The French Endgame about Labor Reforms: Europe’s Summer of Discontent

The French Endgame about Labor Reforms: Europe’s Summer of Discontent

photo: Tim Lam French government wants structural reforms, but unions and most people don’t. As political friction is escalating, Paris is preparing for the Euro 2016 football tournament, which is attracting terror efforts by radical right, ultra-left and the jihadists. At the same time, the country has been pummeled by ‘once-in-a-century’ flooding. As long as the […]

FED’s Expected Hikes Fuel Unease in Currency Markets

FED’s Expected Hikes Fuel Unease in Currency Markets

photo: FAB O LENS Renewed allegations of “currency manipulation” in the US-China bilateral agenda have less to do with the Chinese renminbi than US election politics and the Fed’s anticipated rate hikes. Even before the start of the eighth and final Strategic and Economic Dialogue (S&ED) of the Obama administration, the issue of the exchange rate […]

Anti-Corruption Drive – Critical to Future, International by Nature

Anti-Corruption Drive – Critical to Future, International by Nature

photo: Cabinet Office No inclusive growth is conceivable without success in Nigeria’s anti-corruption drive. Today, that struggle is increasingly global. In mid-May, the world’s first anti-corruption summit took place in London. During the event, the chairman, UK Prime Minister David Cameron was caught on open mike disclosing to Queen Elisabeth II that attendants included some “fantastically […]

From Record Highs to Equity Exodus amid Rising Global Risks

From Record Highs to Equity Exodus amid Rising Global Risks

photo: Nicolas Raymond This is the year of historical, elevated economic, political, strategic, and policy risks. Until recently, these potential perils were largely discounted in the market – but now the unease is evident and rising. Ostensibly, US markets are not far from their all-time highs. And yet, the most watched market indices reflect extraordinary unease […]

Advanced Manufacturing May Change the Rules of Economic Development

Advanced Manufacturing May Change the Rules of Economic Development

photo: Tecnalia As advanced manufacturing is about to accelerate in China, the rules of economic development could change across the world.  About a year ago, China’s State Council unveiled a national plan, “Made in China 2025,” which seeks to upgrade China’s manufacturing base. The ultimate objective is to transform China into the leading global manufacturing power […]

The Coming Revolution of Chinese Robotics

The Coming Revolution of Chinese Robotics

photo: Cory M. Grenier A few years ago, Chinese robotics market was dominated by foreign industry leaders. Today, China is the largest robotics market and about to become the leader in robotics production. The emerging robotics industry is booming in China. The move to advanced technology is aligned with the government plan – ‘Made in China […]

Iran’s Economy After the Sanctions Deal: Why the New US Hurdles?

Iran’s Economy After the Sanctions Deal: Why the New US Hurdles?

photo: Nicolas Raymond Today, the Iran nuclear deal is effective. Yet, Iran’s efforts to attract foreign investment and accelerate growth and prosperity face new hurdles, which seem to reflect Washington’s efforts to dent the agreement. Last January, the nuclear agreement between, Iran and the five permanent members of the UN Security Council (US, China, France, Russia, […]

Gold’s Bright but Bumpy Future

Gold’s Bright but Bumpy Future

photo: Michael Mandiberg Not so long ago, gold suffered the most challenging losses since 1999. According to conventional wisdom, US rate hikes will contribute to its further decline. If that’s the case, why did gold prices soar during the last quarter? At the turn of 2015, gold was driven by the broad commodity sell-off, especially the […]

US 2016 Election Is a Global Risk

US 2016 Election Is a Global Risk

photo: PID As America is struggling amid a historical protest election, the political risk could undermine US economic rebound and the lingering global economic recovery. Europe will be least immune to spillovers, says Dan Steinbock. Currently, the leading Democratic presidential candidates, former Secretary of State Hillary Clinton and Vermont Senator Bernie Sanders, are approaching the […]

1 2 3 22