Despite differences in inflation rates and macroeconomic trends, many central banks make their policy decisions based on what the Federal Reserve does.
Finally, the U.S. Treasury is doing something to curb the rise in debt costs. But is it too late already to prevent a fiscal crisis in America?
This was a bold move by one of Europe’s best-run monetary authorities.
As Chinese hands-off investment aligns with African economic nationalism and Near Eastern realignment,where does Europe stand?
Those who expect a U.S. recession will have to wait a little longer, but there are some details in the latest GDP numbers that suggest an economic downturn is indeed on its way.
With these measures, Germany’s establishment parties are trying to stop the rise of the increasingly popular rightwing opposition.
Finnish unions threaten to strike in February over government cuts to social benefits. They forget the massive, destructive government growth that took place 15 years ago.
The ECB chief just ruled out raising interest rates. This is a big mistake that can cost the euro zone dearly in the coming recession.
European interest rates rise and fall closely with American rates. This can be good for Europe, but it can also be bad, especially if America is hit by a fiscal crisis.
François-Xavier Bellamy’s position is difficult to defend since his party belongs to the EPP group whose positions are often at odds with his own.
After months of falling, U.S. interest rates are rising again. There is no apparent economic reason for this, which suggests that investors are worried about government solvency.
The EU’s new fiscal rules are supposed to solve the problem with member state budget deficits. But so far, neither the European Parliament nor the European Council has addressed the two biggest problems with their reform efforts.
The U.S. central bank is predicting an economic slowdown, but their numbers are only preliminary. Here is what data to look for in the coming weeks to see if they are correct.
The British economy has stopped growing. Despite Remainers’ claims, Brexit is not to blame.
With their economy in a recession, the Bundestag may be forced to subject the Germans to harsh austerity policies, whether they want it or not.
Nothing’s new in Macron’s world: lack of ideological consistency and mediocre political coups.
This week, the media made a big deal out of the December numbers on U.S. inflation. There was no reason for that.
The U.S. government now borrows 35 cents of every dollar it spends. Congress, meanwhile, is busy trying to keep the offices of the federal government open.
The EU hints that it wants to get involved in health care funding. If it does, it could disrupt national health care models and grow government at the expense of other ways to pay for medical services.
The U.S. government just revised its jobs numbers for 2023. Why did they do it? Is it all a big Biden conspiracy?
In a nefarious attempt to grab power, the EU keeps pushing for its own tax revenue—and to be allowed to spend a lot more money.
In the cacophony of EU criticism, it is easy to forget that Hungary is one of Europe’s most enduring economic success stories. The unfolding recession has not changed that.
Here is why the seven EU member states who still have their own currency should stay out of the euro zone.
Next year is shaping up to be tough, both for the euro zone and European countries outside of it. How bad will the recession be? Our forecast goes beyond conventional economic wisdom to find out.
The U.S. Congress must make a choice—and make it now. Do they want to play fiscal defense and let the debt grow? Or do they want to play fiscal offense and solve the problem for good?
What can the past 20 years tell us about Europe’s economic future?
The growth in debt will only stop when the U.S. government is struck by a real fiscal crisis. Nothing else will work.
We must refute the myth that Muslim-occupied medieval Spain was a bastion of peace and multiculturalism.
Violence and death threats against teachers refute the myth of schools as sanctuaries.
Past Swedish governments have had a penchant for driving up inflation with tax hikes; will Prime Minister Ulf Kristersson’s government make better policy decisions?