While in the U. S. the real economy remains resilient and investors fear a slowdown due to a more restrictive monetary policy, the euro zone is suffering from its energy dependence on Russia. This could consolidate a "stagflation" for a longer time.

Stagflation and deglobalization are weighing on the global economy. The U.S. is likely to be least affected, the euro area most. China's economy depends on its covid policy, the financial risks in the real estate sector, and its positioning in the Uk ...

The ambition of the ECB in greening its monetary policy seems to be driven by an ever stronger will to seize more power.

The cause of the financialization of the economy lies in the low interest rate policy of the central banks. This is shown in a new study by the McKinsey Global Institute.

Inflation in China is still moderate. However, there are increasing signs that this could change soon.

Since the euro crisis, the Latin European countries have converted the European Monetary Union to their economic culture. The "liraisation" of the euro is likely to be irreversible. Euro countries that prefer a hard currency could realise this by cre ...