Class - read this article!
Deficit countries, surplus countries, the Eurozone, China, Japan and the simmering tensions...
Monday, 25 October 2010
Friday, 15 October 2010
QE in the UK Could Net the Treasury £7.75bn per Year
Good news for the Treasury...
The BoE is sitting on almost one quarter of the Gilts bought as a result of the QE programme (Asset Purchase Scheme). This entitles the BoE to around £7.75bn in interest payments.
The BoE retains this money to cover any losses made as a result of QE. However, should it make a profit then this will go to the Treasury - this helps alleviate the strain on the public sector finances.
Dollar Hammered Amid Fears of QE in the US
The dollar falls in value worldwide amid fears that the US Fed will print another $1 trillion.
Thursday, 14 October 2010
Why Emerging Markets Pose a Threat to Western Prosperity
A useful interview to listen to if you are writing a dissertation about the BRIC economies or developing economies in Africa.
Monday, 11 October 2010
War of the World (Currencies)
As mentioned in class - this is a news story you need to be following!
Read the article in the Wall Street Journal to find out why currency wars could mark the end of free trade...
Thursday, 7 October 2010
Currency wars Threaten Global Economic Recovery
Manipulating their currency has become government's new weapon in the battle for economic recovery.
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