The Middle East continues to polarise along sectarian lines with Isis’s announcement of the establishment of a caliphate – or new Islamic State. The leadership of this organisation appears to be highly sophisticated and a lot…
February 2014
2013 turned out to be a remarkable year from the point of view of stock market recoveries. Nearly all markets rose, producing gains of between 20% and 30% in general: exceptional growth by any standard. January and February have, of course…
June 2013
The wild card in the world economy is Europe. One can be more sanguine about China as they have huge resource in both financial and, more importantly, senior government intellectual competence. The greatest worry for the rest of the year, and well into next year, will be the European experiment. Youth unemployment in southern Europe, in many areas…
February 2013
The pessimists are emphasising a lack of overall pick up in GDP. This makes for good press headlines and discussion for the pontificating pundits. The GDP is inevitably being depressed as the Government …
December 2012
Politically led witch-hunts of legitimate businesses that are compliant with law but don’t seem to be paying enough tax is undermining the reason why so many businesses come to the UK or are successful in the UK. This is a very dangerous trend, particularly from a Conservative Government…
December 2012
The atmosphere of economic gloom that surrounds western economists and journalists is beginning to feel like a comfort blanket. Those who have to take decisions today about future investment, particularly investments that may take a year or more to mature, have to be exceedingly…