Italy's Interior Minister and Deputy Prime Minister Matteo Salvini recently stepped up his rivalry with Europe’s leadership, blaming France’s history of colonialism in Africa and intervention in Libya for Europe’s migrant crisis. Photo: Reuters
Opinion
Opinion
Macroscope
Besides US-China trade troubles, Europe’s economic and political struggles should have us on edge, too
- David Brown says Germany’s slide towards recession and Italy again threatening a revolt could mean big trouble for China’s economy, even if the trade war is resolved
Italy's Interior Minister and Deputy Prime Minister Matteo Salvini recently stepped up his rivalry with Europe’s leadership, blaming France’s history of colonialism in Africa and intervention in Libya for Europe’s migrant crisis. Photo: Reuters
The room for monetary stimulus in Europe is limited. The European Central Bank’s policy rate remains negative, so it’s not possible to cut interest rates to stimulate the economy without damaging savers and depositors further. Photo: Reuters
Opinion
Opinion
Macroscope
European politics is in flux, but the news is not all bad for investors
- Tai Hui says the EU has a headache on its hands this year with Brexit, fiscal discipline and mass protests, on top of volatile parliamentary elections in May. Even so, there are quality companies that are less sensitive to market volatility
The room for monetary stimulus in Europe is limited. The European Central Bank’s policy rate remains negative, so it’s not possible to cut interest rates to stimulate the economy without damaging savers and depositors further. Photo: Reuters