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Spain to miss deficit target in 2016 as growth slows

  Bloomberg Spain is set to miss its deficit target as a cooling global backdrop holds back economic growth, Acting Economy Minister Luis de Guindos said on Tuesday as he presented the budget plan to parliament. The deficit will be 3.6 percent of gross domestic product this year, missing a target of 2.8 percent. That means Spain would require an ...

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Britons in France lose sangfroid as ‘Le Brexit’ fear looms large

  Bloomberg For Britons in France, the upper lip is stiff no more. Louise Garavaglia, who has lived in France for more than two decades, is rushing to apply for a French passport before the June 23 “Brexit” referendum in the U.K. and has no time for “wait and see.” For his part, Paris-based financial consultant Paul Johnson-Ferguson is getting ...

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Signs of recession flash in US jobs data

  Bloomberg As the economy again started off the year on a sour note, the glass-half-full crowd pointed to the strength of the U.S. jobs market as a reason not to worry. As long as payrolls are racking up monthly gains of 200,000 or more, the economy remains in fine fettle, or so the optimists would have it. Take a ...

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