Markets

17 December 2012

America’s Real Freedoms: by Jeffrey D. Sachs

America has now suffered around 30 shooting massacres over the past 30 years, including this year’s deadly dozen; each a gut-wrenching tragedy for many families. Today, America’s real freedoms depend on sane public policy and the bloodbath in Newtown is...

11 December 2012

Has the Chinese Economy Bottomed Out?: Michael Pettis

The big news in the last few weeks has been the relatively positive economic data suggesting that Beijing could be in for a rebound. However, the “relief” data tell us nothing about the health of the underlying economy. In fact,...

4 December 2012

Europe Trapped In Economic War Of Attrition: Mohamed El-Erian

Underlying tensions between European countries are gradually emerging as austerity measures imposed by richer economies exacerbate already painful recessions among indebted nations. But while the ECB has managed to stave off an outright economic war between its members for the...

3 December 2012

A Powerless America?

As Washington hunts ill-defined al-Qaeda groups in the Middle East and Africa, and concerns itself with Iran's eventual nuclear potential, it has a much more pressing problem at home: Its energy grid is vulnerable to anyone with basic weapons and...

21 November 2012

Is the RMB Displacing the USD in Asia?: Michael Pettis

What are the odds of the renminbi displacing the dollar, and does China want the yuan to become an international reserve currency? Besides the fact that being a major reserve currency would require the complete liberalisation of the capital account...

13 November 2012

The Rise of the Asian Financial Powerhouse

Asia, as a whole, has witnessed tremendous growth in the past decades and city-states such as Hong Kong and Singapore have since joined the ranks of advanced economies. Asian giants are not only home to the largest number of millionaires...

12 November 2012

What Obama’s Victory Means for Asia

The Obama Administration has made major shifts towards Asia. During his first term, Obama’s foreign policy understood that the best way to manage a fast-growing China is not to contain it, but to ensure that the United States remains aligned...