New Worries in Eurozone Manu...

September 01, 2011

In recent figures released by Markit Manufacturing PMI, the index has fallen from 50.4 in July to 49 for the month of August. This is adding new worries for the recovery of the Eurozone as anything un...

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UK Economic Forecast Downgra...

September 01, 2011

In an announcement released by the British Chambers of Commerce, the BCC forecast yet another downgrade in a line of downgrades throughout 2011. Their reasoning behind this latest downgrade to the eco...

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Cost of Food and Travel Crea...

August 31, 2011

Inflation has been wreaking havoc with household finances and this is most evident in the cost of food and in travel expenses. In the month of July, Asda Income Tracker indicated that families in the...

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ECB Warns Swift Measures Nee...

August 30, 2011

In a recent statement, Jean-Claude Trichet, president of the European Central Bank, warned that swift action was needed to help Greece with the already approved second economic bailout for Greece. The...

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