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Economics Gazette

Economy and Business news

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October 22, 2019

Archives for July 2017

German trade surplus

German trade surplus is dangerous for the world economy

Many economists and politicians consider the German trade surplus as dangerous for the world economy. During the G20 meeting in Hamburg, the scene was ready for a clash between protectionist America and free-tradings Germany. The US President Donald Trump already withdrew from a trade pact – the Transatlantic Partnership, and has asked to renegotiate another

Global trade constraints

Global trade constraints declined in H1 2017

There are signs for liberalization of global trade, as the global trade constraints declined in H1 2017. According to the World Trade Organization (WTO) since Donald Trump was elected President of the United States more steps in liberalization of the global trade have been taken rather than measures to curb it. The WTO Global Monitoring

Greece credit rating

S&P raised outlook for Greece credit rating

International agency S&P Global Ratings raised the outlook for Greece credit rating from stable to positive. The publication recalls that Athens is preparing to return to the capital markets after a 3-year pause. The agency reaffirms the sovereign debt rating, citing the country’s economic growth backed by fiscal reforms and a future debt cut that

Container spot rates

Container spot rates continue to decline

The container spot rates on key routes from Asia to Europe and the US continue to decline. The value of the Shanghai Containerized Freight Index (SCFI) for the ports of northern Europe declined by 2.1% at the end of last week to 919 USD per TEU, while to the ports of the Mediterranean Sea dropped

Juncker Plan investment

Juncker Plan trigger 225 billion EUR of investment

Two years after it was announced, the Juncker Plan is likely to trigger 225 billion EUR of investment in the 28 countries of the European Union (EU). The European Commission recalls that the initial plans were to inject 315 billion EUR to develop the community’s economy by 2019. Until now, the operations that are approved

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