Featured Articles

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    Asia Economy
    Can Asia Overcome Its Vulnerability To The European Crisis? : Stephen Roach
    By: Stephen S. Roach | Date: 30 May 2012

    With the exception of Japan, the rest of Asia came through the 2008 financial crisis with relatively little damage. But for the second time in less than four years, the region now faces another major external demand shock, which could turn a mild recession into something far worse.Read more

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    World Economy
    Co-opting Cooperatives In The Modern Economy: Mahmoud Mohieldin
    By: Mahmoud Mohieldin | Date: 29 May 2012

    The cooperative movements, which began in the 1800s, have sometimes struggled to live up to their ideals. Some fall victim to bad politics, weak governance, or mismanagement, while others are exposed to risks stemming from over-concentration. But as we search for innovative solutions to today’s development challenges, we should consider what the cooperative movement can offer and figure out how to facilitate the spread of cooperatives’ best practices while avoiding their common pitfalls.Read more

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    Europe Economy
    Spain in Pain: Why Leaving the Euro Is The Lesser of Two Evils: Michael Pettis
    By: Michael Pettis | Date: 28 May 2012

    As recently as six months ago, one didn’t discuss in polite company in Madrid the possibility that Spain would leave the euro and restructure its debt.  The prospect was unthinkable and like many unthinkable things it could not be discussed. But perhaps things have changed.  If responsible policymakers, advisors, the press, and public intellectuals are indeed discussing and debating the future of the euro now, a real and open debate about Spain’s prospects will quickly move the consensus towards abandoning the euro.Read more

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    Companies & Investments
    Google Gone Green: Can Google Be An Advocate For Renewable Energy?
    By: OilPrice.com | Date: 25 May 2012

    As a major consumer of energy, Google’s recent efforts to go green are seen as a welcome step by the environmental advocates, who see the Internet giant as an important future player in the renewable energy industry. But can Google really capitalise on its momentum and become an influential figure in energy policy?Read more

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    Greece Economy
    Greece’s Fallacious Four – The Main Culprits Of The Greek Tragedy: Mohamed El-Erian
    By: Mohamed A. El-Erian | Date: 24 May 2012

    With a traumatic implosion – economic, financial, political, and social – now taking place in Greece, we should expect heated debate about who is to blame for the country's deepening misery. There are four suspects – all of them involved in the spectacular boom that preceded what will prove to be an even more remarkable bust.Read more

    • Debt is the fatal disease of republics, the first thing and the mightiest to undermine governments and corrupt the people.
    Wendell Philips
    He who controls the money supply of a nation controls the nation.
    James A. Garfield
    The moment that government appears at market, the principles of the market will be subverted.
    Edmund Burke