Britain is being overtaken by emerging economies, such as India and Brazil in the “race” for a share of Africa’s new and fast-growing markets, according to Olusegun Obasanjo, the former president of Nigeria and leader of its ruling party
The research claims that even though Britons are three times richer than they were in 1952, and UK GDP has dramatically increased, so has the Government's budget deficit.
Standard Life Investments, the global investment manager, believes that a lengthy period of Quantitative Easing (QE) is needed to support economies through years of fiscal tightening and debt de-leveraging.
We believe the potential for negative events in Europe will keep the euro on the defensive against the dollar and sterling, but the downside looks limited in the near term given investors in general are already broadly holding negative positions.
There are some positive dots that we can join together when looking at the UK economy, which when viewed as a connected string, is beginning to show a slightly more creditable and credible pattern.
Although we remain cautious regarding exposure to European equities in general, selective opportunities may be emerging, as long as global central banks maintain the easy- money stance that is helping to fuel appetite for risk.
The analysts upgraded their estimate for fixed-income, currencies and commodities sales to a 13 percent drop for the first quarter from a decline of 26 percent after a “material improvement” at the start of the year, the analysts said, while t