Business Diary: The IEA really proves its worth

Some truly stunning insights from the International Energy Agency yesterday. Fatih Birol, its chief economist, reckons that if we see further deterioration in the global economy the oil price could fall below $70 a barrel (about where it sits now). And if the economy recovers? "If we come back to a situation where the global economic recovery continues, oil prices will rise." It's bold predictions like this that makes the analysis provided by organisations like the IEA absolutely essential to the smooth functioning of the world economy.



Coalition can thank Branson

The coalition will be pleased. Amid all the controversy about yesterday's public spending cuts and the debate over the "tough choices" that will be required when George Osborne unveils his emergency budget, up pops Sir Richard Branson with a message of congratulation to the new Government. Bit late, you might think, given the coalition was formed a couple of weeks ago, but Virgin's first flight between London and Accra, Ghana, just couldn't be brought forward, now could it.



YouGov cheers us all up again

Here's pollster YouGov with some cheerful research suggesting that the cost of dying has, even in these economically strained times, risen sharply. According to something called the National Association of Funeral Directors, the average price of a standard grave has risen 42 per cent in the past three years, with an average rise of 48 per cent and 67 per cent for cremation and the interring of cremated remains respectively. Their suggestion in the wake of this data? Buy an insurance policy. Talk about grave robbery.



Please, no more Tim Larkin

Only in the US could they come up with the sort of lumpen macho madness sold by Tim Larkin. The founder of "Target Focus Training" and the "Ultimate Violence" organisation is apparently gaining quite a following among City workers fearful of the public reaction to their excesses. He's over here in September. Can't we keep these people out?

Start your day with The Independent, sign up for daily news emails
News
ebookA unique anthology of reporting and analysis of a crucial period of history
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

SThree: Trainee Recruitment Consultant

£20000 - £25000 per annum + competitive: SThree: Did you know? SThree is a mul...

Guru Careers: C# Project Team Lead

£55 - 65k (DOE): Guru Careers: A unique opportunity for a permanent C# Develop...

Guru Careers: Graduate Editor / Editorial Assistant

£16 - 20k: Guru Careers: A Graduate Editor / Editorial Assistant is needed to ...

Guru Careers: Software Developer / C# Developer

£40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...

Day In a Page

Raif Badawi: Wife pleads for fresh EU help as Saudi blogger's health worsens

Please save my husband

As the health of blogger Raif Badawi worsens in prison, his wife urges EU governments to put pressure on the Saudi Arabian royal family to allow her husband to join his family in Canada
Birthplace of Arab Spring in turmoil as angry Tunisians stage massive sit-in over lack of development

They shall not be moved: jobless protesters bring Tunisia to a halt

A former North African boom town is wasting away while its unemployed citizens stick steadfastly to their sit-in
David Hasselhoff's new show 'Hoff the Record': What's it like working with a superstar?

Hanging with the Hoff

Working with David Hasselhoff on his new TV series was an education for Ella Smith
Can Dubai's Design District 'hipster village' attract the right type of goatee-wearing individualist?

Hipsters of Arabia

Can Dubai’s ‘creative village’ attract the right type of goatee-wearing individualist?
The cult of Roger Federer: What is it that inspires such obsessive devotion?

The cult of Roger Federer

What is it that inspires such obsessive devotion?
Kuala Lumpur's street food: Not a 'scene', more a way of life

Malaysian munchies

With new flights, the amazing street food of Kuala Lumpur just got more accessible
10 best festival beauty

Mud guards: 10 best festival beauty

Whether you're off to the Isle of Wight, Glastonbury or a local music event, we've found the products to help you
Unai Emery’s passion for winning and eye for a bargain keep Seville centre stage in Europe

A Different League

Unai Emery’s passion for winning and eye for a bargain keep Seville centre stage in Europe, says Pete Jenson
Amir Khan and James DeGale’s remarkable Olympic performances were just the start of an extraordinary journey - Steve Bunce

Steve Bunce on Boxing

Amir Khan and James DeGale’s remarkable Olympic performances were just the start of an extraordinary journey
Abuse - and the hell that came afterwards

Abuse - and the hell that follows

James Rhodes on the extraordinary legal battle to publish his memoir
Why we need a 'tranquility map' of England, according to campaigners

It's oh so quiet!

The case for a 'tranquility map' of England
'Timeless fashion': It may be a paradox, but the industry loves it

'Timeless fashion'

It may be a paradox, but the industry loves it
If the West needs a bridge to the 'moderates' inside Isis, maybe we could have done with Osama bin Laden staying alive after all

Could have done with Osama bin Laden staying alive?

Robert Fisk on the Fountainheads of World Evil in 2011 - and 2015
New exhibition celebrates the evolution of swimwear

Evolution of swimwear

From bathing dresses in the twenties to modern bikinis
Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf