The Olympic Park uncovered: The secrets that lie hidden beneath its green surface November 1, 2011 COUNTDOWN TO THE LONDON OLYMPIC GAMES 2012 267 DAYS TO GO VISITORS to Stratford’s Olympic Park next year will be too busy attending magnificent sporting spectacles to give much thought to the work that was required to turn an East London industrial wasteland into a venue fit to receive the whole world’s attention. But Atkins, [...]
It’s not just the Eurozone: A trade crisis is growing. The G20 must show leadership November 1, 2011 THE crisis spawned in 2007 has in many ways come to resemble Hydra – the mythical many-headed serpent of Ancient Greece, which grew two new heads every time one was cut off – already last Wednesday’s Brussels Summit shows no sign of marking a true turning point for the Eurozone. And while the euro-crisis commands [...]
We need to teach financial literacy in all UK schools November 1, 2011 IT IS significant the e-petition calling for compulsory financial education in schools has this week become one of the first petitions to reach the threshold of 100,000 signatures and that the All Party Parliamentary Group (APPG) on Financial Education for Young People is the largest in parliament, with 224 cross-party MPs. We are a financially [...]
Forcing others to obey is the issue, not greed November 1, 2011 MANY of those occupying Wall Street and the City of London object to corporate greed. Yet greed is usually harmless. For example, I may well be greedy. I would like to earn more despite already earning what many of the protesters would consider more than enough. But my greed is harmless because I cannot force [...]
RAPID RESPONSES November 1, 2011 Simply complex In response to Gemma Godfrey [The EU’s decision process: It’s not rocket science, on Monday], I think we’ve outlived a time where the world economy worked mostly in a linear fashion that’s easy to grasp and extrapolate (e.g. if exports grow by X per cent, and unemployment falls by Y per cent, GDP [...]
Japan can’t scare off safe haven status November 1, 2011 THE yen will continue to strengthen against major currencies. No matter the actions of Japan’s authorities, attempts to bring it down are destined to fail. It is not as though Japan’s leaders haven’t been trying – the economy has been mismanaged for decades. But interventions and gargantuan government debt have done nothing to dissuade the [...]
DON’T TOE THE LINE OF CABLE COMPLACENCY November 1, 2011 LOOKING at the carnage that is the Eurozone today from the comfort of a Canary Wharf office, it is easy to feel superior. After all, the UK appears to be relatively immune to the chaos that’s currently occurring in European capital markets. With Greece “circling the drain” as some of my fellow analysts have so [...]
THE TIPSTER November 1, 2011 AFTER a month long rally against the dollar, the euro wiped out almost half the gains falling 440 pips in one day, with the news of a Greek referendum and the European Central Bank’s consideration in cutting rates looming large. The euro-dollar pair is in freefall and will take a strong bit of positive news [...]
FOREX ANALYST PICKS November 1, 2011 FOREX STRATEGIST JOHN KICKLIGHTER My pick: Long dollar-Canadian dollar, short sterling-dollar Expertise: Fundamental analysis with risk management Average time frame of trades: 1 day to 1 week We witnessed an incredible swing in risk trends preventing both my sterling-yen and Aussie-dollar setups from triggering. The dollar-Canadian dollar managed to hit the Ca$0.9970 short, but it [...]
Life beyond the web for a new age of daters November 1, 2011 IT’s been a long day and you’re tired. But when you get home you have another job to do: search through thousands of faces for your potential life partner and reply to a half-dozen or so relevant messages from fellow cyber love-seekers. Internet dating is no longer considered weird or sad – roughly 5.2m Brits [...]