Sunday - Jun 25, 2017

Global Economy

Scottish independence vote now being rated as “too close to call” UK’s financial and stock markets in a state of disarray

Scottish independence vote now being rated as “too close to call” UK’s financial and stock markets in a state of disarray

With the vote on Scottish independence, regarded as being possibly the most important in UK political history, just a few days away, most polls are showing that the campaign for independence have made major headway in recent weeks in convincing the hearts and minds of the Scots that independence will be good for the people.


As expected Argentina defaults on their debt

As expected Argentina defaults on their debt

As had been broadly forecast, Argentina has announced their intentions to default on its sovereign debt after frantic last-minute talks between the Argentinian government and their creditors failed to arrive at a compromise situation. This is the second time in the South American country’s history that they have failed to meet their financial obligations, with


EU reported to be to considering increasing economic sanctions on Russia

EU reported to be to considering increasing economic sanctions on Russia

Ambassadors of the 28 European Union (EU) member countries are meeting in Brussels to discuss the feasibility of applying a new list of sanctions on Russia following the shooting down of the Malaysian Airlines Boeing 777 over eastern Ukraine last week, allegedly by Russian backed rebels. Among the sweeping sanctions reportedly to be discussed by

Is the End of the World Bank nigh?

Is the End of the World Bank nigh?

The emerging economies of Brazil, Russia, India, China and South Africa, known in global financial circles as BRICS produced something of a bombshell during the annual conference held on July 15th and 16th in Brazil. During the course of the two-day meeting, BRICS, comprised of the five largest emerging markets in the world, announced that


UK seem to be interested in emulating the German speaking nations of Central Europe’s Mittelstand

UK seem to be interested in emulating the German speaking nations of Central Europe’s Mittelstand

Germany, as well as their surrounding neighbours Austria and Switzerland have long since taken pride in the “Mittelstand”, small and medium-sized enterprises based in the German-speaking countries, whose policies have seen these countries consistently achieve sustainable growth, and quickly since the economic collapse of 2008. For that reason, the Mittelstand has been consistently admired, but