US debt deadlock
The US budget deadlock was broken overnight but after being closed for 16 days, the fingerprints of the shutdown are clear to see.
The US budget deadlock was broken overnight but after being closed for 16 days, the fingerprints of the shutdown are clear to see.
Thomas Becket describes President Obama's deal over the New Year's Day tax cuts as a pyrrhic victory as the arguments have merely been delayed until February.
As an economist, Aaron Gurwitz finds political risk “unnerving” but here he analyses the various risks as they stand today to give his thoughts on what they mean for portfolio constuction.
Politicians haven’t exactly covered themselves in glory this year when it comes to making policy decisions to reduce levels of government, consumer and household debt – 2012 is unlikely to be any different.
Central banks have to come up with measures outside QE to stimulate growth and recduce debt levels.