The Greek People Have Punctured the Smugness of the 'Moneymen'

Adnan Al-Daini | Posted 30.01.2015 | UK Politics
Adnan Al-Daini

The humiliation of Greece by foreign politicians and unelected bodies, dictating what Greece must do regardless of what harm it causes its people, must be too much to bear in a country that gave the world the concept of democracy.

Europe's QE Programme Will Hit UK Manufacturers

Nicola Horlick | Posted 30.01.2015 | UK
Nicola Horlick

The UK consumer can look forward to further downward pressure on retail prices and this should lead to another increase in consumer spending. However, if the imbalances in the UK economy are to be addressed, British manufacturers urgently need to invest in order to increase productivity, which remains weak...

This Round of Quantitative Easing Will Be Socialism for the Rich

Richard Murphy | Posted 24.03.2015 | UK Politics
Richard Murphy

I am not opposed to turning on the money printing presses. But I am if the result is a boom to be followed by a bust with a few benefitting enormously at cost to many in the meantime. This is the time for QE, but Green QE is what we need and is not what we're getting.

Monkeys Humping Footballs: The ECB Has Gone Past Being Merely Ridiculous

Damian Reilly | Posted 16.12.2014 | UK Sport
Damian Reilly

Despite the crushing weight of evidence over the last twelve months to support the assertion that Cook is a disastrous captain, Giles Clarke and co have never wavered in their support for him. He may be inept tactically, weak as a leader and struggling even to justify his place in the team, but he is handsome.

One Vital Detail Is Still Missing in the Kevin Pietersen Storm

Damian Reilly | Posted 07.12.2014 | UK Sport
Damian Reilly

The ECB has still not said officially why he was sacked. It seems almost a small and inconsequential detail at this point, so much water having passed beneath the bridge and so many daggers having been placed so expertly between so many shoulderblades. But it is the most important detail of all.

Brace Yourself for the Next Financial Crisis - And The One After That

Dr Joseph Zammit-Lucia | Posted 04.11.2014 | UK
Dr Joseph Zammit-Lucia

In a recent speech Angela Merkel stated that "the danger of another financial crisis is already pre-scripted." She is right.

Politics of More Importance Than Economics for the Eurozone

Jeremy Cook | Posted 14.10.2014 | UK Politics
Jeremy Cook

Mario Draghi reminded everyone gathered in Frankfurt and listening in around the world that it is not the ECB's decision as to whether to go ahead with asset purchases. Firstly, Eurogroup leaders would have to vote on it.

Just What's Behind The Sun's Groveling Apology To Cricketer Kevin Pietersen?

The Huffington Post UK | Posted 11.06.2014 | UK Sport

The Sun has issued a rare apology over a story claiming former England batsman Kevin Pietersen had returned his 100th Test gifts to the England and Wa...

'I'm Glad I'm Not In The Squad' - Pietersen Ends Silence On England Divorce

The Huffington Post UK/PA | Posted 09.06.2014 | UK Sport

Kevin Pietersen says it was "a relief" to escape the England dressing room when he was excluded from the team. England's record international run-s...

The ECB Is Not North Korea, Despite the Way It Acts

Damian Reilly | Posted 18.05.2014 | UK
Damian Reilly

The ECB, whether it likes it or not, is not North Korea. It cannot disappear people without explanation, nor can it lie to the public about maladies afflicting key apparatchiks without facing repercussion of any sort.

Bail in Replacing Bail Out

Paulo Casaca | Posted 03.05.2014 | UK
Paulo Casaca

In a press release dated February the 19th addressing the so-called "single resolution mechanism" to be decided by the European institutions, the Council of the European Union stated, in what is perceived as a negotiation declaration towards the European Parliament, there was agreement between the partners that: "bail-in and not bail-out is the main guiding principle for bank resolution."

Is Osborne Taking This Guy's Credit For The UK's Recovery?

The Huffington Post UK | Asa Bennett | Posted 26.02.2014 | UK Politics

Mario Draghi, the head of the European Central Bank, may have had "more to do" with the improving state of the UK's economy than George Osborne's poli...

The European Quantitative Uneasiness

Paulo Casaca | Posted 15.04.2014 | UK Politics
Paulo Casaca

Whereas in the last few years the US, UK and Japan central banks have been busy flushing the market with money, things have not developed quite the same way in the Eurozone, as the European Central Bank (ECB) is still struggling to define its own role.

