418
Fears in  Scottish Markets
World Economy

Fears in Scottish Markets

A decision by Scotland to break away from the United Kingdom next week could prompt negative market reaction in the short-term due to uncertainty over the country’s future economic policies, World Bulletin quoted the IMF as saying. “The main immediate effect is likely to be uncertainty over the transition to potentially new and different monetary, financial and fiscal frameworks in Scotland,” Bill Murray, spokesman at the International Monetary Fund, told reporters Thursday. “Longer-term effects would depend on the decisions being made during the transition,” he added.

Short URL : http://goo.gl/RzzTMC

You can also read ...

If both sides continue with tit-for-tat tariffs, the inflation would lead to further increases in interest rates  and give rise to disturbances in the currency markets.
The trade war between the US and China risks substantially...
Hong Kong’s GDP fell to 3.5% in the second quarter.
The outlook for Hong Kong’s economy is darkening as rising...
Norway to Surpass Sweden
Sweden’s economic prospects have dimmed in recent months and...
Crypto Market Struggles as Bitcoin Dips Below $6,000
Bitcoin touched below $6,000 and dozens of smaller digital...
China Growth Momentum Slows
China’s economy hit a mid-year rough patch as efforts to curb...
Many emerging market economies are better prepared now because they have a good international reserve position and they allow their exchange rates  to float more freely.
Italian economist Claudio Borio is considered an authority in...
German Economy Beats Forecasts
Unfazed by a mounting number of uncertainties, Europe’s...
Lebanon Economy Struggling
Lebanon’s economy has been in a precarious position in recent...

Trending

Googleplus