by Christopher Nye | Jan 16, 2019
There was some early optimism on the stock markets yesterday, as Chinese policymakers said they would take action to stimulate growth and prevent an economic slump. China’s finance ministry has pledged to slash taxes in a bid to help companies. The news was initially...
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by Christopher Nye | Jan 16, 2019
Last night, the British prime minister suffered the worst Parliamentary defeat of the democratic era. In December, May had postponed the vote as she faced a humiliating defeat, but since then there has been virtually no improvements to the original proposals and, as...
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by Christopher Nye | Jan 16, 2019
Figures released yesterday showed that the German economy grew at its slowest rate in five years in 2018. The eurozone’s largest economy expanded by just 1.5% throughout last year, down from growth of 2.2% in 2016 and 2017. The Federal Statistics Office said that...
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by Christopher Nye | Jan 16, 2019
Oh dear. Last night, Theresa May suffered the heaviest Parliamentary defeat of any British Prime Minister in the democratic era. MPs rejected her Brexit deal by a majority of 230 which was arguably worse than even she might have expected. Jeremy Corbyn said he will...
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by Christopher Nye | Jan 15, 2019
More worrying signs from the eurozone yesterday, with the eurozone’s industrial production figures showing a decrease of 3.3% in November 2018 compared to the same month a year before. The markets had been expecting a more modest decline of 2.3% so the figures are...
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