DESPITE measures by the governments, unemployment in OECD countries is still two million higher than in 2011. Policymakers need to think out of the box as both monetary and fiscal policies have failed to dent the lengthy queues of people … Read the rest
EUROPE’S massive debt burden continues to depress the region’s growth and explains why central banks intend keeping interest rates down for as long as possible.
If short-, medium- or long- term mortgage and other rates were to rise, many households … Read the rest
October 2012:- BEN Bernanke and his fellow blinkered central bankers could once again be sowing the wind for the next global crash, writes Neil Behrmann. The chairman of the Federal Reserve Board is placing the US and global economy … Read the rest
There has been one constant theme to all of our six or seven visits to China so far this year, writes Simon Hunt of Simon Hunt Strategic Services.
In each visit we have reported deterioration in economic conditions from … Read the rest