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Tag Archives: global economy
The radical-left Syriza party’s meteoric rise in Grecian politics (it trailed the conservatives by just 2 percentage points in recent elections) has placed Greece on the verge of default. Here’s John Psarapoulos, writing for the Daily Beast, on the fast … Continue reading
At Spiegel Online, Stefan Schultz offers this ironic assessment of the way that Europe’s leaders have, thus far, managed the euro crisis: Since the start of the euro crisis, Europe’s leaders have perfected two techniques: scrambling to catch up with events, and … Continue reading
This at the UK’s Guardian: “The crisis in Greece could pose as big a risk to the global economy and financial markets as the collapse of Lehman Brothers did in September 2008”, said Julian Jessop, of Capital Economics. He added: … Continue reading
A sobering documentary on 21st century Russia. Worth watching in full. We live in dangerous times. Here’s part 1 of 6:
Brazil, Russia, India, and China. Meet the BRIC consortium as described in Salon today: Just a concept a year ago, when the very idea of BRIC was concocted by the chief economist at Goldman Sachs, the BRIC consortium became a … Continue reading
Caught with Our Pants Down? Is America Behind Other Nations in the Global Green and Clean Energy Competition?
Apparently so. Two energy observers in the San Francisco Chronicle cite alarming statistics: As Congress debates climate and energy legislation, Asian challengers are moving rapidly to win the clean-energy race. China alone is reportedly investing $440 billion to $660 billion … Continue reading
According to the New York Times today, some economists and market analysts are moving into the realm of the cautiously optimistic: Garry Evans, Asia strategist at HSBC in Hong Kong, in a note last week said that “history shows that … Continue reading
Economist Nouriel Roubini was interviewed by US News & World Report recently, and was asked about Obama’s economic team, and whether he thought the recession would turn into a depression: What advice do you have for President-elect Obama? First of … Continue reading