World Economic Climate: World Economic Climate improves - Economic Expectations: Economic expectations point to recovery - Inflation: Stabilization of price trend expected - Interest rates: Increase of long-term interest rates expected - Currencies: Euro appears overvalued - Special topic:...

World Economic Climate: World Economic Climate brightens - Economic Expectations: Optimism prevails in economic expectations - Inflation: Moderate pick-up of inflation expected - Interest rates: Interest rates expected to increase somewhat - Currencies: Euro appears increasingly overvalued -...

World Economic Climate: World Economic Climate improves - Economic Expectations: Economic expectations remain optimistic - Inflation: Moderate pick-up of inflation expected - Interest Rates: Interest rates expected to rise - Currencies: US dollar appears undervalued - Special Topic: G20 – the...

World Economic Climate: World Economic Climate improves further - Economic Expectations: Economic expectations slightly downgraded but remain positive - Inflation: Moderate pick-up of inflation expected - Interest Rates: Interest rates expected to rise - Currencies: Currencies appear balanced -...

World Economic Climate: World Economic Climate clouded over slightly - Economic Expectations: Economic expectations downgraded again but remain positive - Inflation: Stable price trend expected - Interest Rates: Short-term interest rates expected to rise less than formerly anticipated -...