Currently browsing - Global Economy & Finance

Justin Wellby: Banks need “The fear of hell, hope of heaven”

Last night St Pauls cathedral hosted the final session of their “The City and the Common Good” series with an event exploring “Good Banks”. BBC Economic Editor, Stephanie Flanders moderated what she called “a dream team panel” of prominent voices in the debate: Justin Welby – Archbishop of Caterbury (keynote) Anthony Jenkins – Group Chief

US-China Bilaterial talks - Xi Jinping with Obama

US-China Bilaterial talks: a diplomatic milestone?

It has been an important week for China – US relations. Chinese leader, Xi Jingping visited the United States for bilaterial talks on areas such as: North Korea, the south-pacific and international institutions. Before talks were underway Victor Gao published a thoughtful op-ed on CNN underlining how close the $500 billion in annual trade have

Allister Heath discusses how to tackle the UK rent crisis

Editor of City A.M, Allister Heath’s article ‘Rent controls are madness, we need to build more homes’ was published in yesterday’s Telegraph, focusing on the UK rent crisis. UK rent, as well as house prices are becoming “out of control”; in London the cost of renting is over half the average wage in two thirds

Dr. Nasser Saidi appointed deputy chairman of Eureeca

Expert on Middle Eastern finance and economics Dr. Nasser Saidi has been appointed deputy chairman of the Dubai-headquartered website Eureeca. Designed as a regional and internationl business platform, the site “operates as a marketplace for both businesses looking for funding and crowd investors seeking new investment prospects.” With a lower investment barrier to enter, Eureeca

Schröder speaks out on European austerity

Gerhard Schröder, Ex-Chancellor of Germany, writes in today’s FT that Europe need to balance structural reform with maintaining global competitiveness, key in which is “moving away from pure austerity and towards growth” before National economies are “Strangled by strict austerity measures”. “Only a United Europe can stand a chance in a globalised political world dominated

Jim O’Neill’s ‘The Growth Map’ earns press praise

In a joint book review Jim O’Niell’s book ‘The Growth Map’,  recently re-published in paperback, earns praise from the Independent who describe it as “beautifully written”. Read the review here:  

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