UK Trade Deficit Shrinks As...

October 14, 2011

According to recent reports, the UK trade deficit shrank down to 7.8 billion pounds, 0.4 billion less than the 8.2 billion deficit recorded in July, and 10 billion less than the forecasted trade defic...

Britain Faces 33% Chance of...

October 13, 2011

According to a recent Reuters poll, Britain currently faces a 33% chance of recession during the next year. Even if the country does not enter a recession, a best case scenario would still have Britai...

Eurozone being called epicen...

October 11, 2011

Chancellor Osborne has asked that leaders in Europe become decisive in their plan of action over the debt crisis that has been building in the eurozone. In fact, global leaders are now calling the eur...

Eurozone debt fears increasi...

October 05, 2011

Once again Italy’s sovereign debt has been cut by the ratings agency, Moody’s which has them sliding from Aa2 to a rating of A2 and all is not looking good from there. The pattern suggests that fu...