BERLIN—Germany’s Olaf Scholz is on course to succeed Angela Merkel as chancellor after the victors of the September election reached a policy agreement focused on overhauling the country’s economy, investing in infrastructure and combating climate change, the negotiators said Wednesday. Under the policy program—which Mr. Scholz’s center-left Social Democrats, the environmentalist Greens and the pro-business […]
Alternative data specialist QuantCube has today launched four new real-time economic indicators, which use intelligence gathered from European Space Agency (ESA) global satellite data to track environmental change. These new indicators include: The urban growth index – measuring development in cities and urban areas over time; The NO2 pollution index – tracking […]
Market Roundup •Canada Corporate Profits (QoQ) 2.8% ,-0.4% previous •US Redbook (MoM) 15.4%,-17.2% previous •US Nov Markit Composite PMI 56.5,57.6 previous •US Manufacturing PMI 59.1,59.0 forecast, 58.4 previous •US Nov Services PMI 57.0,59.0 forecast, 58.7 previous •US Nov Richmond Services Index 8,9 previous •US Nov Richmond Manufacturing Index 11,12 previous Looking Ahead Economic Data (GMT) […]
Donald Trump’s pollster thinks he will run for the White House again in 2024, with a clear path to victory through five states he lost to Joe Biden in 2020: Arizona, Georgia, Pennsylvania, Michigan and Wisconsin. But Michael Cohen, Trump’s former attorney and fixer who is fresh out of house arrest, thinks he will not. […]
Pascal Soriot, chief executive of AstraZeneca. Photograph: Brenda Goh/Reuters The chief executive of AstraZeneca has said it was possible that the current spike in coronavirus in Europe was linked to governments’ decision not to use the company’s Covid-19 vaccine in older people. After a German newspaper report that turned out to be false, there was […]
OWOSSO, Mich. (WXYZ) — As COVID-19 cases surge in Michigan, the governor’s office has been handling the pandemic much differently this year compared to last year. Last year, we saw regular COVID-19 press conferences and mandates. This year, the governor held the first press conference in weeks and it wasn’t about COVID-19. Gov. Gretchen Whitmer […]
WISE – State legislators, college board members and administrators gathered here Friday to discuss strategies and ideas supporting the University of Virginia’s College at Wise as an economic development engine for Southwest Virginia. Virginia Dels. Terry Kilgore, Will Morefield and Will Wampler; UVA President Jim Ryan; UVA Rector Whittington Clement; UVA Wise Chancellor Donna P. […]
LONDON, Nov 22 (Reuters) – Borrowing costs for U.S. dollars in currency derivatives markets rose on Monday to their highest levels in nearly a year, driven up by the year-end dollar funding rush and the euro’s steady slide against the greenback. Spreads on three-month euro-dollar cross-currency basis swaps were at the widest since since December […]
‘A cruel slap’: Reserve Bank weighs inflation risks as the economy struggles Mail and Guardian Read more…
By Tom Westland* According to the official readout, in their virtual summit this week, US President Joe Biden and Chinese President Xi Jinping discussed ‘managing competition responsibly’. For Biden, the talks were a chance to press Xi on China’s actions in Hong Kong and its assertive posture in the Taiwan Strait, as well as human […]
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