EU leaders say tough new budget rules will protect the euro from a "Greek-style" crisis.
Read the following important reports from the BBC:
Showing posts with label recession. Show all posts
Showing posts with label recession. Show all posts
Monday, 1 November 2010
Monday, 25 October 2010
What's the Currency War About?
Class - read this article!
Deficit countries, surplus countries, the Eurozone, China, Japan and the simmering tensions...
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.
Tuesday, 5 October 2010
When is Inflation Good?
When it creates expectations of future price rises thus encouraging us to spend more now.
Governments are doing whatever they can to stimulate consumer spending once again.
Monday, 4 October 2010
The One Payment Benefit System
Huge changes are being made to the benefits system to streamline the process and cut costs (austerity measures).
How to Spend to Mend the UK Economy
We have receiently been given advice as consumers that they way to mend our economy is to spend our way into recovery.
What exactly should we be spending our money on?
Attaching Blame for the Financial Crisis?
We now what is to blame for the crisis but who is to blame is debatable.
This London School of Economics lecture/slideshow goes some way to explain who the main culprits are.
Follow the link...
This London School of Economics lecture/slideshow goes some way to explain who the main culprits are.
Follow the link...
Wednesday, 29 September 2010
Tuesday, 28 September 2010
The IMF Supports the UK's Fiscal Austerity Plans
"The UK economy is on the mend. Economic recovery is under way, unemployment has stabilised, and finacial sector health has improved", the IMF said.
Consumers told to Spend, Spend, Spend!
Hmmm, perhaps this advice would be easier to follow if we were all richer.
Read the article yourselves to decide whether this is the right way to invigorate our economy...
Friday, 24 September 2010
Gordon Brown: The US and the UK must coordinate economic policy
Gordon Brown has warned that the UK and the US risk a decade of high unemployment and low growth unless new policies are implemented to improve cooperation and coordination.
The Road to Recovery 2010
This is an excellent resource which covers many aspects of the UK economy which we will be studying this year.
Follow the link to find out more about how the UK economy is recovering from the recession.
Thursday, 23 September 2010
Hysteresis in the US Economy
An interesting article which demonstrates this new key term - hysteresis.
Some workers in the US will be left out of the labour market permanently despite economic recovery.
Wednesday, 22 September 2010
Which Sectors are Fuelling Growth in the UK Economy?
The CBI preodicts that the UK economy will grow at 2% next year.
It appears that manufacturing is leading the way.
This complementary article discussing how vulnerable our growth is is also useful.
Tuesday, 21 September 2010
Mapping Out The Recession
Are we a round, square or diamond shaped recession?
This article contains some very useful macroeconomic date. Read more here...
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