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  • Across Europe, Industrial Unions Have One Message: We Need a Pay Rise to Save the Economy

    From euractiv.com

    Inflation is at record levels. The energy crisis threatens to stall European industry. The spiralling cost of living is driving millions into poverty and stoking fears of social unrest. But cutting real wages is not the answer, argues Luc Triangle, General Secretary of industriAll European Trade Union. Instead, Europe’s workers need a significant pay rise as a first step to kick-start the economy. This crisis is unlike anything many Europeans have experienced in their lifetime. The COVID-19 pandemic, already a once-in-a-generation crisis, has been violently rear-ended by Russia’s invasion of Ukraine. The ... (full story)

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    ‘The Fed is breaking things’ – Here’s what has Wall Street on edge as risks rise around the world

    From cnbc.com|Oct 1, 2022

    As the Federal Reserve ramps up efforts to tame inflation, sending the dollar surging and bonds and stocks into a tailspin, concern is rising that the central bank’s campaign will ...

    What happened to the UK economy, pound and mortgages this week?

    From bbc.co.uk|Oct 1, 2022

    It's just over a week since the new Chancellor, Kwasi Kwarteng, presented his tax-cutting mini-budget. His aim was to kickstart economic growth. But it seems to have kickstarted a ...

    The Brazilian real and the Mexican peso have climbed against the US dollar as it steamrolls rival...

    From markets.businessinsider.com|Oct 1, 2022

    While the US dollar has broadly boomed this year - including gains of more than 20% against G10 currencies the yen and the pound – it has fallen against the emerging market ...

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    The Fed has the world in its hands — and its aggressive moves are creating global economic chaos...

    From africa.businessinsider.com|Oct 1, 2022|1 comment

    As the US dollar grows stronger, that comes at the expense other currencies around the world. And the dollar has been getting a whole lot stronger through the back half of 2022 as ...

    Yellen Renews Call for More Child-Care Support to Boost Economy

    From bnnbloomberg.ca|Oct 1, 2022

    Treasury Secretary Janet Yellen renewed her call for enhanced government subsidies for child care at a conference on women’s economic opportunity Saturday, a policy priority the ...

    Sterling Credit Has Worst Ever Month as UK Chaos Shakes Market

    From bnnbloomberg.ca|Oct 1, 2022

    A meltdown in UK assets during Liz Truss’s first month as prime minister has left the sterling corporate bond market notching up its worst monthly return ever. A Bloomberg index ...

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  • Posted: Oct 1, 2022 5:02pm
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     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 833
  • Related Stories

    What happened to the UK economy, pound and mortgages this week?
    From bbc.co.uk|Oct 1, 2022
    ‘The Fed is breaking things’ – Here’s what has Wall Street on edge as risks rise around the world
    From cnbc.com|Oct 1, 2022
    Yellen Renews Call for More Child-Care Support to Boost Economy
    From bnnbloomberg.ca|Oct 1, 2022
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