Trump’s effects on the weakening Euro!

Trump’s effects on the weakening Euro!

Trump becomes the 45th US President November 8th US election After the long awaited US presidential election, America have appointed its 45th US President. Donald Trump succeeded Hillary Clinton in the early hours of last Wednesday morning to what was described as a shock victory by many. Trump’s victory, despite his businessman background, has seen more uncertainty around America’s future. Although the U.S. Federal Reserve is in charge of monetary policy decisions, the Republican President can affect political and economic stability. Just like Brexit, it will take time to see…

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US Unemployment for July – Not Optimistic

Apparently, the biggest problem for the US economy remains the unemployment, as it went up again in July. The joblessness rose from 9.5% in June to 9.6% in July, showed data of 57 economists surveyed by Bloomberg News. Manufacturing and economic recovery slowed down too, and according to Ben S. Bernanke, the Federal Reserve Chairman, unemployment is “the most important” issue the US economy has. “The poor job picture is the Achilles heel of the economy,” said Sung Won Sohn, a professor of economics and finance at California State University-Channel…

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