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Dollar dominance: US economic strength pushes euro and sterling …
Jan 4, 2025 · A few days ago, the dollar reached a two-year high against the euro and an eight-month high against the sterling, following data on the US economy and the willingness of investors to invest huge amounts of money in this country. The pound, which was the leader last year, experienced a decline, just ...
Five key macro trends to watch in 2025 - financial-world.org
Nov 24, 2024 · Analysts believe that 3i's (Inflation, Inequalities and Immigration) were the principal culprit in political revolutions that over the last 15 months have either swept from power or meaningfully weakend almost all incumbent governments (e.g. US, UK, France, Germany, the Netherlands, Austria, Italy, Poland, Japan, and India).
Javier Milei’s first year: $3 billion surplus and tenfold lower ...
Dec 14, 2024 · The controversial Argentine president introduced free trade in the country, and Argentina has a budget surplus after more than a century. President Milei and the government hope that the new laws, which offer investors decades of tax and customs relief, will quickly attract capital and curb the recession.
Analysts predict friend-shoring will support US economy
Jan 7, 2025 · Earlier today, some preliminary Euro area inflation reports (France, Italy, Euro area-wide) were either 'in line' or slightly below the pre-release consensus projections, thus contrasting with the Spain and Germany reports yesterday, which had surprised to the upside.
Fed stays on track for December rate cut - financial-world.org
Dec 8, 2024 · Canada Employment. Employment in Canada increased by +51K in November and was propped up by sharp gains from the public sector. Despite this, the unemployment rate rose to 6.8% as the participation rate rose sharply, reversing the decline from September and October.
The worst banking scandals in history: protagonists and …
Oct 31, 2023 · Banks have always been at the center of the global economy, holding people's savings and playing an important role in providing loans and financing. However, throughout history, some banking institutions have been involved in financial scandals of catastrophic proportions. These events have shaken the industry, undermined public trust …
Scott Bessent’s appointment boosts US stock traders
Nov 26, 2024 · Stock traders were in an upbeat mood last day, and again, this seems to be an enthusiasm directed mainly at the US. What seems to be celebrated is US President-elect's selection of Scott Bessent to be US Sec'y of the Treasury.
Global economic slowdown impacts markets and investment
Jul 25, 2024 · Background of the crisis. The deficit widened instead of narrowing, and Brazil's debt-to-GDP ratio rose again. In particular, the carefully monitored and targeted primary deficit (as a share of GDP) moved away from the fiscal framework target of -0.25% for 2024.
Eurozone faces more and more economic challenges - Financial …
Aug 28, 2024 · The euro (EUR) and British pound (GBP) are facing tough challenges. Recent developments in both the Eurozone and the United Kingdom have exposed vulnerabilities in these currencies, primarily arising from political instability and economic fragility.