So that’s it, then. The veil has slipped. The only surprising aspect of the French sovereign debt downgrade is that it took so long. 14 Jan 2012 The UK Government claims Britain is a safe haven. On the surface, that looks true. 07 Jan 2012 The global economy will grow by around 3pc this year, down from 4pc in 2011. The US should manage a 2pc expansion, while Britain and the eurozone will struggle. A West European recession, the UK included, now looks unavoidable. 31 Dec 2011 So we enter Year IV of the Long Slump, the cruellest yet though not the most acute. 02 Jan 2012 Europe is at mounting risk of a fresh credit crunch after the eurozone money supply contracted for a second month in November and the volume of private loans began to shrink. 29 Dec 2011 Italy faces a crucial test on Thursday as the technocrat government of Mario Monti launches its first big auction of long-term bonds since a disastrous upset a month ago. 28 Dec 2011Liam Halligan
Liam Halligan's column tackles head on the key issues facing
the British and global economy.
LATEST FROM LIAM HALLIGAN
The French downgrade should be a warning about hidden UK liabilities
'Printed money' and regulatory diktat are keeping UK gilt yields low
The high price of oil has blocked the West's economic escape route
Ambrose Evans-Pritchard
Ambrose Evans-Pritchard is International Business Editor of
The Daily Telegraph. He has covered world politics and economics
for 30 years, based in Europe, the US, and Latin America.
He joined the Telegraph in 1991, serving as Washington
correspondent and later Europe correspondent in Brussels.
LATEST FROM AMBROSE EVANS-PRITCHARD
Ambrose Evans-Pritchard: 2012 could be the year Germany lets the euro die
Credit crunch fears as money supply contracts
Bond sale puts Italy to the test
Sunday, 15 January 2012
Posts
