Looking at 2014 With a Critical Eye?
MADRID | By Álex García.
World economy
Energy Bubble in 2014? – We Ask Torchlight Energy’s CEO Thomas Lapinski
NEW YORK | By Ana Fuentes | Is there a bubble concerning energy markets? Is fracking a real threat? We ask a high growth oil and gas exploration and production company: Torchlight Energy’s CEO Tom Lapinski tells us about all aspects concerning the energy boom and his prospects for 2014.
Monetary Policy trumps Fiscal Policy
SAO PAOLO | By Marcus Nunes | The Economic Policy Institute (EPI) twitted a version of the chart below which purports to show that if only fiscal policy had not been so austere, the economy would be much further on the way to recovery.
A 2014 World News Tour by The Corner
As 2013 wraps up, we are looking at the most interesting economic stories and challenges ahead. We have asked our contributors and some of the best bloggers worldwide to tell us. Enjoy the read and happy new year.
Global Supply Annual: 2014 Outlook
LONDON | By Barclays analysts | In our 2014 Outlook, we expect gross funding requirements for the US, euro area, Japan and UK to be around $18bn above our 2013 gross issuance forecast of c.$4.946trn. At the same time, we forecast net issuance globally to fall c.$1.59trn from $1.85trn in 2013.
Economic Recovery: “Never reason from the previous peak”
SAO PAOLO | By Marcus Nunes | In “The current state of the US economy explained in one chart”, Mark Perry shows the chart above. As I argued in “The previous peak is not the appropriate benchmark” (Parts 1 & 2), just because you´ve reached or surpassed the previous peak does not mean you have achieved a complete or full recovery.
China and USA: When the Giants Unwind
BEIJING | By Andy Xie via Caixin | The world has depended on Chinese and American stimulus for years, and one implication of their tightening is a slowing global economy in 2014
Sweden’s loss of ‘faith’
SAO PAOLO | By Marcus Nunes | According to Per Bylund, “during the recent financial crisis, Sweden has emerged as one of very few financially sound economies.” However, now the country successfully rolled back its unsustainable but world-renowned welfare state.
Will 2014 Be a Watershed Year For India?
BANGALORE | By Srikanth Vasuraj | 2013 saw the Indian currency hit an all time low. The Current Account Deficit (CAD) and the Fiscal Deficit touched new highs. Inflation crossed 8% and the common man was left reeling under huge price rise in essential commodities, making the monthly budget unmanageable. However, next year could be the beginning of a new era thanks to the emergence of the AAP, the “Common Man’s Party”.
The liberal case against a Universal Basic Income
NEW YORK|By Mike Konczal at Next New Deal| With the coming referendum in Switzerland has come a flurry of commentary about a “Universal Basic Income” (UBI). There are people for and people against, from the left and from the right. One powerful reason to reject the idea is the fact that a payment of $10,000 to every U.S. adult, a pretty basic basic income, would seemingly cost $2.5 trillion.