Japan: Japan Sales Tax Rise Confirmed
The government took a small step forward in its plan to reduce Japan’s debt burden after it proceeded with a much-discussed sales tax increase earlier this month. The levy, which […]
Monthly Archives: October 2013
China: Economy in Recovery Mode
After a lacklustre first half performance, which saw growth average 7.6%, the Chinese economy started Q3 on a firmer footing and this strength has continued in August. An uptick in […]
Euro: Immediate Risks Subside
While the US dollar has been weighed down by the political drama in Washington (page 3), the euro strengthened as Europe avoided similar stresses in governance. The Italian coalition avoided […]
Germany: Signs of Recovery Mount as Merkel Wins Third Term
Aided by near record-low unemployment and her tough stance defending Germany’s interests during the Euro area crisis, Chancellor Angela Merkel secured a resounding victory in last month’s elections. However, her […]
Brazil: Economy Struggling to Maintain Q2 Upturn
Following an unexpected upturn in growth in the March-June period, the much longed-for revival in economic activity already appears to be sputtering in the third quarter. This is backed up […]
