More than a decade ago, the Fed tried to pump life into the faltering US economy. In 2008, the financial markets crashed. There is a connection.
Macroeconomy & Globalization
Saudi Arabia needs a strategy to diversify its oil-based economy. Can change come fast enough?
Regional Report | Latin America
The large economies on the east coast of Latin America—Brazil, Venezuela and Argentina—are slumping badly. Things are far different out west.
Capital Outflows | The meltdown in China’s stock market this summer and steep falls in many emerging markets currencies led some investors to wonder if another 1997 Asian crisis was brewing.
Neil Shearing, chief emerging markets economist at Capital Economics, visited Global Finance on September 10, just as Standard & Poor’s cut Brazil’s public debt to junk level. We asked him about the outlook for that country and other emerging markets.
Commodities | Oil prices have only slightly recovered from a new record low set at the end of August. But they are still 60% below their peak of 2014, which is putting pressure on US oil companies, with many pundits predicting a rapid overhaul of the industry.
Country Report | Turkey is roiled by political uncertainty and slowing growth ahead of November elections.
What’s irking central bankers is not that they have bought too many stocks or bonds. Rather, it’s that they haven’t bought enough.
As Africa improves transport and telecommunications links, it’s creating countless opportunities for foreign direct investment.
With the country’s oil revenue set to slide by about 30% this year, privatization is a largely untapped resource.
Newsmakers | United Nations
When the United Nations Global Compact was launched 15 years ago at the New York Stock Exchange, Lise Kingo was entrenched on the corporate responsibility frontline in Europe.
Regional Report | As relations between Cuba and the United States get friendlier, the economic outlook of the island is also improving.
“An economic windfall.” That’s how the World Bank’s chief economist for the Middle East and North Africa, Shantayanan Devarajan, characterized the boost to the Iranian economy from the lifting of sanctions in the wake of the nuclear deal struck with the permanent members of the UN Security Council.
China’s rattling of sabers may be causing tension in Taiwan, but the country’s currency is on the rise.
Wedged between Brazil and Argentina—two neighbors with serious economic problems—Uruguay is an attractive foreign direct investment alternative in Latin America.