Ireland’s economy in a prolonged recession sees the Unemployment rate rising to 4.7%
Ireland has experienced a recession starting from the first quarter of 2023 and continuing through the second quarter of 2024 Meanwhile, the quarter-on-quarter aggregate economic output data conveyed an improvement of economic growth with two positive quarters. However, in the…
On the Origins of Totalitarianism, Hanna Arendt described the ideological role of Englishmen’s Racism
Hannah Arendt’s seminal work, “The Origins of Totalitarianism,” published in 1951, delves into the complex and multifaceted nature of totalitarian regimes. One of the critical aspects Arendt explores is the ideological role of racism, particularly Englishmen’s racism, in the development…
Founded out of the Drugs and Opium Trade in Hong Kong, how HSBC operated since then, scandal after money laundering scandal
HSBC, one of the world’s largest and most influential banks, has a history shrouded in controversy. Founded in Hong Kong during the height of the opium trade in the mid-19th century, the bank has grown into a global financial giant….
Sweden’s OMSX30 market correction of equities mispricing seems almost inevitable as a hot summer meltdown
Sweden’s economic data confirm early warnings of a Housing Market Debt burst feeding into Economic Recession and Unemployment. Latest data confirm everything foresaw between 2023/24. Sweden’s Unemployment rate increased to 9.4% in June and it’s likely to be in the…
Earth and Water. Ocean Fluids Dynamics, Tidal Forces, and Water in empty Space
The dynamics of water, from the vast ocean currents and tidal forces that shape our planet to its behavior in the void of space, reveal the versatility and essential nature of this element. Understanding these processes not only enhances our comprehension of Earth’s ecosystems but also informs our quest to explore and potentially inhabit other worlds
Dollar Overnight Money Market interest rate rise to 5.4%
The SOFR rates (Secured Overnight Financing Rate) a direct interest rate function of the Federal Reserve money market system increased overnight to 5.44%, while the amount financed and rolled over overnight was at $1.967 Billion also $ 1.96 Trillion Dollars,…
Italian Government -8.8% Q1 fiscal deficit seems way out of order
The quarterly non-financial sector account summary of Italy’s General Government account gives a brief concise framework of Italy’s public finances and the main economic factors. What caught the eye of keen observers has been the out-of-the-ordinary Q1 fiscal deficit balance…
Extracting Market Performance and Volatility Patterns of Blue-Chip Stocks and the FTSE100 Index
Samples of FTSE100 blue chip stocks and the FTSE100 index have been elaborated to understand the stocks’ returns and the index returns since 2010 up to date. A wide variety of descriptive statistics and volatility measures have been assembled, meanwhile,…