
German Industry Demands Radical Reforms from Merz
The four largest business associations in Germany have warned the Chancellor that the nation’s economic foundation is crumbling after years of zero growth.

The four largest business associations in Germany have warned the Chancellor that the nation’s economic foundation is crumbling after years of zero growth.

The center-right government just proposed a very good budget. Ten years too late.

The Federal Reserve faces market pressure to cut rates in September, while the ECB is expected to cut rates shortly before the Fed’s meeting.

So far, there are no signs of a U.S. recession. But how certain can we really be that no downturn is coming?

With a mix of consumers and government driving the current economy, the Biden administration may find itself going into the election in a recession.

What looks like a mild recession on the surface could turn into something much more serious.

Nine EU states are now in a recession. The ECB can help the continent ease the downturn, but they are up against bigger forces of economic stagnation.

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.

Jobless rates are rising, especially among young workers.