Topic: British Pound
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Stocks recede from record levels
Stocks fell from record levels Thursdays, with markets ending the day slightly lower. A decline in Americans applying for unemployment benefits failed to give stocks a boost.
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Energy Voices How North Sea oil helped Margaret Thatcher
While Margaret Thatcher was reforming Britain's economy, new oil discoveries in the North Sea were turning the nation into an energy powerhouse. The surge in resources and employment softened the oil-price shocks of the late 1970s and helped Prime Minister Thatcher pull the country out of economic stagnation.
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Focus Bread riots or bankruptcy: Egypt faces stark economic choices
Egypt needs IMF money to stay afloat, but the international lender is demanding tough subsidy cuts from an already-embattled government.
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Backchannels Egypt's economy is collapsing, and no one is stopping it
Egypt's economic problems do have a possible solution: politics. But Egypt's politicians are failing.
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Backchannels In Egypt a new cabinet, but same old IMF problem
A day after President Mohamed Morsi reshuffled Egypt's cabinet, an IMF representative was in Cairo to discuss a $4.8 billion loan. But the cost of that needed cash appears steep.
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IMF arrives in Egypt in effort to head off currency crisis
Leading bank HSBC said that a $4.8 billion International Monetary Fund loan is 'the only thing' preventing Egypt from a currency crisis brought on by post-revolution political upheaval.
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Backchannels The drip, drip, drip of Egypt's bad economic news
The Egyptian pound has tumbled in recent weeks, but it could go much further. Here's why.
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Stefan Karlsson Japan's new inflationary strategy: wrong target
The cause of Japan's deflation isn't monetary, it's demographic. Inflationary policy won't work in the long term.
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Opinion: What if Britain left the European Union?
Amid the debt crisis in Europe, Euro-skeptics in Britain are dominating public discourse. British Prime Minister David Cameron is publicly hinting at a referendum on membership in the European Union. But remember, Britain, if you leave the EU, it's cold out there.
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Groupon shares: Suddenly cheaper, but a good buy?
Groupon shares fell 27 percent in trading Tuesday after the company reported its first decline in gross billings. Groupon shares are now down 72 percent from their IPO price last November.
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Stefan Karlsson Bullish in Britain: Will lower inflation boost the UK economy?
The British pound's appreciation relative to a struggling euro means that inflation in the country is finally starting to decrease. Some economists are taking this as a sign the UK market may be turning a corner, as it signals an increase in consumer purchasing power.
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Stefan Karlsson Safe haven? Hardly. Why the pound is overvalued.
Bonds from Britain are still considered smart investments, since the country is a "safe haven," despite the fact that Britain a both large debt and deficit, as well as a central bank that relentlessly tries to lower the value of its currency.
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Euro rally fades after Spain bank rescue
Over the weekend, European countries agreed to lend up to $125 billion to Spain to help its crippled financial industry. Traders are concerned that it's only a temporary fix for the European debt crisis.
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Latin America Monitor Disappointing month for foreign investment in Cuba
Foreign companies look to be pulling out of oil exploration in Cuba, and Havana Club rum is fighting to retain its name in US markets, writes a guest blogger.
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Stefan Karlsson 'Safe havens' starting to look a lot less secure
Continued worries about Spain and Greece, increasing signs that the weak US recovery is getting weaker and indications that the euro area slumps are deepening push down bond yields in perceived "safe haven" countries.
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Stefan Karlsson Europe can strengthen Greece without weakening Germany
Some experts warn that Greece can't reduce its current deficit unless Germany and other better-off nations reduce their surpluses. Here's why they're wrong.
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Scotland talks independence – but can it afford it?
With a vote on Scotland's independence from the UK becoming more inevitable, Scots want to know how an independent Scotland would pay its bills.
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Stefan Karlsson Yearly roundup of world currencies: The yen, the rupee, and everything in between
How 14 of the world's largest currencies fared against the dollar in 2011.
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Cameron's EU veto stirs discontent (VIDEO)
British Prime Minister David Cameron today defended his veto of greater EU fiscal integration as a protection against London's financial sector.
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Forex trading: Euro lifts, Italian bond yields ease
Forex trading grows more interesting as news rolls in from Italy, Greece, and the UK. Both the euro and British pound rose in Forex trading.
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Silver prices, gold prices on the rise
Silver prices, as well as the prices of gold, platinum, and diamonds, rose on Tuesday, amid a declining confidence in the US dollar. Rising gold and silver prices reflect heightened anxiety among investors.
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Five ways US default would hit your pocketbook
With the possibility of America defaulting on a debt payment just days away, Americans are hoping for the best but bracing for the worst. Lawmakers are raising alarms. Some investors are scrambling to the safety of gold and foreign currencies. What would a US default mean for the American consumer? Here are five ways it would hit your pocketbook:
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What President Obama can learn from Ireland
Mr. Obama's visit to Ireland last month offered the chance to absorb three lessons. Did he learn them?
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IMF gives Egypt $3 billion loan. Is it enough?
Egypt's $3 billion IMF loan will buy time for a government whose finances are wracked by investor fears and political upheaval. Tourism was down 46 percent in the first quarter of 2011.
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Weak dollar gets boost from Europe's debt problems
Weak dollar: The dollar, like the yen and Swiss franc, often gains when weak economic figures triggers investor worries about the global recovery or when geopolitical tensions make traders cautious.
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