Globalisation has come a long way fast, and many of the factors driving local inflation are now global in nature. But where will they go from here?
Impact on Spain's credit rating
Inflows over August and July
Jason Broomer, head of investment at Square Mile Investment Consulting & Research, asks what can be done to stop the euro from driving the European Union towards breaking point.
There are many imbalances around the world, but there are two colossal surpluses and two large deficits which stand out, writes John Redwood, Charles Stanley's chief global strategist.