Intermoney | Industrial production recovered in February, advancing by +0.7% m. (five tenths more than expected) while January’s was revised downwards by two tenths to 0.3%. The solid growth in manufacturing activity (0.9% month-on-month) together with mining production (2.8% month-on-month) meant that the fall in utilities (2.5% month-on-month) was not particularly noticeable, thanks to the mild temperatures compared to a particularly cold January. In the details of the data, the…

Norbolsa | Now that the budget extension has been dealt with over the weekend, the Republican Party is now focusing on the debate on how to implement the president’s tax plan. The debate centres on the ability to achieve the $1.5-2 trillion in spending savings over 10 years that is envisaged in the president’s programme. For a part of the Republican Party, in order to achieve these savings it is…