Pedro Sánchez, the prime minister in Spain, repeated the Western war machine line that Spain will support Ukraine's war effort against Russia for “as long as it takes.”
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WEF AGENDA REPORT FROM 2019 DETAILS HOW CITY MAYORS WOULD LEAD RADICAL DEGROWTH 2030 GOALS
A report by the World Economic Forum from 2019 is receiving new scrutiny, in light of accelerating dictates by big city mayors and governors to force “zero carbon” climate goals.
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AS FORECAST, “POPULISM IS THE FUTURE”: DUTCH GOVERNMENT COLLAPSES OVER MIGRATION
For well over a decade we had warned that the refugee crisis sweeping across Europe would be a fundamental issue in elections and would escalate the rise of populist political parties.
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ECB MUST CONTINUE TO RAISE INTEREST RATES
The European Central Bank (ECB) should continue to raise interest rates into the future, bank president Christine Lagarde said in a 27 June statement at a financial conference in Portugal.
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EUROZONE INFLATION FALLS
Inflation across the 20 countries sharing the euro currency fell to 5.5 percent in June from 6.1 percent in May, beating economists’ forecast of 5.6 percent in a Reuters poll.
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MARKETS SEE $1 TRILLION LESS IN M&As, IPOs THIS YEAR
Through June, this year’s initial public stock offerings (IPOs) and corporate buyouts and takeovers are worth $1 trillion less than the value of those deals made during the same period last year, Bloomberg reported.
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ASIAN JUNK-BOND DEFAULTS SET RECORD
In 2022, 18 Asian companies defaulted on their dollar-denominated junk-rated bonds, a record that tripled the number of defaults in 2021, according to S&P Global Ratings.
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TOP TREND 2023, OFFICE BUILDING BUST: OREGON’S LARGEST CITY LOSING POPULATION
Portland, Oregon’s flagship city known for being clean and safe and for its hip vibe, watched its population swell by 23 percent during this century’s first two decades.
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INVESTMENT BANKING FEES PLUNGE
With fewer mergers, acquisitions, and initial stock offerings taking place this year, investment banks have seen their revenue from managing such deals fall to $12.8 billion this year through May, down 35 percent compared to the first five months of 2022, the Financial Times said.
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PRIVATE EQUITY FIRMS OPT FOR SMALLER DEALS
Amid a cloudy economic future and rising interest rates, private equity deals are getting smaller.