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This year, ms lagarde said there was a marked slowdown in activity and the UK's recent performance was The Christmas season is an occasion you will certainly wish to spend with your friends and family. It is not even the sharing of gifts that matters, although you cannot discount the wide smiles it brings. It is the presence of people you love while you celebrate the summer season?s highlight, Christmas Eve. You should be prepared with many activities that may continue the fun in the air and steer clear of what every host or hostess fears most, which is boredom. One of the wonderful activities you can do is to get everyone sing in unison each of the Christmas songs they know. After August 1987, for example, as the dollar fell, people rushed to buy sterling, the high-yielding currency, which rose from $1.65 to $1.90 in a very short time, up almost 20%. In order to limit the rise in the pound, the UK cut interest rates for several consecutive times between may and June 1988, falling from 10% to 7.5%, with the pound falling every time it cut interest rates. But the pound began to pick up again after the bank of England was forced to raise interest rates several times as the pound weakened too quickly and inflationary pressures increased. Keynes argued that savings and investment were two interdependent variables, not two independent variables. Last year, labour market economist John Philpott found that more than one in five workers, around 7.1 million people, were in precarious employment, up from 5.3 million in 2006. Philip Hammond has been trying to persuade conservatives that tax increases and spending cuts are needed to reduce the deficit.