Figures Reveal Ireland Is Now Back in Recession
The only way for Ireland to adjust would be through tough fiscal (财政的) tightening. An even bigger problem will come when most of Euroland is humming along with solid growth, but, say, Ireland and Portugal are sliding into recession after their booms have gone bust. The two nations would...
Many shoppers are reducing their spending as a result of the recession. Plus, for premium brands, selling used goods is a way to convert more price-sensitive shoppers. Once they’ve tried the item once, it becomes easier to convert them into full-price consumers. Cost savings and price co...
While the UK is now widely expected to avoid a recession, these are still hard times to be running a bank, as was made clear by theresults from Lloyds Banking Groupthis morning. Lenders are having to set aside more money to cover doubtful loans and are going to ...
In turn, foreign investors — like central banks or other governments — often reinvest money into the U.S. Treasury securities, which helps finance the budget deficit. And in turn, the budget deficit adds to the national debt. » MORE: Are we in a recession? (Photo by Justin ...
no more reliable predictor of UK farming’s profitability over the past decade than the relative strength of the euro against the pound.[FromCSMarticle on Ireland below:“Agri-food is… worth 9 billion euros ($11.2 billion), with 83 percent of the sector’s exports going to EU countries....
But there’s a window of opportunity for Canada to more strongly assert itself that could be missed if officials stay on the cautious path, he said. The U.S. economy is weakening — potentially veering into a recession — creating a vulnerability Canada could exploit by doubling ...
As the fiscal and monetary policy rules of Europe’s Ancient Regimes fall victim to Covid-19 a new Republic founded on the principles of Modern Monetary...
Even a few percentage points reduction in the UK tax take will have massive knock-on consequences for Northern Ireland. London and Great Britain are going to face big economic and social problems of their own. Even the Brexit optimists agree there will be a period of upheaval. Britain is alr...
But the whole game is expectations, and that is perhaps more tenuous now with the possibility of contagion from sovereign defaults in places like Portugal, Greece, Ireland, Spain, and Iceland. (In heavens name, when will policy officials recognize explicitly that these countries simply cannot pay...