Economics

The European Central Bank remains committed to expanding the euro monetary base, as its president affirms its policy is improving European economies. The European Central Bank remains committed to expanding the euro monetary base, as its president affirms its policy...

The continued departure of young men for jihad in Syria is raising alarm in Georgia’s Pankisi Valley, a Sunni Muslim area that allegedly has seen scores of men leave for the war over the past few years. The continued departure...

Globally, water demand is threatening to dangerously outpace supply, while in the US, dry states such as Texas and California are suffering from shortages and the future forebodes more suffering. For the North American shale boom, the lack of water...

Small businesses are turning gloomy and retail sales growth fell short of estimates, indicating the U.S. economy may be weakening. According to a new report by the Census Bureau, sales expanded in March with broad-based gains, although the most aggressive...

Six years after the US economic contraction ended, the Federal Reserve has still not raised interest rates.  Inflation has not accelerated as so many predicted.  The economy is chugging along in an irregular fashion.  The US economy appears to have...

Stung by his complete failure to muster the parliamentary support needed to join in a Saudi-led intervention in Yemen’s civil war, Pakistan’s Prime Minister Nawaz Sharif is now counting the costs of his $1.5 billion folly. Stung by his complete...

The Asian Infrastructure Investment Bank (AIIB) is a far more economically efficient option than the Trans-Pacific Partnership (TPP) for integrating Asian economies to each other and to the rest of the world. While the United States is attempting to thwart...

The recent university terror attack at Garissa on 2 April 2015 marked the highest number of deaths in one single terror attack in the history of Kenya. Surpassing the 67-recorded deaths in the Westgate attack on 21 September 2013, the...

Colorado has famously legalized marijuana in what many consider a grand experiment regarding legitimate drug sales. Moreover, by many accounts, it is a resounding success. However, the legalization of marijuana is about more than just economics. When considering the impact...

Representing a stark contrast between the parties, the Scottish National Party (SNP) stressed the importance private sector reforms, while the Scottish Labour Party promises an end to austerity. The general election will be held on May 7. Representing a stark...

The US dollar has largely been confined to yesterday's ranges, as it consolidates recent gains.  Today's March retail sales report in the US is important.  Retail sales have fallen three consecutive months.  Ideas that this weakness was a function of two...

Workers' wages have stagnated, even as the unemployment rate has plunged to a seven-year low and the economy is bounding ahead. Some people propose raising the federal minimum wage and bolstering labor unions to address slow growth in wages. Workers' wages have stagnated, even...

For seasoned observers of general election campaigns, it is not surprising to see the Conservative Party styling themselves as the business-friendly party. Traditionally depicted as “the party of the rich”, the Conservatives have never struggled to win the support of...

The broadly higher US dollar is extending last week's recovery. In addition to the strong technical momentum, shockingly poor Chinese trade data is bolstering the greenback, which crushed currencies linked to commodities from Australia to South Africa to Latin America....

The key take away from recent developments is that the divergence theme that has lifted the US dollar remains very much in play even after the dovish spin given to the March FOMC meeting and the disappointing jobs data. The...