Comment: Money talks
Monetary growth has accelerated, prompting inflation warnings from Monetarists The pick-up reflects extraordinary policy interventions in response to the pandemic Demand for money balances has risen too, although the surge appears to be waning There are also many reasons… Become a member to read the rest of this article Username or E-mail Password Remember […]
BRAZIL: Bolsonaro Covid-19 positive, denies pandemic but could emerge stronger
President Jair Bolsonaro announced yesterday, 7 July, that he had tested positive for Covid-19 to a few select journalists in front of the presidential residence. Not only did he not respect social distancing when giving the interview, but he also used the opportunity to repeat h… Become a member to read the rest of […]
UK: Plan for jobs – Does strategic ambition match fiscal cost?
Chancellor Rishi Sunak has presented his plan for jobs, the second part of the government’s set of economic measures to fight the impact of the pandemic, in the Commons today. The first stage of GBP 160bn had been designed to help the UK economy through the virus-inflicted hibern… Become a member to read the […]
ECUADOR: 2021 election maneuvering moves up a gear
Putative candidates are stepping up their preparations for the 2021 presidential elections, but the outlook remains clouded by uncertainty. The campaign will take place against a backdrop of a deep recession, persistent fiscal imbalances, and debt stress. Electoral unce… Become a member to read the rest of this article
NIGERIA: Anti-corruption czar suspended amid ruling party power tussle
On 7 July, President Muhammadu Buhari ordered the suspension of Ibrahim Magu, the acting chairman of the Economic and Financial Crimes Commission (EFCC), amidst allegations of gross misconduct. Since accusations of corrupt practices already surrounded Magu when he was appointed i… Become a member to read the rest of this article
JAPAN: Abe government begins planning for the post-Covid-19 world
The Abe government has unveiled drafts for key documents that will guide its efforts to adapt to the “new normal.” The main ideas – digital transformation, innovation, and greater labor and social flexibility – are not new; the government is hoping the crisis will accelerate… Become a member to read the rest of this […]
EUROPE: CEE PULSE
The ruling Croatian Democratic Union (HDZ) has swiftly secured support from a majority of deputies in parliament and is expected to form a new government without any major coalition partners. Serbia is reintroducing stringent Covid-19 restrictions amid a rapidly deteriorating epi… Become a member to read the rest of this article