Energy inflation is the biggest threat to global recovery and needs an appropriate response from policymakers, writes Andrew Sentance
News related to FOC-Project.
Asian stocks are fractionally higher on hopes of continued signs of recovery in the US ahead of a batch of keenly watched housing data
Measures include sharp boost in exports to US for April and May, welcomed by Washington as it battles impact of rapidly rising fuel prices
Investors will be keen for George Osborne to further trim the nation’s debt pile and help maintain the country’s top-notch credit rating
US corporations’ quarterly earnings are set to register their first decline in more than two years, a challenge to a stellar start to 2012