Tag Archives: crisis
Vince Cable: Man on a Mission
Britain’s coalition business secretary, Vince Cable, has accepted a recent independent report into the banking crisis, and is eager to implement the long-discussed changes in the banking sector, one of which is separating retail banking from the investment side; the … Continue reading
Britain’s Had Enough
Unprecedented strikes across the UK have sent a direct signal to the coalition government that the unions, pensioners and public sector workers have had enough. These are quite untypical British actions – more akin to the French or any other … Continue reading
Filed under Finance, Government, United Kingdom
Will They Lose the AAA Rating?
There is collective breath holding going on globally, and not just with politicians and economists. The idea that America may default on its debts is already causing an uproar with the populace, the ‘average Joe’ in the US, and is … Continue reading
New Cloud of Doubt at the IMF
The International Monetary Fund is central to Europe’s sovereign debt crisis and amidst escalating criticisms that bail-outs ultimately won’t work, the head of the organization, Dominique Strauss-Kahn, has thrown deeper uncertainty over the Eurozone, by allegations of sexual impropriety. The … Continue reading
Positive Words From The Oracle
An inscrutable recent picture of the world’s wealthiest ‘good ‘ol boy,’ Warren Buffett, eating an ice cream cone with a mild look of derision on his face on the BBC news site, somehow sums up the personality that everyone in … Continue reading
Notes from Old Blighted Blighty
David Cameron’s gift to the UK for Christmas was one that would make a Dickensian bowl of gruel look bountiful. The British are known, not for rioting in the streets like their Greek or French counterparts, but for quiet resolve … Continue reading
Filed under Economy, United Kingdom
Eurozone: Shaken and Stirred
With business analysts busy trying to figure out what impact the Greek fiasco will have on the rest of the Eurozone, the UK, despite a terrible budget deficit (worse than Greece) and a new governmental election that can only be … Continue reading
Filed under Finance, Global Markets
Last of the Cowboy Bankers
I’m struck by the newfound transparency that many financial institutions are forced to embrace, since the sub-prime fiasco began. Now, if you’re a businessman or an economics major, or even a very attuned political aficionado, what governments and investment banks … Continue reading
Filed under Business Commentary, High Finance
Toyota-Gate
The corporate woes of Toyota continue as the Japanese company faces a grueling grilling in front of a US congressional committee. The company’s president, Akio Toyoda’s pride was left below sea-level as he dealt with the investigation into his company’s … Continue reading
Filed under Branding, Business Commentary, Commentary
The Kings of Ch-Ching
The crushing pessimism of Europe’s financial situation cannot be overstated. The Eurozone may recover from the current crisis (albeit in a different guise, hopefully) but it may also ‘infect’ other single currency markets as well. Regardless of speculation, the situation … Continue reading →
Leave a Comment
Filed under Business Commentary, Marketing
Tagged as crisis, Europe, Eurozone, Finance, Louis Vuitton, luxury, Poshville