Geopolitical crises and epidemics haven’t stopped the global economy from expanding by some 3 percent in 2014. But what’s in store for 2015 – a new debt crisis, or a perhaps a crash in China?...
What ultimately led US President Nixon to close the gold window was not its Cold War rival Russia. Rather it was US European allies who wanted to exchange their dollars for gold beyond levels that...
Millions of businesses are launched every year worldwide. These businesses provide jobs and a source of income to a lot of people, economic growth to the countries and value proposition to the end consumers. A...
Ukraine is dependent on Russian gas – but not as much as it used to be. For years the US State Department has pushed the country toward energy independence. Congress aims to speed things up....
The major economies are recovering, but their debt burden remains substantial. The regulatory regime for banks has tightened. Many economists, including Rogoff and Reinhart, in a paper at the end of last year, warned that...
US: The broad characteristics of the investment climate are unlikely to change very much in the first part of next year. The largest policy change is the beginning of the long awaited slowing of the Federal Reserve’s...
The European Union is gradually moving to a compromise on the Single Resolution Mechanism. It is intended to be agreed up before the end of the year to give the European Parliament time to debate...
When EU leaders meet in Brussels next week, they will face with a stark choice: embrace proposals to modernise the digital economy or fall further behind China and the US. When Europe took its first,...
Europe’s satellite operators provide services which bring real benefits to communities around the world. But it’s an industry which fears it’s losing out to more “visible” forms of infrastructure. Forget bricks and mortar: satellites are...
International corporations vie to build the next generation of capsules that will ferry people and material to space. One of them could hold up to seven people – and not all of them will necessarily...
A serious slowdown in China would affect the global economy tremendously . It should not be taken seriously by those who only put forward the benefits in the medium and long term. First of all...
The Organization for Economic Cooperation and Development (OECD) believes unemployment in the eurozone will reach a new record by the end of 2014. In other industrialized countries job creation will be picking up slowly. Mass...