Estonian home prices rose more than 20% year-to-year for the third quarter in a row.
The Swedish ambassador explained to the Turkish government that “there is freedom of speech in Sweden,” but the satirical segment by the Kurdish comedian has had diplomatic repercussions.
The cold, hard truth embedded in all these numbers is this: going forward, the U.S. Treasury will have to continue to raise interest rates just to keep investors from selling American government debt.
The highest current unemployment rates in the EU are found in Spain (12.4%) and Greece (12.2%); among the lowest are Hungary (3.5%) and the Netherlands (3.8%).
Volatility in prices and yields on the government-debt markets are the second highest recorded since 2009.
There was no ‘crash’ of the pound. The big rate increase by the Federal Reserve simply created an irresistible opportunity for investors to make some good money, and do it safely.
It is time to break the unproductive loop between impatience, single-issue rejection of remarkable candidates, and the political status quo. The NatCon Statement of Principles is a first, major step in that direction.
The new sanctions package is expected to pave the way for the EU to declare a price cap on the oil it imports from Russia.
A conservative system of benefits protects citizens from destitution, but to succeed, the definition of poverty needs to be overhauled. The Heritage Foundation is moving in this direction, and their ideas could positively impact European welfare policy.
The European Central Bank president Christine Lagarde expects the bank “to raise interest rates further over the next several meetings” across the euro zone.
The winning center-right coalition and the opposition Left have an admirable plan: to build consensus around the parliamentary leadership.
The Federal Reserve announced its intention to continue to reduce its holdings of U.S. sovereign debt and has no plans to return to buying Treasury securities.
