Blog: July 2018
During the time of uncertainty before a coalition of populist parties formed a government in Italy at the end of May, there was a rapid sell-off of Italian bonds, with the yield on the ten-year Italian government bond hitting 3.2 per cent in early June. In the same period, the Italian benchmark FTSE MIB index declined by 13 per cent compared to a month earlier.
How do you tell a regular trade dispute from a trade war? The trade literature has not developed a textbook definition of the latter so far. However, recent developments on the global trade arena initiated by the current US Administration clearly indicate we’re leaving dispute territory and heading for a full blown war.
Today’s official immigration statistics show a fall in net migration from the EU to 101,000, the lowest level since the year ending March 2013.
In their widely acclaimed 1998 book Inside the Black Box, British educationalists Dylan Wiliam and Paul Black popularised the notion of ‘formative assessment’, highlighting the importance of how teachers provide feedback and use it to adapt their teaching to better meet pupils’ needs.
For more than twenty years, following the pioneering work of Martin Weale and our colleagues, NIESR provided the only published estimates of monthly GDP for the United Kingdom. Starting next Tuesday, 10th July 2018, the Office for National Statistics (ONS) will for the first time publish an official monthly GDP series.