Global fund managers responding to a monthly Bank of America Merrill Lynch survey identify and rank risks that could cause an abrupt and abnormal drop in global markets. Britain’s possible exit from the European Union tops the list for May. Second, an ongoing concern is the risk of devaluation and...
Read the article from the Sydney Morning Herald.
Few countries will be insulated from the slowdown of the Chinese economy, even those not intricately tied to the Chinese supply chain. “China did indeed stimulate its way out of the 2008 crisis but now it has to deal with overcapacity and debt,” writes Nayan Chanda, founding editor of YaleGlobal...
As the Chinese economy slows down, economies that have long relied on feeding the world’s factory are becoming increasingly worried. Some Indian politicians and commentators, however, perceive in China’s troubles an opportunity for India to shine....
The Joint Comprehensive Plan of Action implemented in January ends Iran’s nuclear-weapons activities and encourages cooperation on civilian nuclear programs and investment. Though six countries signed the agreement with Iran, China is emerging as a principal beneficiary. “The West struggles to...
Nuclear belt and trade: Iranian President Hassan Rouhani welcomes Chinese President Xi Jinping, top; China’s first direct train to Iran leaves Yiew station as part of China’s One Belt, One Road initiative
NEW DELHI: Since the signing of the...
The IMF has proposed giving a greater voting percentage to China, Turkey, Mexico and South Korea – all strong and emerging economies. Yet the body of 184 members would remain in control of its strongest members: The US controls 17 percent of the vote; Japan, Germany, the UK and France control 22...
The glacier has begun to creak. In the world's most powerful dictatorship we detect the merest hint of a thaw. I am not talking about China or Uzbekistan, Burma or North Korea. This state runs no torture chambers or...
