Greece should leave the euro, devalue, and make credit available for private sector led growth, writes John Redwood. Read More Greece cannot borrow its way of this debt crisis
Posted in FX News | Tagged borrow, cannot, crisis, debt, greece, its, of, this, way
The IMF will soon be confronted with the difficult decision of choosing a new head. If these were ordinary times, it might be of little moment. But these are not ordinary times, says Joseph Stiglitz. Read More Joseph Stiglitz the IMF cannot afford to make a mistake with StraussKahns successor
Posted in FX News | Tagged a, afford, cannot, imf, joseph, make, mistake, stiglitz, strausskahns, successor, the, to, with
China’s property bubble has grown so huge that 85pc of Chinese living in cities can no longer afford to buy a home, according to an influential Chinese government think tank. Read More 85pc of urban Chinese cannot afford to buy a home as inflation accelerates
Posted in FX News | Tagged 85pc, a, accelerates, afford, as, buy, cannot, chinese, home, inflation, of, to, urban
Beware economists writing letters to newspapers. It happened before in 1981 when 364 wrote demanding the Thatcher government change economic policy to end recession, which was causing a steep climb in unemployment. Read More Debtaddicted Britain cannot afford to delay cutting the deficit
Posted in FX News | Tagged afford, britain, cannot, cutting, debtaddicted, deficit, delay, the, to
Clever chap that Lewis Carroll. Fancy writing a book all those years ago that so perfectly captures the workings of our Chancellor’s mind: Alistair’s Adventures in Wonderland. Read More Lookingglass Chancellor cannot admit to the cuts around the corner
Posted in FX News | Tagged admit, around, cannot, chancellor, corner, cuts, lookingglass, the, to
<!–TITOL: Forex: GBP/USD: Further probes into the 1.6675/1.6745 band cannot be ruled out – CommerzbankFITITOL–>FXstreet.com (Barcelona) – The Pound bounced up aggressively on Tuesday and from 1.6220, the pair rallied to 1.6600, getting back in two days all the ground lost since October 29, and according to Karen Jones, technical analyst at Commerzbank, there is [...]
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