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The increase in EU gas reserves to 94% of capacity together with warmer weather and lower consumption indicates that Europe is in a good position to face the rise in consumption during winter. Factors to be considered are the European Commission's proposal on the gas price cap and possible gas supply cuts.
Remittances add up to a streak of 29 consecutive months of growth, which began in May 2020. Latinos constitute up to 34.3 million voters in the US, 14.0% of the voter registry in the elections on November 8, surpassing the self-identified population as only African American, Asian, and Native American.
Reserves accumulated so far (96 bcm) would cover the EU's natural gas needs for next winter assuming: the current flow of imports is maintained, normal weather and a conservative 5% reduction in consumption.
Presentation for the Conference on Non-traditional Data, Machine Learning and Natural Language Processing in Macroeconomics hosted by Sveriges Riksbank and jointly organized with the Federal Reserve Board, the Bank of Italy, and the Bank of Can…
A monetary policy that carries the reference interest rate to an excessively restrictive terrain in a context where long-term inflation expectations remain well anchored can have counterproductive effects.
The growing geopolitical uncertainties between the United States and China were, to some extent, a determining factor in the increased regulations by advanced countries to discriminate against the flow of funds from China. In this context, China began to turn towards the southern hemisphere when directing its investments.
China’s domestic uncertainties particularly the Covid-19 situation dominate external uncertainties as the main risks for growth. Two Sessions sets growth target at 5.5% and promulgated the stimulus package for 2022 to support growth which is unsynchronized with main central banks’ tightening measures.
We analyze the challenges and international comparison of China's "zero tolerance" strategy on COVID-19 and provide a predicted timetable and pre-requisites for Chinese-style "coexistence" strategy.
Of the three key elections for the future of the Eurozone in the coming years—the German general election and the presidential elections in Italy and France in the first half of 2022—the first ended last week with the appointment of Olaf Sc…
In the month of May, the economic growth of the first quarter of 2021 was known, surprising with levels close to the GDP of the end of 2019. However, the different negative events that occurred throughout the month require quick solutions to av…
The latest political discussions within and outside of the Congress have placed the tax reform in uncertainty. It is necessary to reach agreements and quickly approve the best version of the reform in order to avoid negative effects on the economic recovery process along with investment and consumption decisions.
This brief analyzes the impact of the 2020 CARES Act’s Paycheck Protection Program on short and long term regional labor markets and compares these results to the government consensus and the effects of concurrent Covid-19 recovery programs.
