Tagged with: global economy
examiner.com
Tim was born in Chicago. Moved to Ma. He founded the Department of Economic Development for the cities of Salem and Brockton, Mass. He is also the... Read more...
suhasinisakhare.com
The UK's Office of Budget Statistics came out with a report on March 23. The Telegraph has today published a n analytical piece on this report. Some content is worth quoting directly: As a result of higher than expected inflation, living standards will fall for longer than previously anticipated, public borrowing will end up higher, and real terms cuts in public spending will have to be deeper. T...
suhasinisakhare.com
Three articles contribute to this post. The first is an article published in the BBC, noting that the Irish will never again trust a boom. The second, a report in the BBC again, that the G20 have agreed a deal on how to measure imbalances. The third, an article in the Telegraph, expressing astonishment and more than a little fear at China attempting to build an alternative to the Panama Canal, wi...
suhasinisakhare.com
The BBC has published an analysis that notes "nagging doubt" to be the theme of Davos 2011. It's well deserved doubt. Most people start off by expressing doubt about the Euro Zone, I firmly believe the Euro Zone has turned the corner. If troubled spots like Greece continue troubling, the severity will decrease with each passing month. The European turnaround would likely be one of the big stories...
suhasinisakhare.com
Tony Blair's recent appearance before the Chilcot inquiry got me thinking about the layer of lies that the US & the UK have built up around Iraq. At the outset, the 1st Gulf War was to liberate Kuwait. When there is considerable controversy that the Iraqi occupation of Kuwait was tacitly approved by the US Ambassedor. Then, post 9/11, the 2nd Gulf War, more commonly known as the Iraq War, was to...
suhasinisakhare.com
Yesterday, news broke that the UK economy actually contracted by .5% in the last quarter of 2010. George Osborne blamed the snow. Ed Balls blamed George Osborne. Yesterday, economists feared stagflation in the UK. Today, Nauriel Roubini, the economist who predicted the 2007 crash, suggested there are chances of a double dip in the UK. Back in December 2009, before it became clear just how much of...
suhasinisakhare.com
Experts have started predicting that interest rates in the UK will rise before June. Inflation remains a concern. Much of this inflation has been fed by the oil price bubble. Much of the oil price bubble has been fed by QE II and by American exports . If rates in the UK are raised before June, property prices will start to "go south", as one blogger writing in the Telegraph today so eloquently pu...
suhasinisakhare.com
On the back of Stimulus II, sanctioned by the American Congress yesterday, let's consider the voices, talking about structural reform. I found some interesting ideas, in the unlikeliest of places. A political commentator, writing for the New York Times, wrote on December 7 that America needed to cut down on some spending, without launching full-blown austerity, and needed to invest in re-training...
suhasinisakhare.com
This is a seed post to a series that I propose to run. So far, we've discussed how the American economy faces the need to implement structural reform. We've seen how structural reform in America remains tied to growth, to employment and to the overall health of that economy. Gordon Brown, UK's former Prime Minister, has recently appeared in a few interviews, to popularize his forthcoming book. He...
suhasinisakhare.com
The speculation has not stopped there. Earlier today, a presenter on the BBC asked Stephanie Flanders, a member of the BBC's Economics Team, whether there was a chance that the Government could fall and take the bailout deal with them as well. She did not respond directly, but the question is out there. Second, there is talk that Portugal will follow Ireland, that Spain will follow Portugal and t...