
It’s Goldman this. And Goldman that. And Goldman rhymes with greed.But it’s “Thank you, Mr Blankfein,” when it’s money that you need.Last week, Greek finance minister George Papaconstantinou slipped. He said not what he should have said, nor what he wanted to ...
European Union
You are on page 1 of 4In a moment, why the euro's troubles are only just starting...But first, there’s a buzz around here in the office. It’s been a long time coming… but Tom Bulford just released his new oil report. ‘The Abandoned Oil Bonanza: How you could profit from the oil ...
Bethesda, MarylandYes, dear reader, your editor is snowed in. Not for the first time this winter.And we’re not the only ones. The US government is shut down too. No matter. They weren’t doing anything but making things worse.But wait... what’s this?The Washington ...
7 July 2004. That was the day the eurozone started to fall apart. Most people didn’t see it – they were too busy looking the other way. They were more concerned about the death of the US dollar. But back on that day in July 2004, Italy’s sovereign debt was ...
Themes: Market Outlook, European Manfacturing, Buiness Activity
One indicator is up and the media is making a big deal of it. This is the Euro-zone Manufacturing Purchasing Managers' Index (PMI), which gauges gains in production and new orders - ...
To get a feel at how Europe’s doing, it’s worth looking at the Purchasing Managers Index (PMI) for the region’s manufacturing sector. This is the most crucial ‘turning point’ indicator for the economy, as manufacturing represents nearly a quarter of total ...
You remember that famous cover story of the New York Daily News? New York was nearly bankrupt in 1975. The city asked the feds for a bailout. To his everlasting credit, Gerald Ford had the backbone to just say ‘no’. Had he given the city a bailout Ford might have ...
"Britain is closer than ever before to joining the euro"– Jose Manuel Barroso, 1 December, 2008We sincerely hope not.On 17 November, we raised our concerns that a fresh wave of pro-euro rhetoric would soon be making its way into the mainstream. Two weeks ...
Can you imagine throwing your TV away every 12 months and getting the latest model?It’s not going to happen unless you live on the 9th floor of a Los Angeles hotel with a troublesome 70’s rock group (and let’s face it not many of us do...)However, when it ...
Imagine the next general election is held in 2009. David Cameron’s Conservative party beats Labour by two million votes, and gains enough seats to form a majority government. But Gordon Brown refuses to go. “I really believe that the electorate did not reject ...
European Union
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