Frozen wages, insecure jobs, struggling youth, rising inequality, shrinking unions ... join the dots

Nov 26, 2015 04:35 am UTC| Insights & Views Economy

If youve been following the news about the Australian economy, you could be forgiven for thinking the country is in dire straits. The latest ABS data paints a grim picture as wage growth in the private sector hits a decade...

While the parliament debates, GDP numbers and RBI review comes into view in India

Nov 26, 2015 02:24 am UTC| Commentary Economy

The winter parliamentary session kickstarts today. In view of the setback at the recent state elections and possibility of stiff resistance on passage of key bills, the government has reached out to the opposition to...

US Q3 GDP growth revised higher to 2.1% on stronger inventory accumulation

Nov 25, 2015 23:24 pm UTC| Commentary Economy

According to the second estimate of the US Bureau of Economic Analysis (BEA),1 Q3 real GDP growth was revised higher to 2.1%QoQ saar from 1.5% in the advance estimate, in line with consensus expectations. The upward...

Market to focus next on Portugal's new economic and fiscal programme

Nov 25, 2015 23:00 pm UTC| Commentary Economy

Portugals new government has not yet presented its economic programme and the 2016 draft budget, which is expected in the coming days. This will be a critical test, as markets will assess Portugals ability to deliver sound...

German domestic demand poised to continue supporting the recovery

Nov 25, 2015 21:40 pm UTC| Commentary Economy

The German statistical office confirmed Q3 GDP growth at 0.3% q/q, in line with expectations of a continuing moderate recovery and slightly down from 0.4% q/q in Q2 15. The slump was mainly due to a negative contribution...

Portugal: Awaiting the economic and fiscal plans

Nov 25, 2015 21:30 pm UTC| Commentary Economy

After seven weeks of political impasse following the 4 October general election, President Cavaco Silva nominated the leader of the socialist party Antonio Costa to form a government. He will do so with the support from...

Why cutting spending on public health is a false economy

Nov 25, 2015 13:41 pm UTC| Insights & Views Economy

Public health spending is under threat. This despite the fact that increasing investment in prevention is the foundation of a sustainable NHS. Cutting these budgets is alarmingly short-termist and indicates a fundamental...