The German economy is being dragged down by the recessions in some of its southerly eurozone neighbours.
Category: The E.U
BEN BERNANKE While Ben Bernanke, the Chief of the Federal Reserve makes statements about the unemployment rate remaining high in the U.S. for the foreseeable future, GM announces the opening of new factories in Mexico. The Mexican workers will receive $26.00 a DAY – this is the HOURLY RATE in the U.S. Bloomberg — Mexico’s [...]
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HUNGARY AND THE STOCK MARKETS When a patient gets sick, his whole body knows it. He may have a severe abscess only in his hand, but his body temperature will rise, his heart will beat fast, his breathing will be shallow and there will be sweat on his pale face. The world economy behaves in [...]