Markets all at sea over monetary union
Article Abstract:
The recent crisis on the world's currency market has revived speculation about the future of the single European currency. Some observers believe that the forced devaluations of the peseta and escudo have put an end to plans for a single currency, while others believe that the currency markets have in fact helped those who are trying to establish monetary union, paving the way for a rapid move to a currency union of the most closely connected economies in the European Union.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1995
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World markets set for a year of optimism
Article Abstract:
Most experts see the world economic and financial climate as being generally favourable, with inflation having been brought under control and growth in developed countries having fallen to sustainable levels. Financial markets feel that they will benefit from this situation. However, some analysts fear that recession would endanger agreement on market-friendly economic policies.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1995
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Power, intellect and the management of markets
Article Abstract:
US deputy treasury secretary Lawrence Summers is a key player in the formulation of world economic policy. He has great intellect, and has become extremely powerful. This has led to some observers accusing him of arrogance. He is now focusing on maintaining steady growth and low inflation and on ensuring that isolationist trends are not allowed to develop any further.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1995
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