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Market Commentary: Cheap green electricity may not be so good for the climate as you may think
There are two important and stable global trends which will determine the structure of our economies. Decision makers have to take them into account: 1)
There are two important and stable global trends which will determine the structure of our economies. Decision makers have to take them into account: 1)
… even if Bruno Le Maire thinks so. For seven years he has been Economy and Finance Minister in Macron’s government and should know what
Overall, the political center has held its ground somewhat better than many had feared at the recent elections to the European parliament, in stark contrast
Euro area consumer price inflation rates fall less rapidly than I had expected in the autumn of 2023. ECB analysts are now predicting an average
Since the beginning of the year the price of gold has increased by about 15%, both in dollar and euro terms – over the past
Free trade is no longer, trade restrictions are the new normal. Yesterday, the US administration announced that tariffs on imports from China of EVs, batteries,
To slow or stop climate change requires much higher prices for the emission of greenhouse gases. Since this has regressive effects on citizens’ income, comparable
For years, the fight against the further heating-up of the planet has been one of the main political issues, going by the amount of government
Over the past 16 ¼ years, the price of the dollar has increased from a low of 0.633 in 2008 to today’s 0.917 euros, a
Since 1960, the share of people aged 67 and more has gone from about 9% of the German population to 20% now. As life expectancy
Christine Lagarde has more or less announced last Thursday that European policy rates will be cut at the June 6 meeting of the Governing Council.
Last January the EMU, the European Monetary Union, had turned twenty-five. Overall, the euro has been a successful project which has not only shown its
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