The World Bank needs deep reforms to reflect a changing world order
Feb 08, 2019 12:00 pm UTC| Insights & Views Economy
The sudden resignation of World Bank President Jim Yong Kim has rekindled debate about leadership succession and the mission of the international financial institution. US president Donald Trump has nominated his...
Budget-friendly ways to get your veggie fix as prices rise
Feb 08, 2019 11:48 am UTC| Insights & Views Economy
The Food Price Report 2019, released by Dalhousie University and the University of Guelph in December, suggested vegetable prices will go up by as much as six per cent this year. Thats significant because, unlike meat or...
Will the RBI take-out knife again to slash interest rates in April?
Feb 08, 2019 11:40 am UTC| Commentary Central Banks Economy
After a surprise interest rate cut from the Reserve bank of India on Thursday, heavy speculations begun around whether the central bank will lower policy rates again in April or probably ahead of the general elections...
German bunds remain mixed after December trade balance data cheers investors beyond expectations
Feb 08, 2019 10:15 am UTC| Commentary Economy
The German bunds remained mixed during European session on the last trading day of the week Friday after the countrys trade data cheered market participants beyond consensus estimates amid an otherwise, silent day that...
Mainland Norway witnesses solid growth in Q4 2018, surpasses Norges Bank’s expectations
Feb 08, 2019 09:19 am UTC| Commentary Economy
Mainland Norways GDP increased by 0.9 percent from Q3 to Q4 2018. Norges Bank projected 0.7 percent in its December-MPR. Consensus (Bloomberg) expected 0.8 percent; growth in Q3 was revised up from 0.3 percent to 0.4...
JGBs surge tracking U.S. Treasuries on renewed trade tensions; equities reflect risk aversion
Feb 08, 2019 06:37 am UTC| Commentary Economy
The Japanese government bonds surged at the end of Asian session Friday tracking a similar movement in the United States Treasuries, after President Donald Trump dropped the bombshell that he would not meet with Chinese...
Feb 08, 2019 04:40 am UTC| Commentary Economy
Australian government bonds rallied across the curve during Asian trading session Friday on the Reserve Bank of Australias dovish Statement on Monetary Policy (SoMP), where it lowered its growth forecasts substantially and...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned