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President Obama Calls For the Congress and Americans to Unite

President Barack Obama made an address to the nation Monday about the increasingly dire debt crisis in which he warned that the Republicans' unyielding approach to the U.S. debt crisis was a "dangerous game" and urged Americans to press for compromise.

UK Economy Grows 0.2 Per Cent: Are George Osborne’s Plans Working?

UK Growth figures show that the economy grew between April and June with growth at 0.2 per cent in the last three months. The weak figure from the Office for National Statistics will put pressure on the government to boost growth. Chancellor George Osborne has said that the government will stick to its economic plan "in a world of very great uncertainty." There will now be growing calls from the shadow chancellor, Ed Balls, to adopt a plan B amid fears that the UK can't support the defi...

Docking the Good Ship QE2

Now that we are in the year's second quarter, the end of the United States Federal Reserve's asset purchase program - dubbed quantitative easing two (QE2) - suddenly seems to be rushing toward us. The debate among market participants that remains unsettled is whether June 30th will in fact be the retirement of this form of monetary policy, or will it instead spawn an offspring for another period of time - QE3?

London’s House Price Gains and the Lettings Market

December 2010 saw UK average house prices falling by 0.2% on the previous month for the fourth month in a row. By contrast, London property prices rose by 1% and were up 6.2% up overall on December 2009. In some areas, property prices had risen by more than 10% and the market is now suffering an acute shortage of supply. Some estate agents claim there is now a ratio of five buyers to every one available property within the capital.