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X @The Economist
The Economist· 2025-07-08 07:00
For most of its first year, the government has stuck to a sensible diagnosis of Britain’s growth woes: that the main issues are on the supply side. But as growth has continued to falter, willingness to do more seems to be waning https://t.co/O8cqoT5nC4 ...
X @Bloomberg
Bloomberg· 2025-07-08 05:10
Monetary Policy - Vietnam's central bank is prepared to implement measures to control inflation and foster economic growth [1] Economic Impact - The central bank cautions about the potential effects of increased US tariffs on Vietnam's economy and its currency [1]
Euro Appreciation Has Disinflationary Effect, ECB's Villeroy Says
Bloomberg Television· 2025-07-06 06:00
Your biggest concern at the moment seems to be the appreciation of the euro against the dollar. We were in Sintra earlier this week where the vice president, Mr. . de Guindos, was talking about 120 as the limit.What is your take on this. So I won't comment on my colleagues commands. It's a general rule, but we look closely at the volatility of the exchange rate.It has been significant since the start of the year with a 13% appreciation of the euro against the dollar. By the way, it's not a specific apprecia ...
X @The Economist
The Economist· 2025-07-06 05:20
Tax Reform - The government's approach to tax reform has been least impressive [1] - Britain's tax system is full of provisions that distort the economy and block growth [1]
X @The Economist
The Economist· 2025-07-05 14:40
Local officials wrestle with competing incentives because higher economic growth improves their chances of promotion https://t.co/SAMiPorsis ...
X @The Economist
The Economist· 2025-07-05 08:00
Britain’s prime minister wants people to look beyond the drama and judge him by what he’s achieved. We have.Our analysis of Labour’s performance covers many areas of governance, including economic growth, national security and crime https://t.co/0khhRgKhYK ...
X @Bloomberg
Bloomberg· 2025-07-05 06:34
Vietnam’s growth accelerated in the second quarter as foreign buyers raced to avoid threatened tariffs of as much as 46% on sales to the US. https://t.co/YkyWdQMicp ...
Greece: From Economic Outcast to Euro-Area Outperformer
Bloomberg Television· 2025-07-05 06:00
Greek Economic Crisis & Initial Situation (A Decade Ago) - A decade ago, Greece faced a precarious situation marked by a referendum on a bailout package, organized by the Syriza government [1] - Capital controls were introduced, limiting ATM withdrawals to €60 per day [2] - The country was effectively excluded from financial markets for five years, missed IMF payment deadlines, and experienced halted economic activity with high unemployment and daily violent demonstrations [3] - There was uncertainty about Greece's future within the Eurozone [3] Current Economic Turnaround - Greece has experienced a spectacular turnaround, regaining investment grade status for the first time in two years [4] - The country's borrowing costs are now lower than Italy's, despite high debt levels [5] - Economic growth is above the average for Greece's European partners [5] - There has been a marked increase in investment, with companies like Microsoft, Pfizer, and UniCredit investing in Greece [6] - Some Greeks who left the country a decade ago have started to return, encouraged by government tax incentives [6] Challenges & Priorities - The Prime Minister's priority is ensuring everyone benefits from the economic improvement [8] - Greece is one of the few EU countries achieving primary budget surpluses [8] - Increased energy costs following the Russian invasion of Ukraine have significantly impacted the cost of living [9] - Many people still need to hold two jobs to make ends meet [9] - While there's a general feeling that things are better, there's still a way to go [9]
X @Bloomberg
Bloomberg· 2025-07-04 07:32
Economic Outlook - Deutsche Bank predicts the Spanish economy will continue to grow faster than the Eurozone average [1] - The growth is attributed to the easing of inflation and borrowing costs [1]
Secretary Bessent Expects to Accomplish 3-3-3 Plan
Bloomberg Television· 2025-07-03 18:05
So far, though, it looks like we're going to boost deficits up to 7%. And you ran on this three, three, three plan. 3% deficit, 3% economic growth and 3 million barrels of oil, an increase of 3 million barrels of oil a day in the U.S..Do you expect to get to that by the end of President Trump's term. I do, and I'm not sure where the 7% number is coming from. Right.Because I reject the CBO scoring. But on the other side, the CBO also scored terrible income at 2.8% trillion. So, you know that that's substanti ...