The Necessity of a Capital Markets Union and Financial Integration in the Eurozone
The UK financial industry in 2023 through LSEG post-trade clearing LCH, has cleared record volumes in Euro Derivatives contracts as follows: EUR IRS (Euribor) volume €51 trillion in 2023 and €50.9 trillion in 2022, EUR OIS volume €116.6 trillion in…
Government Wage Shocks: A Fiscal Trap with Long-Term Consequences
The question of how governments should deploy fiscal tools to stimulate economic growth or address crises has long been debated. Among the arsenal of fiscal policies, government wage shocks—significant increases in public sector wages—stand out as one of the least…
Econometrics research of CPIH Volatility Inference with Interest Rate Volatility
The British economy, as well as many other developed economies, has structural inflation issues that are not correlated to wages, quite the opposite, average annual incomes in the past 34 years haven’t kept pace with inflation, making real income unable…
Why Ukraine needs a change of leadership for anybody else willing to diplomatic negotiations to save Ukranians lives
The ongoing war in Ukraine has gripped Europe and the world, not only because of the immense suffering it has caused but also due to its potential to escalate into a larger conflict. At the heart of this crisis lies…