Euro Crisis Begins Anew

Euro Crisis Begins Anew

German investor confidence hit its lowest ebb in almost eight years in August, a survey by the ZEW institute showed Tuesday, sapped by trade and currency wars and the threat of a no-deal Brexit. The Mannheim-based researchers’ monthly barometer measuring investors’ economic expectations for Europe’s powerhouse economy plunged 19.6 points, to -44.1. That was far […]

British Pound Hitting New lows

British Pound Hitting New lows

The Pound-to-Euro exchange rate has fallen 3.66% in May while the Pound has fallen 4.25% against the Dollar over the same period.  It appears that Brexit uncertainty played a hand in the contraction last month, with new orders plummeting in May as retailers sought to sell through inventories stockpiled in recent months in preparation for […]

Trade War Explained

Trade War Explained

Starting in the public eye as just a US ban on Huawei, the situation has spiraled into a trade war where trump has placed tariffs on goods from china and vise versa. Prices on everyday goods are expected to rise as a result, especially low end goods. A trade war is when countries participate in […]

Trade Wars are not New

Trade Wars are not New

The snowballing trade war between the United States and the European Union is the latest in a string of global disputes over imports. Here is are some key international trade wars throughout history: – 2002, US steel tariffs on EU imports – Republican President George W. Bush imposes tariffs from 8 to 30 percent on […]