Sunday, 12 February 2012

Liam Halligan

Liam Halligan

Liam Halligan's column tackles head on the key issues

facing the British and global economy.

Click here to find out more!

LATEST FROM LIAM HALLIGAN

Britain's extreme QE is dangerously counter-productive

This weekend, with the Greek Parliament staging a dramatic “make-or-break” vote on monetary union, it would be easy to lose sight of what’s happening in the UK.

11 Feb 2012

| 359 Comments

Equity markets sing a different tune from IMF

Global investor sentiment is now not only split down the middle, but the split is getting deeper and wider. The optimists and pessimists are further apart than ever.

04 Feb 2012

| 86 Comments

Liam Halligan: At last, a politician who dares to admit that we need 'full disclosure' from banks

It's easy to criticise Mitt Romney. The former Massachusetts governor and erstwhile runaway leader in the Republican nomination race has had a bad two weeks.

28 Jan 2012

| 46 Comments

Eurozone burns money while the banks fiddle their balance sheets

'Nothing is safe that does not show it can bear discussion and publicity."

21 Jan 2012

| 181 Comments

The French downgrade should be a warning about hidden UK liabilities

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

| 288 Comments

'Printed money' and regulatory diktat are keeping UK gilt yields low

The UK Government claims Britain is a safe haven. On the surface, that looks true.

07 Jan 2012

| 300 Comments

The high price of oil has blocked the West's economic escape route

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

| 149 Comments

Ambrose Evans-Pritchard

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.

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LATEST FROM AMBROSE EVANS-PRITCHARD

Germany's Carthaginian terms for Greece

The last time Germany needed a bail-out from world creditors, it secured better terms than shattered Greece last week.

12 Feb 2012

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ECB's Draghi shuns rate cuts, boosts bank bazooka

The European Central Bank has held interest rates at 1pc and doused hopes of further cuts despite a credit contraction over the winter and falls in the M3 money supply.

09 Feb 2012

| 72 Comments

Trigger-happy central banks spark bond euphoria

Corporate bonds have enjoyed a spectacular rally over the last month as central banks flood the world with liquidity, and cash-rich companies bask in glory as gilt-edged assets.

09 Feb 2012

| 128 Comments

Greek trump card fails as stronger Europe shrugs off break-up threat

Europe’s dominant powers and institutions are for the first time willing to risk a Greek default and ejection from the euro if Athens refuses to comply with austerity demands, calculating that the eurozone system is now strong enough to withstand a contagion shock.

07 Feb 2012

| 501 Comments

An orderly EMU break-up, à la Française

Euro coins and banknotes were introduced on January 1 2002, replacing European currencies including the French franc (below).

Ambrose Evans-Pritchard reveals details of a French plan to break up the euro.

07 Feb 2012

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Shanghai shipping slump as IMF warns China on euro slump

Shanghai shipping volumes contracted sharply in January as Europe's debt crisis curbed demand for Asian goods, stoking fresh doubts about the strength of the Chinese economy.

06 Feb 2012

| 202 Comments

French socialists’ Latin revolt against Germany

The half-century habits of Franco-German condominium die hard. It is a painful process for French elites to admit that monetary union is asphyxiating their economy and must inevitably trap France in mercantilist subordination to Germany.

05 Feb 2012

| 673 Comments

Greece nears debt deal with banks but EU clash looms

Greece was on the brink of a deal with private creditors on Wednesday night after weeks of brinkmanship.

01 Feb 2012

| 211 Comments

Bundesbank sinks deeper into debt saving Europe

Germany's Bundesbank has entirely exhausted its stock of private assets and run up a quarter of a trillion euros in liabilities propping up the eurozone system, testing the political limits of EMU solidarity in Germany.

01 Feb 2012

| 459 Comments