Monthly Archives: January 2013

Hamish McRae: “Should we trust markets or economists?”

Jan 31, 2013

Hamish McRae is one of the UK’s most respected financial journalists. In his latest column for The Evening Standard, he asks, “should you listen to the economists or to the markets?” Set against the backdrop of the current climate – where markets are generally moving upward, whilst commentators and analysts remain despondent, this is an

David Pilling – “new Chinese pipeline is next step to superpower status”

Jan 31, 2013

In May, China will gain a West Coast. The continent-sized country, whose supercharged development has, up until now, been concentrated in large cities on its eastern shoreline, is seeking to expand its sphere of economic progress – and it will do so by opening an 800km gas pipeline. The pipeline will connect Kunming, capital of Yunnan province,

Barry Eichengreen – “Euro crisis may erupt again”

Jan 31, 2013

It was less than a week ago that Mario Draghi, President of the European Central Bank, spoke excitedly of “a new restored sense of relative tranquility” in the global economy, “positive contagion” across the markets, and economic recovery for the recession-ravaged Eurozone by late 2013. However, American economist Barry Eichengreen has warned that the debt crisis that has

Biz Stone – “politicians using social media is a good thing”

Jan 30, 2013

When Twitter was in its infancy, the website’s user base was generally composed of young socialites reporting on the minutiae of their day and apprehensive FMCG businesses trying to flog their wares. However, with recent news that over half of the House of Commons – 331 MPs – use Twitter, it appears that the social media platform

George Magnus – “immigration reform will boost US growth”

Jan 30, 2013

The emerging consensus among economists is that immigration provides a net benefit to a state’s economy. It increases demand and productivity, helps drive innovation and lowers prices, although there is little agreement on the size of the impact on economic growth. If this is the case, then the US economy could get a lift if President

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