Central banks around the world are repeating the mistakes of former Federal Reserve Chairman Alan Greenspan by flooding markets with cheap money, according to Brunel University's Moorad Choudhry.» Read More
Central banks around the world are repeating the mistakes of former Federal Reserve Chairman Alan Greenspan by flooding markets with cheap money, according to Brunel University's Moorad Choudhry.
May 7- Britain may well come to regret the exceptionally long gap between Governor of the Bank of England-to-be Mark Carney's appointment in November and his first day on the job in July.
A report suggests 20-somethings living in their parents' basement may take after the thrifty, debt-averse survivors of the Great Depression.
After Portugal's rejection of the cost-cutting measures on which its bailout package depends, Invesco Perpetual's chief economist has added his voice to the anti-austerity camp, warning it could lead to "almost endless depression".
Despite recent stock market gains, famed strategist Douglas Kass thinks stocks face many headwinds.
JOHANNESBURG, Jan 25- Emerging economies, including many in Africa, are enjoying some of the strongest GDP growth rates in the world but much of this growth is an illusion and could be detrimental over the long term, a new book says. Its author, Lorenzo Fioramonti, is associate professor of political science at South Africa's University of Pretoria.
*Growth outlook for Greece, Portugal, Ireland cut. LONDON, Jan 16- Spain, Greece and Portugal face a tougher 2013 than previously thought, while the outlook for growth in Ireland, the only bright spot among the euro zone's most vulnerable economies, was cut for the first time in nearly a year.