The autumn of 2016 was the warmest ever observed in records going back to 1895 for the 48 contiguous U.S. states, according to data released on Wednesday by NOAA’s National Centers for Environmental Information (NCEI). The nation’s average September-to-November temperature of 57.63°F was a full 1.05°F above the previous autumn record, set way back in 1963, and it was 4.08°F …
Phillip Inman – Why is UK’s productivity still behind that of other major economies?
Extra funds for new roads, research and development and skills training will drive up UK productivity and put the economy in a better position to withstand the looming Brexit shock. That was the central message in Philip Hammond’s autumn statement and went to the heart of a debate about the UK’s low productivity growth, which according to official figures, has …
Commentary: Britain Joins China’s Asian Infrastructure Investment Bank
Despite concerns voiced by its close ally the United States, Britain, a conventional Atlantic force, will become the first major Western economy to join a China proposed financing mechanism, which will explore investment opportunities in, mainly, Asia. Downing Street believes its decision to apply to be a founding member of the China-backed Asian Infrastructure Investment Bank (AIIB) is “in the U.K.’s …