Welcome to Uzbekistan, a country that in recent months has been home to a drama that could have come straight from Shakespeare’s pen. Playing the leading roles are: a dictator, who has had his country under his iron grip for a quarter-century; his glamorous daughter, who he had been grooming as his successor; and his […]
The scale of World War One was unprecedented in several ways, including the cost to finance it. In fact, several of the countries involved are still facing related debts. Read Here – Quartz
Congratulations to India for appointing Raghuram Rajan as the new governor of its central bank. It would be hard to think of anybody better qualified — not even Janet Yellen. But condolences to India for the news that monetary and financial policies aren’t the main obstacles to its prosperity. The economy needs better management, all right, but not […]
The wreckage caused by China’s great, juddering slowdown continues to spread far beyond the country’s shores. Although most commodities enjoyed a bounce on May 3, after better-than-expected U.S. employment data, the plunge in their prices over the past few months suggests the past decade’s rally is truly broken, Ruchir Sharma argues Read Here – Bloomberg
Major powers plan to offer to ease sanctions barring trade in gold and other precious metals with Iran in return for Iranian steps to shut down the nation’s newly expanded Fordow uranium enrichment plant, Western officials said on Friday. The officials said the offer is to be presented to Iran at February 26 talks in Almaty, Kazakhstan, […]
When Vladimir Putin says the U.S. is endangering the global economy by abusing its dollar monopoly, he’s not just talking. He’s betting on it. Not only has Putin made Russia the world’s largest oil producer, he’s also made it the biggest gold buyer. His central bank has added 570 metric tons of the metal in the […]
Professional geographers agree that you can’t fall off the edge of the world by sailing too far in the wrong direction. Economists as an academic discipline have had more trouble coming to agreement on what works and what fails in their world. Stimulus or austerity? Looser money or tighter money? The seemingly unresolvable fights in […]
looking beyond borders 