Another interesting positive side effect of the upheaval in the basic order is a realisation that leaders can break through the constraints of bureaucracy. Flouting all conventional advice, Trump’s meeting…
Economic Sentiment Index
The European Commission has tempered expectations and pointed out that the index itself remains at an overall high level and other indicators, such as industrial capacity utilisation, remain well above their average level over….
Chart of the Week: Italian and Greek Non-Performing Loans vs Public Debt
The chart demonstrates that, although Italy and Greece share a similar narrative in terms of poor loan performance across business, personal and residential loans; they have experienced widely differing outcomes. This reflects….
August 2015
The decline in growth in China is contributing to depressing the prices of commodities and the knock-on effect for Africa, Latin America and even Australia is depressing their economies. The economic pain in Latin America …
August 2014
Global trade and a great deal of prosperity generated over the last decade or so has depended on the free movement of goods and people. In the last few months there has been an insidious and growing disruption to both. The shooting down of the Malaysian airliner over Ukraine has caused a hidden but very major disruption to airline routes. It had been assumed that airlines …