Markets

25 September 2013

US-Europe Relations: Growing Apart?

The U.S.-Europe “friendship” helped shape the 20th century; but as Europe becomes increasingly fragmented – while showing greater divergence to American foreign policy, as demonstrated with the Syrian issue – does a strong transatlantic relationship still bear any significance in...

16 September 2013

The BRICs Party Is Over

Emerging markets are under pressure. This column argues that this is not a mere headwind but that the BRICs’ party is over. Their ability to get going again rests on their ability to carry through reforms in grim times for...

12 September 2013

Why Is Canada’s Military Returning To Asia?

Canada’s new military engagement with Asia represents a shift in its defence policy, after a decade or so of near-absenteeism. But is Canada simply following the whims of American initiatives – the so-called “Pacific Pivot” – or are they serious...

20 August 2013

Is China A Convenient Scapegoat For America’s Economic Woes?

In U.S. history, difficult times have translated to periods of xenophobia, isolationism and protectionism, from the anti-Chinese legislation in the late 19th and early 20th centuries, to the anti-Japanese sentiments in the late 1980s. Today, America’s lingering economic weakness has...

19 August 2013

US Labour Crisis: Where Have All The Good Jobs Gone?

  While the United States had added more jobs in recent months than economists had been expecting, several studies suggest that the U.S. labour market has lost at least 3 million well-paid “good jobs” forever. The bulk of new jobs...

15 August 2013

The Economics Of Global Arms Trade

Weapons are durable products that can outlast even the countries that manufactured them. Weapons also retain their value and are easily converted to cash, which explains why they so readily flow to conflict zones where there is an increased demand...

12 August 2013

Pigs in the Pipeline: Why We Need Them, Where They Fail

New technologies could transform the pipeline sector as operators are now in a position to make huge improvements to safety, moving from "pigging" to other more reliable methods of spotting leaks. But is it sufficient to make regulators and environmental...