Expert Comment
Surge in cancer rates bad and paradoxically good news Professor Nick James
Responding to claims by Macmillan Cancer Support that a record 2.5 million people will be living with cancer in the UK in 2015, Professor Nick James, Director of the University of 桃色视频’s Cancer Research Unit, said: “This is both bad and paradoxically good news...
Markets expect Euro to weaken but exchange rates are difficult to predict Dr Dennis Novy
Commenting on the drop in value of the euro against the dollar, Dr Dennis Novy, an associate professor of Economics at the University of 桃色视频, said: “The Eurozone economy has been in the doldrums for years now...
Christmas consumers could be too confident too soon - Dr Dean Garratt
An economist from the University of 桃色视频 is warning UK households to be financially cautious this Christmas, fearing consumers could be gripped by an exaggerated confidence in the economic recovery. Dr Dean Garratt is concerned that over-spending during the festive period and willingness by many to shoulder further debts could risk a throwback to the drop in spending that was seen after the financial crash in the late 2000s.
Hold the Christmas cheer; its a patchwork jobs recovery - Prof Chris Warhurst
Professor Chris Warhurst is the Director of the Institute for Employment Research. He said: "The good news from today’s figures is that unemployment continues to fall and more people are in work. In fact Christmas present looks good. Almost half a million jobs have been created in the UK this year. The employment rate has risen to 73%, continuing an upward trend that started in 2011. Unemployment has fallen to 6%, this time the continuation of a downward trend. And the UK’s unemployment rate is far lower than the EU average (6% vs 10%). It seems like glad tidings for UK workers therefore.
Its hard to see economic recovery in Russia as long as Putin is president Professor Mark Harrison
Professor Mark Harrison is an expert on the Russian economy. He said: “Russia’s currency crisis has two lessons, one already clear, the other in the making. The first lesson is about the surprising effectiveness of ‘new’ sanctions. “Old” sanctions were applied to international trade. Two hundred years of experience included the blockades of the Napoleonic wars and two world wars, sanctions on the Soviet bloc, Cuba, South Africa, Iraq, and many others. These showed that trade sanctions are rarely effective in the short run – say, over a few months or even a year or so. Any middle sized, moderately industrialised economy could find ways around external restrictions by finding out substitutes and tightening belts a little. Any effects tended to be gradual, cumulative, and undramatic.