Refugee crisis and German auto industry are the two domestic risks in euro area
Dec 08, 2015 22:43 pm UTC| Commentary Economy
The refugee crisis, which may test further the limits of integration, particularly after the recent tragic events in Paris. A potential backlash against external immigration would have detrimental consequences for...
US economy remains on track toward full capacity, despite global headwinds
Dec 08, 2015 22:02 pm UTC| Commentary Economy
The US economy remains on track toward full capacity, despite global headwinds. In the first three quarters of this year, trade sliced 0.6% off of growth, mining investment another 0.6%, and inventories 0.2%. That leaves...
BoC governor Poloz shows off unconventional policy tools, but they are staying on the shelf for now
Dec 08, 2015 21:54 pm UTC| Commentary Central Banks
Bank of Canada governor Stephen Poloz spoke in Toronto today. His speech covered the tools at the Bank of Canadas disposal for providing unconventional monetary policy, as well as the outlook for the Canadian economy in...
US JOLTS data indicate that labor market slack was broadly unchanged in October
Dec 08, 2015 21:32 pm UTC| Commentary Economy
Total US job openings declined to 5.383mn in October, from an upwardly revised level of 5.534mn in September. Most of this decline was driven by professional and business services, where openings fell 137k on the month....
Global diversification protects against tumultuous times
Dec 08, 2015 17:46 pm UTC| Commentary Economy
This week proves 2015 remains a shaky time for global investors. Commodities are falling fast as oil dips to below 40 dollars a barrel, the lowest mark since 2009, and iron ore moves towards break-even levels. Chinas...
Revival in global car sales continued in October
Dec 08, 2015 17:09 pm UTC| Commentary Business
The revival in global car sales continued in October, with purchases jumping 6% above a year ago - the largest gain since December. The advance was led by ongoing double-digit year-over-year increases in North America and...
UK industrial production drop marginally offsets previous rises
Dec 08, 2015 16:15 pm UTC| Commentary
UK industrial production modestly rose in October after printing flat in September, driven mainly by volatile components. This came against the expectations of a decline, but was in line with consensus expectations. Mining...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight