ECONOMICS

They say central bankers can always print money out thin air: in this one case, however, the head of Malta's central bank could desperately do with a bigger money printer, or at least a much better attorney.

Malta's attorney general filed charges of fraud and misappropriation of funds against Central Bank of Malta Governor Edward Scicluna as well sa the country's Deputy Prime Minister Chris Fearne, Reuters reports citing court documents. At the same time, in what appears to be (more…)

Europe is home to some of the largest and most sophisticated economies in the world. But how do countries in the region compare with each other on a per capita productivity basis?

In this map, Visual Capitalist's Pallavi Rao shows Europe’s GDP per capita levels across 44 nations in current U.S. (more…)

Authored by Simon White, Bloomberg macro strategist,

It’s time once more to increase vigilance for a US recession.

Soft, survey data is starting to deteriorate, while hard data is already fragile. Expectations of a downturn are currently low, but they could quickly swing higher.

Stocks – which experience their worst drawdowns in recessions – are not priced for such an outcome, while yields are biased lower in the coming months.

S curves are nature’s approximation of (more…)