Home loans costs would rise sharply in an independent Scotland, driven by increased currency risks and reduced competition as smaller lenders pulled out of an uncertain market, mortgage brokers warned. UK lenders … For Scottish borrowers with …
Britain's economic recovery is leaving the country's manufacturers behind, according to new European Commission figures. The stats show U.K. investment in equipment has fallen, even as the economy has picked up.Weak investment in the sector will …
The Canadian central bank released a working paper examining the effects of competition between different cryptocurrencies and the exchanges. The authors conclude that there is no clear evidence ….. The warnings were similar to those issued by other …
Politicians from countries including France and Spain have called for a devaluation that would aid their economies by making exporters more competitive. The euro slid below $1.30 last week for the first time in more than a year after ECB President …
We only need to look at wages in each sector to see that the competitive parts of the economy never suffered from excessive wages in the first place: Reducing private sector wages did little to make the Greek economy more competitive because this was …
One of the huge advantages of a devaluation-led expansionist policy is that this problem will just disappear. First, even if the eventual position is that there is still a government deficit, provided that the … Second, if – to ensure that sterling …
However, inflation remained high (36.2 percent), reflecting the combined effect of inflationary financing, the devaluation of the currency and high energy prices. It is estimated that real growth will recede slightly in 2014 to 2.7 percent and is …
This week, the Euro has risen to 138 Yen as the Bank of Japan wins the tug of war, but are we facing a type of competitive devaluation via QE which mirrors that of the 1920s? As we travel these roads one thing we have learned is that what is trumpeted …
ITE survived multiple crises during its existence, most notably the Russian Crisis in 1998, during which the rouble devalued by 270% in 6 months (losing 2/3 of its value within one month) while the Russian stock market lost 75% of its value in 8 months …