Debt
China’s Economic Woes Wors...
The Chinese stock market worsened today as fears of a ‘Chinese credit crunch’ hurt investor confidence. The Shanghai Composite SSE index – considered China’s major financial indicator – drop...
Federal Reserve QE3 Policies...
The United States’ economic policy of quantitative easing will come to an end during 2014, Federal Reserve chairman Ben Bernanke claimed. The Federal Reserve’s third quantitative easing effort, na...
IMF Gives Negative Assessmen...
The world’s largest economy was criticised by the International Monetary Fund due to its slow private sector growth and its $85 billion public spending cuts. The IMF is one of several organisations...
Austerity will probably last...
The population in the UK is ageing and as a result, cost of care is rising. The OBR states that greater spending cuts will need to take place if the national debt is to be kept under control for the l...