Spain’s elections failed to solve the deadlock in parliament. Scraping a majority will be extremely difficult. The stalemate will not sent the economy into crisis, but it prevents that the economy and public finances from being prepared for one.
Sunday’s elections in Spain are unlikely to break the deadlock in parliament. The economy will continue to grow relatively fast in the short term, but growth is slowing while unemployment is still high and public finances weak.
Trouble in the German economy has more structural groundings than just the trade war. The aging population will have a significant downward effect. We compute the impact of two investment packages for R&D, education and infrastructure.
In our Where Will They Go index (including market size), India tops the list of countries that might benefit from the US-China trade war. The current economic slump weighs on India’s attractiveness as investment destination, which required the government to act by launching structural reforms.
Economic Update Dutch version
The Dutch economy is slowing down. Consumption is still on track, but the persisting industrial weakness and the growth slowdown in Dutch imports and exports point toward an economic slowdown.
The Eurozone economy grew with 0.2% in 19Q3. At first sight maybe little to cheer about, but given the trade tensions and ailing manufacturing sector, worth a minor celebration. Maybe more importantly, for now this is as good as it gets.
Whilst ‘Super Saturday’ turned into a Brexit anti-climax, it also became clear that Prime Minister Johnson actually might have the numbers to get his deal through. This may change when the deal will be scrutinized.
Rabobank economists Hugo Erken and Raphie Hayat talk about what the US-China trade war means for Southeast Asia. Will US companies in China leave? And if so, where will they go? Will Southeast Asian countries emerge as winners from the trade war? Find out in this video update.
In this report we assess the potential impact of US tariffs on European Union export goods worth USD 7.5bn. The use of a standard GTAP trade model enables us to analyse the economic impact across sectors and countries.