Markets

In the aftermath of its disastrous invasion of Iraq back in 2003, the U.S. has learnt critical lessons on the consequences of intervention, which has led to the emergence of a new foreign policy doctrine based on 'reality'. As demonstrated...

In order to argue that we will not see a sharp slowdown in Chinese growth, it is not enough to claim that some expert or institution has predicted that Chinese growth will not slowdown. Neither can we hold on to...

Governments and economists around the world have not figured out that what the world economy is suffering from, to varying degrees, is “high-priced fuel syndrome“. With the world now running short of cheap energy, especially cheap oil, are countries still...

Although European leaders are scrambling to avoid a cataclysmic economic fallout, Asia is now eyeing Europe’s prospects with nervousness and suspicion. Asian markets, in particular China, are increasingly frustrated and impatient with the lack of clear policy and rescue direction...

Central banks on both sides of the Atlantic took extraordinary monetary-policy measures in September, sending stock markets soaring. But politicians – and markets – in both Europe and America are mistaken if they believe that monetary policy can restore economic...

Apart from the problems stemming from the 2008 financial crisis, the U.S. economy is now also being weighed down by little monopolies, or quasi-monopolies, which reduce economic efficiency, slow economic growth, and reduce the average income of every U.S. household....

The need to address America's fiscal situation has just been magnified by a warning from Moody’s that the US could lose its top credit rating if Congress fails to make progress on medium-term fiscal reforms. But why didn't the imposition...

Forty years after China and Japan first commenced normalized diplomatic relations, a group of islands – known as Diaoyu and Senkaku respectively – is now threatening to reignite past rivalries, including both nations’ claims to geopolitical power in the region....

What if you could create an ‘ideal’ or ‘model’ economy simply by copying and adapting the best economic policies from around the world? Although no country in the world is likely to ever come close to achieving this (in the...

The ties between energy consumption, economic growth and the labour market are now closer than ever before. But as countries begin to hit their peak in any one of these categories, can this relationship be changed in order to ensure...

Despite possessing massive potential in natural resources, individual states within East Africa remain too small, and too fragmented, to fully utilise these resources in the global arena, without being exploited by larger and more developed economies. The hope of citizens...

China is already the world’s second largest economy but its currency, the renminbi, is barely traded internationally. Unlike reserve currencies such as the US dollar, and despite China's emerging position as a global economic powerhouse, the Chinese currency is hardly...

Worldwide, political leaders are putting off the economic reforms needed to avoid a painful, if not catastrophic, endgame. But, as everyone kicks the can down the road, the can is getting heavier and, in the major emerging markets and advanced...

An Israeli invasion of Iran could provoke a spiralling in oil prices with catastrophic consequences for the world economy, as well as unpredictable political repercussions throughout the Middle East. Yet, Israel continues its dangerous game of brinkmanship. An Israel-Iran war...

During any election, most political observers would want to see candidates engage in intense debate over policy issues, with matters of personality and character being pushed to the background. But in some ways, a candidate’s character may actually be more...