Global Investing

from MacroScope:

The word on Gordon Brown from Cayman

November 9, 2009

Gordon Brown is truly having a rough time. Rebuffed by the United States, International Monetary Fund and others for floating the idea of a tax on financial transactions at this weekend's G20 meeting, he has now got short shrift from the Cayman Islands.

Wish I hadn’t said that…

January 21, 2009

As sterling sinks to a 7-1/2 year low against the dollar, traders and investors are wondering who was the established political figure that made the following comments when Britain was kicked out of the Exchange Rate Mechanism in 1992.

Please put a penny…

December 30, 2008

Britons are not only having to contend with a pound falling to near parity with the euro and hitting multi-year lows against the dollar, they are also now being weighed down with change.

EDF fails to push Britain’s nuclear button

August 1, 2008

british-energys-heysham-nuclear-power-station.jpgA dramatic last-minute hitch to plansĀ for France’s EDF to buy British Energy leaves managements, shareholders and especially the British government in a quandary.