News analysis Market sentiment changes by the day and hour. But as I write, financial markets are starting to look just a bit better. The reason is embarrassing for believers in sound money. The prevailing sense—and this could change tomorrow—is that the Federal Reserve is getting cold feet in its stated mission to crush inflation…
The Only Real Solution Is Economic Growth
June 27, 2022
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BidenomicsBusiness & MarketsBusiness Columnistseconomic growtheconomic recoveryFederal ReserveinflationrecessionU.S. economy
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Eurozone Recovery Regained Pace in Februari Despite Soaring Prices: PMI
LONDON—The eurozone economic recovery regained momentum this month as an easing of COVID-19 restrictions gave a boost to the bloc’s dominant service industry, a survey showed, but consumers faced prices rising at a record rate. As the Omicron COVID-19 variant swept across Europe some governments reimposed measures to contain its spread. IHS Markit’s Flash Composite…
G20 Summit Kicks Off With Ukraine Warning: Crisis Threatens Economic Recovery, World Peace
February 18, 2022
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Business & Economyeconomic recoveryeconomyEuropeG20inflationInternationalPoliticsUkraine crisisUSUS NewsWorld
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Finance ministers and central bank governors of the G20 group of nations kicked off a two-day meeting on Feb. 17 with a stark warning that the Russia–Ukraine tensions pose a threat to the post-pandemic economic recovery and to world peace. The Group of 20 meeting is being held in Jakarta, the capital of Indonesia, with…
Omicron Variant Threatening Economic Recovery Amid New Travel Restrictions
The hope that 2022 would be a year of recovery for the United States and the global economy seems to be sinking as the new Omicron variant of the coronavirus may restrain economic activity worldwide. As soon as news about Omicron was announced, markets were hit hard from all directions. Major stock market indexes tumbled,…
Trudeau Announces New Federal Standard for Vaccine Passports, Pfizer Vaccine Deal for Children
Canada is introducing a standardized national vaccine passport for domestic and international travel, Prime Minister Justin Trudeau announced on Oct. 21. The proof-of-vaccination certificate, which Canadians will need to travel both within the country and internationally, is based on an international standard for Smart health cards and uses the provincial vaccine certificate already in place…
Delayed Recovery Greatest Risk to Pandemic-Hit Indian Economy: Reuters Poll
BENGALURU—India’s economic recovery from pandemic-related shutdowns is at risk of a further delay in the six months that are left of this fiscal year, according to economists in a Reuters poll, who expect elevated inflation to hold or accelerate, not fall. Price pressures in the world’s second-most populous country have soared thanks to rising fuel…
Hiring Difficulties Hamper Growth for Canadian Businesses: Study
Employers are having a hard time hiring workers, are pushing them to work longer hours, and are rejecting new orders, which is hampering growth for the majority of Canadian businesses, a new study says. Published by the Business Development Bank of Canada (BDC), the study (pdf) found 55 percent of small and medium-sized businesses in…
Canadians Should Vote for Party With ‘Most Balanced Approach’ to Public Issues: Preston Manning
In this election, Canadians should take a moment to ask themselves which federal leader, party, and candidate is offering the most balanced approach to public issues, Preston Manning says. In a recent op-ed in C2C Journal, the founder of the Reform Party said Canadians generally opt for balanced over extreme measures in resolving public issues….
Green Party Releases 2021 Election Platform
The Green Party of Canada launched its 2021 election platform on Sept. 7, with a focus on sustainability and economic recovery. The plan aims at advancing policy toward three major goals: a “Green Future,” “Life with Dignity,” and a “Just Society.” “Many of the tragic events that unfolded during the past 18 months revealed gaping…
Stephen Harper: Western Democracies Need to Fight Far-Left ‘Wokeism’ Amid Economic Recovery
As vaccination rates in Canada and the United States increase, governments should focus on economic recovery but at the same time be wary of the far-left elements in society that seek to tear down Western democracies, says former prime minster Stephen Harper. “This crisis really has been unique and very different and more complicated than…
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