from MacroScope:

EU investment plan; game changer or empty vessel?

By Mike Peacock
November 26, 2014

European Central Bank President Draghi and Eurogroup President -Juncker talk during a news conference in Nicosia, Cyprus

New European Commission President Jean-Claude Juncker will unveil his investment plan for the bloc to the European Parliament today which aims to generate 315 billion euros of investment and lift growth onto a higher plane. The details were put out last night and there’s no new money in it. Instead, 21 billion euros of funding is expected to leverage private investment of a whopping 15 times that amount.

from MacroScope:

Draghi back in the dock

By Mike Peacock
November 17, 2014

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European Central Bank President Mario Draghi faces lengthy interrogation at the European Parliament today.

from MacroScope:

Germany just dodges recession

By Mike Peacock
November 14, 2014

Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange

After European Central Bank chief Mario Draghi managed to bring his colleagues into line to sign up to his 1 trillion euros or so target to push into the ailing euro zone economy, today sees a raft of third quarter GDP reports which are likely to show just why more help may be needed.

from MacroScope:

UK election – a race to the bottom?

By Mike Peacock
November 13, 2014

Britain's opposition Labour Party leader Miliband speaks at the CBI annual conference in London

The theme of both Britain’s main political parties behaving like they want to lose next May’s election continues.

from The Great Debate:

How congressional hawks plan to kill Obama’s Iran deal

By Trita Parsi
October 27, 2014

Iran's President Hassan Rouhani gives a news conference on the sidelines of the 69th United Nations General Assembly at United Nations Headquarters in New York

Negotiations with Iran over the future of its nuclear program have not even concluded yet some members of Congress are preparing to manufacture a political crisis over a deal. Their beef? President Barack Obama may initially bypass Congress and suspend sanctions imposed on Iran to make a deal possible and only later ask lawmakers to end them permanently when it is determined that Iran has complied fully with its obligations under the deal.

from MacroScope:

French budget to fire EU growth debate

By Mike Peacock
October 1, 2014

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France is unveiling its 2015 budget right now and it’s not making pretty reading, confirming that Paris will not get its budget deficit down to the EU limit of three percent of GDP until 2017, years after it should have done.

from MacroScope:

Euro falling but no impact on inflation yet

By Mike Peacock
September 30, 2014

Lithuanian 1 euro coins are pictured in the Lithuanian Mint in Vilnius

Euro zone inflation figures are due and after Germany’s rate held steady at 0.8 percent the figure for the currency bloc as a whole could marginally exceed forecasts and hold at 0.4 percent.

from The Great Debate:

Is there a new crack in the West’s sanctions regime against Russia?

By William E. Pomeranz
September 26, 2014

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President Barack Obama’s speech at the United Nations Wednesday offered to roll back the U.S. sanctions if Russia takes the “path of diplomacy and peace.” This overture comes on the heels of an emerging ceasefire between Russia and Ukraine and continuing discussions in Minsk to find a political solution to the turmoil in eastern Ukraine.

from MacroScope:

All to play for

By Mike Peacock
September 12, 2014

A "No" campaign poster is seen in a field after being vandalised by a "Yes" supporter on the outskirts of Edinburgh

The latest Scottish opinion poll puts the unionist camp ahead by 52 points to 48 – still way too close to call given the statistical margin for error.

from Global Investing:

Bleak investment outlook sours mood at Russia forum

September 10, 2014

By Alexander Winning

What are the chances that Western investors will rush back to Russia if a shaky ceasefire in Ukraine leads to a more lasting peace? Pretty slim, judging by a keynote speech at a recent Russia-focused investment conference in London.