By Barbara Zigah According to the Chief Economist’s Weekly Brief, published monthly by the Royal Bank of Scotland Group, the United States is likely to experience the fastest recovery of all recuperating economies. This report, dated February 28, 2011, comes even after the recent downwardly revised 4th quarter GDP results.
Tag Archives: EUR
German Unemployment Rate Lower than Forecast
By Barbara Zigah Earlier today, unemployment data from Germany’s Federal Statistics Office was released; key among the findings was that the unemployment rate fell in February to 7.3% from 7.4% in January. A consensus of analysts had expected a rise in the rate to 8.6%.Many investors wonder if the success story that is the German [...]
Portugal’s Debt Problems Could Bring Focus Back to Eurozone
By Barbara Zigah While the worlds’ focus has recently been on the geopolitical developments in the Middle East and Northern Africa, the Eurozone’s own troubles have been merely pushed to the background. But, all too soon, developments in Portugal will likely propel the Eurozone back into investors’ consciousness.Last Friday, the Portuguese government’s benchmark interest rate [...]
