ECONOMY

World economy 11th December 2013

The Japan macro trade: Watch Japanese investors in 2014

LONDON | By Jim McCormick, Anando Maitra and Sree Kochugovindan at Barclays | Nearly a year ago to the day, the LDP and its leader, Shinzo Abe, won a landslide victory in the Japanese elections. Since then, it has been an extraordinary twelve months for Japan. GDP growth is set to be the highest of all major economies, by a good margin. Inflation and inflation expectations are at the highest levels in some time. The equity market has surged 75% since the election, and the trade-weighted yen has fallen 30%.

World economy 9th December 2013

Bitcoin, The New Toy for Dummies

MADRID | By Luis Arroyo | Bitcoin is increasingly present everywhere: newspapers, books, all over the Internet… and everybody seems to be infatuated with this new currency. However, it isn’t as fabulous as they make us think. It’s tricky and it could endanger even more the already damaged global economies.

In Europe 6th December 2013

EZ is doing even worse than Japan

SAO PAOLO | By Marcus Nunes | Mr Ambrose Evans-Pritchard explains “Mario Draghi said the ECB is studying what happened in Japan at the onset of its Lost Decade in the 1990s, insisting that the EZ is unlikely to go the same way.”

Spanish economy 5th December 2013

Moody’s Changes Outlook on Spain’s Rating to Stable from Negative

LONDON | By Moody’s Investors Service | Moody’s changed the outlook on Spain’s Baa3 government bond rating to stable from negative last Wednesday. Concurrently, Moody’s has affirmed Spain’s Baa3 government bond and (P)Prime-3 short-term rating.

In Europe 20th November 2013

Euro area: Weak growth and low inflation put debt sustainability at risk

LONDON | By Barclays analysts | Although Q3 GDP data for euro area countries indicated growth for the second consecutive quarter, thereby confirming the end of the recession after six quarters of GDP contraction, it also showed the recovery to be subdued, uneven, and fragile.

World economy 19th November 2013

Bubbles, Regulation, and Secular Stagnation

MADRID | By Paul Krugman at Luis Arroyo’s Ilusión Monetaria | Looking at current macroeconomic policy, the obvious question is, stupid or evil? And the obvious answer is, why do we have to choose? But it is, I think worthwhile – or at any rate soothing – to think about the longer-term future for monetary and fiscal policy.

In Europe 12th November 2013

Fragile recovery under way in Italy, but pace likely to remain slow

LONDON | By Barclays analysts | Industrial production data in September were slightly weaker than we expected, adding further downside risks to our expectation that Italy’s GDP growth was flat in Q3.

In Europe 5th November 2013

100 years on Germany ‘pulverizes’ Europe

SAO PAULO | By Marcus Nunes | According to Professor Harold James, “Germany’s general election in September and the prolonged formation of a new government since then have highlighted a peculiar development. Not only does Germany now seem to be running Europe, but the rest of Europe seems to be falling in love with Germany – not least because, in a time of political confusion and economic instability, Germans are the only Europeans who seem to know what they want.”

In Europe 29th October 2013

Ireland may not need credit line to exit bailout

BRUSSELS | By Suzanne Lynch at The Irish Times via Presseurop | Ireland may choose to exit its bailout programme without the support of a precautionary credit line, the Minister for Finance said yesterday following a meeting with the International Monetary Fund in Washington.

In Europe 25th October 2013

‘Europe’s other debt crisis’

LONDON | By The Economist via Presseurop | It’s not just sovereign borrowing; there are too many zombie firms and overindebted households.

« 1 … 8 9 10 11 12 … 15 »