Recent Posts

Europe court deals a blow to Catalan secessionists

Bloomberg The European Court of Human Rights delivered a blow to the Catalan secessionist movement, ruling that in 2017 Spanish judges legally suspended a regional parliamentary session in the wake of a controversial independence vote. The complaint brought by 76 people living in Barcelona was “manifestly ill-founded” and the Spanish judges’ move was legal, the Strasbourg, France-based human rights court ...

Read More »

Tech cold war will force global leaders to choose

The US-China tech cold war is about to spread, and that will force leaders to make some difficult decisions. I wrote last week that a digital Iron Curtain had been drawn when President Donald Trump moved to isolate Huawei Technologies Co. Within a week, global corporations were caught in this divide. Alphabet Inc.’s Google said it would cease some ties ...

Read More »

Why are wage gains so weak?

After correcting for inflation, wage gains remain sluggish. In April, average weekly earnings for nonsupervisory workers were up 3% from a year earlier, to $785.55. Meanwhile, prices as measured by the consumer price index were up 2%. Considering that the economy has been expanding for nearly a full decade, this is perplexing, even allowing that wages are growing faster at ...

Read More »
Send this to a friend