On Monday, the 29th October, a bomb was thrown in German politics. Chancellor Angela Merkel announced that she is stepping down as chairman for her party, CDU.
Points of View & Perspectives
Teaser: The global trade routes are currently challenged due to increased import tariffs and movement within the free-trade zones, though it also opens new opportunities.
Teaser: The USD-PHP exchange has continuously gone up throughout 2018 partly due to a weaking peso. But even though the U.S dollar is fairly stable in a certain way compared to other major currencies, it is showing signs of weakness.
Teaser: The notorious high-growth large Asian economies will explore more headwind –India is especially in a worry.
Teaser: Lately, there have been many comments about the next global financial crisis to the 10-year “anniversary”, but a new crisis is building, though very slowly.
China’s government expects a GDP growth of 6.5 pct. this year and a number of economists even predict 6.6 pct., though it could suddenly turn out to be too optimistic.
By Don Greggy Licaros One great American author who continuously gives inspiration to the youth is Horatio Alger Jr.
Teaser: One Emerging Market country that causes general headwind is Turkey, and this will not stop in the near future. Almost every day, bad economic stories are churned-out from Turkey. It seems like an economic implosion is happening all of a sudden. The truth is that the country is at minimum, exploring a really serious currency crisis with deeply negative …
Teaser: For several years now, the Philippines has been one of the countries with the highest GDP growth in the world and the government is pushing for the story to continue, but right now there is a backlash.
Teaser: During the weekend, many of the world’s important central bankers met in Jackson Hole, where the opening speech was awaited with much excitement in the financial markets.