London:- THE Bank For International Settlements (BIS) has issued a stark warning that the global economy has become too dependent on consumerism and excessive foreign-currency debt.
The risks to both developed and emerging economies are thus a combination of a … Read the rest
Property industry calls for tax cuts to lift London market
THE fizz has gone out of the London real estate bubble and the property industry is calling for a reduction in stamp duties to lift activity and prices, writes Neil Behrmann. According to LonRes, a property data company, Savills, Knight … Read the rest
UK Bill aims at scuttling endemic money laundering
THE UK will allow its law enforcement agencies to target “unexplained wealth” and seize the UK assets of dictators and human rights abusers, even for offences committed overseas, writes Neil Behrmann
The House of Commons has passed the third reading … Read the rest
It’s time economists focused on the social gradient
IT is depressing that almost all economists ignore health and well-being when they analyse economies
Instead of just growth, inflation, and monetary and fiscal policy, they should monitor the social gradient. This is basically the difference in social well-being; income … Read the rest