Youth of today are the key instruments for positive social change and the driving force for economic development and technological innovation. The changing social and economic environment impacts people in different ways and it is...
Conflict between sentiment and hard data is not unusual but is already looking like the biggest challenge for investors in 2019. Real activity Index chart comes from the collaboration on global economic data between the...
The European Commission has signed a multimillion-euro grant that will allow a new gas pipeline between Denmark and Poland to proceed. The project is seen as Warsaw’s answer to the Russian-German Nord Stream 2. Poland’s...
There were only a few formal disputes under NAFTA 1.0. It says more about the adjudication process than the underlying issues. It was not binding. The Democrats want stronger enforcement provisions in what the NAFTA...
The drama of Brexit with all its arcane details of UK parliamentary procedures and rarely noted characters that suddenly appear prominently on the global stage and utter market-moving words has turned into a complicated mess...
Viewed from richer countries and specially old Europe, the world is crazy. It is heading for disaster. China is on its long journey towards a final financial crisis. India fell into fanatical religious nationalism and...
Beijing had pledged to scale back its coal industry, but a new report says the Chinese government has quietly restarted construction of coal-fired power plants. The report also found an increase in coal consumption. A...
A “no-deal” Brexit is looking increasingly likely, according to the EU, and the bloc has revealed its contingency plan for that scenario. But it warned the measures could only reduce disruption, not prevent it. The...
The capital markets remain subdued. Many Asian equity markets eased after a strong two-day advance. European equities are slightly firmer. The S&P 500 closed at new five-month highs yesterday. Benchmark 10-year yields are mostly a...
Germany’s two largest lenders, Deutsche Bank and Commerzbank, have confirmed they are in merger talks, bowing to pressure from the government. Both banks saw their share prices collapse by more than half last year. Germany’s...
After four stunning Brexit votes so far this week in Parliament ‘No Deal’ is now definitely ruled out. This is not yet legally the case, but the Government dare not initiate or accept new legislation...
When international ratings agencies like Moody’s or Fitch downgrade countries, the economies of these nations suffer. African governments have had enough and are retaliating against what they call ‘subjective’ ratings. Namibian Finance Minister Calle...