The Great Debate UK

from The Great Debate:

Icelandic, Greek sagas show sovereign risks

January 7, 2010

-- James Saft is a Reuters columnist. The opinions expressed are his own. --

Developments in cash-strapped Iceland and Greece nicely illustrate two themes for 2010: sovereign risk and financial balkanization.

from Breakingviews:

Recovery leaves too many big problems unsolved

By Edward Hadas
January 4, 2010

ed hadas.jpgThe economic worst is past. But there are many issues left to worry about.

Start with the good news. GDP is now growing almost everywhere, while the unemployment rate is hardly rising anywhere. Businesses and consumers are less fearful. As much as half of the 20 percent decline in international trade has been erased.

from The Great Debate:

Welcome to the Teenies, sorry about those returns

December 29, 2009

saft2.jpg
-James Saft is a Reuters columnist. The opinions expressed are his own-

As we say goodbye to a decade so abysmal it never even earned a nickname, it is time to take bets on how the coming 10 years will shape up in economics and financial markets.

A year of austerity looms in 2010

December 23, 2009

david-kuo_motley-foolthumbnail-David Kuo is director at the Motley Fool. The opinions expressed are his own.-

If you thought 2009 was as bad as things will get, then think again: 2010 could be worse. It is likely to be a year of enforced austerity with both the government and households making obligatory cuts to their budgets.

from UK News:

Has Alistair Darling done enough to revive Labour’s electoral hopes?

By Reuters Staff
December 9, 2009

So how was it for you?

Chancellor Alistair Darling threw the dice in his pre-budget report in an attempt to bolster Labour's chances of winning the general election in 2010.

David Willetts on the Anglo-Saxon finance model

December 2, 2009

Demography is the most powerful single structural explanation of changes in the economy in society around us, David Willetts, Conservative Shadow Minister for Universities and Skills told Reuters ahead of a talk about European policy options on Wednesday at the London School of Economics.

Pre-budget report delicate balancing act for Darling

December 2, 2009

thomas-story – Thomas Story is tax director at BDO. He will participate in a Reuters pre-budget live blog on Dec. 9, at 12 p.m. British time. The opinions expressed are his own. -

Politicians should allow a business-led recovery

December 1, 2009

evans- Anthony J. Evans is assistant professor at ESCP Europe business school. He will participate in a Reuters pre-budget live blog on Dec. 9, at 12 p.m. British time. The opinions expressed are his own. -

from MacroScope:

Crisis? What Crisis?

November 18, 2009

The title of this post is taken from two sources. One was a headline in British tabloid, The Sun, in January 1979, when then-prime minister James Callaghan denied that strike-torn Britain was in chaos. The second was the title of a 1975 album by prog rock band Supertramp that famously showed someone sunbathing amidst the grey awfulness of the declining industrial landscape.

When firms “Too Big to Fail” fall

November 5, 2009

Amid the turmoil of the 2008 financial crisis a myriad of events unfolded that the general public knew nothing about, writes New York Times reporter Andrew Ross Sorkin in a new book titled “Too Big to Fail.”