Chart of the Day Series

Chart of the Day: Inequality at its best

Jan 17, 2017 15:35 pm UTC| Commentary Economy

This chart probably explains, why socialism is on the rise all acrossthe world, along with the right-wing nationalists. Once is challenging the order od the corporates, while the other is challenging globalism. The...

A new deal with capitalism requires a revolution in politics and markets

Jan 17, 2017 14:48 pm UTC| Insights & Views Economy

Many people feel that the capitalist economic system delivers wealth to a few and somehow cheats the rest of opportunity. I agree: our market system is being looted by a small minority and the only real solutions call for...

Was 2016 the year the world turned its back on free trade?

Jan 17, 2017 13:51 pm UTC| Insights & Views Economy

Fear of and misunderstanding about free trade and globalisation brought us a turbulent 2016. And the last few months have been a wake-up call about the dramatic slowdown in international trade, presaging a major change in...

Global Reflation Series

Global reflation Series: Carney maintains either side rhetoric amid spark in inflation

Jan 17, 2017 11:53 am UTC| Commentary Economy Central Banks

The Bank of England (BoE) governor Mark Carney reiterated that the very next move from the central bank has equal chances of getting either way. He said, while the central bank can choose how it achieves the target and...

US under Trump Series

US under Trump Series: Sweet GM win for Trump

Jan 17, 2017 10:38 am UTC| Commentary Economy

Days after Ford Motor Company cancelled its $1.6 billion plant in Mexico and said it would invest part of that saved money in the United States and create jobs, followed by an announcement from Fiat Chrysler that it would...

BoJ likely to keep policy stance intact in near-term

Jan 17, 2017 10:32 am UTC| Economy Central Banks Commentary

The Bank of Japans (BoJ) first two-day monetary policy meeting for 2017 will take place on January 30-31. We foresee that the central bankwill remain committed to holding the 10-year JGB yields near zero, while keeping...

IMF raises 2017 global economic growth forecast to 3.4 pct

Jan 17, 2017 09:30 am UTC| Economy Commentary

The International Monetary Fund (IMF) in its latest report named World Economic Outlook raised economic growth forecast for 2017 to 3.4 percent, from the previous estimate of 3.1 percent. Global growth for 2016 is now...