economicrecovery
Italy is preparing to negotiate with the European Union the terms of its fiscal adjustment path, under which it has been trying to bring down its large budget deficit. According to Italy’s statistics office, the country has emerged as one of the strongest performers among large European countries over the past four years. Italy's growth is expected to be around 1 per cent in 2024 – a much stronger number than that projected for the European Union as a whole. Business owners will meet election candidates ahead of the EU elections to discuss a document released by Italy’s leading industrial asso...
Euronews (English)
The payment, confirmed on Monday, ends a long wait for the country, whose national plan was approved in June 2022 but remained blocked over persistent concerns about a lack of judicial independence and democratic backsliding. The decline was credited to Law and Justice (PiS), the hard-right party that governed Poland for eight consecutive years and spearheaded far-reaching reforms that expanded political control over the judiciary and packed courts with loyalists. The most controversial reform empowered the disciplinary chamber of the Supreme Court to punish magistrates according to the conten...
Euronews (English)
Euronews Correspondent Liv Stroud sits down with German Vice Chancellor and Minister of Economy and Climate, Robert Habeck, to discuss increasing military spending across Europe in light of Russian President Vladimir Putin's threat to European democracy. "One has either not seen or didn't want to see what Putin is up to," Habeck told Euronews. "I can imagine [spending the money] better for education, for research, for further education, for climate protection, for sustainability criteria. But we have to do it. The time when one doesn't want to do it is over," the vice chancellor added. He also...
Euronews (English)
The announcement was made by President Ursula von der Leyen during a trip to Poland on Friday, where she spoke next to Prime Minister Donald Tusk. The breakthrough comes days after Polish officials travelled to Brussels to present an "action plan" of nine draft bills aimed at restoring judicial independence from the country's highest tribunal to the lower courts. "We are impressed by your efforts and those of the Polish people to restore the rule of law as the backbone of your society. A society where everyone plays by the rules. A society where people and businesses can trust the institutions...
Euronews (English)
The latest issue of ‘The Globe’, Eurizon’s publication describing the Company’s investment view. Q3 2021 hedge fund letters, conferences and more In 2022, the economic cycle is expected to continue. Global growth will lose some steam after accelerating sharply in 2021, and this should allow an easing of inflation pressures. Within a context of sustainable growth and declining inflation, the reduction of monetary stimulus by the Central Banks should be well tolerated by the markets. If Central Banks have to tackle more persistent inflation than expected, the situation could be different. Under ...
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The record-breaking inflation rate has led to a stalled recovery (or recovery reversal) for small businesses across North America, as Alignable’s November Road To Recovery reveals. Released today, this report is based on a poll of 3,430 small business owners from 10/30/21 to 11/9/21, as well as 655,000 historical responses from SMBs since March 2020. Q3 2021 hedge fund letters, conferences and more Record-Breaking Inflation Rate Impairs Recovery For SMBsMore than 20 months after COVID first struck, 73% of small businesses have yet to recover fully, an all-time high this year. In fact, that fig...
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STUDY: Proposed Labor Provisions In Budget Reconciliation Bill Would Cost U.S. Billions in Tax Revenue Loss And Force Thousands of Businesses to Close or Move Operations and Jobs Overseas Q3 2021 hedge fund letters, conferences and more Business leaders say report shows that revenue produced by increased Unfair Labor Practice (ULP) fines vastly offset by reduced economic activity it causes. Proposed Labor Provisions In The Budget Reconciliation Bill Could Result In A $33 Billion Revenue LossWashington, D.C. – A new study conducted by George Washington University Adjunct Professor of Economics ...
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The Alternative Investment Management Association premieres a new programme in partnership with ITN Productions – Holding Strong: Alternative Investments in a Volatile Market Q3 2021 hedge fund letters, conferences and more Holding Strong: Raising Awareness Of Alternative InvestmentsThe Alternative Investment Management Association (AIMA) and ITN Productions are collaborating to raise awareness of alternative investments and the latest sector innovations that are benefitting investors, markets and supporting the global economic recovery. In the face of unprecedented global disruption arising f...
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The National Association for Business Economics (NABE) released a survey that predicts the economic recovery in the U.S. to hit 5.6% in 2021, a whole percentage point lower than the previous estimate. The deceleration is driven by fears of a vaccine-resistant COVID-19 variant. Q2 2021 hedge fund letters, conferences and more Economic Recovery Slows DownAs reported by Fox Business David Altig, president-elect of the NABE and the director of research at the Federal Reserve Bank of Atlanta, said: “NABE Outlook survey panelists have moderated their expectations about the prospects for economic gro...
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U.S. wholesale inflation in August rose 8.3% from the same month last year, marking the highest annual increase since 2010. According to the Labor Department, the producer price index jumped 0.7% from July, following a 1% jump in June. Q2 2021 hedge fund letters, conferences and more U.S. Wholesale Inflation RecordAs reported by ABC News, the COVID-19 recession –the shortest in history– has yielded rousing inflation amid the economic recovery. Constraints in the supply chain and worker shortages have nothing but pushed prices higher. The U.S. wholesale inflation phenomenon has been dubbed by t...
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