An agreement has been reached on Greece
Eurozone governments have brokered a long-awaited debt relief deal for Greece, pushing back repayment deadlines on almost €100bn of bailout loans as the country prepares to exit its era of…
Philippe Waechter's blog
Oil Ministers Back Raising Output Despite Iran's Walk Out – Bloomberg
OPEC and its allies reached a preliminary agreement in the face of strong opposition from Iran to boost production by a theoretical 1 million barrels a day — the actual…
Turkish Lira Traders Brace for a Tumultuous Week After Elections – Bloomberg
Investors are bracing for a big move in the Turkish lira after this weekend’s election and they’re paying to protect themselves. As Turks prepare to go to the polls on…
Greece, the future remains bleak
After years of recession, the Greek economy is back to growth as the first graph shows. But the 2017 figure is very low while the rest of the Eurozone was…
Wishful thinking at the Bank of England
The BoE comment on its monetary policy suggests that a rate hike is a possibility at the August meeting as activity is expected to rise. BUT, the momentum is low…
China – US: the battle is just beginning
Donald Trump’s threats to world trade are a desperate attempt from the US to maintain the country’s world economic leadership. The most dramatic shift over the past 20 years has…
The balance of strength is now in favor of la Liga| Financial Times
League chief eclipses senior coalition partner with anti-immigration broadside Matteo Salvini heads the junior coalition partner in the populist government that took office in Italy on June 1. Yet the leader…
Trade war now has a higher momentum
Interesting remark from Bloomberg @economics. After Chinese retaliation measures, Trump has decided to extend tariffs to USD 200bn of Chinese imports in the US. What will be the Chinese reaction…