10-26-2015, 11:27 PM
The current generation of U.K. pensioners is better off than ever before, according to new research by an influential think tank, and for the first time those that are retired have incomes higher on average than the rest of the population.
Never had it so good? Pensioners better off than workers
A program of quantitative easing is in place -- the ECB has been buying 60 billion euros worth of assets each month -- and the signs are that this has helped. But expectations of inflation remain too low, and Draghi said he was concerned about new downside risks in the outlook.
Draghi Is Right to Plan More Monetary Stimulus - Bloomberg View
It may be tempting to link this fall in yields to the actions of central banks, but this would be to confuse cause and effect. Lower yields have been associated primarily with lower real interest rates, rather than a decline in inflation expectations, while the decline in policy rates reflected the fact that maintaining stable inflation with output at potential required ever lower short and long-term real rates. In other words, the ‘neutral’ real rate of interest had fallen.
Causes and consequences of persistently low interest rates | VOX, CEPR’s Policy Portal
Some supermarket ready meals contain almost twice as much sugar as a can of Coca-Cola. A study of the contents of pre-prepared supermarket meals shows a wide range of products with worryingly high levels of sugar. A joint investigation by The Telegraph and the campaign group Action on Sugar found a sweet and sour chicken dish sold by Sainsbury’s contained 61.2g of sugar - equivalent to almost 13 teaspoons of sugar
Supermarket ready meals contain double as much sugar as can of Coca-Cola - Telegraph
Portugal has entered dangerous political waters. For the first time since the creation of Europe’s monetary union, a member state has taken the explicit step of forbidding eurosceptic parties from taking office on the grounds of national interest.
Eurozone crosses Rubicon as Portugal's anti-euro Left banned from power - Telegraph