Ford’s Ghost, China’s Factory: The Capital War Moves to Europe
Ford’s Cologne plant has been welded into the Rhine’s industrial skyline since 1931, a monument to the American century, when the United States exported not...
Tag: EU
Europe Calls Time on Rate Cuts
Markets are quietly, but decisively, signalling that Europe’s great rate-cutting adventure is already drawing to a close. Across the continent, investors are converging on the...
The ECB’s 2% Illusion
Consumer prices rose 2.2% in November compared with a year earlier, up from 2.1% in October and slightly above the median forecast of economists surveyed...
ECB Holds Its Nerve as Inflation Nears Target and the Economy Refuses to Die
The European Central Bank left interest rates unchanged for a third consecutive meeting, with inflation conveniently hovering around 2 per cent and the eurozone economy...
Trump’s Ukraine Flip: Europe Gets the War, Moscow Gets the Leverage
As Ukraine and its allies tried to digest Donald Trump’s latest volte-face, this time a sudden burst of optimism about Kyiv’s chances against Russia, it...
Trump Builds Tariff Walls, Xi Sells Through the Windows
President Xi Jinping’s export machine has ploughed through five months of Trump’s eye-watering tariffs and somehow still delivered a record $1.2 trillion trade surplus. Restrict...
Putin Turns Up the Heat on Kyiv as Trump Sits on His Hands
Vladimir Putin has apparently decided that escalating the war is the surest way to force Ukraine to the negotiating table, on his terms, and that...
The Euro Finds Its Voice as the Dollar Trips Over the Fed
The euro has scaled its highest level in four years, brushing $1.1878 on Tuesday, as traders braced for the Federal Reserve’s long-awaited rate cuts. This...
France: The New Sick Man of Eurozone Debt?
French government bonds slipped further behind their Iberian cousins on Monday, after Fitch Ratings saw fit to remind markets that political chaos in Paris has...