British Reporter — London Business School’s Professor Richard Portes recently appeared on Times Radio to discuss the news that S&P Global has placed Russia under a “selective default” rating after the Russian government said that it had repaid about $650m in dollar-denominated
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British Reporter — Russian citizens are already feeling the punishing effects of economic sanctions imposed by Western powers over the invasion of Ukraine, and the financial situation for most people is likely to deteriorate.
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In modern times, more and more people decide to become investors. This is due to the desire to see one’s savings grow over time, in order to guarantee a more solid future for themselves or their family. When investing, it is crucial
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UC Berkeley economists have launched a powerful new web tool that allows users to track, almost in real time, how economic growth and public policy affect the distribution of income and wealth among classes in the United States. The website, Realtime Inequality,
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As housing prices surge to new records with no end in sight, few economists believe that the current run-up is a bubble that’s about to burst.
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The FINANCIAL — National Statistics Office of Georgia published data of rapid estimates of economic growth. Estimated real Gross Domestic Product (GDP) declined by 5.3 percent in August 2020 YoY. Asian Development Bank’s new report says that Georgia is forecast to return to the
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The FINANCIAL — German manufacturers ramped up production for the third straight month, though the pace of growth slowed in July. Industrial output rose 1.2 percent, less than forecast by economists. The increase was led by carmakers while machinery retreated. Investment-goods production still
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