A floating orchestral score pours over the walls of an Edinburgh concert house, its quick notes and fantastical tones taking full advantage of the famed acoustics of Usher Hall. The Royal Scottish National Orchestra is playing “The Oryx and the Unicorn”, an uplifting arrangement originally penned by Qatari composer Wael Binali for a 2012 charity gala […]
In this bleak economic era, the only constants that have prevailed throughout the most part of the global financial crisis are risk and uncertainty. On January 12th, Standard and Poor’s downgraded France, joint-chief compere of the Eurozone’s economic horror show and its second largest economy. The very same day, the economies of Spain, Italy, Portugal […]
In the book, ‘This Time is Different,’ by Ken Rogoff & Carmen Reinhart of Harvard and Univ of Maryland, respectively, arrogance and ignorance has been the driving themes leading up to severe financial and economic crises over 800 years of availalble data.
G-8 Leaders — composed of the world’s eight major industrialized countries, as well as representatives of the European Union and heads of state from the ten leading Emerging Nations such as Brazil, India, Mexico and South Africa, among others, discussed a wide range of challenges related to financial markets, international trade, development and global peace and stability.
Although most projections show a continuation of positive growth in 2010, questions about the strength and sustainability of the recovery remain. To provide an economic outlook for the new year, the Carnegie Endowment on 5 Jan, hosted a distinguished panel of the heads of the economic forecasting unit at their respective organizations.
Leading economist who study the U.S. economy for signs of life sometimes have wildly different views of economic metrics, what they mean and are often sharply divideded along partisan economic perspectives. Nevertheless, there are real signs of growth going into the new year.
A Year-end Round-up of major events and happenings in the Global Markets, Global Economy & International Trade arena, naming the Global Markets & Foreign Policy blog’s Person-of-the-Year, and our outlook for 2010.
China’s industrial production and trade surplus posted robust double-digit gains in October, indicating a strengthening recovery in the world’s third-largest economy. China, unlike the U.S. and other western industrial nations, has managed well in the advance of the global economic crisis.
As Asia starts down the path to recovery, it is going to have to tackle two issues which are constraining its long-term growth potential: firms that save but do not invest and wealthy households that are reluctant to consume.
Ian Bremmer, President of the Eurasia Group, a political risk advisory firm, provides a ‘bird’s eye’ overview of the impact of the Obama foreign policy agenda — the “New Era of Engagement” doctrine — on the world, on U.S. corporate competitiveness and on global markets.
The 2009 G-20 summit, began today in London, running through Friday, April 3d. The overall objective will seek to reach consensus among Leaders of member nations on how to confront the Global economic crisis. The agenda, to say the least, is full. However, there are divergent proposals and solutions, and still many challenges that must first be confronted. This […]
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