Can the North Sea become Europe’s new economic powerhouse? – The Economist
Picture a meccano set, but one made for gods. Blades as long as Big Ben is tall, rotors and tower sections the size of school...
Author : Nelli Avetisyan
Big Banks Predict Recession, Fed Pivot in 2023
Big banks are predicting that an economic downturn is fast approaching. More than two-thirds of the economists at 23 large financial institutions that do business...
Markets Pray for a Goldilocks Economy in 2023 – Bloomberg
Investors had a vexing time last year. Rampant inflation was met by central banks racing to hike official interest rates, trashing returns on almost every...
Half of the European Union and one-third of the world face recession in 2023, IMF warns – Euronews
For a third of the global economy, 2023 is going to be a tough year as the main engines of global growth – the United...
What got really expensive this year, and what got cheaper – CNN
It’s been a tough year for US consumers, who battled decades-high inflation for the majority of the year and even saw gas prices hit $5...
ECB rate rises expose fears for Italy as eurozone’s weakest link – The Financial Times
Italy is the eurozone country most susceptible to a debt crisis as the European Central Bank raises interest rates and buys fewer bonds in the...
Stay for Pay? Companies Offer Big Raises to Retain Workers – WSJ
Workers who stay put in their jobs are getting their heftiest pay raises in decades, a factor putting pressure on inflation. Wages for workers who...
Goodbye 2022 – and good riddance. Markets close out their worst year since 2008 – CNN
Wall Street has said goodbye — and good riddance — to 2022, a year most investors would rather forget. All three major averages were down...
The Fate of the Global Balance Sheet
Just as a corporate balance sheet can provide insights into a company’s financial health, a “global balance sheet” (GBS), tallying the assets and liabilities of...
PODCAST: Getting Out of Debt: First Steps You Can Take Yourself
Trying to manage and pay down past debt can be intimidating, but there are some simple steps you can take to get the process started....