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8
Aug

Dow Jones Industrial Average Plunges 634 Points

Posted by Susan Mitchell (0) Comment

The stock market once again proved it can be an incredibly unforgiving and swiftly punishing place, as a two-week long downturn was given new fuel by Standard & Poor’s decision last Friday to downgrade the U.S. credit rating.

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Category : Economy News | Forex Currency Trading | Blog
15
Feb

Britain’s Economy At Risk, Top Economists Warn

Posted by Susan Mitchell (0) Comment

The current government’s plan to reduce the soaring deficit is not ‘credible’ and risks driving up interest rates and causing a slide in the pound, 20 leading economists warned yesterday.

The economists wrote:

‘In the absence of a credible plan, there is a risk that a loss of confidence in the UK’s economic policy framework will contribute to higher long-term interest rates and/or currency instability, which could undermine the recovery.

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Category : Economy News | Blog