Whatever the state of the global economy, the bottom line is that India cannot attain its potential without a strong revival in investment. If the economy is to achieve the double-digit growth rates that China once boasted, India will need to build much more production capacity and much more infrastructure. Read Here – Project Syndicate
Here are some of China’s economic pain points: bloated state-owned companies; banks with rising bad loans and local governments drowning in debt; massive overcapacity in the property market; bad investment in the wrong places. Read Here – Bloomberg
Seven years ago, newly elected President Barack Obama addressed lawmakers in the shadow of a devastating economic crisis but buoyed by the promise of change he’d campaigned on. On Tuesday night, Obama returned to the same podium for his final State of the Union address, with an economy in much better shape but other worries clouding the horizon. He reprised that same “change” theme […]
China’s Arab Policy Paper stipulates the guiding principle for developing China-Arab relations, offers the blueprint for China-Arab mutually beneficial cooperation, and reiterates the political will of commitment to peace and stability in the Middle East, in order to promote China-Arab relations to a new and higher level. Read Here – Xinhua Read Full Text Here
When President Barack Obama was elected in November 2008, the U.S. economy was shrinking at a rate unmatched since World War II. In the seven years between then and his final State of the Union address Tuesday night, global investors have enjoyed stellar results from the rapidly expanding Obama economy. Read Here – Bloomberg
Over the past seven years, Americans have heard an awful lot about Barack Obama and his presidency, but the actual substance of his domestic policies and their impact on the country remain poorly understood. He has engineered quite a few quiet revolutions—and some of his louder revolutions are shaking up the status quo in quiet […]
One reason that the global economy is so sluggish is that, seven years after the collapse of Lehman Brothers, financial stability is not yet assured. Financial-sector weaknesses linger in many countries – and financial risks are growing in emerging markets. Putting all of this together, global growth in 2016 will be disappointing and uneven, says Christine […]
It’s been five years since Mohamed Bouazizi set himself on fire outside the municipal building in Sidi Bouzid, a small town in the heart of Tunisia. While his act had profound international repercussions at the time, some residents say little has changed in their town. Read Here – Al Monitor
Ultimately, however, it won’t be Yellen’s P.R. skills that determine how she is remembered. It will be her economic judgment, and her confidence in the enduring strength and vigor of a revived U.S. economy. Read Here – The New Yorker
President Vladimir Putin said Russia has passed the worst of its economic crisis after it was hit by the slump in oil prices that forced the government to lower forecasts and revise its strategy. He was speaking at his annual news conference in Moscow. Read Here – Bloomberg
looking beyond borders 