The U.S. traditionally takes point in the search for common approaches to the big global issues of the day at G-20 summits. Not this time. When world leaders meet in Hamburg on Friday, China and Germany will move in to usurp the U.S.’s role. Read Here – Bloomberg
It’s a story about the tail that wagged the dog that didn’t bark that isn’t in Kansas anymore. The dog that didn’t bark is commodity prices, and the tail that wagged is the Chinese yuan. Read Here – Asia Times
When a ransomware outbreak exploded from Ukraine across Europe yesterday, disrupting companies, government agencies, and critical infrastructure, it at first appeared to be just another profit-focused cybercriminal scheme—albeit a particularly vicious and damaging one. But its origins in Ukraine raised deeper questions. After all, shadowy hackers have waged a cyberwar there for years, likely at […]
With a fortune largely tied to his 78.9 million shares of Amazon, the net worth of Jeff Bezos continues to be on the rise. Just days ago, Amazon shares reached all-time highs after the company’s ambitious acquisition of Whole Foods. This puts Bezos just $4 billion away from displacing Bill Gates as the world’s […]
Reform is always easier when a crisis leaves policy makers no other options. But without further change, Asia will continue to rely too much on debt instead of productivity gains for growth. In poorer nations, improvements in household welfare will lag. As in the years before 1997, economic irregularities could build up to the point […]
As the global economy picks back up, it is difficult to imagine populism maintaining momentum. A new Pew study finds, “Nearly a decade after the worst economic downturn since the Great Depression, economic spirits are reviving. … A median of 51% in the 17 advanced economies surveyed believes that their current economic situation is good, […]
Nepalese citizens hold an estimated $500 million in the banned notes, most of them sent back as savings by the more than one million Nepalese nationals working in India, says Chiranjibi Nepal, governor of the country’s central bank, the Nepal Rashtra Bank. Yet seven months after the ban, India has yet to exchange those notes […]
What did not exist in 2007? Instagram, Uber and 30 of the top 100 digital multinationals. According to the World Investment Report 2017: Investment and the Digital Economy, digital is growing and it is growing fast. Read Here – UNCTAD
Central bankers and investors are grappling with a $100 trillion question: why consumer price inflation remains so low in most parts of the world even as economic growth quickens. Compounding the riddle, question marks are now emerging over the one part of the global inflation picture that had been moving higher — producer prices. Read […]
…Analysis of the respective stock markets and incumbent political parties of Australia, Canada, France, Germany, and the United Kingdom finds a result opposite that identified in the US, indicating that investors should interpret historical statistical relationships with a healthy skepticism. Read Here – Research Affiliates
looking beyond borders 