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”.
MADRID | By Luis Arroyo | Monetary policy has worked in the countries which have implemented it without feeling ashamed. The US, UK, Japan or even Switzerland have reactivated their economies and diminished wealth imbalances, at least in comparison with the euro zone. However it is also truth that QE efficiency has performed poorly.
SAO PAULO|By Marcus Nunes| World industrial output and world merchandise trade reached new record monthly highs in October, suggesting that both were solidly above their previous peaks during the early months of the global slowdown in 2008 (by 10.1% and 7.2% respectively), but the real situation is that first indicator has gotten stuck and second registers a much reduced level and growth rate. Therefore, world economy would be still mired in a depressed state.
NEW YORK | By Ana Fuentes | For Conatus Pharmaceuticals’ CEO Steven J. Mento, starting a company was “the only way to go”. This mid-sized biotech company just listed on Nasdaq market place with clinical trials in the U.S. and Europe believes they can do some things better than the big guys in their sector. He speaks with The Corner about investment opportunities and today’s economic challenges.
SAO PAULO | By Marcus Nunes | President Woodrow Wilson signed the Federal Reserve Act on December 23, 1913. Born with the aim of leading to more macroeconomic stability, the US central bank has failed in three major occasions, nevertheless.
With the area opening to greater human activity, the Polar region has once again caught the eye of policy makers (the region was once the site of heightened Cold War activity), who are looking increasingly northward.Will the Arctic be the site of conflict or cooperation?
BEIJING|Lan Fang and Li Yan at Caixin| Massive population remains China’s basic national condition, but structural problems of the population are daily becoming increasingly important factors affecting the development of the economy and society. The party just eased the one-child policy, but scholars and members of the public say progress should have been made years ago.
SAO PAULO | By Marcus Nunes | The Fed has never been comfortable with QE3; Many thought that QE ineffective; Bernanke felt compelled to clear the path for Yellen… But it has boosted “Forward Guidance” to make up (or more than make up) for the “taper”.
MADRID|J.P. Martin Arrese|Resorting to cheap money has provided the Federal Reserve a vital support to US faltering economy. The huge stimulus has largely avoided the prospect of a downturn, but there are clear signs that a wealth-led recovery fails to deliver a robust self-propelled growth.