debt crisis

Outlook for global economy weaker than expected

Outlook for global economy weaker than expected

In a recent speech given in Tokyo, the head of the IMF stated that the outlook for the global economy…

Misleading figures do not show true depth of this recession

Misleading figures do not show true depth of this recession

This week David Miles, one of the members of the Monetary Policy Committee, addressed the Society of Business Economists stating…

Eurozone continues to have negative impact on UK economy

Eurozone continues to have negative impact on UK economy

In the words of the BoE governor, Sir Mervyn King, the EU is quite literally “tearing itself apart” and this…

Greece and France again at the heart of debt crisis in EU

Greece and France again at the heart of debt crisis in EU

Market news is not good as investors are spooked over recent events in Greece and France. Both countries have been…

Despite predictions, UK officially in a double-dip recession

Despite predictions, UK officially in a double-dip recession

In recent weeks economists had been predicting that the economy would just slightly miss a double-dip recession by a very…

Will tomorrow’s news show UK growth or recession?

Will tomorrow’s news show UK growth or recession?

As recently as two days ago, the BoE was predicting a 0.1% growth in the GDP. However, today a policymaker…

Greece once again close to defaulting on debt

Greece once again close to defaulting on debt

It appears as though once again Greece is on the precipice of defaulting on international loans as less than half…

Fitch to announce eurozone ratings later this month

Fitch to announce eurozone ratings later this month

Fitch has announced that by month’s end they would release “ratings watch negative” on six eurozone countries which include Ireland,…

UK exports suffering from euro crisis

UK exports suffering from euro crisis

UK factories have been recording the lowest exports since almost two years ago in January of 2010 and it is…

Grave warnings from the OECD on worldwide impact if euro fails

Grave warnings from the OECD on worldwide impact if euro fails

In their most recent statement, the Organisation for Economic Cooperation and Development had dire warnings in regards to the current…