Tag Archives: Euro

FSA chief admits wrong about urging UK to join the Euro

Lord Turner, the Chairman of the Financial Services Authority, has publicly stated that he may have been wrong about pushing the UK to adopt the Euro stating that he did not predict the sovereign debts of the EU and the … Continue reading

Posted in Economic News | Tagged advocates, bank failures, brink, coordination, debt crisis, debts, decade, dissolution, economic policy, enlightenment, Euro, euro bank, eurozone, exchange rates, faults, financial services authority, living in the uk, nerve, productivity, single market, sovereign debt, UK | Leave a comment

Gold Prices Rise as Value of the USD Decreases Further

Gold prices rise as value of the USD decreases further The value of gold increased dramatically in the last two weeks whilst the value of the US Dollar simultaneously decreased. This has continued the trend of investors favouring this precious … Continue reading

Posted in International Business | Tagged Comex, Economy, Euro, Europe, Gold, US Dollar | Leave a comment

Euro zones faces its biggest challenge

Euro zones faces its biggest challenge yet The euro zone should hold good in the crisis of the national debt as it currently experiences its largest storm since its creation eleven years ago. However, the option of an exit from … Continue reading

Posted in Economic News | Tagged Currency, Euro, Financial Crisis, Germany, Greece, Spain | Leave a comment