German factory orders (GRIORTMM) climbed less than forecast in a sign the euro area’s largest economy may struggle to grow in the second half of the year.
November 07, 2014
November 06, 2014
Poland Holds Main Rate in Surprise as Outlook Improves
Poland’s central bank left its main interest rate unchanged today, surprising analysts and suggesting its economic outlook has improved after last month’s bigger-than-expected reduction.
November 05, 2014
Euro crisis firms German power, 25 years after Berlin Wall
PARIS: "We beat the Germans twice and now they're back," then British prime minister Margaret Thatcher reportedly said after the Berlin Wall fell in 1989, expressing her fears a reunited Germany would grow to dominate Europe.
November 04, 2014
Hypocrisy: EU seeks aid from WTO for Russian sanctions that hurt their economy
The most important thing to remember about economic sanctions is that they are used by a nation against another to achieve political, not financial goals.
November 03, 2014
Russia’s Surprise Rate Increase Fails to Stem Ruble Drop
The ruble tumbled the most since 2011 after a larger-than-forecast increase of Russia’s key interest rate failed to ease concern that the economy will remain hobbled by sanctions and capital flight.
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