The European Central Bank (ECB) is so intent in breaking inflation, that it risks an economic overkill.
Philip R. Lane, Member of the ECB’s Executive Board has disclosed that the central bank will continue with steep interest rate rises in … Read the rest
Jeremy Hunt UK Chancellor has imposed the highest level of taxation since World War 11 during the start of recession. Despite that, the pound has surprised the markets. In only a few weeks it rallied from $1.10 to $1.23— well … Read the rest
Kemi Badenoch, the new UK International Trade Secretary, will be seeking more deals in Asia and US, but faces considerable challenges.
One of the prime minister candidates in the recent leadership elections Badenoch says that she is committed to faster … Read the rest
Earlier this year I reported that a minority of economists contended that global market participants had exaggerated fears about accelerating inflation and higher interest rates.
In the short run the war proved them wrong. Inflation, especially energy prices have soared. … Read the rest