Primary navigation:

QFINANCE Quick Links
QFINANCE Reference
Add the QFINANCE search widget to your website

Home > Blogs

Finance and Business Blog


  1. Finance Blogger: Ian Fraser

    As Portugal succumbs to an EU bailout, Spain could be next in line

    When prime minister Jose Socrates formally requested a bailout for Portugal on April 6, it left just two of the five PIIGS countries standing. While the details of Portugal's expected €80bn facility from the EFSF have yet to be hammered out, it left only Italy and Spain still able to refinance their sovereign debt - albeit with significant support from the ECB - from the markets without external assistance. So which of these two Mediterranean countries is likely to be the next domino to fall?

  2. Finance Blogger: Anthony Harrington

    IMF seeks to define the lessons of the crash – part 2

    Part one considered IMF Chief Economist Olivier Blanchard’s view that one of the central lessons from the global crash of 2008 was the complete discrediting of the idea that all central banks have to do to ensure economic stability is to target stable prices by focusing on a two percent inflation target. Blanchard was speaking at a high-powered two day conference in Washington, entitled “Macro and Growth Policies in the Wake of the Crisis".

  3. Finance Blogger: Anthony Harrington

    Spanish banks towing Spain towards the rocks?

    On March 24 Moody’s Investors Services downgraded the senior debt and deposit ratings of the 30 Spanish banks below the big three (Banco Santander, BBVA, and La Caixa). This follows an earlier downgrading of Spanish sovereign debt by Moody's on March 10 and was, in a sense, a logical corollary of that earlier downgrading.

  4. Finance Blogger: Ian Fraser

    'Big Four' auditors on back foot after UK parliamentary report exposes failures

    The report into the audit profession published by the House of Lords economic affairs committee last week signals a major turning point for the accountancy profession. In a previous blog, I wrote that accountancy firms had become "so big, so conflicted, so self-interested, so obsessed with growing revenues and profits ... that they had become a danger to capitalism itself."

  5. Finance Blogger: Anthony Harrington

    The ECB on the brink of another historic blunder?

    A few weeks before the fall of Lehman Brothers precipitated the most cataclysmic destruction of wealth since the Great Depression, the European Central Bank famously raised its base rate, believing that the economy was overheating and inflation was a problem. It then took the ponderous ECB, with its fixation on price stability, months to grasp that it what it should actually be doing under the prevailing circumstances was to cut interest rates to the bone to prevent the EU economy from going into free fall.

  6. Finance Blogger: QFINANCE Editor

    QFINANCE news round up

    Bringing to you the top finance and business news stories of the week. This week, the Libya crisis, the global supply chain, and Chinese Walls.

  7. Finance Blogger: Anthony Harrington

    Why accounting rules and investment logic can, and do, collide

    I am hugely indebted to Jim Fink’s Investing Daily newsletter for picking up on an absolutely daft confrontation between Warren Buffett’s Berkshire Hathaway and SEC accounting branch chief Gus Rodriguez. The nub of the matter concerns an obscure Financial Accounting Standards Board (FASB) ruling, namely Accounting Standards Codification (ASC) Section 320-10-35-33.

  8. Finance Blogger: Anthony Harrington

    Japan’s nuclear disaster gives some countries pause

    No one can look on as Japanese nuclear engineers struggle to prevent further radioactive leakage from the damaged reactor cores of the Fukushima nuclear plants without recognising that some serious questions have been raised over the future of nuclear power. Yet for some countries nuclear provides either the dominant base load generation capacity or such a significant portion of it that moving away from nuclear generation risks paralysing their electricity output, with huge potential costs to industry.

  9. Finance Blogger: Ian Fraser

    The spin-free cycle of Next's corporate reporting bodes well for future transparency

    The chief executive’s statement that accompanies a listed company's annual results is often so laced with corporate spin and disingenuousness that it's as good as useless. The document is increasingly being used to puff (embellish) the past year's performance, to present a distinctly rose-tinted vision of the future, and of course to shy away from telling investors anything about the true risks and challenges the business and its sector face.

  10. Finance Blogger: Anthony Harrington

    Libya crisis of 2011 leaves Italy where?

    Enmeshed as he is in present and pending court cases, the Italian Prime Minister Silvio Berlusconi probably doesn’t have that much time to reflect on whether or not his jolly relationship with Colonel Gaddafi – now admittedly soured beyond salvation - was ever altogether wise. What is certain is that the very substantial bet that Italy placed on Libya is in the process of coming spectacularly unglued at a point in time where the Italian economy really does not need further shocks.

Share this page

  • Facebook
  • Twitter
  • LinkedIn
  • RSS
  • Bookmark and Share

Blog Contributors