Stock markets around the world received a boost yesterday as there have been reports that a US government shutdown deal looks likely to go ahead. There were concerns that Democrats and Republicans could not reach a compromise, but…
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It is fair to say that it has been a very quiet start to the week for economic data from the eurozone. However, given how disappointing recent releases have been, perhaps that is just as well. Germany –…
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The Governor of the Bank of England delivered a speech at the Barbican in London yesterday, where he described Brexit as an ‘acid test’ of whether politicians are able to achieve a new form of international cooperation at…
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2019 began in the middle of what eventually became the longest US government shutdown in history. Running from midnight on 22 December 2018 until 25 January 2019, it was the second federal government shutdown during Donald Trump’s tenure.…
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It wasn’t a great start to the week for UK economic data, with figures showing that manufacturing production slumped by 2.1% year-on-year in December 2018. The markets had been expecting a more modest fall of 1.1%, with yesterday’s…
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Donald Trump started the week by offering some advice to Democrats, saying they need to ‘loosen up and have fun’, even as the government prepared for another shutdown within a week. Last week, it looked as if Democrats…
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There are those in the UK who still clamour for a second referendum, but yesterday the EU’s Deputy Chief Negotiator with the UK, Sabine Weyand, said that ‘the chances for a reversal of Brexit are non-existent’. It is…
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There was more bad news for the UK economy yesterday, as figures releases from the Office for National Statistics showed that GDP contracted by 0.4% in December 2018. Overall growth for 2018 was the weakest since 2012 and…
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