Kevin Pietersen - An Unmanagable Maverick or a Wasted Talent?

Adrian Moorhouse | Posted 14.04.2014 | UK Sport
Adrian Moorhouse

Pietersen is arguably the most talented English player of the modern era. Simply by looking at his statistics it's clear to see that he was on the way to smashing the record book and becoming an England legend. However, look past the statistics and some would say you'd find an enigmatic talent, unwilling to adapt his game or listen to authority.

ECB Offer Shoddy Explanation Over Kevin Pietersen Sage

Matt Broad | Posted 12.04.2014 | UK Sport
Matt Broad

What the ECB did was wrong. Questions were answered, and I guess they still are, but they've done a disservice to someone that put 110% into England cricket. Regardless of the reports, the text messages, hands down he would be on that team sheet, for his sheer brilliance.

Pietersen Sacked: Cricketers Past And Present React To Batsman's England Sacking

The Huffington Post UK | Posted 05.02.2014 | UK Sport

Kevin Pietersen's international career came to an end after nine turbulent years, with England's management deciding unanimously their relationship wi...

Should England Ditch Pietersen? (POLL)

The Huffington Post UK | Posted 03.02.2014 | UK Sport

England land back on home soil on Monday night with several issues to clarify ahead of the World Twenty20 tournament next month. Limited overs coac...

Swiss National Bank's Investment Policy Reconsidered

Spiros Margaris | Posted 24.03.2014 | UK
Spiros Margaris

The Swiss National Bank (SNB) President Thomas Jordan has to reconsider the SNB investment policy due to the fact that its equity holdings have grown to around 71 billion Swiss francs in the third quarter of 2013.

Swift ECB Action Aims to Defuse Deflation Risk

Martin Koehring | Posted 23.01.2014 | UK
Martin Koehring

Average euro zone inflation was a provisional 0.7% in October, much weaker than the ECB's official target of "close to but below 2%". It is not just the low level of inflation that has been a concern for the Bank, but the rapid decline in recent months: between July and October the rate fell by 0.9 percentage points, from 1.6% to 0.7%.

Take Your Hands Away From That Wallet - Things Are Gonna Be Cheaper

Nick Beecroft | Posted 23.01.2014 | UK
Nick Beecroft

No fewer than four Regional Fed Presidents are due to speak this week, plus Bernanke, and they represent a pretty wide spread of hawks, doves and centrists, so we should be able to watch their lips to get a better sense of whether the bond market was correct in its surprisingly large response to Friday's suspect US unemployment report.

ECB's Asset Quality Review Is a Work of Art - Minimalist Art

Nick Beecroft | Posted 23.01.2014 | UK
Nick Beecroft

Just another brick in the wall. In what is a potentially vital piece of the jigsaw in the project to keep the Euro afloat, the ECB had a mission: design a bank asset quality review that was just tough enough to gain credibility, but not too tough, for fear of scaring the horses and inducing queues of depositors to form outside banks when the results come out.

Carney and Draghi Make Their Mark

Nick Beecroft | Posted 03.09.2013 | UK
Nick Beecroft

In dramatic breaks with history, Mark Carney and Mario Draghi persuaded the Bank of England Monetary Policy Committee (BOE) and the European Central Bank Governing Council (ECB), respectively, to issue what amounted to forward guidance on the path of future monetary policy, without having to actually formally announce they had done so.

The EU Has Found a Compassionate Side

Nick Beecroft | Posted 31.07.2013 | UK Politics
Nick Beecroft

The EU seems finally to have got it. 'Austerity Infinite' was only ever going to succeed in taking us to very bad places indeed. At the best (and I'm afraid we're going to see this anyway), violent unrest on Southern European streets.

ECB Cannot Save Euro; Crisis Back With Vengeance?

Andy Langenkamp | Posted 15.07.2013 | UK
Andy Langenkamp

Edward Markus - founder, owner and chief analyst of ECR Research and ICC - is coauthor of this blog. Austerity vs Growth The focus in Europe is ...

ECB Fails to Restore Monetary Policy Transmission Mechanism

Vincent Forest | Posted 03.07.2013 | UK Politics
Vincent Forest

Overall, however, given the combination of the ECB's unwillingness to address financial market fragmentation and the current austerity drive in most euro zone countries, we continue to expect a continuation of the economic crisis in the remainder of the year.