Статьи, помеченные тэгом ‘George Osborne’

Recession in the UK: the history repeating…

Sunday, July 25th, 2010

In 1970 I was 6 years old and I remember very little of that time. The collapse of the Beatles walked me to a party, as well as the football World Cup in 1970, and I have only vague memories of that year held a general election, when a Mr. Heath has changed some of Mr. Wilson. The only event that made an indelible impression on me, was the first manned landing on the moon. I still remember those grainy photographs taken in 1969 when Neil Armstrong uttered his now famous words. Then I decided that I would be an astronaut. Then I grew up.

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Stoxx Europe 600 fell down today, as Commerzbank and Credit Agricole have new problems

Monday, July 5th, 2010

European stocks fell amid concern over the economic outlook. Trading volume was quite low due to the fact that the U.S. now trades do not take place because of the holiday on the occasion of Independence Day. Pan-European Stoxx Europe 600 index fell 0.2% to 236.88 points, the British FTSE 100 – on 0,3% to 4,823.53 points, Germany’s DAX – on 0,3% to 5,816.20 points, the French CAC-40 – by 0,5% to 3,332.46 points.

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Roosevelt made a fatal mistake: the future of the dollar

Sunday, June 27th, 2010

Dollar may fall to a record low by the end of this year. This assumption is expressed most European economists. The exchange rate of the dollar, which is at a high level may fall a few days. The future of the dollar in the hands of China. Franklin Roosevelt made a mistake, but not stimulating the economy through public spending, and listening to the advice advocates reducing the deficit during his second campaign. As a result, the U.S. economy returned to a recession.

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Bad news from Britain threaten Dow Jones Industrial Average

Tuesday, June 22nd, 2010

Dow Jones Industrial began trading on the U.S. stock market in the green zone. The level of support for the Dow Jones Industrial grows from the side. Dow index was 10,462.58 points and rose +20.17 (0.19%) at one time. Analysts were convinced that the Dow index fell in early trading due to bad data from the UK: the British Treasury believes that the growth of the British economy in 2010-2011. will be slower than predicted Labour government, who resigned in May.

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George Osborne gives hope for the growth of stock markets today

Monday, June 21st, 2010

Stock markets in Asia and Europe began to grow. The level of support for the index remains high. Good news came from Britain. The head of the British Treasury George Osborne said that he was going to raise taxes on banks, while reducing expenditures on social programs, and salaries of civil servants, in order to reduce the budget deficit and keep the country’s economic recovery.

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Exchange rates forecast: the future of euro, dollar and pound

Friday, June 18th, 2010

BNP Paribas expects the euro / dollar at par in 2011. According to analysts, BNP Paribas, in 2011 the euro / dollar falls below parity, and will reach 0.97 by mid-year. In the short term, the bank expects rollback couples from current levels up to 1.2525. Currently, traders note the activity of German investors, who have shown interest in buying the single currency. A pair traded in the 1.2380, recovering from lows at 1.2380. Ofer noted in 1.2416/20. For the British pound have all the fun begins. I went to the countdown in anticipation of the publication of emergency budget planned for next Tuesday.

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Dow Jones Industrial received the nasty surprise from oil and collapsed

Wednesday, June 16th, 2010

Dow Jones Industrial Average lost -24.79 points or -0.24%. Falling Dow Jones impact on the mood of buyers of the world’s stock market. New challenges for Dow Jones came from the oil market. Commercial stocks of crude oil in the U.S. for a week from 5 to 11 June 2010. rose by 1.7 million barrels. and amounted to 363.1 million barrels., according to a report of the Ministry of Energy.

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Dow Jones Industrial Average falls on the background of the European collapse

Monday, June 14th, 2010

Dow Jones Industrial Average is at 10,254.53 points mark. Part of the acquired Dow Jones today points irretrievably gone. At the time the growth of Dow index is +43.46 points, or 0.43% per day. Britain announced the dire news about an hour ago: The British Office of the Fiscal Responsibility has published the first report on the development of the economy.

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Banks of Great Britain were left alone with global crisis

Friday, May 21st, 2010

Because of the credit crunch in Europe, the UK banks can not be returned to the Government funds allocated during the financial crisis. If this situation drags on, it is possible revision of the plan of support. Financial institutions must find a new source of funding for repayment of state credit of approximately $ 300 billion British pounds, issued by the Government and the Bank of England. His term expires early next year. Lack of funds intended to cover the expense of Debt Capital Markets, however, according to the protocol of the May meeting of the Committee on monetary policy released this week among officials is growing concern that the crisis banks are not able to get financial support from the bonded investors.

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Policy of new British government

Thursday, May 20th, 2010

Coalition government of Great Britain has today adopted common program. New authorities support military operation in Afghanistan and close cooperation with the USA concerning Middle East. Thus, political parties have regulated problems concerning which they had opposite positions.

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