North Korea might be reined in, the thinking goes, if China could be persuaded to lean harder on its largest trading partner, and so the Trump administration is contemplating a variety of inducements that run from secondary sanctions on some Chinese banks and companies to a better trade deal for Beijing. Read Here – Defense […]
It’s a bomb! A mountain! A horror movie and a treadmill to hell! To doomsayers, China’s $25 trillion pile of public and private debt is a threat to the global economy. Or maybe it’s just a manageable byproduct of the boom that created the world’s second-biggest economy. Read Here – Bloomberg
Courtesy: Global Times
The Five Eyes alliance — the secret services of Britain, Canada, Australia, New Zealand and the United States — pursue a clear goal: removing the encryption of others on the Internet wherever possible. In 2013, the NSA had a budget of more than $10 billion. According to the US intelligence budget for 2013, the money […]
Chinese company debt twice the size of Ireland’s economy will come due in 2014, spurring concern the nation is on the cusp of its first corporate bond default. Read Here – Bloomberg
To remain competitive, modern economies need to establish banking systems capable of providing stable access to credit to talented entrepreneurs and responsible households. Read Here – Foreign Affairs
The demise of Bear Stearns was the beginning of a six-month erosion in global financial stability that would culminate with the failure of Lehman Brothers on September 15, 2008, triggering possibly the greatest financial crisis in history. To be sure, the Great Depression of the 1930s involved a far greater collapse in economic activity. But […]
A Bank of International Settlements survey released on September 5 reveals that the renminbi (RMB) is now among the 10 most actively traded currencies in the world. Read Here – The Diplomat
The United States faces a dilemma. A persistently high level of government debt threatens future economic growth and constrains the ability of the government to act in pursuit of national interests, both international and domestic. Yet efforts to bring down the debt will further constrain government outlays and action — possibly for many years into […]
For the most part, India’s current growth slowdown and its fiscal and current-account deficits are not structural problems. They can all be fixed by means of modest reforms. This is not to say that ambitious reform is not good, or is not warranted to sustain growth for the next decade. But India does not need […]
looking beyond borders 