Portugal’s Socialists Highlight the Rot Within the European Left
The Socialist Party, which is devoid of leadership and a sense of public service, has gotten what it deserves.
The Socialist Party, which is devoid of leadership and a sense of public service, has gotten what it deserves.
There is a deep, structural flaw in the Swedish economy. It is so bad that the country is now slow-walking itself into an economic crisis.
In 18 months, the cost of the federal government’s debt has increased by 86%. Where will it be 18 months from now?
President Macron is setting the stage for bad budget battles to come. Meanwhile, the French economy is getting worse by the day.
The latest policy statement from the euro zone’s central bank is a harsh message to all governments that have budget problems.
After half a century of solid left-wing hegemony, Portugal might be days away from an extraordinary shift to the Right.
After a long, agonizing encounter with monetary inflation, Europe is back to more normal levels of price increases. Ironically, that bodes well for the EU economy for the coming recession.
The former U.S. President and the Hungarian Prime Minister are the two symbols on either side of the Atlantic of a reemerging anti-globalist, anti-woke, conservative alliance.
More and more finance experts express worry about the U.S. government’s debt. Only Congress can prevent a fiscal crisis, but time is running out—fast.
Jobless rates are rising, especially among young workers.
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.
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