Independent thinking for complex markets and current events
Hungarian PM Viktor Orban unleashes a blistering critique on Europe’s handling of the Ukraine crisis, decrying it as a display of unprecedented irresponsibility and chaos. Key Points: Hungarian PM Viktor Orban’s scathing criticism of Europe’s war approach Europe lacks a clear plan or cost estimate for military goals Orban accuses NATO of eagerness for direct …
This trend raises alarm about the broader risks from interlinked dependencies. LONDON, March 14 (Reuters) – Europe’s private credit funds are increasingly borrowing from banks to boost their performance, fuelling concerns about the wider risks posed by this interconnectedness. A record 80% of new European private credit funds borrowed from banks via ‘subscription lines’ in …
by Chris Black At least 275,000 illegal migrants crossed into Europe in 2023 (https://www.consilium.europa.eu/en/policies/eu-migration-policy/), the highest figure since 2016. In Sweden net migration is expected to be 120,000 for 2023 (https://www.scb.se/en/finding-statistics/statistics-by-subject-area/population/population-projections/population-projections/pong/tables-and-graphs/immigration-and-emigration-by-sex-and-country-of-birth-and-projection/). In a country of just 10 million people, only 7 million of whom are ethnic Swedes. Germany’s foreign population is projected to have grown …
Getting inflation to 2% has proven to be much harder than getting inflation from 9% to 4%. Supply chain issues and rising commodity prices have a lot to do with it. The Fed and ECB's job is still far from over. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter …
The looming threat of Evergrande’s tumultuous collapse raises significant apprehension among global investors amid China’s economic challenges. In a bid to avert imminent liquidation, the world’s most indebted property developer, China Evergrande Group, is urgently presenting a last-minute debt restructuring proposal before a crucial Hong Kong court hearing on Monday. The defaulted company faces mounting …
https://www.wsj.com/world/europe/germany-is-losing-its-mojo-finding-it-again-wont-be-easy-c4b46761 Germany Is Losing Its Mojo. Finding It Again Won’t Be Easy. BERLIN—Two decades ago, Germany revived its moribund economy and became a manufacturing powerhouse of an era of globalization. Times changed. Germany didn’t keep up. Now Europe’s biggest economy has to reinvent itself again. But its fractured political class is struggling to find answers …
JUST IN – Europe's "Digital Services Act" is now in force. Large online platforms risk "heavy fines" if they fail to police "hate speech" and "disinformation" more aggressively. pic.twitter.com/uFS5IoXP5A — Disclose.tv (@disclosetv) August 24, 2023 https://twitter.com/_/status/1694724575018553694 EU COMMISSION IS NOW A THREAT TO FREEDOM. HERE'S WHY: We've seen several regressive, anti-freedom initatives from the EU …