Iran agreement: Is Obama channeling Nixon?
The nuclear deal with Iran, like Nixon’s opening to China in 1972, has the potential to be a geopolitical game-changer—if it can get through Congress first.
World economy
What China should learn from Greece’s cautionary tale
BERKELEY | July 18, 2015 | By Barry Eichengreen via Caixin | The Greek crisis and the sharp increase in volatility on Chinese stock markets have been the two principal sources of financial headlines – and worries – in recent days. To be sure, the situations in Athens and Shanghai are quite different, yet they have a common set of implications.
Can a modern economy generate Jeb Bush’s real 4% GDP growth? Yes, but not with tight money
NEW YORK | July 17, 2015 | By Benjamin Cole via Marcus Nunes’ Historinhas | GOP presidential hopeful Jeb Bush has generated some blog-blabbing on his pronouncement that the U.S. GDP could and should grow at 4% real annually.
Chinese bubble trouble: halfway through?
LONDON | July 17, 2015 | UBS | Property activity corrected visibly in 2014 and H1 2015, with declining property starts and weaker construction dragging down China’s industrial sector and GDP growth.
China’s Pensions Poised for Stock Market Play
BEIJING | July 16, 2015 | By Shi Rui, Liu Jiaying and Chen Xinlei via Caixin | Authorities are fleshing out a plan that would let country’s locally managed pensions buy and sell stock on the Shanghai and Shenzhen exchanges.
Iranian nuclear deal reached adding to oversupplied oil market
July 15, 2015 | UBS | Lifting sanctions would add more production to an already oversupplied market.
Trade and investment flows within BRICS continue to disappoint
It is ironic that trade and investment flows within BRICS countries—Brazil, Russia, India, China and South Africa—continue to disappoint, even though economics was the primary reason for the formation of the grouping.
Is it wise for foreign-listed Chinese Internet firms to return home?
BEIJING | July 13, 2015 | By Xie Wen via Caixin | The recent crash makes a relisting in China unappealing, and the signal sent by wanting to depart in first place damages companies’ credibility.
Refugees are humans too
If refugees formed a country, it would be the 24th most populous in the world, between South Africa and Italy.
What central bankers have forgotten
July 10, 2015 | By Benjamin Cole via Marcus Nunes’ Historinhas | As a lot, central bankers are not entrepreneurs or real estate developers, and are very risk-averse, and are minutely concerned with the strict control of prices (as measured) as opposed to robust prosperity.