Tag: exports

Why the Czechs Should Reject the Euro

On the surface, everything looks good for the Czechs to join the euro. But look a bit closer, and the picture changes dramatically.

Russia Terminates Black Sea Grain Deal

On multiple occasions, Russia threatened to quit the initiative because its demands to lift sanctions on Russia’s logistical and financial sectors, which hamstrung its own grain and fertilizer exports, had not been met.

Fiscal Forecast: Sweden in the Euro? Part II

A euro-zone membership would put Sweden on a fast track to a fiscal crisis like the one in the 1990s. That would be bad: the country cannot absorb the fallout from repeating its disastrous mistakes from back then.

Fiscal Forecast: Sweden in the Euro? Part I

If Sweden were to join the euro, its economy would be less unstable, but more stagnant. The situation for Swedish households and domestic-oriented businesses would go from bad to worse.

Ukraine Committed to Wheat Export Deal

Dubbed the “Black Sea Grain Initiative,” the agreements will provide safe ocean passage out of the three key Ukrainian ports in the Black Sea—Odessa, Chernomorsk and Yuzhny—and on to the rest of the world.