7th October 2011
On the day that the Bank of England injected a further £75 billion into the UK economy, its Governor, Mervyn King told ITV News that the current squeeze is "unlikely to continue."
Economist Jeffery Sachs (Reuters) on the Wall Street Protests: "American values stopped feeding into political outcomes because the politicians are really feeding at the trough of the big money. It's the big money and corporate interests that are paying the politicians."
"Manufacturing returns to the U.S." is not a quote you would hear these days given the way globalisation has took off in the past few decades. But John Bussey of the WSJ reports that more manufactures are now choosing the US over China.
"The Bank of Japan is still sitting on its hands and the main reason is that basically, the economy is bottoming out." Martin Schuluz, economist at Fujitsu Research Institute, tells CNBC why the Japanese economy needs more support but is unlikely to get it.
With the US Presidential election a year away, Steven Levitt of Freakonomics explains why economists don't bother to vote. "A lot of economists are embarrassed about it because the rational side of view says that there's no way my vote will be the deciding one."
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