The Federal Reserve lowered interest rates by 25 bps for the second time this year in a continued bid to prevent unemployment from surging and get the economy going again. But another rate cut at the next meeting on December 9-10 is not a forgone conclusion, Fed Chair Jerome Powell said, adding there were strongly…
Global growth seems to be holding relatively steady, but beneath the surface the Trump administration and China’s struggles are set to usher in a new, more mercantilist era for the global economy. Trade disruption, volatility in prices and a new policy mix will determine the winners and losers. The U.S. is set to outperform consensus…
It seems that Israel has no shame and continues going rogue, in particular vis-à-vis the Palestinians. Not only have they killed more than 70,000 Palestinians during the last couple of years as well as destroying the infrastructure and all major building in the Gaza Strip, now they are seriously talking about annexing the West Bank….
Trump is hosting one of his close friends and allies from South America in the White House and try to help president Milei to win the Argentinian mid-term legislative elections later this month. Trump says that the U.S. will not waste our time helping Argentina if Milei loses, which could be seen as a threat…
As has been evident the last week in the peace negotiations and settlement in the Middle East between Israel and Hamas, it is clear that the Europeans had no power, meant nothing substantial and did not contribute to anything except words and peculiar ideas. The same is the case in Ukraine where the Europeans seem…
