Reading List: Rising gas prices could cause double dip recession (video edition)
- 12 March 2012
The ECB's cheap loans to banks were a necessary evil because it prevented a full-blown credit crunch in the Euro zone, says Reuters Breakingviews editor Hugo Dixon. Reuters
Stephen Moore, senior economics writer for the Wall St Journal, opines that if gasoline prices reach $5 a gallon, the US could potentially see a ‘double dip recession.' Fox News
Even though Greece secured an historic debt restructuring deal, this report suggests that some analysts are not so confident that banks will want to risk lending money to the Athens government even in the long term. Euro News
Richard Koo, chief economist at Nomura Research Institute in Tokyo, explains why he's bullish about the Japanese economy in spite of last year's earthquake and tsunami. Bloomberg
During a speech about the economy and jobs in Prince George County, Virginia, President Barack Obama hailed another month of job growth and said he was confident there are ‘better days ahead' for the US economy. Associated Press
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- Possible flight disruption from Icelandic eruption - travellers warned to check their insurance policies for exclusions
- Douglas Carswell defects to UKIP
- Woodford sells out of HSBC due to "fine risk"
- Consumers miss out on huge savings by sticking with same providers
- Scottish independence - all others risks pale besides the currency risk
- Surgeons are the most accident-prone drivers
- Half of homeowners would struggle with 1% rate rise
- The current difficulties and dangers faced by investors seeking income
- UK equity funds prove popular with investors