Carney says BoE to monitor closely pay settlements at the turn of the year — that presumably rules out 2014 rate hike?
Brent crude oil price falls below $100 pb for the first time since June 2013
Kremlin:”Putin and Poroshenko really discussed the steps that would contribute to a ceasefire between the militia and the Ukrainian forces.”
LONDON (Reuters) – Pressure on western workers from the integration of China and other emerging giants into the world economy shows no sign of abating and that protracted shock will also keep borrowing rates subdued for years to come.
That’s the conclusion of three economists who a decade ago characterized the reshaped global economy of the new millennium as ‘Bretton Woods II’ – a monetary system aping the fixed exchange rate regime after World War Two.