The conflict between the president, the government and the Constitutional Tribunal does not erase the strength of the Polish economy. But, if prolonged, it can make credit and investment more expensive, complicate the repair of the public finances and weaken confidence. The main risk is growth below the country’s potential
A divided Congress could curb new fiscal expansion; a Democratic victory in both chambers would strengthen oversight of the administration; a Republican confirmation would reopen room for Trump’s agenda. For markets, the key factors will be the implications for inflation, debt and earnings, together with the gap between the result and expectations
If the government were to forcibly increase workers’ disposable income by imposing higher wages on employers, tax support for families and tax relief for businesses, what would the benefits be for consumption, savings and people’s security?
Medical progress is expanding the possibilities of longevity, while low birth rates and ageing are putting welfare under pressure. The economic opportunity depends on the ability to create autonomy, affordable services and quality jobs
Separation of assets does not in itself settle who owns the money in a joint account. The distinction between the relationship with the bank and the relationship between spouses, the value of evidence and the organizational choices that reduce ambiguity
In its 28 October report, Ebury links the exchange rate to the credibility of the United Kingdom’s public accounts. In the background are the decisions of the Fed and the ECB, and the tensions in France weighing on the euro