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What is Obama Doing in the Economy? So if you were sitting then in the turmoil of the economic upheaval and had to get on the phone to the one person that was likely to get you through the mortgage rates hikes and the jobless rates or the spiraling ...
China has just had its growth forecasts cut by the World Bank to 7.6% (from 7.7% as previously predicted). However, it has for the moment maintained the 7.5%-Chinese growth level for 2015. According to the World Bank, China got off to a “bumpy start ...
London’s cobbled and quaint streets are no longer paved with gold as their fictitious character, Dick Whittington might have once believed in fairytale land. But, they certainly do attract the golden billionaire boys from around the world these days ...
At one time it was the tough that got going when things started to get rough. Now, it’s just the money-minded that look, watch, and act before you know what has hit you. It’s not the tough that get going, you’d have to be a fool to stick to the ...
We hear, read and listen day in and day out that it’s the Dollar that’s dead, that’s it’s the USA that will be knocked off the top of the roost and come hurtling to the ground with its neck being throttled by 1.364 billion Chinese hoards. We learn ...
What would you say to working in either Switzerland or Yemen? The choice wouldn’t take too long to ponder over I guess when it comes to providing a healthy environment in which factors that would lead to long-term economic success that might be ...
At one time it was the Gold Rush that obsessed everyone as there were screams and shouts to be heard of ‘there’s gold in them there hills’. Now, it’s sugar that is creating the buzz in the investment world. Sugar is the new gold and gold is so ...
Wealth has besotted people since time immemorial. It’s accrued, amassed, hidden, stolen and we would even die sometimes for it, or at least knock someone off more than likely to get what they have. Wealth: the abundance of valuable assets and ...
The Buffets and the Gates of the US will be shedding a few tears this week as the United States and Switzerland have reached an agreement that brings the status of the latter as a tax haven for Americans (or will they?). No more hiding their cash ...
Consumer sentiment roared to an 85.1 level in July and we were told that the US economy was back on the railroad to recovery. Although, there were many people out there that saw that train as on track for the railroad to hell more than anything ...
Harping on about rhapsodious aspirations and opportunity knocks at the door of the youthful unemployed of Europe. Or, that’s the way politicians in the EU from Paris to Berlin believe that it all fits into place in the nice little puzzle that they ...
$51, 323, 233, 866, 518. That’s the current global public debt that exists all countries together. Next year it will rise to $54, 020, 847, 580, 179. At least, that’s the figure that is calculated as of this very second. Every second the clock ...
When it was suggested it was considered in the blazing battles of the bail-outs and the scraping of the bottom of the drawers for extra cash as the God-sent answer to all EU woes and worries. Suddenly, Eureka, and Angela Merkel jumped out of the ...
‘The bigger they are, the harder they fall’ has always been true and is seemingly even more so today with regard to the BRICs (Brazil, Russia, India and China). The Organisation for Economic Co-Operation and Development (OECD) shows that there is a ...
Now that Edward Snowden has been granted temporary asylum in Russia and he has been allowed to leave the airport, things are starting to hot up between the US and Russia. Washington has expressed that they are ‘disappointed’ by the reaction of ...
The Purchasing Manager’s Index (PMI) shows in figures released today that the Eurozone has an increase in its manufacturing activity. That’s the first time for the past two years that growth has been seen. The PMI increased from June’s figure of ...
The Federal Open Markets Committee (FOMC) is widely expected to keep monetary policy on hold at its July meeting. Nevertheless, the meeting is unlikely to be a non-event. The Committee will have seen US GDP data for the second quarter before the ...
When French President François Hollande (aka Mr. Flabby in the French press) announced just a few months ago while on a state visit to Japan that the EU recession was well and truly over (just before France plunged into a recession itself) he was ...
A report just out by Coutts (the private wealth-management bank) has pointed the wagging finger at British rich and famous, the millionaire’s club for not protecting their wealth enough. The poor rich guys! Probably in a bid to gee up some extra ...