In 2023, India emerged as the most populous country globally and stands resilient against the prevailing global economic slowdown. Though its growth is projected to ease slightly over the coming decade, India is foreseen to maintain its pivotal role as a significant contributor to worldwide economic expansion. Insights for What’s Ahead India Growth Story: Short-Term…
While violations of the G7 price cap on Russian oil are becoming apparent, there is still room for Western countries to enhance regulations and decrease the cash flows directed towards Russia. The extensive and unprecedented sanctions imposed on Russia to limit its oil export income, including the European Union embargo and the G7 oil price…
Real estate, a diverse and intricate asset class, defies a single, definitive measure of pricing. The intricacies of the market and the multitude of factors influencing buyer behavior make it challenging to gauge property-market values accurately. Each market-level metric encompasses a wide array of buildings, each possessing unique qualitative attributes. Nevertheless, by examining various approaches,…
April witnessed a further nosedive in money supply growth, sinking even deeper into negative territory after experiencing its first negative turn in November 2022, marking a rare occurrence in the past twenty-eight years. The descent in April adds to the alarming downward trajectory, which follows the unprecedented highs witnessed over the past couple of years….
The euro area’s abysmal performance, sinking into recession during the first quarter, occurs against a backdrop of seemingly favorable conditions. Plummeting energy and commodity prices should have provided a much-needed boost to the euro area’s GDP, bolstering its external sector through reduced imports. However, amidst this surge of irrational exuberance, the Citi global economic surprise…
Julian Assange, known for his whistleblowing activities, is rapidly running out of legal avenues. There is a high likelihood that he could be extradited to the United States within the coming week, raising concerns about the future of investigative journalism. Last week, High Court Judge Jonathan Swift, who has previously worked with British government agencies…
In a groundbreaking development, UK Prime Minister Rishi Sunak and US President Joe Biden have forged the “Atlantic Declaration,” aiming to foster economic cooperation and bolster their respective nations’ growth. While not heralding a comprehensive free trade agreement, the declaration highlights the intent to establish a Critical Minerals Agreement between the two countries, which could…
The United States government orchestrated a covert operation involving multiple agencies such as the military, the CIA, the State Department, the Pentagon, and the White House, with the aim of undermining former Brazilian president Jair Bolsonaro and facilitating the rise of his far-left successor, Luiz Inácio Lula da Silva, in 2023. This revelation has caused…
Since the start of 2022, there has been a significant increase in mortgage rates. Consequently, there has been a sharp decline in home purchases, leading to a slowdown in the turnover of housing. The conditional prepayment rate (CPR), which indicates the percentage of the mortgage pool that pre-pays investors annually due to home sales, has…
Worker Adjustment and Retraining Notification (WARN) data is indicating massive layoffs The Worker Adjustment and Retraining Notification (WARN) Act of 1988 requires most companies with 100 or more employees to provide a 60-day advance notification of mass layoffs to employees. Data is collected from 23 states and aggregated into a national time series. This provides…