Flights of EMU fantasy

Article Abstract:

The UK Government is obligated to declare its intentions concerning its decision on whether to join the European monetary union (EMU) on Jan. 1, 1998. The UK money markets responded positively when it was suggested that the UK may join the EMU. The European bank will need to impose strict interest rates on the member countries to keep nations such as Greece and Italy, which are not managing their monetary policy, in check. The UK Government has to tackle the problems of a high inflation and currency valuation compared to those in Germany before entry into the EMU occurs.

Management, Membership, Monetary unions, European Monetary System

---

Bear necessities

Article Abstract:

Property investment companies should be aware the US economy may start to slow. A decline in the US economy would led to foreign investors reviewing their investments in the US markets, particularly if they are able to achieve better rates in Europe. Americans saved only 0.2% of their disposable incomes in Jun 1998, compared to usual sum of about 4% of their disposable income. There is a threat US economy could eventually suffer from deflation. Asian markets need the US economy to remain strong to help their recovery.

Securities and Commodity Exchanges, Security and commodity exchanges, Securities Exchanges, Investment Offices, Investment Companies, Open-End Investment Funds, United States, Economic aspects, Exchanges, Real estate investment, Real estate investments, Financial markets

---

Deja vu on economic policy?

Article Abstract:

The UK chancellor, Kenneth Clarke, faces slower economic growth and calls for a cut in interest rates. Growth has slowed world wide and looks set to speed up again in 1996, helping UK exports. Personal debt levels are high in the UK and taxes have risen, both factors depressing consumption. Tax cuts are the most attractive option, with a subsequent drop in interest rates, provided markets permit this. Political considerations will influence Clarke's decisions but he is unlikely to go too far in abandoning prudence.

Fiscal policy

Similar abstracts:

• Abstracts: Light and dark. S&N idea on a roll
• Abstracts: King of the catwalk. Are you being served? What future for a used automaton?
• Abstracts: Keeping thieves out of the high-bay. Putting meals on wheels. Demand in the fast lane
• Abstracts: Out-of-town heatwave. Returns on retail is no small beer. The in thing
• Abstracts: Hands-off approach. Diversionary tactics. Remains needn't ruin you

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.