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Costas Milas

Professor of Finance, University of Liverpool

Professor Costas Milas works on issues related to sovereign credit rating decisions. He also works on Monetary Policy issues (such as interest rate setting behaviour) related to the UK, US and Eurozone economies, respectively. He is also researching on debt policies pursued by the Eurozone peripheral economies (Greece, Italy, Ireland, Spain and Portugal).

He holds an MSc (Economics and Finance) and a PhD (Economics) degree from Warwick University. He also holds a BSc (Statistics) from the Athens University of Economics and Business. Before joining Liverpool in 2011, he worked for the Universities of Warwick, Sheffield, Brunel, City and Keele.

For the next prime minister to solve the UK’s productivity problem, they must attract more foreign investment – here’s how

Jun 20, 2024 05:29 am UTC| Economy

The British economy has a serious productivity problem that will have to be addressed by the next government. According to data from the OECD (the Organisation for Economic Co-operation and Development), productivity...

Central Banking Series

Inflation: I've been analysing the Bank of England's forecast over the past two years – here's how they got it wrong

Sep 26, 2023 03:55 am UTC| Economy Central Banks

The Bank of England (BoE) has been strongly criticised for failing to predict the surge in inflation. Had it done so, it could have reacted more quickly and prevented inflation from rising as high as 11% in autumn...

Budget 2020: new UK chancellor unveils £30 billion coronavirus fightback – but debt forecasts look optimistic

Mar 12, 2020 17:31 pm UTC| Economy

With the British public increasingly anxious about the COVID-19 pandemic and business leaders confidence in the economy sinking, it comes as no surprise that the UK budget is a targeted effort to alleviate the economic...

How Brexit uncertainty is hurting the UK economy in four charts

Sep 06, 2019 07:43 am UTC| Insights & Views

Each day brings with it new drama in UK politics and the course of Brexit and its playing havoc with the UK economy. The following four graphs show the extent that the UK is at risk of a recession and I conclude that the...

Brexit uncertainty has hurt UK economy – extending Article 50 could hurt it even more

Mar 01, 2019 14:09 pm UTC| Insights & Views Politics Economy

Three years on from its vote on EU membership and the UK still has little idea what its future relationship with the EU might turn out to be. Under pressure from europhile members of her cabinet, Theresa May has finally...

What moves markets more, Twitter or traditional news?

Dec 16, 2018 13:35 pm UTC| Insights & Views Technology Economy

Can a single tweet make a countrys currency depreciate by 16%? Apparently it did on August 10, when Donald Trump tweeted that US tariffs on Turkish steel and aluminium would rise sharply. Amid 36,100 retweets, and calls by...

Economy

S&P 500 Positioning Hits Three-Year High: Market Trends and Risks

SP 500 Positioning at Three-Year High: Market Risks and Global Trends Positioning in the SP 500 has reached a three-year high, according to Citi strategists. This extended positioning contrasts with other global...

U.S. Stock Futures Fall as Corporate Earnings and Fed Rate Cuts Dominate Market Focus

U.S. Stock Futures Decline Ahead of Corporate Earnings Stock futures in the U.S. edged lower on Tuesday as investors prepared for a wave of quarterly earnings reports. As of 03:30 ET (07:30 GMT), Dow futures dropped 82...

Randstad Reports Stronger-Than-Expected Quarterly Profits Amid Economic Challenges

Randstads Quarterly Performance Exceeds Expectations Randstad, the worlds largest employment agency, announced its quarterly profits on Tuesday, reporting figures slightly above analysts expectations. Despite a...

Boeing's Shares Rise Amid Strike Resolution Hopes

Boeings Share Price Surge Boeing shares rose 3% on Monday, fueled by optimism surrounding a potential resolution to an ongoing strike affecting 33,000 workers. The vote on a new labor contract is scheduled for...

Gold Prices Near Record High Amid Political Uncertainties

Gold Prices Surge Amid U.S. Election Uncertainty Gold prices increased on Tuesday, hovering near a record high reached the previous day due to ongoing uncertainties surrounding the U.S. election and escalating tensions...

Politics

‘Because I Am Up For Election’ – Jon Tester Refuses to Endorse Kamala Harris, Ditches His Longtime Ally!

Montana Senator Jon Tester, a longtime supporter of Vice President Kamala Harris, shocked many by refusing to endorse her 2024 presidential run. On Monday, October 21, Tester told local Montana media that he would not back...

