The ECB raises its rates and announces the end of the cycle
The rate for the main refinancing operations is thus increased from 4.25% to 4.5%, and the deposit rate is raised to 4%, up from the...
Author: J-P. Pizzini
The Credit Collapse in China
As the country’s real estate companies stumble, weak disclosure standards and contradictory communications are angering global bondholders and discouraging long-term investment in China. Dalian Wanda...
A slump in the Eurozone economy
Growth barely increased in the second quarter, with GDP only rising by 0.1%, as opposed to the initial estimate of 0.3% at the end of...
A chaotic August for emerging markets
Developing economies are on track to experience their worst monthly losses since September last year, after the Central Bank of Nigeria revealed lower reserves than...
The dollar weighs on Asian economies
Chinese and Japanese authorities are intensifying their efforts to defend their currencies against the rising dollar, threatening to exacerbate inflationary pressures. On Wednesday, Japan issued...
Could inflation do what the polls couldn’t: bring down Erdogan?
With the rise in food and energy prices, the pace of annual price increase climbed to 58.9% last month, up from nearly 48% in July,...
The world’s largest energy transition project: the (JETP) is in danger
The Just Energy Transition Partnership (JETP) is the most ambitious project signed between wealthy and developing countries. When Indonesia agreed last year to clean up...
The August Employment Report Calls for a Fed Pause in September, But…
In the United States, hiring rebounded in August, and wage growth slowed, presenting a mixed picture of resilience and moderation in the labour market.Nonfarm payrolls...
Saudi crude oil exports are in freefall
Crude oil exports have sharply declined in August as the kingdom leads the efforts of the OPEC+ alliance to reduce production and support oil prices....