Newspaper article from our research archive:
|
|
Unlike the 1970s, the world is now able to withstand the oil price shock
- Article from:
-
The Independent - London
- Article date:
-
July 3, 2008
- Author:
-
|
Copyright informationCopyright 2008 The Independent - London. Provided by ProQuest LLC. (Hide copyright information)
|
Is it the 1970s all over again? In the past few days we have
heard that refrain more and more often, including the version from
the housebuilders that for them this is worse than the 1970s.
Most people who are making these remarks were not in jobs or
buying houses in the 1970s, so they don't remember what it was like
to try and cope with the inflation and the strikes that
characterised that period.
Still, the surge in the oil price has brought it in real terms
higher than its level of the late 1970s, and though the world
economy has become more energy-efficient since then, the proportion
of world GDP accounted for by oil is as high as it was then.
What has not happened has been the ...
Related newspaper, magazine, and journal articles:
|
Central banks cut interest rates; more cuts to come.(Network)
The Mercury (South Africa);
March 5, 2008 ;
349 words
......persisted, especially in the developed world. The most recent United...3% and is likely to ease interest rates some more over coming months...hawkish rhetoric and kept interest rates on hold, and in Japan the...African Reserve Bank kept interest rates on hold and a ...
|
|
Thinking about rising interest rates.(Viewpoint)
Ivey Business Journal Online;
May 1, 2004 ;
700+ words
...Interest rates are extraordinarily low. Executives should pay heed. Interest rates are a crucial consideration in many important...period of rising, and possibly quite unstable, interest rates. The positioning options are not all that many...
|
|
Neither a borrower nor a lender be. (interest rates)
The Economist (US);
August 13, 1988 ;
700+ words
......replaced exchange-rate ones in the setting of interest rates. How effective are interest rates at checking growth in-domestic demand...chancellor of the exchequer. He raised interest rates for the seventh time in three months. A...
|
|
Texas Investors, Business Owners Have Different Takes on Higher Interest...
Knight Ridder/Tribune Business News;
May 23, 2004 ;
700+ words
......Holmes' point of view, higher interest rates can't come soon enough. We're waiting with bated breath for interest rates to go back up to some reasonable...Merrell's point of view, higher interest rates couldn't come at a worse time...
|
|
Outlook: UK interest rates
The Independent - London;
December 8, 1998 ;
457 words
......Policy Committee play Santa and cut interest rates this week? If they don't, the...they play Scrooge? Short-term interest rates in Britain are now some of the highest in the developed world, so the debate is no longer about...of small steps. Big changes in interest ...
|
|
This is a low; Interest rates have fallen sharply over the last decade,...
Money Management;
March 1, 2003 ;
700+ words
......Elsewhere in the developed world, interest rates are extremely low...inflation and rising interest rates. On the other hand...markets rebounding and interest rates remaining within...current 4% to 5% band. Interest rates might even be cut...in which case ...
|
|
Fascination with interest rates.(Opinion & Editorial)
Manila Bulletin;
March 30, 2004 ;
571 words
......which our fascination with interest rates is expressed. In populist circles...still hear the desire for low interest rates avowed. That desire stems from...public debt is to cut down interest rates. Some politicians occasionally...
|
|
Out of Greenspan's hands: American investors reckon that the Federal...
The Economist (US);
October 27, 1990 ;
700+ words
......consumers are all pressing him to cut interest rates soon, to prevent the American economy...Congress and the White House, they expect interest rates to fall swiftly. Do not bank on it...than most economists expect for high interest rates to slow the economy; stimulating the...
|
|
Low interest rates cause jump in mortgage refinancing
The Mississippi Business Journal;
November 16, 1998 ;
700+ words
...Lower interest rates have dramatically increased mortgage...expansions. "The continued lowering of interest rates has served to shore up the housing...Probably, without the lowering of interest rates, we would have seen a continued...
|
|
Economists, analysts see interest inching up, hitting stores. (interest...
Daily News Record;
April 18, 1988 ;
700+ words
......economists and financial analysts expect interest rates to be heading upward later this year...for retailers. I have a feeling that interest rates will probably drift upward slowly...retailers, Schaadt said, is that higher interest rates make it more expensive to carry inventory...
|
|
Federal Reserve frustrated in effort to raise interest rates.
Portland Press Herald (Portland, ME);
May 10, 2005 ;
700+ words
......Bank's nearly yearlong effort to raise interest rates, designed to stave off inflation without...a hard time taking hold. Long-term interest rates, including mortgage rates, by all rights...long-term rates to follow the short-term interest rates that the Fed directly controls. But...
|
|
Long memory in the interest rates in some Asian countries.
International Advances in Economic Research;
November 1, 2003 ;
700+ words
......the stochastic behavior of short run interest rates in some Asian development countries...orders of integration of the short run interest rates in Singapore and Thailand are strictly...The analysis of the persistence of interest rates constitutes a major question in the...
|
|
Mean reversion in interest rates: new evidence from a panel of OECD...
Journal of Money, Credit & Banking;
November 1, 1996 ;
700+ words
......in the time series properties of interest rates, with particular attention being paid to the issue of whether interest rates can be characterized as unit root or mean-reverting processes. If interest rates contain unit roots, then a one-time...
|
See all results.
Or, try our
Advanced Search.
|