Biggest consumer spending surge in nearly two years overpowered the drop in private domestic investment and change in private inventories. By Wolf Richter for WOLF STREET. Our drunken sailors, as we’ve come to call them lovingly and facetiously, […]
BERLIN – Hundreds of German entrepreneurs and business representatives gathered in Berlin and other cities on Wednesday to call for a change of government after February’s national election. “A lot has to happen before […]
The euro area surprisingly stagnated in the fourth quarter of last year, data released on Thursday showed. Europe’s economic woes have shown no sign of abating. Quarterly GDP growth in the single currency area […]
There are two major fears for Western European elites when dealing with the new American administration. Surprisingly, the most serious challenge isn’t the potential decision by the Trump administration to pursue a military confrontation with […]
Weekly Daily Standup Top Stories U.S. Shale’s Capital Discipline Outweighs Trump’s Pro-Growth Rhetoric January 19, 2025 Clark Savage US shale producers are focused on capital discipline and shareholder returns, limiting the impact of Trump’s pro-oil policies. […]
It’s no secret that Germany’s economy is in crisis. What’s less obvious, and far more concerning, is why none of the major German parties are prepared to address what ails it. Just today, the […]
BERLIN – Germany’s usually hawkish central bank President, Joachim Nagel, is getting more serious about reforming the country’s constitutional deficit rule, pushing beyond technical changes. Germany’s strict rule for new borrowing, enshrined in the […]
ESG investments are collapsing as ‘sustainability’ agendas drew criticism for prioritizing politics over innovation and financial performance. “Sustainability” investments became popular a few years back. So-called experts said companies shouldn’t just focus on profit. They […]
Rising borrowing costs and debt levels could trigger a self-reinforcing fiscal crisis, according to Bridgewater Associates’ boss The UK faces significant fiscal risks due to its rising borrowing costs and increasing debt levels, the […]
Daily Standup Top Stories U.S. Sanctions Trigger Russian Oil Exodus January 22, 2025 Mariel Alumit New US sanctions have led to a significant reduction in Russian oil exports as traders halt offers. Indian refiners, including Bharat […]
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