Understanding QE and why it will fail
This amusing little video explains why people are wise to be skeptical about quantitative easing and explains how money printing has never worked in the past.
It is all child’s play if only it were…
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Oil price due for a fall but then another rapid rise
High oil prices in the face of a struggling global economy make no sense. Only speculation is keeping prices up. Take that away with renewed turmoil in global financial markets and the oil price will…
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Black Monday facing stock markets as Ireland and China bite
Stock markets sold off sharply on Friday with Shanghai tumbling over five per cent bringing global equities down from a two-year high and five-week mini-rally.
On Monday we will see if this party is really…
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Friday on the beach at the Jebel Ali Hotel
Dubai hotels are working hard to provide even better value-for-money this season to keep the tourism dollars flowing. Typical is the excellent beach, brunch and spa package at the Jebel Ali Hotel just outside the…
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Abu Dhabi has 40,000 empty apartments, more than Dubai
Official data from the Statistics Centre of Abu Dhabi has revealed that at the end of July the UAE capital city had 40,000 vacant apartments. A brief check today of the Propertyfinder.ae website showed that…
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Arabian equities will rise as QE2 risks Asian capital controls as G20 meets
The G20 meeting of world leaders this week is a talking shop without any mandate, rather like the ineffectual international conferences that followed World War I and led to the Great Depression. But with the…
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Oz tops list of overvalued houses, then HK, Spain, France, Sweden, UK
Australia tops the ranking of countries not to buy a house because of overvaluation on fundamentals according to data compiled by The Economist magazine.
Interestingly after a four year housing recession the USA is now…
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Q3 results from the UAE disappoint investors, what next?
The third quarter results from quoted companies in the UAE have disappointed investors who have pushed up their share prices in a rally since Ramadan. The problem is that the companies traded on local bourses…
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Gold and silver top out, stocks fall and the dollar rises
It took a statement from the President of the World Bank about the need for a new monetary system to include five major currencies and gold to send the yellow metal skywards past $1,400 and…
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Arabian investors have more faith in gold and silver than local stocks
Yesterday local Arabian stock markets sold off and overnight gold and silver prices rose sharply as investors appear to have concluded that after QE2, and more Fed money printing to come, precious metals are the…
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