George Soros, the billionaire investor, has suggested that the International Monetary Fund should use $100bn (£62bn) of gold reserves to back green loans from rich to poor nations. 10 Dec 2009 British manufacturers' input costs rose at their fastest annual pace in a year in November due to a rebound in crude oil prices after last year's falls, official data showed. 11 Dec 2009 European Union increases pressure on International Monetary Fund to look at global tax on financial transactions. 11 Dec 2009 Government bond prices fell sharply on Thursday as, following the pre-Budget report, the Institute for Fiscal Studies warned Britain's national debt would remain high "for a generation". 11 Dec 2009 Interest rates are expected to stay low for longer to counter the impact of the pre-Budget report (PBR) and the scale of fiscal tightening which is thought necessary in Britain. 11 Dec 2009 Elite global funds are snapping up the bonds and debt derivatives of energy rich countries across the Gulf, taking advantage of the Dubai storm to accumulate rock-solid assets at bargain prices. 10 Dec 2009 Whitehall departments’ budgets will be reduced by almost a fifth after the next election - a cut of £36bn over three years. 10 Dec 2009 Gilt prices fall sharply as the pre-Budget report fails to allay concerns over the deficit. 10 Dec 2009 Carbon trading fraudsters may have accounted for 90pc of all market activity in the UK and other European countries and pocketed €5bn.Soros urges use of IMF gold for climate funds
Economics
The latest news, analysis and comment on the UK and global economy.
LATEST ECONOMICS NEWS
UK manufacturers' input costs rise at fastest pace in a year
EU presses IMF to consider Tobin tax
Pre-Budget report jitters lead to gilt sell-off
Interest rates to stay low for longer
Funds pile into Gulf debt
'Severe cuts' in public services revealed
UK bonds slide as investors worry about finances
Carbon trading fraudsters in Europe pocket €5bn
Sunday, 13 December 2009
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