Tag Archives: Eastern Europe

Brexit Britain will be hurt by its hostility to immigration

Two years after the Brexit vote, the UK population is as divided and as shocked as it was immediately after the results were announced, if not more so. The difference is that the negative economic consequences of the vote are in sharper focus.

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The European Union’s most corrupt countries

A study about corruption published in December puts forth an interesting, and troubling, conclusion: some countries in the European Union perceive themselves as less corrupt than they actually are.

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The European Union is still the best place for global talent

Continental Western Europe, and the European Union in particular, have often been criticised as stagnant bureaucracies that impede creativity and growth. The US and UK economies have been praised as the places to go for people who wanted to see their careers thrive.

It is true that the Anglo-Saxon model, with its focus on free markets, works best for entrepreneurial types – witness the absolute dominance of Silicon Valley in the world of tech, or the City of London in banking.

And yet, when it comes to developing, attracting and retaining talent, it looks like the EU — or at least Western Europe and countries associated with the EU — are still the best places.

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Spain’s Catalonia issue turns into a test for the EU

The scenes in Catalonia, where local authorities say more than 400 people were hurt by police, are reminiscent of violent scenes in Eastern Europe that have tested, time and again, the European Union.

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Market moving info — week starting July 10, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting July 10, 2017.

Last week:          

  • The US economy created more jobs than expected, with 222,000 new positions in June compared with expectations of 178,000. But wage growth was tepid, at just 2.5%.

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Market moving info — week starting July 3, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting July 3, 2017.

Last week:          

  • The savings ratio in the UK fell to a record low 1.7% in the first quarter, from 3.3% in the fourth quarter of 2016.

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Market moving info — week starting June 26, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting June 26, 2017.

Last week:          

  • Negotiations on Britain’s withdrawal from the European Union started in Brussels amid warnings by both Chancellor of the Exchequer Philip Hammond and Bank of England Governor Mark Carney that a “soft” Brexit is needed in order to prevent a deep fall in living standards.

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Market moving info — week starting June 19, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting June 19, 2017.

Last week:          

  • Eurozone ministers approved the release of a new tranche of aid for Greece that will help the country avoid a new payment crisis in July, when it has to pay €7.0 billion worth of debt.

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Market moving info — week starting June 12, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting June 12, 2017.

Last week:          

  • The UK Conservative party lost the majority it had in parliament following snap elections called by Prime Minister Theresa May in a desire to strengthen her majority ahead of Brexit negotiations. The pound fell on the result as investors weighed the consequences, while the FTSE 100, dominated by exporting companies, rose.

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Market moving info — week starting June 5, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting June 5, 2017.

Last week:          

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