It is tempting to argue that the quantitative easing (QE) now being adopted in the US and the UK, among others, differs only in degree from the reckless printing of money that contributed to the hyper...

The Bank of Canada cut its key policy rate by 50 basis points today, to a record low of only 1.0, and left the door open to further reductions in the coming months. The close financial and trade links...

With the global downturn still gathering pace, it is far too soon to start positioning for a recovery. Indeed, we now expect GDP in the advanced economies of the G7 to shrink by nearly 2% this year.