The Fed has gone for quantitative easing. As the FT notes: The Federal Reserve, in one of its most important decision in decades, said it
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Chaos will ensue
As the Guardian notes: Ministers have already earmarked more than 100,000 civil service posts to be cut as the government sets about reducing its administration
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EU Parliament to debate tax and development
The EU Parliament is to debate tax and development on 8 November. Part four of the resolution that has been tabled says: [The European Parliament]
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America opts for irrationality
The US electorate has acted as everyone predicted— irrationally. The ordinary people of the USA have rejected economic policies designed to benefit them – and
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4 million unemployed
The Mirror reports: Coalition cuts could throw 1.6 million people out of work – almost double previous forecasts. The public sector will lose 725,000 jobs
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On QE
One of the biggest questions in economics right now is whether the US will re-start quantitative easing. For many getting their heads round what QE
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