OECD calls for Africa jobs boost May 28, 2012 Young people represent 60 per cent of Africa’s unemployed, and of these 40m youths around 22m have given up looking for work, according to a report out yesterday from the OECD. That represents a threat both to Africa’s chances of reducing poverty, and to social cohesion, said the report. Improving education in agriculture as well [...]
London’s developers have a prime role in ensuring its future success May 28, 2012 IF LONDON is to retain its status as a global capital for business in the face of technological revolution and the rise of mega cities in the South and East of the globe, it is vital for property developers to respond to changing business needs. This is not just building new offices that are well [...]
Central banks have plenty of ammo but there’s confusion on how they fire May 28, 2012 WHEN economic crises strike it can take a while for economists to keep up. But one of the confusing outcomes of events since 2008 has been policymakers presenting established policies – such as what is now being called quantitative easing (QE) – as being novel, and policymakers and commentators using different terms to mean the [...]
Cheap money and more debt won’t help the young May 28, 2012 OVER the next three years, £82m of taxpayers’ money – or debt, to be more precise – will be funnelled into a scheme to provide loans worth on average £2,500 to entrepreneurs aged 18 to 24. Cue politicians, business people and other sycophants tripping over themselves to be linked to this intrinsically popular policy. After [...]
Has the time come for military intervention to topple Bashar al-Assad’s Syrian regime? May 28, 2012 YES Michael Weiss Military intervention in Syria isn’t so much a matter of preference as an inevitability. The Kofi Annan plan has failed, and even Annan himself has stopped just short of saying so. Last Friday’s horrifying, state-orchestrated massacre of 116 people, including women and children, in the village of Houla proves that a “negotiated [...]
RAPID RESPONSES May 28, 2012 Greek insolvency [Re: Eurozone crisis moves ever closer as Greek left gains ground, Friday] I’m not sure you can blame the Greeks for borrowing vast sums on the assumption that they had the same credit worthiness as Germany. The financial system was at fault. Having said that, the point that Greeks now have to reduce their [...]
Active Trader speakers give their picks of the City A.M. conference May 28, 2012 MORE than 700 people turned up last week to the inaugural City A.M. Active Trader event at the Grange Tower Bridge Hotel to listen to our assembled panels of experts give their wisdom on everything from bearish engulfing candlestick patterns to using twitter for trading. We asked some of the Active Trader panelists for their [...]
GOLD WILL CONTINUE TO BE DRIVEN BY UNCERTAINTY May 28, 2012 EVEN as euro-dollar traded around its lowest level in 22 months, global stock indices managed to stage a small rally last week. Although it is wise not to read too much into this divergence, it marks a break from the positive correlation between the single currency and stocks to which we have grown accustomed. One [...]
How to lose money when trading May 28, 2012 DAVID Rodriguez, quantitative strategist for FXCM, spoke on the masters of forex panel at the City A.M. Active Trader event last week. He pulled up the two charts to the right, which give a telling snapshot of the mentality of many traders, as well as what he cites as being the number one mistake made [...]
Analyst picks for 28 May 2012 May 28, 2012 QUANTITATIVE STRATEGIST DAVID RODRIGUEZ My pick: Sell euro-dollar rallies Expertise: System trading Average time frame of trades: 2 to 10 weeks I remain in “sell rally” mode on euro-dollar, and I would like to sell any significant bounce in the otherwise fast-falling currency pair. Recent CFTC Commitment of Traders data shows large speculators at their [...]
