by EFSD | Nov 3, 2020 | Uncategorized
The U.S. deficit is burgeoning and it’s set to grow much bigger with a planned second stimulus package to beat the pandemic fallout.The additional costs of funding the package will have to come from issuing more U.S. Treasurys — but that raises the question of who...
by EFSD | Sep 14, 2020 | Uncategorized
Attention focused on the pound as the UK parliament prepared to debate a draft bill which the government admits breaches the terms of its EU divorce treat. The currency firmed 0.4% versus the dollar after suffering its worst week since March.The gain was partly down...
by EFSD | Nov 10, 2018 | Uncategorized
Monasser al-Quaiti had to wait 50 years before becoming governor of the Yemeni Central Bank. Quaiti enjoys a rich expertise, not only because he descends from the Qu’aiti Sultanate in Hadhramaut, or because he has survived two assassination attempts in one year, but...
by EFSD | Jul 21, 2018 | Uncategorized
U.S. Commerce Secretary Wilbur Ross says the Trump administration has seen positive developments in trade talks with Mexico. “The new president of Mexico has changed his rhetoric quite considerably,” Ross says. U.S. Commerce Secretary Wilbur Ross said...
by EFSD | Jun 21, 2018 | Uncategorized
The number of Americans seeking Social Security disability benefits is plunging, a startling reversal of a decades-old trend that threatened the program’s solvency. It is the latest evidence of a stronger economy pulling people back into the job market or...
by EFSD | Mar 13, 2018 | Uncategorized
The European Union (EU) will take a unified response to any U.S. tariffs on its steel and aluminium exports, France’s economy and finance minister told CNBC. The U.K., EU and Japan are hoping to negotiate an exemption from the tariffs. Mexico and Canada are...