In James Cameron’s ‘Titanic’, Jack (Leonardo Di Caprio) perished while Rose (Kate Winslet) survived. However, when Coutts hit an iceberg, the roles were reversed. BBC business hack Simon Jack remains in post while Dame Alison Rose was effectively forced to resign, despite Nat West’s hapless chairman, Sir Howard Davies, expressing initial confidence in her. I…
Was it a surprise the U.S. debt ceiling was raised? Of course not; there was only going to be one ending to this theatrical stand off and Biden was always going to get his money. Of course, the real issue is when will the U.S. (and the Western world in general) get its house in…
According to the Organisation for Economic Co-operation and Development (OECD), the world will face a ‘significant growth slowdown next year but will avoid a global recession’. We suspect this will prove as accurate as most OECD forecasts, which is not very accurate at all. It is our belief that it is close to impossible for…