Robert Gowen, CFA, is Head of Product Solutions at CFA Institute, where he oversees a team of content directors that contribute daily to Enterprising Investor. Prior to joining CFA Institute, he worked in the institutional investment industry for BB&T and Fidelity Investments. Gowen earned a BA in economics from Washington University in St. Louis and an MBA from the Darden School at the University of Virginia.
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German executives are more confident about their businesses than at any time in modern history. The widely followed Ifo business confidence index hit a record of 115.1 in June. Deutsche Welle (Germany) (26 Jun.)
British Prime Minister Theresa May should form a proposal for protecting EU citizens' rights after Brexit that has "more ambition, clarity and guarantees," says Michel Barnier, the EU's chief Brexit negotiator. EU officials are particularly concerned that May rejects the view that a European court should resolve any conflict regarding EU citizens' rights. The Guardian (London) (26 Jun.)
Rodrigo Janot, Brazil's highest-ranking federal prosecutor, has accused President Michel Temer of accepting millions of dollars in bribes in a charging document submitted to the Supreme Federal Court. Brazilian law requires the lower house of Congress to authorize prosecution before Temer can be tried. Reuters (26 Jun.)
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