Eurozone economic recovery lopsided
Although the Eurozone economic recovery continues, Markit’s latest PMI (Purchasing Managers’ Index) for December shows a wide difference between the two largest economies, France...
December Chinese manufacturing slips to three month low
December Chinese manufacturing slipped to 50.5 compared to 50.8 November, according to a new HSBC/Markit Flash China Manufacturing PMI (Purchasing Managers’ Index) released to today.
The...
The troubled euro – dismantle it or reverse policy, says economist
The troubled euro should either be dismantled in an orderly way or economic policy must be dramatically reversed to promote economic growth and create...
Ireland ends its bailout
Ireland has officially left its bailout behind three years after the country appealed to international lenders to help it avert a financial collapse.
Since receiving...
2014 global GDP growth better than in 2013
2014 Global GDP growth is expected to be better than in 2013, however, politics, especially in the US may undermine recovery.
The data comes from...
US Economic Forecast for 2014 and 2015
In a US economic forecast for the end of this year until 2015, the "UCLA Anderson Forecast" sees the economy growing in spite of the...
US default could trigger global recession, warns IMF
A US default could cause a global recession, said Christine Lagarde, Managing Director of the International Monetary Fund.
Lagarde said it would result in "massive...
Hedge fund advertising – a means of winning back public trust?
The ban on hedge fund advertising will be lifted. However, will the financial services industry make the most of the opportunity? Hedge funds, which...
Inequality grows in America
The difference in income between the 1% richest and the other 99% was higher than ever in 2012, researchers from the University of California,...
