Anger in Athens as Greek Austerity Measures Passed

It came after a night of rain, tear gas and clashes. But after four months of tortuous negotiations and a rancorous parliamentary debate, the Greek parliament finally announced late on Wednesday night that it had passed the most draconian package yet of austerity measures needed to keep Europe‘s weakest economy afloat. Following heady scenes inside and […]

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The Second Coming of Barack Obama

The race was tough, but US President Barack Obama has won re-election. The question now, for the United States and the world, is what will he do with a fresh four-year term? To win re-election with a still-weak economy and unemployment close to 8% was not easy. Many leaders – Nicolas Sarkozy, Gordon Brown, and […]

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In The End, Obama Won On The Economy

In the end, President Barack Obama won re-election on the issue that was supposed to send him packing: the sluggish U.S. economy. The United States is still digging out from the deepest recession in 80 years, and employers are barely adding enough jobs to keep pace with population growth. Trillions of dollars of household wealth have vanished in […]

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Obama Wins Re-election With Romney Defeated in Key States

Barack Obama, the post-partisan candidate of hope four years ago who became the first black U.S. president, won re-election by overcoming four years of economic discontent with a mix of political populism and electoral math. Obama defeated Republican Mitt Romney, with the Associated Press projecting the president winning at least 303 electoral votes in yesterday’s election, with 270 […]

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Why Investors Are Fine With a Second Obama Term

In theory and on paper, there should be no doubt that the market would much rather have a deregulating, tax-cutting, financially savvy investor in the White House. Mitt Romney is the closest thing to an accomplished businessman to get this far in a presidential race since Ross Perot ran 20 years ago. Yet you can’t help but get the […]

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China’s ‘$2.7 Billion Problem’ Says Everything

Savvy investors eyeing the next big thing in China should consider cigarettes, nicotine gum and cancer-treatment providers. That is the upshot of a new Brookings Institution report that raises burning questions about the family of Li Keqiang. He is expected to be named China’s next premier at a Communist Party congress that begins on Thursday. Li’s […]

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The Bipartisan Consensus in Washington About Expanding Ties With India May Be Good For New Delhi, But it’s Turned the Election Into a Snoozer.

Indeed, enthusiasm for India in Washington may wax or wane over the next four years, but arguably this will depend less on who occupies the White House than on who occupies the prime minister’s residence at 7 Race Course Road. Over the past two years, faced with a global slowdown and a lack of reforms, […]

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