What now the so-called safe havens are struggling?

     UK The crisis in the eurozone, one of the key threats to the UK recovery, continues to unravel fuelled by the failure of EU leaders to come up with a framework to resolve the region’s woes. The Bank of England’s efforts to stimulate the economy, which has included £275bn of QE, has met with mixed results to date. The various economic indicators – unemployment, industrial output, and consumer demand – point towards a long period of anaemic growth as the economy moves away from debt-driven consumption towards a more balanced export-oriented economy. The current environment...