Germany faces incredible headwinds in a post-COVID world. Whichever party wins September's federal election will be responsible for helping to reinvent Europe's economic powerhouse. The economic powerhouse has an industrial export model that is at risk of becoming obsolete. On Tuesday, a new Forsa/RTL/n-tv opinion poll showed Germany's Green Party had taken a seven-point … [Read more...] about Germany’s Green Party Reveals Economic Plans Post-COVID
UK Bounces Back From Recession, Pound Jumps Ahead US Dollars
Sterling had a strong first quarter, supported by dwindling expectations of negative interest rates. And by a fast roll-out of vaccinations against COVID-19 across Britain. As shops, hairdressers, gyms, and pub gardens re-open across England, analysts expect a faster economic recovery in the UK. More than the European Union, which is struggling to contain a devastating … [Read more...] about UK Bounces Back From Recession, Pound Jumps Ahead US Dollars
China’s Stable Market Threatens Europe’s Economy
The protected Chinese home market has important consequences beyond revenues foregone. It is also an opportunity for Chinese firms to leverage the vast size of China’s market. To build scale, amass profit, and improve productivity, technical capabilities, and product design and quality. This is all with limited or no pressure from foreign competition. China's Threats … [Read more...] about China’s Stable Market Threatens Europe’s Economy
France Slow Recovery After Third Lockdown
France could return to pre-pandemic economic growth levels by the middle of 2022. According to Bank of France governor and European Central Bank policymaker Francois Villeroy de Galhau. France Economic Growth A Bank of France survey of 8,500 companies published on Tuesday. It showed French economic activity is expected to have declined only 7 percent in April. This … [Read more...] about France Slow Recovery After Third Lockdown
Europe’s Gig Economy Could Decline, and New Rules Means Higher Prices
In its stock market debut, British food delivery firm Deliveroo saw its share price tank around 30%. Questions now materialized over workers’ rights for its riders. In the days running up to the listing, the company revised its share price. Some investors opted to avoid the IPO over these concerns. Deliveroo is just one example of a wider “gig economy” that is coming … [Read more...] about Europe’s Gig Economy Could Decline, and New Rules Means Higher Prices