Laid-Off Auto Worker Blasts Kamala Harris' EV Mandate: ‘I'm Voting Trump for the First Time!’ in Michigan Shock

An auto worker in Macomb County, Michigan, recently laid off by Stellantis, is speaking out, directly blaming Vice President Kamala Harris electric vehicle (EV) mandate for his job loss. The worker, who is one of 1,100...

Nate Silver Warns ‘It Feels Like 2016 Again!’ as Donald Trump Steals the Spotlight with Media Stunts in Final Stretch

With just weeks remaining before the 2024 presidential election, prominent statistician and political analyst Nate Silver has sparked a wave of discussion with his latest remarks, comparing the current campaign environment...

Tim Walz Defends Ties with ‘War Hawk’ Liz Cheney: ‘She Won’t Lead Us to World War III!’

Minnesota Governor Tim Walz is facing intense scrutiny over his defense of Liz Cheney, the former U.S. representative from Wyoming and a leading contender for a top position in Vice President Kamala Harriss potential...

Donald Trump Surges Ahead in Arizona Polls by 3 Points! ‘We’re Taking the State Back,’ He Declares at Rally

A new poll conducted by InsiderPolling shows Donald Trump leading Vice President Kamala Harris by 3 percentage points in Arizona. The survey, carried out on October 20-21 among 800 likely voters, has Trump at 50%, with...

Science

Elon Musk Surprised by SpaceX’s Successful First Attempt at Catching Starship Booster

SpaceX achieved a significant milestone by successfully catching the Super Heavy booster during Starship Flight 5, a feat that even surprised Elon Musk. Musk had initially predicted that it would take at least three...

Starlink Services Target South Korea by 2025, Pending Regulatory Approval

SpaceXs Starlink services may reach South Korea by early 2025, contingent on regulatory approval. The Ministry of Science and ICT has initiated key amendments to prevent frequent interference, signaling progress toward...

Nicotine Pouches Skyrocket in Popularity as Youth Tobacco Use Hits 25-Year Low — ‘This Is the New Trend,’ Experts Warn

Nicotine pouches have surged in popularity across the U.S., while traditional tobacco use has hit its lowest point in 25 years. Public health experts are now grappling with the implications of this emerging trend, as a...

SpaceX Sues California Coastal Commission, Alleging Political Bias Over Falcon 9 Launch Denials

SpaceX has filed a lawsuit against the California Coastal Commission, accusing the agency of political bias in blocking several Falcon 9 launches from Vandenberg Space Force Base. The lawsuit, filed on October 15, comes...

SpaceX Shares Breathtaking Images of Starship Flight 5 Featuring Reentry and Stage Separation

SpaceX has unveiled stunning new images from its Starship Flight 5 test, capturing key moments like booster recovery, stage separation, and plasma engulfing the upper stage during reentry. These high-definition images,...

Technology

Nvidia Targets Thailand: December Reveal of Game-Changing Investment Plans

Thailands Commerce Minister announced that Nvidia will disclose its investment strategy during CEO Jensen Huangs December trip to Bangkok. The anticipated move is expected to amplify Southeast Asias allure for global tech...

Apple Vision Pro Not Meant for the Masses, Tim Cook Admits Price Is Too High for Most Buyers

Tim Cook acknowledged that the Apple Vision Pro is not targeted at the masses due to its high price point. Despite poor sales, Apple is working on a cheaper model to be released in 2025, aiming to recapture market...

Solana Shakes Off Pump.fun’s $6.6M Dump, $47M SOL Still at Stake for Whales

Solanas price stayed strong, rising 9.3% for the week, despite Pump.fun selling $6.6 million worth of SOL. With $47 million still held, whales are on high alert for the next market twist. Solana Defies Pump.funs $6.6M...

Shiba Inu’s Shibarium Shocks With 3,370% Transaction Surge—What’s Fueling This Massive Spike?

Shiba Inus Shibarium saw an astonishing 3,370% jump in transactions within days, skyrocketing from 3,690 to over 324,000. The surge hints at growing community adoption, though the exact trigger remains...

BONK Meme Coin Sees 30% Volume Surge After Upbit Listing, Eyes Golden Cross Rally

Upbit has officially listed Solanas meme coin, BONK, for spot trading with the USDT pair, causing a 30% spike in trading volume and a 7% price increase within an hour of the announcement. Investors anticipate further price...