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Since the outbreak of the global financial crisis in late 2007, the intertwined relationship between money and politics has somehow become more intertwined. Between 2001 up to 2007, the world leaders such as George W. Bush, Tony Blair, Jacque Chirac, Gerhard Schroeder, Vladimir Putin etc were putting anti-terrorism, community relations and national security at their [...]
Since 2007’s Northern Rock crisis, the world’s financial market has been tumbled like being destroyed by tsunami. Lehman Brothers, Bear Sterns, HBOS, Fanny May and Freddie Mack, and then now onto the eurozone crisis in PIIGS (Portugal, Italy, Ireland, Greece, and Spain). It has somehow identified with Swedish pop legend ABBA’s song lyric: “Money! Money! [...]
The uk stockmarket fell for a third day in a row as Greece comes under renewed fire over the European crisis. The FTSE 100 dropped to its lowest levek since the end of Jan 2012 as Greece looks to increase the ceiling on its borrowing.
The chinese premier has lowered the expected growth from 8% to 7.5% in an almost unprecedented move in nearly 7 years. Still its a tiny reduction and china is still growing at an incedible pace.
Its now official that Britsin has the highest fuel duty of all our european neighbours leading some to claim the governments strategy is killing businesses by preventing people from looking for work because of the sheer cost of petrol. Quentin wilson who used to appear on BBCs top gear laments that excessive duty is causing [...]
Have you ever thought you’d be an entrepreneur but thought you’d need a lot of cash to start up then become a micro entrepreneur where you use a relatively small amount of cash to start a business. Such businesses can be started using existing platforms such as ebay to buy, sell and trade. You might [...]
With falls in stockmarket share prices, some shares now look really cheap compared with their dividend payouts. Two well known listed companies are paying out dividends of over 10%. Compared to paltry rates in the bank, investing in shares could over as much as 5 times or even 100 times the tiny interest rates on [...]
Interestingly the Daily Express ran a headline this past week suggesting that interest rates will remain at record low levels for the foreseable future. This is potentially very good for borrowers and those with mortgages especially as the expected payments on a mortgage dwindle. Whether savings will be passed on to standard loans is another [...]
The recent turmoil has pushed the leading share index below 5,000 this morning. The rapid selling of many shares has led to a recent downwards trend which seems to have considerable momentum driving forward further selling. The FTSE 100 nervously awaits the opening of the US markets and readies itself for a talk from the [...]
