How will Brexit affect the economy? Many of us seek an answer to this question. With just over eight weeks to go until it starts, we want a clear idea of what will happen – and rightly so! Luckily, we may be able to determine this. Let’s examine the four key impacts that it has […]
World Economy
British Pound Exchange Rate Forecast Post Brexit
The current political instability in the UK is highly influencing the stability of the British Pound and its value in the international markets. While the sterling was one of the top performers in the realm of currencies in the beginning of 2018, sadly – and if you are following currency news on a daily basis, […]
What Will Greece’s Return Mean for the Financial Markets?
Greece is making steady progress after a painful period of economic malaise. A bane upon Europe, this EU nation almost wrecked the EUR and most certainly precipitated the Brexit. Now, Greece is working hard to extricate itself from a financial quagmire with plans to sell debt for the first time since 2014. This is a […]
What the Trans-Pacific Partnership (TPP) is all about?
The Trans-Pacific Partnership (TTP) is a huge new global trade deal agreed between 12 Pacific Rim nations including the US and Japan. It covers almost 40% of the global economy and is the biggest trade agreement in the past 20 years. The objective of the deal is to closely link the economies of these nations […]
The Eurozone’s Design Failures: Can they be corrected?
Below is the podcast of the lecture “The Eurozone’s Design Failures: can they be corrected?” by Professor Paul De Grauwe. In the podcast Prof. Paul talks about design failures in Eurozone, such as while the money is fully centralized while the monetary policies are organized at the national level. At the same time only one […]
Best Movies about Money and Finance
We compiled a list of some of the best movies related to finance, financial crisis, and stock markets. Client 9: Rise and Fall of Eliot Spitzer This documentary feature takes an in-depth look at the rapid rise and dramatic fall of New York Governor Eliot Spitzer. Nicknamed “The Sheriff of Wall Street,” when he was […]
Australian unemployment rate remains steady
Although it’s performing better than those of many other industrialised nations, the Australian economy has one or two weaknesses that threaten to undermine its relative progress. The unemployment rate in January had remained at a respectable 5.4%, with a net gain of 10,400 new jobs being recorded, while 65% of the population were deemed eligible […]
Deficit and Debt Ceiling Crisis
In this video, Sal Khan explains the basics of federal deficit and what debt ceiling is. It starts with the distinction between deficit and debt. After that it explains the concept of debt Ceiling. In the US, the congress has the pwer to limit how much cumulative debt the US can have. The current debt […]
European Crisis Explained
This animation video shows the conversation between two people discussing the European Crisis. It explains the crisis beautifully and provides a breakdown of the European debt situation, starting with Greece and consuming the entire continent.
Credit in Times of Stress: Lessons from Latin America
The 2007-09 global financial crisis disrupted the provision of credit in Latin America less than previous crises. This review from BIS identifies key initial macroeconomic conditions that contributed to the higher resilience of real credit in Latin America during this episode. These relate to economies’ capacity to withstand an external financial shock and the scope […]