In today’s video update Kris looks at the ongoing impact of the Trump presidency on the currency of US neighbour, Mexico…
North America Economy
The International Monetary Fund (IMF) officially added the Chinese yuan to its basket of currencies comprising its SDR. This has enormous long-term implications for the US dollar...
The markets see Trump as an enemy of Mexico. But as it turns out, in terms of Mexico’s exports, Mr Trump may turn out to be the best friend Mexico has right now.
It’s important we continue to monitor what’s happening in the US economy, because it does lead the world in and out of recession. Despite what some of the analysts are saying, there are still some positive signs coming from the world’s largest economy.Thanks to the oil sands and shale gas, the North American energy market is starting to look a lot more stable. Or it would, except the US isn't in any hurry.
Many people believe that the rest of the Argentine economy is just as corrupt and risky as its football business. I disagree...
For five years now Dr. Paul Krugman has argued that increasing U.S. government spending is vital to the US economy's recovery. And for five years he's been dead wrong.
There’s a substantial chance of a sudden upsurge in inflation in 2013, though the government statistics may reflect it only very grudgingly.
With their last-minute deal on the ‘fiscal cliff‘, US politicians have proven yet again that government promises to cut spending are about as reliable as our own annual vows to do more press-ups, eat less cake, and stick to 21 units of alcohol a week.
So the Fed is setting an official inflation target that gives it an awful lot of leeway for ignoring inflation as long as it can pretend that it’s ‘temporary’.