In response to the resignation of one of the few “globalist” advisers in the US Administration, the resignation Cohn has sent ripples through the capital markets. Stocks have been marked down across the world. The...
More than any other East African country, Ethiopia is hit by an effervescence that illustrates a growth rate close to 10% for more than a decade, familiar in Asia but singular in Africa. At this...
Australia, the US, India and Japan are talking about plans for a regional scheme to counterbalance China’s growing influence, a report says. A US official spoke of an “alternative” rather than a “rival” plan. Australia,...
The island of Caofeidian is located 200 kms from Beijing and is a land reclaimed from the sea and converted into an economic development zone in Tangshan district, China. The port of Caofeidian was promoted...
Economic growth in India is forecast to beat out last year. The emerging economy is thus on track to regain the title of the world’s fastest growing major economy, once again overtaking China. India published its...
There is nothing quite like a falling dollar to spur take of the erosion of the greenback’s reserve status. There has been talk for several months that China is preparing in yuan-denominated oil contract (with...
The Financial Stability Board (FSB) in its 2013 annual report on Shadow Banking titled, ”Strengthening Oversight and Regulation of Shadow Banking”, defined shadow banking as “credit intermediation involving entities and activities (fully or partially) outside...
The Financial Crisis in the US was a consequence of too much debt and too much risk, among numerous other factors, and the whole house of cards came down. Now, after eight years of experimental...
On the occasion of the 19th Chinese Communist Party Congress Go Global: China’s new growth regime and why the Cotton Route alternative to the New Silk Road makes sense. The end of the Chinese super...
The five BRICS (Brazil, Russia, India, China and South Africa) represent no less than 4 billion people or 42% of the world’s population, and even more regarding their contribution to the global economy since their...
Chinese policymakers are beginning to worry about a rallying currency that is putting pressure on the country’s exports. Figures for August show slower-than-forecast growth, which has also been hit by weak global demand. According to...
An annual BRICS summit in China has kicked off with the emerging market bloc in need of direction. The five members are divided as they face political and economic troubles. Chinese President Xi Jinping on...