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Recent Posts
- Fed and Bank of England raise rates Bank of England warns of recession
- Federal Government Budget cautious document :unemployment projected to be 5.8% then fall to 5.5 % in 2022-23
- Hello after much faffing about with the help of my computer savvy son I am glad to say that my wordpress site is once again accessible
- Poli 349 AA (9930): Political and Social Theory and the City. Course outline fall 2021. Thursday 5:45-8:15 Prof. Harold Chorney (Latest Version).
- Poli 204 Course outline Prof.Chorney latest version
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Monthly Archives: December 2016
Yellen announces 25 basis point rate increase. Will this dampen Trump’s infrastructure stimulus ?
The chair of the Federal Reserve Janet Yellen has announced a small but policy significant increase in their targeted range for interest rates from 0.25% to 0.50 % to 0.5% to 0.75%. The over night funds rate sits at 0.41% … Continue reading
Renzi stays on for budget approval at request of Italian President
The Italian Prime Minister Matteo Renzi has agreed to stay on pending budget approval. This should help calm nerves for the short term in Italy and abroad. The markets appear to have absorbed the initial shock of the referendum defeat … Continue reading
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Renzi loses Italian referendum He resigns . Italian politics thrown into turmoil. Market disturbance may follow.
The No side decisively rejected the Italian constitutional referendum 59.3 % to 40.7% . As a consequence the Prime Minister Matteo Renzi announced his intention to resign. The right and left parties will be eager to capitalize but none of … Continue reading
François Hollande’s decision not to run creates whole new scenario in next spring’s French Presidential election.
This past week President Hollande of France announced he would not seek a second term in next April’s presidential election. This decision taken by Hollande was a realistic decision given his very poor polling results, his failure to solve the … Continue reading
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Austrian far right extremist candidate for President Norbert Hofer is well behind in exit polls. Green candidate Alexander Van der Bellen leads
Exit polls from the Austrian presidential election show the Green party candidate Alexander Van der Bellen the lead with 53.6% of the result. Norbert Hofer has apparently conceded defeat. Official vote count results will be available late tonight or Monday … Continue reading
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