Most commentators viewed the february jobs report released on march 7 as good news, indicating that the labor market is on a favorable growth path. A more careful reading shows […]
Can US housing survive the Fed’s taper plans under helicopter Yellen? The latest infographic by Saxo Capital Markets illustrates the Federal Reserve’s likely push to go all-in on mortgages in 2014.
This is a guest post by Manmohan Singh, a senior economist at the IMF. Views expressed are his own and not those of the IMF. The idea of eliminating the […]
Italy’s prime minister Enrico Letta has submitted his resignation to president Giorgio Napolitano after failing to thwart a leadership challenge from his democratic party rival Matteo Renzi. Matteo Renzi will now […]
Non-performing loans in december exceeded 150 billion euros, the Bank of Italy reported monday in its statistical bulletin of monetary and financial indicators. Non-performing loans amounted to a total of […]