The Trump Administration argues that other countries have been taking unfair advantage of the US on trade for years, and what many are calling a trade war is really only the US finally saying enough....
The Japanese yen has been sold following the adjustments to policy and outlook by the BOJ that will allow the unconventional policies continue for an “extended period of time.” Cross rate pressure and month-end demand...
Savarna can mean an astrologer, or a son of a Brahmin man and a Kshatriya mother, or of the same colour, appearance, caste or tribe. That was in ancient Sanskrit; more recently it has come...
Following a record injection via the medium-term lending facility yesterday, China’s officials unveiled a set of policies designed to support the weakening economy that soon could face a substantial drag from US tariffs. The effort...
The first doubts over the future of globalization were expressed after 9-11. Many were concerned that the added security costs would make the cross-border movement of goods more expansive. Nearly everyone at the time embraced...
Silvio Berlusconi was famously derided for claiming in the aftermath of the Great Financial Crisis that all was well in Italy as the restaurants were as full and the beaches as crowded as usual. Subjective...
The political obituary of UK’s May, who many see as an “accidental” Prime Minister, has been written many times in the past year and a half only to be withdrawn. Again, it looked like the...
The global capital markets are trying to stabilize. US equities recovered from early losses yesterday but this was not enough to stop Asian equities from extending recent losses. The MSCI Asia Pacific Index slipped 0.2% for...
What a beautiful sight! Look around at world’s leaders such as Donald Trump or Xi Jin Ping; would you be sorry if you did not get another look at them? And then look at Justin...
With less than one year to go for the next general elections people have started asking who will be the next Prime Minister. Is an alternate to Modi anywhere in sight? Will BJP come back...
China has threatened to forcefully retaliate after the US for escalating the trade conflict by threatening another $200 bln worth of Chinese goods with an additional 10% tariff. Previously, Trump threatened to $100 bln of...
The US dollar is slumping against all the major currencies in the aftermath of the hawkish Federal Reserve. In fact, the inability of the greenback to hold on to the gains scored in the initial...