Recent Posts

Are days of UK property booms and busts over?

  Has the UK property market moved beyond cycles of boom and bust? London house prices soared in the aftermath of the financial crisis but have since largely flatlined. Now real estate throughout the UK is facing stiff headwinds, and the red flags are popping up. Interest rates are rising and economists expect more increases. Buyer inquiries fell in May ...

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Europe needs a better nuclear deterrent now

  Russian President Vladimir Putin has catapulted a European debate long relegated to footnotes right into the headlines. Does “Europe” need its own nuclear arsenal to deter a potential Russian strike, now or in future? During most of the Cold War and the years since, that question seemed settled. The European Nato members are meant to shelter under America’s nuclear ...

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Airline industry predicts profit in 2023, defying slowdown

Bloomberg The airline industry will return to profit next year as pent-up demand for travel sustains bookings even as the global economy tightens, the International Air Transport Association (IATA) trade group predicted. Losses this year are likely to total $9.7 billion as air travel begins its recovery from the coronavirus crisis, IATA said in an update at its annual meeting, ...

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