Tag: economic slowdown

Written by lookingbeyondborders

As Long As Politicians In The World’s Big Three Economies Continue To Dither, Another Global Recession Is Possible

FOR investors around the world, the recovery seems assured. The MSCI global share index has risen almost 10% since July. The credit for this largely goes to central bankers. In July Mario Draghi, president of the European Central Bank (ECB), said he would do whatever it takes to hold the euro together. In early September […]

Rate this:

Written by lookingbeyondborders

As China Slows, Australia Feels The Pain

The last time Australia was mired in recession, Boris Yeltsin had yet to stand on a tank in Moscow, and the Clinton era hadn’t begun. In 1991, Australian trade with China was a modest A$3.6 billion (about the same in U.S. dollars). In the preceding decade unemployment had averaged 7.8 percent, as Australia struggled to develop tourism […]

Rate this: