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Recent stories for "United Kingdom"
Economic War Cabinet
Noels pleit voor economisch oorlogskabinet De Tijd Geert Noels, hoofdeconoom van beurshuis Petercam, roept premier Herman Van Rompuy in een open brief op om een 'Economic War Cabinet' op te richten. Die economische urgentieraad zou bestaan uit specialisten en zou de regering kunnen bijstaan in de huidige economische ...
Greece // UK
Griekenland wordt geviseerd, maar andere landen zijn niet zo veel beter. Neem bijvoorbeeld het Verenigd Koninkrijk.
Het VK bespaart
De besparingen in het VK gaan diep: 93 miljard euro. De pensioenleeftijd wordt opgetrokken tot 66 jaar, de overheid moet ontvetten, alle departementen moeten bijdragen. De FT schrijft:Declaring that “today is the day where Britain steps back from the brink”, George Osborne, the chancellor of the exchequer, revealed dramatic ...
London Calling
The latest string of monthly figures on foreign holdings of US Treasuries gives some surprising results : Of the big global players, only Japan and Brazil keep on accumulating US debt at a steady pace. Opec, Russia and the Carribean seem to be losing interest while China apparently heralds status quo, if we believe the official ...
Operation "Merlin" and "Glass Steagall Bis"
On Wednesday, UK banks were in the spotlight for two main reasons. First of all, the preliminary disappointing results of operation "Merlin", a deal between the UK government and the large banks on bank lending targets. Second, the large private banks' reaction to the ring-fencing initiatives of the Independent Commission on ...
The UK's moral decay
This is an excerpt of an article published in the British newspaper The Daily Telegraph , by chief political commentator Peter Osborne . He states that the riots in the UK of the past weeks were unacceptable and a clear sign of the decay of parts of the British youth. But he adds that there is a strong ...
Kabuki
In our previous posting, we mentioned that not a lot of safe havens still exit in the world of today. Which sovereign bond can I trust, what kind of monetary system will be there the day after tomorrow etc. Recently we have seen some strange developments occurring in financial markets, confirmed by international investors net in- ...
Splendid isolation - Up EURS !
In order to digest what Camus so beautifully described as "le chagrin de dimanche", I went through some UK press coverage on the last EU summit and outcome. Most agree that Britain's position has become rather isolated within the EU and some are even urging for a renegotiation of membership. Within the government coalition, Lib-Dem ...
The Goldwatcher
The gold price had been caught in a 20-year bear market when Gordon Brown decided to sell off 400 tons of Britain's gold reserves at rock-bottom prices. That more or less marked the bottom of the ferocious bear market. But that's just the way markets behave. Bear and bull markets do not usually end without a 'grand finale'. In 1979 ...















