Tag: huffington-post

Hollande’s Popularity Sinks to 28%, a New Record Low
June 7, 2013 0

Hollande’s Popularity Sinks to 28%, a New Record Low

By News Desk

Hollande’s Popularity Sinks to 28%, a New Record Low Posted by Michael Shedlock at 12:11 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s).

IMF Halves Germany 2013 Growth Estimate; Still Too Optimistic
June 4, 2013 0

IMF Halves Germany 2013 Growth Estimate; Still Too Optimistic

By News Desk

IMF Halves Germany 2013 Growth Estimate; Still Too Optimistic With most of Europe in a nasty recession, and significant parts of it (Spain, Greece, Cyprus, Italy) in an outright economic depression, I wonder why it took so long for the IMF to Reduce Germany GDP Forecast . Germany’s 2013 growth prospects have been cut in half by the International Monetary Fund, as it warned that the outlook for Europe’s strongest economy could worsen if a eurozone recovery fails to materialise. The IMF said falling business investment and the eurozone’s ongoing recession, which have hampered German growth, meant the economy would grow by just 0.3pc this year, compared with an April estimate of 0.6pc

Spain Records Largest First Quarter Deficit in History; Tax Revenues Plunge 6.7% Year-Over-Year; Surprising Comments from German Finance Minister…
May 29, 2013 0

Spain Records Largest First Quarter Deficit in History; Tax Revenues Plunge 6.7% Year-Over-Year; Surprising Comments from German Finance Minister…

By News Desk

Please consider these Google-translated snips from the Libre Mercado report Wolfgang Schäuble supports Rajoy’s policies and Cites "impressive" Results of the Spanish reforms . Schäuble is convinced that "Spain has made enormous progress in recent years under the Government of Mariano Rajoy". So much so that now Spain "has a strong economy, reduced labor costs, has significantly increased its exports and has done a good job in restructuring its banking sector, also after the trial of the Troika"

Large Risk of Instability in Japan; Rates Climb Even With Japan Buying 70% of New Issuance
May 27, 2013 0

Large Risk of Instability in Japan; Rates Climb Even With Japan Buying 70% of New Issuance

By News Desk

The correct interpretation of course is "the risk of instability is huge". Please consider Haruhiko Kuroda says rates must stay low until economy improves . Haruhiko Kuroda, Japan’s central bank governor, said the country’s financial system could cope with rising interest rates only once the economy improved, as he laid out the stakes in his attempt to tame the volatile bond market.