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In the first three months of the year exports of chemical and pharmaceutical products fell by more than 11 per cent on the same period in 2012 Exports subdued but strengthen for second consecutive month
In Ireland, as in most European countries, the banking system is the most important conduit for channelling money from savers to investors. If the most important part of the financial system is impaired, under-investment follows, leading in turn to sub-par economic growth Too little credit or too few entrepreneurs?
The ECB is concerned that banks are not lending to smaller businesses in the euro zone periphery. Photograph: Bloomberg ECB ‘can only do so much to help SMEs’
Martin Weale, a member of the Bank of England’s nine-strong Monetary Policy Committee, said policymakers should tread carefully over flexibility in newly reworded mandate to help growth. Photo credit should read: Yui Mok/PA Wire BoE ‘must tread carefully’ with inflation approach
More US consumers gave a favorable view of their personal finances than in anytime since 2007. US consumer sentiment near six-year peak
A Walrus sits on a melting ice shelf in the Chukchi Sea. The earth’s atmosphere is warming faster than expected and evidence is mounting that sea levels could rise between nine and 88cm up to 2100. Photograph: Reuters Market blinds us to dangers of climate change