U.S. and China Resume Talks on Tariffs and TikTok
Economic officials meeting in Madrid are seeking to head off a November tariff deadline.
National/regional news and analysis
Even professional economists can’t escape political bias
Republican-leaning economists tend to predict stronger economic growth when a Republican is president than Democrats do – and because of this partisan optimism, their forecasts end up being less accurate.
Americans expect inflation to be far higher than it really is, polling shows
BearFotos/ShutterstockAmerican voters often rank inflation as the most important issue facing the US. But something odd has happened to inflationary expectations since Donald Trump became president in January. Americans believe inflation is much higher than it is, and are bracing themselves for further increases.
Is Milei’s electoral blow the beginning of the end for his radical economic vision?
In his first real electoral test since sweeping to power in October 2023, the party of Argentina’s right-wing populist president, Javier Milei, has suffered a landslide defeat. The result can be read as an emphatic reminder of the remarkable endurance in Argentina of Peronism – the movement named after former president Juan Perón.
Someone has been up to ARKK shenanigans again
Exchange traded fun
Tricolor collapse sparks concern about health of US subprime auto sector
Texas lender’s rapid failure leaves trail of losses and questions in a fast-growing Wall Street market
Turkey maintains maritime pressure as Athens and Ankara court Haftar
Just a few days before the meeting between Prime Minister Kyriakos Mitsotakis and Turkey’s president Recep Tayyip Erdogan in New York, Ankara is due to begin this Monday scientific surveys in the Aegean Sea.
Underspend and taxes push primary balance up to Aug 3.77 bln above target
The budget primary balance produced a surplus of 8.7 billion euros up to August, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
Did Britain Win the Trade War? Why It’s Tough to Declare a Victor.
Popular products from Britain and the European Union show how uneven and unpredictable U.S. tariffs have become, even when part of trade deals.
Growth treads water as PM targets relief for households
Ahead of the PM’s recent keynote speech and extensive press conference at the Thessaloniki International Fair, ELSTAT released the latest set of GDP data for Q2, where the Greek economy’s annual growth slightly moderated to 1.7 pct year-on-year (YoY), from a 2.1 pct YoY rise in Q1.
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