Hints and tips:
Related Special Reports
...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...I’m gonna put a link to that in the show notes. If you’re a central bank monetary policy geek, you’re definitely going to like it....
...President Biden would allow the tax legislation to expire if re-elected....
...I think what Powell did was really stamp out the idea that they’re gonna raise interest rates soon. OK, they’re not going to cut them....
...You need to pick a spot where you’re sure the public will understand why you’re doing what you’re doing.”...
...“We’re sort of the least ugly horse in the glue factory.” Part of the problem has been Europe’s laggardly investment growth....
...The latest economic readings are a blow to US President Joe Biden, whose re-election campaign has stressed the steady decline of inflation, which hit a multi-decade high in 2022, alongside the continued...
...They’re between £2 and £4, and I think they are the best value in London. It’s very difficult to buy homemade, nutritious non-fast food any cheaper....
...wrote recently in Foreign Affairs....
...“Then all the messages you get are consistent with each other and you’re comfortable.”...
...Pistorius said the measures would re-establish the Bundeswehr “for a new, old challenge”....
...A new rise in US inflation is undermining Joe Biden’s re-election message, threatening the president’s effort to defend his economic record in a crucial phase of the campaign against Donald Trump....
...“These days, when you go shopping, they have your email address, and you’re getting surveyed even before you walk out of the store,” Anderson said. “So we’re competing with all of that.”...
...Referring to US companies, Yellen said: “We’re providing tax subsidies to some of these sectors and I wouldn’t want to rule out other possible ways in which we will protect them.”...
...“It was a record, or near record, warm winter, which might have boosted employment growth a bit, and now we’re returning to trend,” said Paul Ashworth, chief North America economist at Capital Economics....
...They’re practice runs.”...
...“We’re waiting to become more confident that inflation is moving sustainably to 2 per cent,” Powell said....
...“We’re doing the best of anybody,” Powell said. “We’ve got the strongest growth and the lowest inflation of the advanced economies.”...
...“We’re not overreacting, but we are reacting,” he said in response to a question following the speech. “We take [the recent news on inflation] very seriously.”...
...Any delay in Fed rate cuts may also hit the president’s re-election hopes. At present, investors expect the Fed to cut rates by September and possibly more than once by the end of the year....
...“You’re going to see a bit of recovery, but I think we’re going to see a significant structural demand destruction in the energy-intensive industries,” Krebber warned....
...Soaring global borrowing costs have led to sharp falls in housing prices from New Zealand to Sweden. Not so in the US, where prices have risen 30 per cent in nominal terms since Biden took office....
...Claire Jones So its forecast for Russian growth in 2024 has been upgraded in a massive way. It’s now expecting the Russian economy to grow by 2.6 per cent in 2024....
International Edition