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UK mortgage approvals fall to 7-month low

Bloomberg UK mortgage approvals fell to a seven-month low in a sign the housing market is slowing, though Britons are continuing to take advantage of low interest rates to take on unsecured debt. Lenders approved 64,645 home loans in April, the fewest since September and below the median forecast in a Bloomberg survey. Mortgage lending grew 2.7 billion pounds, the ...

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Danish growth saved in Q1 by inventory build-up

Bloomberg Denmark’s economic expansion was saved in the first quarter of the year by a build up in inventories. Danish output expanded at a quarterly rate of 0.6 percent, twice as fast as estimated by economists surveyed by Bloomberg. The annual rate was 2.2 percent, according to preliminary data from Statistics Denmark. Private consumption, which accounts for almost half of ...

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Are Americans on the road to impeachment?

I am not a big or even a little fan of President Donald Trump. Many of his policies strike me as undesirable, some in the extreme. His background and temperament have not prepared him for the presidency. He is largely ignorant of many issues he must face. And yet, for all this, the idea of impeaching him and removing him ...

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