The Real Picture of Chinese Economic Growth January 26, 2023 If one observes the Western press, one will find that there has been a proliferation of reports, analyses, and assessments that China has reached…
Debt and Stagnation threaten Developing Economies January 19, 2023 The news brought by the World Bank’s Global Economic Prospects report was not good. First we have the forecast for global growth (https://www.worldbank.org/en/publication/global-economic-prospects). This…
Russian gold disappeared from some Western banks after the invasion of Ukraine December 22, 2022 Hidden away in high-security bank vaults in London, Zurich and New York, billions of dollars worth of Russian-origin gold has quietly changed hands in…
The Labour market is in the focus of the FED’s attention and leads it to increase interest rates December 18, 2022 The announcement of another increase in US interest rates was almost expected. That is why it caused neither surprise nor great disruption in the…
Recession is on the horizon in the Eurozone December 15, 2022 It is now more than certain that the European Union is headed for recession, with the question of how painful it will be. The…
The “relationship” between unemployment and inflation that traps the strategy of Central Banks December 10, 2022 This scheme argues that what causes inflation is basically an increase in demand, that is, when there is more demand in the market for…
Central Banks start buying more Gold December 8, 2022 According to data compiled by the World Gold Council, central banks worldwide added another 31 tonnes of gold to official reserves in October. Total…
Eurostat: At 2.3% growth in the eurozone in the third quarter December 7, 2022 Growth in the euro zone in the third quarter of 2022 is set at 2.3%, while in the European Union it is 2.5% according…
The biggest fraud in the field of VAT (2.2b euros) that has ever been detected in the EU November 30, 2022 The European Public Prosecutor’s Office (EPPO) and Europol managed to dismantle an international tax fraud network in 26 of the 27 EU countries, in…