Economies

What drives economies, and what drives government economic policy? Are there alternative strategies that would achieve the required objectives yet create less disruption? Are the objectives valid? Contribute to The Chief Officers' Network's Economics section and help create the body of work that explains how economics works - and doesn't - and your understanding of the effects of policies and suggestions for improvement. Click on Write for us to find out how.

Economies: US bank trends continue

Another bank closes and more announce plans to restructure.

Markets: China's big day - or not

If you know anything about the Chinese, the chances are that you know that the number 8 is auspicious. So 08.08.08 would be a fantastic day, right?

Economies - NZ: big name fund suspends some withdrawals

Another mortgage-backed fund in New Zealand has announced a suspension of withdrawals - but not for everyone, yet.

Economies: If it's Friday, it's time to close another US bank.

There's not a lot of people saying "TGIF" in the US banking sector for that's the day that regulators announce the banks they are closing as the fallout from bad management continues to bite.

Economies: July's been a remarkably mixed bag

The daily news doesn't give a very accurate picture of the overall performance of markets in turbulent times. But the monthly analysis of major markets shows a remarkable picture.

UK: Coffee shop chain in receivership

Echoing the problems faced by global giants, a Scottish coffee chain has succumbed to the pressures of the economy.

Economies: NZ not safe against turbulence

New Zealand is touted as the poster-child for a successful economy despite interest rates so high theyd get up an astronaut's nose. But behind the smiles, a different story is emerging.

Economies: Canada's house price collapse

Reports in the Canadian media today show a terrifying collapse in the value of property.

Economies: IndyMac is dead, long live IndyMac

The official notice that caused turmoil: "On 11 July, 2008, IndyMac Bank, F.S.B., Pasadena, CA was closed by the Office of Thrift Supervision (OTS) and the Federal Deposit Insurance Corporation (FDIC) was named Conservator.

All non-brokered insured deposit accounts have been transferred to IndyMac Federal Bank, F.S.B. (IndyMac Federal Bank), Pasadena, CA ("assuming institution") a newly chartered full-service FDIC-insured institution."

Economies: UK: 750,000 empty homes and rising – and so is inflation.

 

More evidence that the UK's Labour Party, under the stewardship of Tony Blair and Gordon Brown, has squandered the health economy gifted to them in 1997 comes with a rash of economic data that shows that despite years of good-news stories, the UK economy is actually not merely fragile but broken.

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