01/25/2014
European banks have a combined capital shortfall of about 84 billion euros ($115 billion), German weekly WirtschaftsWoche reported, citing a new study by the Organisation for Economic Cooperation and Development.
01/24/2014
While Hoey believes that inflation will rise eventually, he thinks it will drift higher only gradually over the coming years and that governments and central banks will be tolerant of that gradual upward drift in inflation.
01/17/2014
We hear thoughtful suggestions that the UK economy could be rebalanced if income tax was abolished (loud cheers all round) with VAT increased to, say, 33% - 38% (cue: stunned silence).