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G8 Summit: Just How Effective?

Lough Erne. Should read more like Laugh Erne! The G8 summit opens today in Ireland under the Presidency of Prime Minister of the UK, David Cameron. Beyond the fact that now given that the G20 exists...

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G8: Smile!

Apparently, the highlight of the round-up of the G8 summit in Lough Erne might just have been that David Cameron went for a morning dip to swim a couple of lengths. That’s about as far as he might have...

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Where to Go When the Chinese Bubble Bursts

So, we have gone from dire straits, to ‘reasonable’ and now to ‘ample’ and that’s all in the space of just under a week. That’s a turn-around on the liquidity and cash-strapped situation of the state...

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Goodbye Mervyn, Hello Mark

As we wave goodbye to Mervyn King, former Governor of the Bank of England (ready for him to take up his seat in the House of Lords so that he can sit back and now relax), his successor, Mark Carney...

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Stock-Market Crashes Through the Ages – Part V – 21st Century

As the 21st century ushered in a new era of further inter-linked living between nations around the world and heightened levels of communication, technology became the tool that was at the finger-tips...

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Prism: Everybody Was in on the Act

Looks like everybody was in on the act with complying with the National Security Agency’s spying around the world according to secret files. The Guardian newspaper of the UK has just obtained secret...

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€100,000 for Brexit

Fancy making some easy money? Just go in for the ‘Blueprint for Britain’ competition that is being staged by The Institute for Economic Affairs which is asking participants to provide a 2, 000-word...

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Putin Rootin’ for Barack

Oh, please! What happened to the world that I and most people grew up in? The one where Russia was the enemy, the USA the good guys and never the twain shall meet in true Rudyard-Kipling fashion. The...

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Global Tax Chaos Coming

The OECD has stated in a report commissioned by the G20 that there will be “global tax chaos” in the next few years due to falling tax revenues from multinational companies around the world. Perhaps we...

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Sovereign-Debt Risk – Best and Worst

Sovereign debt is the bonds that are issued by national governments in foreign currencies with the intent to finance a country’s growth. The risk involved is determined by whether that country is a...

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Arctic Thawing to Cost $60 Trillion

Scientists and economic analysts (Polar Ocean Physics Group at the University of Cambridge) say that the thawing of the Arctic will set off what they have termed an “economic time bomb” in years to...

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There’s No Hiding from the NSA

If you really do want to have every single trace of you lost, then you might like to think about living under ground for the rest of your life, or up a mountain in Outer Mongolia. The chances are that...

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Obama May Snub G20 Summit

Now that Edward Snowden has been granted temporary asylum in Russia and he has been allowed to leave the airport, things are starting to hot up between the US and Russia. Washington has expressed that...

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Obama: Do Svidaniya Putin!

If we can judge by the announcement from the Obama administration, the relations between the US and Russia are at their lowest ebb for decades and they couldn’t get much colder. They are in fact icy...

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BRICS Crumble

‘The bigger they are, the harder they fall’ has always been true and is seemingly even more so today with regard to the BRICs (Brazil, Russia, India and China). The Organisation for Economic...

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We Run Our Finances Better Than the State Does

The order of the day is probably ‘I’m alright Jack’, as the Pew Research Center shows that in a 39-country analysis people around the world believe that in the main their personal finances are doing...

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Assad: Failure Awaits the USA

Syrian President Bachar al-Assad has warned President Obama not to take military action against his country since: “Failure awaits the United States as in all previous wars it has unleashed, starting...

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Syria: Over by Christmas or Voices from the Past?

French President François Hollande jumped straight in declaring in more Sarkozy-style fashion than ex-President Sarkozy himself that he would attack Syria. That was even before the UN investigators had...

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Brent to Hike

If Syria is invaded by the West, then we should be getting ready for a hike in the price of Brent that some say may reach a much as $150 since it will escalate into a regional problem and affect...

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Dow Rises, Obama Backs Down?

Oh the wonders of spin, the joys of doctoring and put it all together mix it around and what pops out of the other end of something is a mastery of wizardly waffle, which to anyone else is called...

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