China 5-Year Plan: All Prosperity to the People !!!
6 April 2011.While no one can tell what the impact of the inter-locking Japan disasters is going to be on China,the latter's new five-year economic blueprint sets ambitious goals:• to raise ordinary people’s incomes, • rein in pollution and energy...
Japan Supply Chain Worries Now Hit Many US Sectors
31 March 2011.Tremors from the strong Japanese earthquake continue to rattle American businesses, even those companies that have experienced no disruptions in parts or supplies.Businesses in a number of industries are trying to adapt to a new reality.No longer can...
Ex European Central Bank Chief Economist: What Kind of Euro ???
Otmar Issing, Former Chief Economist, European Central Bank Credit: INSM 30 March 2011. Otmar Issing, Former Chief Economist, European Central Bank Credit: INSM 30 March 2011. Otmar Issing, 74, was chief economist of the European Central Bank...
Japan Electricity Losses: Summer Without Air Conditioning ???
Long Hot Sweaty Summer for Japanese Workers ??? Credit: lowerincase 24 March 2011. With some 30,000-50,000 dead, half a million evacuees, and the gravest nuclear crisis in decades -- Long Hot Sweaty Summer for Japanese Workers ??? Credit: lowerincase 24...
Japan Disaster & Global Markets: “Nobody Knows Nuthin'”
"Past Performance Is No Guarantee of Future Success" Credit: Euronews 21 March 2011. "Past Performance Is No Guarantee of Future Success" Credit: Euronews 21 March 2011. Veteran screenwriter William Goldman was once asked what it takes to produce a successful...
Japan Elite Faces Growing Credibility Gap
Fukushima Disaster Melting Down Public Confidence Too Credit: tula_7755 16 March 2011. Fukushima Disaster Melting Down Public Confidence Too Credit: tula_7755 16 March 2011. On Tuesday, five days after the Fukushima disaster, Japanese Prime Minister Kan Naoto, 64, finally lost...
Japan Tsunami Costs, Lessons for US and EU
Tsunami Only Start of Japan's New Problems Credit: enciclopediapt 14 March 2011. By David Caploe PhD, Chief Political Economist, EconomyWatch.com Tsunami Only Start of Japan's New Problems Credit: enciclopediapt 14 March 2011. By David Caploe PhD, Chief Political Economist, EconomyWatch.com...
Oiling the Wheels: When Oil Prices Bite
The Colonel: More Excuse than Cause. Credit: EnemyKe 8 March 2011. The Colonel: More Excuse than Cause. Credit: EnemyKe 8 March 2011. The world is entering an oil supply crunch because the demand for oil is increasing so rapidly, global...
While Turkey’s Economic Star Rises, Sarkozy’s France Finds Irrelevance
5 March 2011 5 March 2011 It was not that long ago that Turkey was the Sick Man of Europe, the ragtag remains of the Ottoman Empire struggling with inflation and military corruption, while France was a dynamic economy and...
India Telecom Scandal Highlights Systemic Problems
22 February 2011. With the arrest earlier this month of Andimuthu Raja, former telecommunications minister in India's current Congress-led coalition government, the deeper problems afflicting its unusual combination of a dynamic economy with a weak and corrupt political system have...
Wall Street’s Blatant Derivatives Conspiracy
17 February 2011. As regular readers know, Economy Watch has been extremely concerned with the destructive power of derivatives -- and their STILL yet-to-be-fully-felt impact on the world political economy -- 17 February 2011. As regular readers know, Economy Watch...
Serengeti Highway Pits Economy vs Eco-System
14 February 2011. Every spring, in Serengeti National Park in Tanzania, an endless sheet of yellow grass, two million wildebeest, zebras, gazelles and other grazers march north in search of greener pastures, with lions and hyenas stalking them and...
Buying Western Players for “Team China”
10 February 2011. A decade ago China urged its companies to expand overseas under the slogan “go out”. Now it is finally happening -- and with great speed. A few years ago two executives of an international oil company were...
The New “Great Game” in Central Asia
8 February 2011. Central Asia is one of the eternal hot spots in world history, a place where Darius I and Alexander the Great, Genghis Khan and Tamerlane left their marks. The British and Russian colonial powers followed suit...
Island in Senegal Kept “Afloat” by Wages from Spain
7 Feb 2011. As the issue of "dignity" becomes more pronounced in the struggle now under way in Egypt, consider this story about a town that exists simultaneously off the coast of Senegal and the agricultural heartland of southern...