| Chinese
stockmarket slump
The Shanghai Composite Index fell by almost 9%, its worst
fall since February 1997 triggering world stock market slumps
around the world. |
| World
less dependent on the US
American consumer spending is slowing down and the world usually
slows down - but this time, growth around the world is instead
picking up. |
| Inflation
and interest rates
Despite falling inflation which has reached 2.7%, the Bank
of England still could raise interest rates one more time
in order to curb this "inflationary psychology"
which exists in the UK. |
| Digital
cash
The next 15 years could see a transformation in how we spend
money. As digital forms of cash evolve, will we see the end
of notes and coins? |
| Britain
against immigration
A new poll shows the extent to which many Britons are against
immigration. 47% have said that they do not think the UK has
been negatively affected by immigration. |
 |
India
larger than UK
By 2016, it is predicted that the Indian economy may be bigger
than the UK's. The Tata takeover of Corus represents this
seismic shift of power. |
 |
Sterling
close to $2
The pound is pushed closer to $2 as it reached a peak of $1.9917
but retreated to $1.9809 at the end of the day. |
 |
BRIC
Lane: The Road Ahead
The future of the globalised economy with the rise of the
BRICs, based primarily on Goldman Sachs research - 2 Word
documents - Part 1
& Part 2 |
 |
Migration
and Remittances
Many low skilled workers in rich countries lose their jobs
to foreign competitors - how can we help them to gain something
from globalisation? |
 |
The
victims of trade and how to help them
Many low skilled workers in rich countries lose their jobs
to foreign competitors - how can we help them to gain something
from globalisation? |
 |
Globalisation
threatened by protectionism
Globalsiation has resulted in increasing inequality and stagnant
wages but does not give cause for policies of protectionism. |
 |
Undervalued
Chinese currency
A Chinese think tank support the idea of appreciating the
Chinese Yuan arguing that it will be better for the long term. |
 |
Evolutionary
economics
Eric Beinhocker's book explains the complex evolution of the
world we know now today and how it came to be. |
 |
Inflation
hits 3%
The Bank of Enland has released the CPI inflation figures
which show that inflation has reached a 11 year high. |
 |
Inflation
as high as 10% for some
The cost of living may have risen so much in recent times
that some families will be facing a 10% rise in their costs. |
 |
R&D
spending in China
A 20% year on year increase in R&D spending in China spells
potential bad news for the US, which has relied upon their
technological superiority. |
 |
India
opens up to more FDI
The Indian government will open up to the retail sector thus
allowing stores such as Tesco and DSG International to open
chains in India. |
 |
Immigrants:
Your Country Needs Them
Philippe Legrain's new book explains why free movement of
labour can be beneficial to both sending and receiving countries. |
 |
Surprise
interest rate hike to 5.25%
The Bank of England stuns financial markets and City economists
by raising the base rate to 5.25% before publishing its quarterly
Inflation Report. |
