?? We all know the financial pitfalls our children may face as they get older ? challenges re View post: Five Tips to Make Kids Smarter About Money
More and more European economies seem to be failing. The bad financial state of Greece is not only affecting the European economy it has an impacy globaly. However, the Greek economy is not the only one affected by the disastrous state that the financial world is in. Spain, Ireland and Italy are going through a really rough time themselves and things are not looking so bright for the future. Even the US has hit troubled times in terms of their ecomomic situation and are in a postion where they could default on the loans if the political parties running the ...
The deeply fragile state of the global economy was laid bare by the IMF ahead of growth figures today that are expected to reveal the UK economy shrank by 0.1pc in the final three months of last year.
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UK at risk as IMF warns of global slump
You would not find Sir Mervyn King in an igloo outside Davos, the Swiss ski resort that will this week host the annual get-together of political and business leaders. Wimbledon or Lords is more his sort of thing.
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Bank Guv’nor and protestors now occupy the same ground
Crucial talks between Greece and private creditors on debt restructuring stalled over the weekend, with a dispute over the interest rate to be paid on new bonds.
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Greek debt talks stall over interest rate on bonds
To those who thought that gilts were “resting on a bed of nitroglycerine”, the past year has been an expensive experience.
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At current yields, government bonds are a disaster waiting to happen
China’s acquisition of an 8.68pc stake in Thames Water highlights the insatiable nature of Beijing’s state capitalism.
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Britain needn’t rely on China for its future financing
Investors in Greek bonds are reportedly facing a haircut of up to 70pc as IIF talks continue over the weekend, while Germany would consider a bourse tax as a compromise if this could bring Britain in line with its EU partners.
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Debt crisis: as it happened January 20, 2012
As the Scottish independence debate gets started what’s clear to me is that Braveheart and Bannockburn have no place in this issue, nor indeed should rhetorical myths designed by politicians to polarise through fear.
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The Scottish independence debate needs pragmatism not Braveheart
Property prices are falling at an accelerating rate across China and unsold inventories have reached the highest level in recent history, raising concerns monetary tightening may have gone too far.
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China’s property price slide gathers speed
An independent Scotland could start life with a debt pile of as much as £270bn, equivalent to more than double its annual economic output, according to a report by advocacy group Taxpayer Scotland.
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Independent Scotland ‘would have £270bn debt pile’
The potential for losses from the banking system to wipe out all or much of the capital of central banks could see the end of independence for monetary authorities, according to UBS.
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Central bank independence at risk from financial crisis, warns UBS
