Soon after protests erupted outside the U.S. embassy in the Egyptian capital last September, inspired by the posting on the Internet of an American-made anti-Islamic video, the embassy posted a statement saying, “We firmly reject the actions by those who abuse the universal right of free speech to hurt the religious beliefs of others.” The […]
Since the second half of 2012, financial markets have recovered strongly worldwide. Indeed, in the United States, the Dow Jones industrial average reached an all-time high in early March, having risen by close to 9% since September. In Europe, European Central Bank President Mario Draghi’s “guns of August” turned out to be remarkably effective….But this financial market […]
MARGARET THATCHER said that you cannot buck the market. But if the experience of India’s government over the last few months is anything to go by, you can charm the pants off it. My e-mail inbox is overflowing with missives from the finance ministry that promise a bounce in the economy, assert a step change […]
What comes next for China’s ambitious Dalian Wanda Group, one of the country’s largest entertainment and commercial real estate companies? Fresh on the heels of its September $2.6 billion acquisition of AMC Entertainment, the Beijing-based private company plans to buy a British business early next year (more details to come on whether it will be […]
Malaysia’s economic performance does not make headlines like it used to, but that does not mean that the economy is not still chugging along nicely. In fact, with the exception of difficult periods following major shocks such as the 2008 Global Financial Crisis, Malaysian GDP growth has performed well over the last decade, averaging about […]
When he presented his proposals for taming banks in late September, Peer Steinbrück was once again spoiling for a fight. The Social Democratic candidate for the Chancellery in next year’s general election railed against the chase for short-term returns and excesses within the sector and harshly criticized the “market-conforming democracy” in which politics and people’s […]
BARACK OBAMA‘S re-election hopes were dealt a setback by Mitt Romney‘s relentless attack on his economic record at Wednesday’s presidential debate. Today, he got a lifeline from an unlikely source: the economy. In September, the unemployment rate plunged, unexpectedly, to 7.8%, from 8.1% in August. It was the first time it fell below 8% since […]
Last September a woman was raped by two police officers in Tunisia, while a third officer held down her fiancé who had been with her in a car. It was a weighty event in a country that is still feeling its way forward after it inaugurated the era of Arab revolutions, said the Lebanese journalist […]
looking beyond borders 