Global Economy

Bob Geldof's African Complex

Ronnie Joice | Posted 19.11.2014 | UK Entertainment
Ronnie Joice

Here's a wild thought: Could Bob Geldof turn out to become one of Africa's worst enemies despite his original masterstroke of giving a platform to ageing rockers, publicity-hungry pop stars and dubious has-been singers to help promote their all-conquering charitable efforts?

The G20 at a Crossroads

Adriano Campolina | Posted 18.11.2014 | UK
Adriano Campolina

The global financial system failed in large part because it only served rich countries - and within rich countries, it served rich people more than everyone else. In order to build a better system, we need to make the interests of those who have been excluded from our top priority. If large developing and emerging countries are to play a constructive role in this process, they must stand in solidarity with poor countries and with the poor in their own countries. To do otherwise is to condemn ourselves to a never-ending cycle of boom and bust - with the poorest continuing to suffer most.

Foreign Entrepreneurs 'Punch Above Their Weight' In Helping Britain

The Huffington Post UK | Asa Bennett | Posted 19.11.2013 | UK

Foreign entrepreneurs contribute "disproportionately" to the British economy and create jobs, according to serial entrepreneur Luke Johnson. Johnso...

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%.

Markets Left Wondering If the US Government Has Really Seen the Light

Jeremy Cook | Posted 23.01.2014 | UK Politics
Jeremy Cook

A strange light has been cast over the world's financial markets in the past week. To paraphrase Morrissey, "there is a light that never goes out" in Washington DC, but the flickers of the dying embers of a US fiscal deal have remained - despite the 11th hour agreement to avert a crisis.

The Need for Growth: Why Change Matters Now More Than Ever

Anna Nathanson | Posted 17.12.2013 | UK
Anna Nathanson

A year ago I went along to a three day re-educational seminar called Turning Point, delivered by best selling author and international speaker Dr Rohan Weerasinghe. I was blissfully unaware at the time that my life was about to change for good.

Challenging Times - Finance Is Not the Only Barrier for Ethnic Minority Businesses

Andrew Devenport | Posted 05.11.2013 | UK
Andrew Devenport

The recent 'Ethnic Minority Businesses and Access to Finance' report released by the Department for Communities and Local Government highlights some of the challenges faced by aspiring entrepreneurs from ethnic minorities when seeking financial support to start up a business.

The British Economy Is Now Controlled By an Ex-Goldman Sachs Employee

Harry Cooper | Posted 03.09.2013 | UK Politics
Harry Cooper

It seems slightly absurd to claim that Carney, Bernanke, Draghi and a few others can pre-empt the economic behaviour of almost seven billion individuals, but this is what they are apparently able to do. It is argued that only central bankers can save us from permanent economic stagnation. This is despite the fact (yes, the fact) that so many of them worked for the banks that destroyed our economies in the first place. Who, exactly, is in control right now?

Rand Caught Up in South Africa's Perfect Storm

Jeremy Cook | Posted 31.07.2013 | UK
Jeremy Cook

In recent months, there has been a series of strikes in mining operations across the country that has dragged down the country's output massively. Industrial production fell by a whopping 7% in Q1 of this year and the on-going dispute between the unions and multinational mining operations over pay looks to drag on in perpetuity.

Ukip: Why Globalisation Benefits Right-Wing Parties

John Bunzl | Posted 16.07.2013 | UK Politics
John Bunzl

Why all the fuss about Europe when UKIP's rise isn't because of an over-bearing Europe, but because of globalisation? No one seems to have noticed that UKIP is not an isolated phenomenon. Right-wing, isolationist political parties are on the rise throughout Europe and elsewhere.

UK Economic Recovery Hangs on Obama's State of the Union

Gareth Edmundson | Posted 13.04.2013 | UK Politics
Gareth Edmundson

At the State of the Union, it is expected that Obama will turn to setting out more gritty detail on domestic priorities for this second term. Undoubtedly, a large part of the speech will focus on how the United States can protect their economic recovery and create jobs.

IMF Chief Economist Says the UK Should 'Slow' Austerity

PA | Posted 25.03.2013 | UK Politics

The IMF's chief economist has suggested that Britain should tone down its austerity plans to help the struggling economy. Olivier Blanchard said th...

