Alan Shipman

Alan Shipman

Alan Shipman is a lecturer in economics at the Open University.

Research interests:
Personal finance, currently focusing on the disintegration of insurance pools and the disincentives to household saving. Other active interests in: Chinese multinational business; impact of ‘academisation’ on knowledge; social economics; foundations of the market economy.

How vanishing debt costs helped the UK forget about a never-ending deficit

Aug 31, 2017 14:53 pm UTC| Insights & Views Economy

When the UK government found 1 billion to for Northern Ireland to secure Democratic Unionist parliamentary support, critics accused it of turning to the same magic money tree it had previously mocked others for believing...

Banks like RBS still look risky, but getting too tough could cause greater problems

Dec 04, 2016 22:55 pm UTC| Insights & Views Economy

Even in less politically volatile times, the news that the UKs biggest bank, RBS, failed the Bank of Englands toughest ever stress tests would have dampened financial spirits. The bank must now raise an extra 2 billion to...

Why New York rent controls won't work in London

Mar 30, 2016 12:27 pm UTC| Insights & Views Real Estate

Unaffordable rents have put New York Citys fabled diversity and creativity at risk. They have forced artists, small businesses and lower-income households out of the central areas, leaving them a monocultural wasteland of...

Briferendum Series

Boris delivers Brexit body blow for sterling, but long term picture is murkier

Feb 23, 2016 01:01 am UTC| Insights & Views Economy

Most prospective prime ministers would be mildly embarrassed if a boost to their chances made financial markets plunge. But Boris Johnson is doubtless gratified that his backing for Brexit led to the pounds biggest one-day...



RBA likely to adopt tightening policy by 50 bps in 2018, says ANZ Research

The Reserve Bank of Australia (RBA) is expected to adopt a tightening monetary policy in 2018 is boosted by the hawkish shift in the RBAs language. This would reverse the rate cuts of 2016 and take the real cash back to...

New Zealand bonds slump at close after GDT price auction cheers markets

The New Zealand bonds slumped at the time of closing Wednesday after dairy prices rose at the overnight GlobalDairyTrade Price auction, reporting its second consecutive increase. Also, the countrys current account deficit...

New Zealand current account deficit narrows slightly higher than expectations in Q2

New Zealands current account deficit narrowed slightly more than expected in Q2; helped by historical revisions, the annual deficit fell to 2.8 percent of GDP. The seasonally adjusted current account deficit also...

JGBs tad lower post better-than-expected August trade balance data; eyes on BoJ’s policy decision

The Japanese government bonds trade slightly on the downside Wednesday after the countrys trade balance data for the month of August showed exports and imports surging in August, with both beating expectations as a...

Australian bonds plunge on growing investor confidence in the country’s economic outlook; RBA Lowe’s speech in focus

The Australian bonds plunged Wednesday as growing investor confidence in the Australian economic outlook has pushed rates on government bonds up to their highest level in six months. Also, investors will now be looking...


Undocumented youth divided over how to fight back against Trump immigration clampdown

Young immigrants from across the US participated in the first act of civil disobedience by undocumented youth under the Trump administration on July 26 in Texas. After protesters sat in the street outside the state capitol...

India at 70: after the celebrations, single-party dominance menaces democracy

Seventy years ago, Jawaharlal Nehrus famous Tryst with Destiny speech not only marked Indias independence from British rule but also expressed the vision for a united, democratic, egalitarian and modern country. Not...

Can corporate America afford to walk away from President Trump?

After campaigning as the candidate best able to work with business, President Donald Trump has shown he is anything but. A stream of resignations from high-level business counsels hit a crescendo recently when Trump was...

Little prospect of regime change in Russia short of a popular uprising – and that's unlikely

Vladimir Putins power in Russia can often look unassailable. However much Western media might champion potential opponents, the president maintains a tight grip, and its easy to see why. Any successor to Putin who was not...

Warning signs of mass violence – in the US?

There are those who say that comparing President Donald Trumps rhetoric to that of Adolf Hitler is alarmist, unfair and counterproductive. And yet, there has been no dearth of such comparisons since the 2016...


Scientists Create Robots The Size Of DNA Strands That Can Rearrange Molecules

Robots are great for a lot of things and can perform functions that humans would either have a hard time accomplishing or simply would not be able to do. Among the latter case is rearranging the molecules of a living...

China Signs Deal With Israel Over Lab-Grown Meat, Food For The Future

With the world facing the global crisis known as climate change, most countries are doing whatever they can to reduce carbon emissions. However, one of the biggest contributing factors to greenhouse gasses that is rarely...

Denmark Finally Sells Last Oil Company For $7.45 Billion

As a country committed to fighting climate change and reducing its carbon footprint, Denmark is finally selling off the last remaining oil company in the country. The oil firms were owned by A.P. Moller-Maersk A/S and the...

Trump’s Pick For NASA Head Is Not A Scientist And A Prominent Climate Change Denier

The Trump administration has proven to be incompetent in filling crucial roles with qualified people, evidenced by an anti-EPA EPA head and an anti-DOE head of DOE. Now, the president has nominated a non-scientist who is...

Scientists Can Now Bioengineer Lungs, Reducing Potential Deaths Due To Organ Shortage

At this point, its no secret that being placed on the organ transplant list is no guarantee of survival if patients are in need of a new heart, or liver, or lung. One of the ways that this problem can be solved is by...


Apple Watch Has Buggy LTE Connection, Embarrassing Failure

During the recently concluded Apple event where the Cupertino firm unveiled numerous new devices and features, the company touted the special properties of its latest Apple Watch. During the event, Apple repeatedly claimed...

Someone Bought A House In Texas Using Bitcoin

As a major proof that cryptocurrency is catching on and affecting real-world commerce, someone in Austin, Texas just bought a house using Bitcoin. The transaction details are still scarce, but according to the real-estate...

Scientists Create 3D-Printed Synthetic Muscle For Robots

While tech giants like Elon Musk are warning the world against a potential AI apocalypse once machines become more intelligent, some are more concerned about giving robots more tools to become stronger. One group of...

Tesla CEO Elon Musk Criticized By Google Executive Over AI Fears

At this point, Tesla CEO Elon Musk has become the poster boy of cautious artificial intelligence development within the tech community. This has made him a target of those invested in the rapid development of AI such as...

Steam Addresses Review Bombing Issue, Adds Histogram

Theres no doubt that Valves digital distribution platform Steam has a review bombing problem. This is basically where gamers who have a problem with a video game publisher or studio that has nothing to do with the games...
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September 20 15:30 UTC Released

BRForeign Exchange Flows*


2.161 Bln USD



-1.251 Bln USD

September 20 14:30 UTC Released

TRCentral Govt Debt Stock*


820.5 Bln TRY



817.1 Bln TRY

September 21 08:30 UTC 431431m





-0.76 Bln GBP

September 21 08:30 UTC 431431m





-3.912 Bln GBP

September 21 08:30 UTC 431431m




7.100 Bln GBP


-0.184 Bln GBP

September 21 12:00 UTC 641641m

BRIPCA-15 Mid-Month CPI



0.15 %


0.35 %

September 21 12:00 UTC 641641m

BRIPCA-15 Mid-Month CPI YY*



2.60 %


2.68 %

September 21 12:30 UTC 671671m

CAWholesale Trade MM



-0.9 %


-0.5 %

September 21 12:30 UTC 671671m

USInitial Jobless Claims



300 k


284 k

September 21 12:30 UTC 671671m

USJobless Claims 4-Wk Avg




263.25 k


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