Angela Merkel´s incompetence in her handling of Brexit is already seriously damaging the German economy with knock on effects for the rest of the EU.
Read here
Finance
VoxEU: Currency denomination of foreign exchange reserves – from taboo in the past towards disclosure and exciting research nowadays
There has been a growing trend towards more disclosure by central banks on the currency denomination of their foreign exchange reserves. Read HERE
Economics
The Cradle: Saudi Arabia blocking payments to Emirati banks
The two Gulf states have been embroiled in a rivalry for several years, particularly in Yemen and over the situation in Sudan Read Article HERE
Economics
DeStatis – Germany: Production in June 2023 -1.7% year on year
Production in industry June 2023 (in real terms, provisional): -1.5% on the previous month (seasonally and calendar adjusted) -1.7% on the same month a year earlier (calendar adjusted) Read HERE
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