Mehdi Hasan

The Road Forward: UK Politicians Try To Claim Obama As Their Own

HuffingtonPost.com | Mehdi Hasan | Posted 18.01.2013 | UK Politics

LONDON -- In March 2012, British Prime Minister David Cameron and Chancellor George Osborne jetted off to the United States for a series of meetings a...

2013 Economic Outlook - Signs of Optimism

Angus Campbell | Posted 12.03.2013 | UK
Angus Campbell

So will the optimism that's been building up towards the end of 2012 be quashed in 2013 just as in previous years? We'll have to wait and see but since growth forecasts for 2013 have been slashed left, right and centre recovery looks like it'll be feeble at best.

Why Thinking Too Small Increases Your Food Bill

John Bunzl | Posted 10.03.2013 | UK Politics
John Bunzl

Albert Einstein famously said "We won't solve present problems with the same thinking that created them", so reminding us that it's the inadequate way we think about our problems that always explains our inability to solve them.

Why We Should All Hope America Steps Back From the Fiscal Cliff

Guy Hands | Posted 26.02.2013 | UK Politics
Guy Hands

Any deal is crucial not just for the US but also the global economy. Even a short period when Washington could not pay its bills would have a devastating impact on global confidence.

Oil Prices Will Not Act as Relief Valve for Global Economy

Andy Langenkamp | Posted 06.02.2013 | UK Politics
Andy Langenkamp

A truce between Israel and Hamas holds for now, but the recent carnage could herald further geopolitical instability in the MENA. As a result, oil price will stay high and damage the global economy, which is already "at sea".

The AKP Faces Another Challenging Year

Robert O'Daly | Posted 06.11.2012 | UK
Robert O'Daly

Recent economic indicators suggest that at least some of the risks to the Turkish economy that built up in 2010-11 have started to ease. Although this improvement may be partly due to external developments outside of the control of the Justice and Development Party (AKP) government, much of the rebalancing process has been policy-induced.

Mexico: Leading the G20 in Killing Journalists and Writers

Cathal Sheerin | Posted 17.08.2012 | UK Politics
Cathal Sheerin

The first six months of 2012 saw 8 journalists and writers murdered in Mexico; that shameful statistic puts this summer's G20 host country ahead of co...

The International Misery Fund

Tony Mckenna | Posted 07.08.2012 | UK Politics
Tony Mckenna

At its inception in 1945, the IMF was disputed by two rival tendencies. The British group, led by the brilliant economist J Maynard Keynes, envisaged an organisation which would act to regulate capital flow world-wide in order to cap national deficits, and so avoid the employment crises and economic collapses which had wracked the world economy of the 30s.

Day Four of Living Below the Line: The Rich Get Richer Whilst the Poor Get Poorer

Gemma Tumelty | Posted 11.07.2012 | UK Lifestyle
Gemma Tumelty

I'm now looking forward to getting back to work, fully focused, to work with colleagues in the trade union movement to continue to bring about social justice both in the UK and across the world.

Exporting Britain: Korean Trade Deal is the Way Forward

Jeremy Cook | Posted 26.05.2012 | UK Politics
Jeremy Cook

Hawking for international investment is always a bit like a beauty parade. News over the weekend suggests that Britannia has successfully hitched up her skirt and got some rich Korean men to like her, as the coalition announced a new trade arrangement with South Korea.

China Needs to Spend its Way to the Top

Jeremy Cook | Posted 12.05.2012 | UK
Jeremy Cook

This weekend's papers were full of talk about China and how quickly the Chinese economy will overcome that of the US, to become the largest in the world. Some think 20 years, some think 40 years, but all are agreed that it's going to happen at some point.

Oil Instead of Euro to Fuel Fears?

Andy Langenkamp | Posted 22.04.2012 | UK Politics
Andy Langenkamp

The financial sector is preoccupied with the potential break-up of the eurozone. Yet the dramatic developments in the Middle East and North Africa (together called MENA) could lead to turmoil in the markets.

Looking for Our Place in the World

Mark Fletcher-Brown | Posted 26.03.2012 | UK Politics
Mark Fletcher-Brown

A hundred years will pass in the blink of an eye. And when it does, nobody will be worried about whether we're Scots, English, Irish or Welsh. We'll just be people who used to belong to a great nation but are now too poorly skilled, under-qualified and unproductive to bother about.