Hints and tips:
...“The letter was just a declaration of broad intentions with a long wishlist of aspirational things the government should do,” said Alberto Ramos, head of the Latin America economic research team at Goldman...
...decides on key interest rate on Thursday Notable, Quotable Central bank woes: The National Bank of Belgium, one of the European Central Bank’s shareholders has said that it expects to make €9bn of losses...
...BlackRock thinks other investors are anticipating too much tightening of the European Central Bank’s monetary policy....
...“You can easily see why CPI was a poor measure of inflation during the pandemic recession,” said Miguel Faria e Castro, an economist at the Federal Reserve Bank of St Louis....
...The reform programme, as Alberto Ramos of Goldman Sachs puts it, is now an “empty shell”. Progress has been “extraordinarily slow”, he adds....
...Antoine GodinUniversité Sorbonne Paris Nord, France Michael JacobsProfessor of Political Economy, University of Sheffield Ronan PalmerDirector Clean Economy, E3G Dirk EhntsPufendorf-Gesellschaft Berlin e.V...
...Alberto Alemanno, from HEC in Paris says “the first 100 days have shown the intrinsic weaknesses of a Commission that was born to stumble and without a clear parliamentary majority behind it”....
...Juul Labs, the e-cigarette maker, plans to cut about 500 jobs by the end of the year as it faces a possible ban on flavoured products....
...If you are sure that interest rates normalisation will happen gradually and without hurting risk asset, then prepare for a Wile E. Coyote moment....
...Cuts in interest rates by central banks are also helping support domestic consumption, particularly in Brazil....
...The extra revenue from these privatisations will come handy in times of intense fiscal pressures,” said Goldman Sachs economist Alberto Ramos....
...Cassa Depositi e Prestiti....
...Carlo e Camilla in Segheria Despite its popularity among the Milanese, Carlo e Camilla in Segheria retains the intimacy of an underground supper club....
...“The inflation figures suggest a deterioration of the inflation outlook and some generalisation of inflationary pressures into services and other core components,” Alberto Ramos at Goldman Sachs wrote in...
...Cassa Depositi e Prestiti, Poste Italiane and Generali, the insurer, are each expected to offer €200m, and UniCredit and Banca Intesa, Italy’s two largest banks, are expected to put in €155m each....
...QE 1, 2, 3, for ever… Ashleigh Grant and Alberto Gallo at RBS offer this as their chart of the year....
...Finally, from a medium-term perspective, with public sector debt at around 100%, Spain now has very limited fiscal space and any external shock could push debt towards less sustainable levels (i.e. above...
...“CDP is always used in Italy as a mechanism to cover government intervention,” said Alberto Bisin, economics professor at New York University....
...Let’s start with this from RBS’s Alberto Gallo (click to enlarge): That’s one way to measure credit creation in emerging markets over the past many years....
...Almost half the offerings went under or on low estimate; a single bid secured the giant Alberto Burri, “Sacco e Rosso” (c1959), fresh from the Trauma of Painting show at the Guggenheim in New York....
...Here’s a recent chart from Alberto Gallo at RBS: Yet, there is optimism about. Citi’s “grey sky” scenario is for a 40 per cent return from European stocks by the end of 2016....
...But both Funcas and Fotocasa.es report glimmers of light at the end of the tunnel: Fotocasa.es recorded a 1 per cent increase in home prices in Madrid in February, while Funcas says that the Spanish housing...
...Before February 2011, one of the ways the US banking system would reduce the opportunity cost associated with institutional reserve requirements — i.e. the portion of funds raised by issuing deposits they...
...EM central banks in a lose-lose policy situation. To shield against capital flight, currency depreciation and rising inflation, some EM central banks (e.g. Brazil, Russia) have opted to hike rates....
...The key point is that even though the pass rate for the test will be strong, there will be many banks close to the pain threshold – i.e. that will pass with a narrow margin, as we show below....
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