White supremacy. Islamic extremism. Christian fundamentalism. Racial hatred. These are some of the terms that come to mind in light of the high-profile terrorist attacks unfolding across the globe. Recent attacks in France and Germany suggest that violence is on the rise and media coverage is littered with new terror attacks every week. Continue reading “Je suis…qui? Mapping global terrorism”
In my last article, Negative Interest Rates: Who’s Interested?, I touched upon the potential negative impact the current interest rate environment can have with regards to asset bubbles and large debt burdens. However there is also scope to focus on the impact low interest rates can have on the average household. Continue reading “Lost Savings Habit”
Brexit continues to ask a number of important questions about where exactly the U.K. is heading, including the significant matter of Scotland’s position within the Union. Given Theresa May’s swift leadership victory and EU reluctance to drag out negotiations longer then necessary, the Scottish government may have some big decisions to make in the short to medium term. Continue reading “Brexit: Impact on Scotland”
Wednesday marked a key moment for the German 10-year government bonds (or bunds as they are known). While they have been trading at negative yields for a while now, it was the first time that a new Bund was issued at a negative yield. This implies that investors now effectively pay Germany to borrow their money. Continue reading “Negative Interest Rates: Who’s Interested?”
On July 6, 2016 Sir John Chilcot published his findings into the circumstances of the U.K.’s decision to go to War in Iraq. Commissioned by then Prime Minister Gordon Brown in 2009, the report investigates one of the most controversial decisions made by a British government in recent years. Continue reading “Chilcot Inquiry: Why did Britain go to war in Iraq?”
Venezuela, a country with a population of around 30 million people and one of the largest oil reserves in the world, has been experiencing an extremely difficult period of economic and political stresses. The economy, which shrank in 2014, has registered 10% contraction in GDP in 2015. These stresses show no sign of abating with rampant hyperinflation impacting food prices and causing food and other basic goods shortages across the country. For example, toilet paper and soap are in such short supply some hotels are asking guests to bring their own.
Continue reading “Venezuela: Economic Crisis Continues”
The U.K. referendum on EU membership sent shockwaves across the globe on the morning of June 24, 2016. Brexit is set to have a significant impact on the economic and political stability of the U.K., Europe and the wider world. Investors immediately sought refuge in perceived “safe haven” assets, sending German 10 year bunds to a record low of minus 0.17 per cent. Almost all of Switzerland’s yield curve (excluding the 2064 maturity bonds) was pushed into negative territory. Continue reading “Brexit: Impact on Ireland”