Category Eurozone, Euro

EU Sets Deadline Of July 1 Regarding Brexit — Otherwise, Says U.K. Must Hold New Elections The EU ‘Demands’

EU Sets Deadline Of July 1 Regarding Brexit — Otherwise, Says U.K. Must Hold New Elections – The EU ‘Demands’   https://fortunascorner.com          The title says it all, if you believe in the sovereignty of Britain. The European Union (EU) is telling Britain that it must hold new elections in July, if the country […]

Asian Stock Markets Tumble On Overnight News That China Exports To U.S, Fell 20 Percent In February – This Despite Beijing’s Largest Credit Injection Ever — Global Recession In The Offing?

Asian Stock Markets Tumble On Overnight News That China Exports To U.S, Fell 20 Percent In February – This Despite Beijing’s Largest Credit Injection Ever — Global Recession In The Offing?   https://fortunascorner.com      Asian markets tumbled overnight, as China reported that exports to the U.S. fell 20 percent last month/February. All major Chinese stock indexes […]

Britain’s Economy Set To Soar….Because Of Brexit; The EU Is Quietly Seizing Control Of Its Members’ Finances

Britain’s Economy Set To Soar….Because Of Brexit; The EU Is Quietly Seizing Control Of Its Members’ Finances   https://fortunascorner.com      Liam Halligan posted a February 28, 2019 article on the news site of London’s The Telegraph, writing something that I have been writing for many months — that the European Union (EU) is an albatross on […]

Germany’s Economy Is On The Ropes – And, Its Car Industry Even More So; Europe’s Problems Are Structural And Systemic; Economic Recession May Be Coming — No Easy Short-Term Remedies

Germany’s Economy Is On The Ropes – And, Its Car Industry Even More So; Europe’s Problems Are Structural And Systemic; Economic Recession May Be Coming — No Easy Short-Term Remedies   https://fortunascorner.com      The title above comes from Jeremy Warner’s February 24, 2019 article posted on the news website of London’s The Telegraph. For Mr; Warner’s […]

Putin Warns: Russia Will Target U.S. With New Weapons If It Deploys Missiles To Europe

Putin warns: Russia will target US with new weapons if it deploys missiles to Europe By Bradford Betz | Fox News Russian President Vladimir Putin delivers a state-of-the-nation address in Moscow, Russia. (AP) Russian President Vladimir Putin, speaking during his state-of-the-nation address Wednesday, warned that Russia will aim new hypersonic missiles at the U.S. should it deploy new […]

Political Turmoil And An Unravelling Budget: Why Spain Is Europe’s Next Powderkeg; And, A Message For The U.S.

Political Turmoil And An Unravelling Budget: Why Spain Is Europe’s Next Powderkeg; And, A Message To The U.S.   https://fortunascorner.com      The title above is from Anna Issac’s article in today’s (February 17, 2019) DailyTelegraph. I refer you to the Daily Telegraph and Ms. Issac’s article for the full details. But, the title sums it up […]

Germany Just Barely Avoids A Recession; U.S. Retail Sales Implode In December

Germany Just Barely Avoids A Recession; U.S. Retail Sales Implode In December   https://fortunascorner.com      Following up my article from a few days ago about the ‘grand unity experiment’ in Europe failing, comes news that Germany, the economic workhorse of the continent, just barely avoided its first recession in six years in the fourth […]

Incredible Shrinking Europe: The Continent’s Grand Unity Project Is Failing; And Its Global Influence Is Fading;”The Rotten Heart Of Europe”

Incredible Shrinking Europe: The Continent’s Grand Unity Project Is Failing; And Its Global Influence Is Fading;”The Rotten Heart Of Europe”   https://fortunascorner.com      The title above comes from an Op-Ed in today’s (Feb. 12, 2019) Wall Street Journal (WSJ) by Walter Russell Mead. According to his Wikipedia biography, Mr. Mead is the James Clarke Chace Professor […]

Global Economic Weakness; Lowered GDP Forecasts, No Meeting Between U.S./China Presidents Before March 1, Send Stocks Lower Across The Globe

Global Economic Weakness; Lowered GDP Forecasts, No Meeting Between U.S./China Presidents Before March 1, Send Stocks Lower Across The Globe   https://fortunascorner.com      Lowered economic outlooks across Europe overnight sent U.S. stocks markedly lower at the open this morning. Overnight, across the pond, the Eruozone (EU) lowered its economic forecast for 2019, and revising its Gross […]

Weak Economic Data Out Of China & Europe Overnight Sends Stock Futures Into The Red By +300 Points — To Start The New Year

Weak Economic Data Out Of China & Europe Overnight Sends Stock Futures Into The Red By +300 Points — To Start The New Year https://fortunascorner.com      Weak economic data out of China and Europe overnight prompted a selloff in equities in Asia and across the pond; and U.S. stock futures are sharply lower this […]