The International Monetary Fund (IMF) has cut its global growth forecast to 3.2% amid high inflation and the war in Ukraine, and warned the world could be “teetering on the edge of global recession.” In...
We remember the “world before”, marked by the rise of so-called emerging countries. Their weight in the world economy had crossed the threshold of half of the world’s GDP at the time of the 2008...
The world, as we have seen and known, has lived through in the Pre COVID-19 era, is currently coping with the COVID-19 pandemic, and will have to take the journey in the Post COVID-19 era....
Any man’s death diminishes me, Because I am involved in mankind, And therefore never send to know for whom the bell tolls; It tolls for thee. These poignant words by the English poet and priest...
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...
The Chinese are buying copper mines in Afghanistan. The Chinese are re-directing the flow of rivers in Ecuador. Even as ISIS continues to tear Iraq apart 38% of foreign investment comes from China. Moreover, a...
The US dollar is mixed as the market continues to search for a new range post-FOMC. The relentless rise of the dollar has been broken with the help of a softer US rate environment. The...
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?...
ABB has become the latest electrical giant to launch agricultural solar water pumps for the Indian market. The company follows other big global giants such as Schnieder and Toshiba to grab a piece of this billion...
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...
In the last week, some additional positive data points on the state of the US economy have emerged. US business spending on non defense capital goods recorded the largest gain since end 2011 and the...
A while ago (in 2011) I had written elsewhere about the record levels of cash that US incorporated multinationals are carrying on their balance sheets. A combination of good global franchises, strong cash flows and...
