Opinion
arthur-lewis-singer-prebisch-marketexpress-in

Singer, Prebisch, Lewis etc

After World War II, there was a surge of decolonization, beginning with India’s independence in 1947; Britain and France found someone to hand over power in colony after colony and left in a hurry. Some...

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Dollar, Equities and Yields Fall

In thin holiday markets, a correction to the trends seen in Q4 has materialized. The US dollar is heavy. Japanese and European equities are lower. Bonds are firmer. Some reports try to link the moves...

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Germany plans creation of ‘center of defense’ against fake news

Germany’s government plans to create a center to fight “disinformation” online ahead of next year’s elections, a media report has said. The move comes amid reports that fake news influenced the US election. In light...

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Outshining a former colonial master: India’s economy to surpass Britain’s

India will soon overtake Britain to become world’s fifth largest economy, a “Forbes” magazine report has said. Economist Rajiv Biswas talks to DW about the impending milestone and the overall state of India’s economy. DW:...

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Where Do US Companies Hire Abroad?

The US economy created roughly nine million net new jobs since the start of 2009.  Through organic growth and acquisition, majority-owned affiliates of US multinational companies have also expanded their employment outside the US. It is...

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Trump Tweets about China, US Businesses Freak out

China is important to US companies. Qualcomm gets 57% of its revenues in China, Micron 43%, Apple 23%, Jabil 21%, Boeing 13%, Wynn Resorts 60%, according to Bloomberg’s math. In the last earnings report, GM...

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Greek Bonds may Soon be Included in ECB Purchases

The ECB does not include Greek bonds in its sovereign bond purchase operation. However, the progress is being made, and it is possible that starting early next year, the ECB will buy Greek bonds. Greece...

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Competing parochialisms

To someone who agrees with neither Jawaharlal Nehruvian students nor self-proclaimed nationalists, their views must sound parochial. The comparison may not be obvious, for parochial conventionally means limited to a small region. But it will...

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Bonds and Stocks Rally, Leaving Greenback to Meander

The US dollar entered a consolidative phase yesterday, and this carried into today’s activity. While the foreign exchange market is sidelined as the two-week trend slows, the stocks and bonds are posting strong gains today....

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India and Japan sign nuclear deal – A risky business?

The leaders of the two countries have signed a civilian nuclear cooperation, allowing exports of crucial Japanese technology to fuel India’s growing economy. But concerns remain about India’s non-proliferation status. The Indo-Japanese nuclear deal has...

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Globalization, the new “Hangzhou consensus” and the Trump election

It is fashionable to mock the major world summits. It is also fashionable to blame globalization for all our ills. Lastly, it is fashionable to predict a China’s economic collapse. Actually, the last G20 meeting...

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Trump or Clinton – whom does Wall Street favor?

Wall Street is one of the hot-button issues of the 2016 US presidential election campaign season. During their campaign trails, the nominees of both major parties – Democrat Hillary Clinton and Republican Donald Trump –...