Tag "recession"
A Franc Discussion: Switzerland’s currency troubles
The Swiss National Bank is faced with an overheating currency and slumping economy following the decision to abandon the currency exchange rate cap on the Euro. Uncertainty in the EU
Russia unveils anti-crisis plan to rescue its economy
In response to Standard and Poor’s downgrade of Russia’s credit rating to junk, the government has adopted a $35 billion anti-crisis plan. However, the document is ambiguous and the measures
Recession ahead for Brazil?
With fiscal adjustment in progress, Brazil’s new Finance Minister announces a trimester of negative growth. However, adverse conditions in the international economy and a severe energy crisis raise concerns over
‘Black Tuesday’ in Russia as rouble slide sparks currency crisis
Sharp rouble depreciation revives fears of 1998 crisis, forcing the Central Bank of Russia to take tough decisions with limited results so far. Investors should prepare for further restrictions and economic recession. On
Draghi risks becoming the Boy Who Cried Wolf over QE
Recent remarks by ECB President Mario Draghi have promised to tackle the near-recession level of activity plaguing the Eurozone. But while words have come often, there has been far less
Is Japan headed for another recession?
Japan has struggled in recent months, posting economic losses for the second straight quarter, eliciting fears that the country is headed for another recession. Prime Minister Shinzo Abe’s experiment may prove
More sanctions for Russia from U.S, Europe
As Russia’s direct incursion in Ukraine’s Southeast elevates the conflict to a new and more dangerous level, the clash in the Eastern Europe is nowhere near its conclusion. As a
Debunking US unemployment numbers
Do not mistake a rosy Bureau of Labor Statistics report for something that it is not. The unemployment rate did decrease in April, but only because 800,000 people exited the labour
Russia faces expanding regional debt crisis
Recent data released by Russia’s Court of Accounts indicates that the country’s regional governments are facing crisis situations with regional debts. In the past year, the level of total regional