Markets

The shrinking icecaps in the Arctic have opened up new opportunities for trade, shipping and natural resource exploration at the top of the world. While the Arctic Council, representing countries with territory above the Arctic Circle, has no meaningful decision-making...

After a sharp downturn in 1999-2001, Turkey’s economy managed to grow by 5 percent per year on average from 2002 to 2012 – despite global and regional crises. There is however nothing flashy about the country's rise; its success was...

Even as America looks towards an energy-independent future, debate continues to stir over the importance of green energy and natural gas exports. And although some have argued that government intervention is hindering industry growth, the threat of significant market failures...

The World Economy In 2013: The Calm Before The Storm? After nearly four years of economic turmoil, the global economy in 2013, comparatively at least, appears to be now reaching a period of relative calm. The World Economy In 2013:...

Based on the latest data, Abenomics appears to be, for the moment at least, achieving its stated objectives. Yet for its recent success, Abenomics only addresses the symptoms, and not the real cause, of Japan’s long-term problems. Co-authored with my...

  The risk of conflict in the South China Sea is significant. China claims it has sovereign rights to nearly all of the territory, which is believed to sit atop extensive reserves of oil and gas. The claims are however...

China wants to raise its disproportionately small share of consumption as the cornerstone effort to close one of the world’s widest income gaps and quell rising discontent among those who feel they have missed out on the country’s blistering expansion...

During the last three years, the mantra in the U.S. for shale has been, "Drill, baby, drill.” But the reality is there is only one true gas formation in the U.S. that is increasing production – Marcellus – while every...

The recent chit fund scam in India saw thousands of depositors, mostly poor people in villages and small towns, lose their hard-earned money after Saradha Group, who were believed to be running a wide variety of collective investment schemes, collapsed....

Weeks into Japan's paradigm shift in economic policy, optimism that the country may end a quarter-century of economic stagnation is balanced by fears that the authorities' new approach may make things worse. And, while debate naturally focuses on Japan's internal...

The significance of the decision by the BRICS to create a new development bank that they will fund cannot be overemphasized. Emerging markets and developing countries are taking the future into their own hands – at a time when rich...

Since injecting more than $2 trillion into the financial system through three rounds of quantitative easing, the U.S. Federal Reserve is gradually realising that their experiment to kick-start the economy with near-zero interest rates has failed. Contemplating an exit strategy...

Since 2000, Japan has managed to offset its shrinking labour force with increased worker productivity – at a rate higher than most other advanced economies. But, Japan’s productivity gains are soon reaching its limits and the nation must once again...

Over the past week or so, a series of market shocks managed to throw investor confidence worldwide off balance. Although individually, none of these tremors were relatively big deals, collectively, they shook both investors and economists – and may ultimately...

The funeral of former British PM Margaret Thatcher saw a nation divided in hatred and love for one of the most iconic world leaders of modern times. While, Inner London today is one of the richest parts of the entire...