Yao Jingyuan predicts economic growth in 2014, but has harsh words for China’s banks PUBLISHED : Tuesday, 24 December, 2013, 7:10pm Jeremy Blum jeremy.blum@scmp.com Yao Jingyuan. Photo: Xinhua The former chief economist and spokesman of China’s National Bureau of Statistics… Read More ›
Interest rate
Euro begins to crash, Eurozone now considering a Negative Deposit Rate of -0.1%
ECB is reportedly considering a negative deposit rate, meaning eurozone lenders would have to pay the ECB to deposit money with it. <!– remove the whitespace added by escenic before end of tag –> By James Titcomb, and Ben Martin… Read More ›
Bank of England mulls negative interest rates
Deputy Governor floats plan that could mean new charges for customers Ben Chu Tuesday, 26 February 2013 People across Britain could see their savings hit or face new charges on their current accounts after a senior official at the Bank… Read More ›
Engineering Evil 