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Tag: charts

Argentina – the crisis in six charts

Argentina – the crisis in six charts

Business
Argentina is once again looking into the barrel of an economic crisis. The currency is sliding, inflation rising and there could well be a recession in the making. The International Monetary Fund (IMF) is providing an emergency loan. It's all happening under a government that was seen by the international financial markets as offering Argentina new hope, one which, under the leadership of President Mauricio Macri, held out the prospect of stability and sustainable market-oriented economic policy that could begin to reverse a century of poor performance. We look at six factors which have helped drive the crisis. Peso plummetsIt has been a grim year for the Argentine economy and the national currency, the Peso. Almost all emerging ...
3 charts that show why the US should stop ignoring its debt problem

3 charts that show why the US should stop ignoring its debt problem

Finance
By most measures, the U.S. economic outlook is bright. GDP (gross domestic product) growth could exceed 4 percent in the second quarter, unemployment is at decade-lows and wages are ticking up. But one figure paints a darker picture: U.S. national debt. Gross federal debt stands at a massive $ 21.2 trillion. Economists and policymakers are increasingly urging the U.S. government to address the debt now while the economy is on solid footing and before the next crisis hits. "Even if you think that public debt just doesn't matter to economic outcomes, the thing you have to...
Donald Trump and the US economy in six charts

Donald Trump and the US economy in six charts

Business
Donald Trump took his place in the White House exactly one year ago. Since then he has repeatedly claimed to be behind a new rise in the American economy. Here, six charts explore his relationship with US growth, the labour market and trade.1. The American economy is growingDonald Trump has spoken of his desire to turbo-charge the US economy to a growth rate of as high as 6%.The latest figures, released by the US Department of Commerce in December, show that it grew at an annual rate of 3.2% in the third quarter of 2017. However, after the US central bank, the Federal Reserve, raised interest rates for the third time in 2017 in December, it is possible growth will slow in the coming months.2. US stocks have had a record runThe Dow Jones Industrial Average - which follows the shares of 30 m...
Men's Fashion Week: How Tinie Tempah went from charts to catwalks

Men's Fashion Week: How Tinie Tempah went from charts to catwalks

Entertainment
It's not often you get to interview one of the UK's most successful musicians in a west London bathroom.But with just days to go until Tinie Tempah's catwalk show for London Fashion Week Men's (LFWM), there's limited space at rehearsals.Packed clothes racks and paper sketches fill the top floor room of the 29-year-old's studio in Holland Park, as models mill around trying on their outfits.There's so much going on that the easiest (and quietest) place to conduct an interview turns out to be a small washroom, where we take shelter to discuss Tinie's latest collection for his clothing label, What We Wear.The musician unveiled his first collection for the brand last year, but he has been an ambassador for LFWM since its launch in 2012 - a period he thinks was pivotal for men's fashion."I think...
Buying and renting: Your biggest financial decision – in 10 charts

Buying and renting: Your biggest financial decision – in 10 charts

Business
Buying a home is the most significant financial decision in most people's lives. For tenants, paying the rent is the biggest monthly outgoing.So it is little wonder that house prices are an obsession for some, and a source of frustration for others.The financial crisis had huge implications for those wanting to buy or sell property.Here is the story of what has happened to the UK housing market in the past 10 years. 1. House prices are rising... or are they?The price of the average UK home has risen in the past 10 years, as you would expect. Prices of goods and services in general, as measured by the Consumer Prices Index measure of inflation, have increased faster.So, in real terms, the average UK house price has fallen compared with a decade ago.2. Price rises or falls depend on where yo...