty, advanced after the ...
Europe plans special tax for tech giants
March 8th, 2018
Bruno Le Maire, France’s minister for the economy, has revealed that a plan to levy a special tax on Google, Apple, Facebook, and Amazon will soon be revealed by European authorities. Le Maire told French newspaper Le Journal du ...
Italian vote, trade concern darken Europe’s economic outlook
March 7th, 2018
For months, the 19-country eurozone economy has been one of the bright spots in the global economy, with growth and job creation picking up steam after years of crisis management and a lack of confidence. But on Monday, the ...
