News
Inflationwatch
UK inflation falls again to 4.2% in December
January 2012
The new austerity
The economy, the cut-
October 2010
Behavioural economics
Some pointers for the wealth management industry
July 2011
Greece
The crisis and its implications for British business
May 2011
The latest eurozone deal
Businesses beware -
November 2011
The view from Washington
Future policy directions for government from the IMF
April 2010
The new world order
Eight trends to frame corporate strategy
November 2010
Debt & disappointment
Are industrialised economies destined for low economic growth?
February 2012
2012 Foresight First © Terms and conditions
The global economy
|
Annual % |
GDP |
CPI |
|
UK |
0.9 |
4.2 |
|
Eurozone |
1.4 |
2.8 |
|
Germany |
2.5 |
2.0 |
|
US |
1.6 |
3.0 |
|
Japan |
- |
- |
|
China |
8.9 |
4.1 |
|
Russia |
4.8 |
6.0 |
|
India |
6.9 |
6.5 |
|
Brazil |
2.1 |
6.5 |
|
Australia |
2.5 |
3.1 |
World markets
|
|
Latest |
One week |
|
FTSE 100 |
5,901 |
+167.6 |
|
DJIA |
12,862 |
+201.8 |
|
Nikkei 225 |
8,832 |
- |
|
DAX |
10,414 |
+473.5 |
|
CAC 40 |
3,428 |
+109.2 |
|
FTSE MIB |
16,440 |
+492.7 |
|
SSEA |
2,441 |
+11.8 |
|
BSE Sens |
17,605 |
+371.0 |
|
BVSP |
65,217 |
+2,313.2 |
|
RTS |
1,626 |
+59.8 |
The latest euro deal
Announced just before dawn on 27th October, the eurozone’s “comprehensive” set of measures were nothing of the sort. The deal has prevented a second credit crunch but has sidestepped the eurozone’s core problems.
The debt crisis will persist in some form for a decade and possibly longer. In the meantime, additional costs will accrue to businesses as higher taxes, higher payroll and borrowing costs and less liquid credit markets.
The eurozone has just become a less attractive place to operate in.
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