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Will Debt Sink the American Empire?
The Wall Street Journal· 24 hours agoAfter growing for decades, this year the U.S. debt will roughly match its GDP. Throughout history, nations that blithely piled up their obligations have...
French CAC Index plunges: What’s driving the decline?
The Forex Market· 1 day agoThere has been a significant discrepancy between the US and EU stock markets, especially the French...
Commission warns France, Italy and six other countries over budget deficit
Euronews via Yahoo News· 3 days agoIn 2020, Romania was...2022, but is expected to have the biggest deficit in the EU next year, at 7%...
Far from credit crunched, US household wealth is soaring
Reuters· 1 day agoFederal Reserve figures show that U.S. households' net worth leaped by $5 trillion in the first quarter to a record $161 trillion, mostly on the back of rising equity prices, while household ...
EU bond fragmentation severe enough to grab ECB attention but not enough to trigger response
The Forex Market· 5 days ago- Little fresh news during EU session amid a shortened trading week due to Juneteenth holiday on...
EU To Warn France, Italy And More Over Unruly Budgets
International Business Times· 3 days agoThe European Union is expected on Wednesday to rebuke nearly 10 governments, including France and...
Europe Has a New Economic Engine: American Tourists
The Wall Street Journal· 2 days agoAn unprecedented tourism boom in southern Europe is turbocharging growth in places that had become bywords for economic stagnation. But some economists...
The EU should be praying for a Le Pen victory in France
The Telegraph via Yahoo News· 3 days agoThis is well in excess of even the UK, where the fiscal position is similarly...was announced,...
The SNB, the Norges Bank and the BoE will decide on monetary policy
The Forex Market· 2 days agoIn calm session, (10-y) intra-EMU spreads (vs Germany) still widened a few bps for peripheral...
European Commission may punish EU countries for excessive new debt
dpa international via Yahoo Finance· 3 days agoThe European Commission could threaten France, Italy and Belgium, among other EU member states, on...