Growth in the UK has deteriorated for the sixth consecutive month while the global recovery has peaked, according to the Organisation for Economic Co-operation and Development (OECD).
Major companies favoured by leading European fund managers are facing severe price pressures as the global flight to safety propelled the Swiss franc to new heights today.
Emerging markets are by no means a safe haven, but the problems these countries face are minor in comparison to those of the more developed world, writes Jerome Booth, head of research at Ashmore Investment Management Limited.
Prudential Portfolio Management Group's Andy Brown believes it is not too late to contain the contagion threatened by Greece's default.
One of my favourite films from the early 1980s is "The Long Good Friday". Despite the fact that Bob Hoskins' character is a top London gangster, one warms to his personality. And, in the final scene of the film, one even has pity for his predicament....
Premier's Simon King says UK firms need to look beyond the UK to prosper.
The National Institute of Economic and Social Research (NIESR) has forecast UK GDP will begin to pick up during the next two quarters but will not reach the government's 1.7% target.
President Barack Obama has announced a deal to end the US debt crisis, which will raise the nation's debt ceiling by at least $2.1trn and cut the federal deficit by as much as $2.5trn over a decade.
The UK economy will only grow at a "sluggish" rate this year, according to the CBI.