The Great Debate UK

from Breakingviews:

Sovereign debt maths show risk of vicious circle

By Hugo Dixon
April 9, 2010

How can a country support debt of over 100 percent of GDP for many years and then suddenly start spiralling towards insolvency? That question of sovereign debt maths is not merely academic. It is highly relevant to the likes of Greece and Italy.

The UK should not waste its fiscal crisis

By Hugo Dixon
April 7, 2010

hugodixon–  The author is a Reuters Breakingviews columnist. The opinions expressed are his own  –

from Breakingviews:

Goldman Sachs needs to admit it made mistakes

March 1, 2010

By Chris Hughes

Even the mighty Goldman Sachs makes mistakes. The Wall Street bank's decision to help Greece keep some of its debts hidden from public view in 2001 was one of them.

GDP figures show we’re not out of the woods yet

January 26, 2010

MarkBolsom-150x150.jpg-Mark Bolsom is the Head of the UK Trading Desk at Travelex, the world’s largest non-bank FX payments specialist. The opinions expressed are his own.-

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.

Why is the UK still in recession when the U.S. isn’t?

November 3, 2009

Recent U.S.  gross domestic product data show the world’s biggest economy emerged from recession in the third quarter, while in the UK data show that in the same period Britain’s economy contracted.

Re-entry dilemma for G20 ministers

September 2, 2009

copeland1- Laurence Copeland is a professor of finance at Cardiff University Business School and a co-author of “Verdict on the Crash” published by the Institute of Economic Affairs. The opinions expressed are his own. -

Britain’s economy should learn to speak a little Chinese

August 10, 2009

ross2- John Ross is visiting professor at Shanghai’s Jiao Tong University where he writes a blog on globalisation. The views expressed are his own. -

from Commentaries:

The case for GDP bonds

August 3, 2009

Around the world, governments are struggling to drum up buyers for the mountain of bonds they need to sell. And that's especially true for big deficit, low savings countries like Britain and the United States.