Markets

 14 July 2011. Thailand is about to inaugurate its first female Prime Minister. Yingluck Shinawatra led her Pheu Thai party to victory in July's general election winning 265 seats, and giving her party a majority vote in the 500 member...

13 July 2011. 13 July 2011.Politicians from advanced economies today face a conundrum on whether to restrict or welcome migrants and foreign workers. While an influx of foreign workers may provide economic benefits to a country, there have been societal concerns...

 Last week, Beijing released its June inflation and national trade account figures, with data suggesting that the government’s current measures to cool down its economy may be inadequate.  Last week, Beijing released its June inflation and national trade account figures,...

To most regular observers, the appointment of Christine Lagarde as IMF’s Managing Director came as no surprise. Lagarde had been seen as the overwhelming favourite to replace Dominique Strauss-Kahn and was duly elected despite calls for a candidate from an...

7 July 2011. The economic policies of the US and the UK have run parallel since the 1970s when Britain’s Conservative Prime Minister Margaret Thatcher decided to emulate the neo-liberal economic agenda of US President Ronald Reagan. 7 July 2011....

6 July 2011. Is the current US monetary system Constitutional? Is it corrupt? What can be done to make it more honest or effective? 6 July 2011. Is the current US monetary system Constitutional? Is it corrupt? What can be done to make it...

Wall Street hit its biggest four-day rally last week amid optimism that Greece will avoid default. The Dow Jones Industrial average was up 153 points, S&P’s 500 Index went up 13 points – even our Consumer Confidence Index registered optimistic...

1 July 2011. 1 July 2011.Recently, the International Energy Agency (IEA) announced its intentions to release nearly 2 million barrels of oil per day into the market over the next month so as to boost supply and drive down prices....

 29 June 2011.Rising food prices affect everybody, though obviously certain demographic groups – usually the poor – are affected more than the rest. As food prices continue to retain high levels of volatility, Jeffrey Frankel questions whether food prices can...

 28 June 2011.  The Euro-zone is faltering. Bogged down by the ails of the PIIGS, the Euro-zone is fragile and susceptible to a potential economic meltdown.   28 June 2011.  The Euro-zone is faltering. Bogged down by the ails of the PIIGS, the...

The IMF recently updated its economic forecasts for the global economy – predicting a two-speed recovery process whereby emerging economies would experience strong economic growth whereas most advanced economies face an uphill battle to stimulate growth and avoid stagnation. The...

 20 June 2011. In his latest article – The Eurozone Heads For Break Up – published in the Financial Times, Roubini expresses his belief that current policies adopted by European nations has not and will not resolve the Eurozone’s fundamental...

  16 June 2011.     16 June 2011. [quote] “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it...

15 June 2011.The US unemployment rate stood at 8.9% in June 2011 for workers who are without jobs but searching, according to official Government figures. However, the real rate is probably much higher still. If we use the U-6 figures...

14 June 2011. In May this year, Deutsche Bank Chief Executive Josef Ackermann appeared in a Munich court to testify in a lawsuit against the bank by fallen German media mogul Leo Kirch. The spat: Kirch wants 2 billion Euros...