Portugal is feeling the economic effects of the pandemic
by Shaun Richards It has been too long since we took a look at the economic state of play in Portugal, which is a delightful country. For newer readers Portugal
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TOTALLY CRAZY! #Portugal 10y yield turns negative for the first time ever. The country’s debt to GDP ratio will rise to 137% this year.
Wow! Negative-yielding sovereign debt up another $273 billion, and approaching $18 trillion. If this doesn’t cure Covid, I don’t know what will. pic.twitter.com/6PMGtOBjZ3 — Randy Woodward (@TheBondFreak) December 9, 2020
Eurozone: Italy, Spain, portugal sovereign bond yield spreads widen despite massive ECB repurchases. We’re now measuring “worst-slump” statistics in centuries.
Eurozone: Italy, Spain, portugal sovereign bond yield spreads widen despite massive ECB repurchases. Very far away from 2011 levels, though. pic.twitter.com/ccGZ3mP3rg — Daniel Lacalle (@dlacalle_IA) May 7, 2020 We're now
Has Portugal escaped its economic depression or not?
by Shaun Richards We have an opportunity today to look at the Euro area from two different but linked perspectives. The first continues from yesterday’s money supply analysis which tells
Portugal’s radical drugs policy is working. Why hasn’t the world copied it?
In 2001, Portugal became the first country to decriminalise the possession and consumption of all illicit substances. Rather than being arrested, those caught with a personal supply might be given