Big News Day for UK Homes
Some surprising UK data was released today and for once it was of the pleasant variety. According to Nationwide Building Society August saw the biggest monthly increase in UK house prices for 2 ½ years. In comparison to the previous quarter, [...]
Could Women hold the Answer to South African Growth?
Yesterday 270 South African Miners were convicted of murder following the deaths of 34 of their colleagues, although they were actually killed by police during violent strikes earlier this month. Now South Africa’s Justice Minister, Jeff Radebe, [...]
Thought kids moved out at 18? Well, there’s a recession on so think again.
The economic downturn has been responsible for many embittered grumbles. Tax hikes, spending cuts and increased unemployment have given Briton’s understandable cause for complaint, and now there’s another grievance to add to the list. You [...]
Strong Yen erodes a century of made-in-Japan
For the first time in a hundred years Japanese companies are building their products abroad to ship home as a strong Yen, improved overseas work skills and aging workforce eroded the age-old adage of what’s sold in Japan should be made in [...]
Two Consecutive Quarters of Decelerating U.S. Growth
Despite the U.S. unemployment rate increasing to 8.3 per cent in July of this year and jobless claims reaching a one month high in mid-August it’s not all bad news for the world super power.
Today revised figures from the Commerce Department [...]
‘Rich Tax’ – Clegg insists on making fiscal restraint fair
The British double-dip recession has proven to be more ingrained than feared, and the uncompromising austerity programme implemented by the coalition has so far failed to significantly improve the situation.
The latest information has indicated [...]
Not only is the glass half empty, the plate’s going to be half empty too.
Lately it seems that if it’s not bad news it’s worse news.
Well, today there are two lots of bad news for Britain as separate reports are released hinting at harder economic times ahead.
A quarterly poll conducted by the Confederation of [...]
Tropical Storm Isaac set to impact global commodity prices
The Tropical storm ravaging its way across the Gulf of Mexico is gearing up to strengthen into a full scale Hurricane over the next 24-hours with many fearing it could inflict similar devastation to that of Hurricane Katrina back in 2005.
Residents [...]
The Aussie Mining Boom is over, or is it?
An Australian minister has declared that the country’s mining boom has ended with implications for the Australian Dollar and economy.
Resource minister Martin Ferguson said “You’ve got to understand, the resources boom is over,” [...]
Revised GDP Ever So Slightly Above Expectations
At the beginning of 2012 the UK economy eased into its second recession. Since then, with constant uncertainty and the euro-zone debt crisis deterring investors there hasn’t been much to celebrate. Well, there was Team GB Olympic pride. Briefly. [...]
