Computerization will continue to hit low wage jobs the hardest.
In February, Eurocoin – a leading growth indicator from CEPR and Banca d’Italia posted a pretty decent rise to 0.23 from 0.16 in January. The 2 months average is now consistent with growth of 0.3-0.4 percent q/q.This is the strongest reading in the ind…
One question that is persistently present in the literature is about timing the start of the Euro area crisis.
I have posted previously on the decline in GDP per capita during the current crises across the euro area states, the US and UK. Here is another look:Let’s take GDP per capita at the peak before the crisis.For some countries this would be year 2007, for…
Earlier this week, Fitch Ratings published ‘Russian Banks Datawatch’, covering banks’ balance sheet data as of 1 February 2015. Fitch Ratings noted the following key developments in January:”Corporate loans increased by RUB2.2trn (6.5%) in nominal term…
My take on the US Non-Farm Payroll numbers in few tweets with some RTs:Good news:Why German cars?
Quick digest of top news relating to Russian economy:
With all the ‘feel good’ PMI readings of late, Baltic Dry Index has improved slightly (index gained 1.08% yesterday) from the historical lows of 509.00 on February 18 to 559.00 close yesterday.Still, year on year, the index is down from 1391.00 to 559….
Basic summary: volumes are up (coal), holding (uranium). But, tellingly, no discussion of oil and gas exports.
Here’s what you need to know about how the BRICS are doing