The great imponderable

11 Mar 2010 [0 Comments | 20 views]

Barack Obama wants to see US exports double within five years. Later today he is due to make a speech outlining how he is going to do this. And yet last month, China saw exports jump 46 per cent on the year before. And that, in a nutshell, is the great imponderable. Obama has this idea to

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Banking

Monday Digest: Manufacturing soars, HSBC is sore

1 Mar 2010 [0 Comments | 155 views]

The UK economy may have only limped out of recession during the final quarter, but if the latest data from CIPS/Markit is any guide, manufacturing is positively booming. The latest Purchasing Managers Index – which is one of the most closely watched of all economic indicators – stayed firm in February, scoring 56.6. Okay, it

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Business news

Monday’s digest – China looks to welfare, Manchester United looks at leverage, and the BCC looks at the UK’s tax on jobs.

8 Mar 2010 [0 Comments | 199 views]

It’s all kicking off in China. Maybe at last the economy behind the Great Wall is starting to see things the Western way. Well, at least partially, anyway. It was the time of the annual state of the nation address from China’s Premier, Wen Jiabao. As you know, the problem in China is that the economy produces more

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