Saudi Arabia ’s cabinet approved the National Transformation Program (NTP) that outlines bold reform measures to transform its economy and make it less reliant on oil. The NTP is a blueprint of the key reforms...
The decline of US manufacturing in the cacophony of regional and national indices, which started in mid-2014, is a sight to behold. Today we got two national indices for April. Both added more gloom to the...
Another retailer is heading for bankruptcy. This time Aeropostale, with 800 teen-clothing stores, after three years in a row of losses. It’s “preparing to reorganize under a Chapter 11 bankruptcy, and could file as soon as this...
Rail freight volumes are an indicator of China’s goods-producing and goods-consuming economy, not just manufacturing, construction, agriculture, and the like, but also consumer goods. Thus they’re also an indication of consumer spending on goods. Alas, rail...
The March BoJ Tankan showed that Japanese companies are feeling the chill in their business condition and starting to prepare for continued deteriorations ahead. The business condition DI for large manufacturers deteriorated from 12 in...
India is considered to be the fastest growing large economy in the world. Then why are we still complaining about low growth rates in the economy. For India any growth rate above 7 per cent...
China’s industrial overcapacity is not only because of excess planning but because the country is becoming more modern. The economy will not collapse as a result, says DW’s Frank Sieren. Time’s up for thousands of...
The concept of moral economy was first used by 18th-century thinkers trying to make sense of the rising capitalist values. In feudal society, a “fair price” was preferred over a free price especially for the necessities...
Miles to cover for the power sector in India, Could you elaborate on this? India ushered in power sector reforms, with enactment of Electricity Act 2003. After more than two decades, reliability of power in India...
The TPP, one of biggest trade deals in history was signed on Wednesday, February 3, in New Zealand. The TPP involves 12 Pacific Rim nations – Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand,...
There are increasing signs of an economic slowdown in China, with pundits wondering whether this may prompt the government to let the national currency drop even further. Big hedge funds are already placing bets on...
Pauper or billionaire: Switzerland prepares for a vote on a basic income for all. Here are the arguments pro and con – and why the referendum is most likely to fail. To work or not...
