International Monetary Fund

BAA, the owner of Heathrow and Stanstead airports, has reported a rise of 3.4 per cent in passenger numbers in October, thanks to a recovery in the number of business travellers.

In a small corner of the Financial Times on Wednesday, 14 July 2010, Eamon Quinn reported that the Economic and Social Research Institute (ESRI), Ireland's leading economics think-tank, was urging the Irish Government to pursue a firm austerity budget. In order to maintain the confidence of the sovereign debt markets, the Government needed to cut the deficits "rather than loosening spending to boost economic growth". At about the same time in July, Dan Boyle, Chairman of the Green Par...

Shares in British banks were mixed in morning trading on the FTSE 100, with Barclays and RBS shares dropping amid concerns about the eurozone and the state of the global economic recovery.

Shares in British banks were broadly down on the FTSE 100 in morning trading after gains made earlier in the week.

Shares in British banks were soaring on the FTSE 100 in morning trading after a dismal performance last week was eradicated by U.S. company news and the IMF.

The Prime Minister of Spain, Jose Luis Rodriguez Zapatero, has denied rumours that his nation is on the verge of asking the IMF and the EU for a bailout, despite a visit by the head of the IMF, Dominique Strauss-Kahn.

In 1971, the Bretton Woods Gold-Dollar exchange rate system broke down, bringing in an era of floating exchange rates with all their uncertainty. Governments, especially the USA's and UK's may have been relieved of defending a particular parity by having to take deflationary action but this simply passed the burden on to trade and industry. As rates of exchange might vary at any time, both exporters and importers feared exchange rate losses, so increasing risk and uncertainty in the busi...

Beware of Greeks bearing gifts? It has been touch and go this past month or so as to whether or not a wooden horse would make a suitable coffin for the euro. The EU itself has been shaken at its very core by a rift between President Sarkozy of France and Germany's Chancellor Angela Merkel when, was been reported, the French President banged his fist on the table and threatened his country would pull out of the euro if Germany did not give its full backing to a rescue/bailout package for Gre...

Shares in British banks were up on the FTSE 100 as investors quietly grow in confidence after eurozone finance ministers appeared to solidify a deal aimed at preventing the spread of Greece's sovereign debt crisis.

The euro fell strongly against the dollar on Monday morning due to ongoing fears over sovereign debt within the eurozone.