The 1st quarter of the Trump presidency has been disappointing, with the first 3 months of 2017 seeing the weakest Q1 growth in America in 3 years.
Narendra Modi turned his country’s economy upside down by banning its two most common bank notes in an effort to combat the proliferation of “black money”.
Women are catching up with men in education. Yet, they still earn less than men and are much less represented in the top deciles of the income ladder.
The global economy has been leaning on monetary policy—the printing of money by central banks —to avoid decline. But what are the spillover effects?
Astronomical amounts of money are being spent on soccer (football) transfers. These days, no one is shocked at news of multi-million dollar signings.
Islamists not only look at religion as a panacea to political issues, but also as a provider of social justice and an engine of economic prosperity.
In 2016, Grexit—the issue that was once billed as “existential” for the EU—was barely mentioned across European media. Sometimes, no news is not good news.
Simultaneously courting the West and expanding its influence beyond its borders could work in the short-term. But in the short-term only.
Beset by challenges ranging from the collapse in oil prices, to the spreading instability in the region, to criticism from its longtime allies in the United States, Saudi Arabia is facing its most difficult test in decades. But the kingdom has the means to overcome these difficulties, and also has the will to seize a unique opportunity to carry out important reforms.
After negotiations between the Greek government and the Troika finally came to an end last August, the gaze of the world drifted away from Athens.
In the U.S., any discussion involving climate change tends to deteriorate into an argument between two factions—those who feel that climate change is a very real threat to the planet, and those who say it is nothing but a scare tactic.
Bernanke’s speech back in 2002 can help shed some light on the question of how asset prices have been taken under consideration in the past by the Fed. It also helps explain how these prices will affect monetary policy in the future.
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