Europe’s biggest companies have
suffered at least €100bn in direct
losses from their operations in
Russia since President Vladimir
Putin’s full-scale invasion of
Ukraine last year, according to an
FT analysis |
00:01 -
08/08/22 |
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We have just experienced the longest streak of outflows from
gold since November of last year when the metal reached a
bottom and rallied 26% in the ensuing months |
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U.S. 30-year fixed mortgage rates are now at their highest
level in 23 years |
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For month of July, economy added 972k part-time jobs
(orange), which was most since October 2020 … number of
full-time positions (blue) fell by 585k, which was worst
drop since April 2020 |
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Italy's growth is flatlining again, which illustrates the
limits to "Next Gen EU." Fiscal transfer programs can lift
growth temporarily in what is basically a "sugar rush," but
they cannot shift Italy onto a permanently higher growth
path. Only structural reforms can do that... |
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