The chaos created by Brexit might be far greater than previously thought. An independent Scotland might issue its own currency, former Scottish First Minister Alex Salmond told The Financial Times.
Large sections of the Middle East might become uninhabitable because of drought and water shortages in the near future. That’s conclusion of the UN Food and Agriculture Organization (FAO).
Much of the region w
Economic freedom is increasing throughout the globe even as many countries become less free. That’s the prognosis from the 23rd edition of the Index of Economic Freedom from the respected American think tank the H
The United States is facing a “fiscal bloodbath” that will lead to a major economic crisis. That’s the prognosis of a well-known American fiscal policy expert, David Stockman who directed the Office of Manag
The Aramco initial public offering might be worth less than quarter of Saudi Arabia’s valuation. Saudi projections have placed Aramco’s potential value at $2 trillion, but analysts at Wood McKenzie Ltd. came up
“Bonds should come with a warning label”
– Warren Buffett.
The bond market is on far shakier ground than many investors realize. There is strong evidence that action; or inaction, on the part of President Donal
President Donald J. Trump is taking American immigration policy in the right direction, despite his administration’s clumsy execution of reforms.
When one looks beyond the bureaucratic bungling and noisy p
The media is ignoring the area of governance in which President Donald J. Trump might have the biggest impact: monetary policy.
Unlike most U.S. Presidents, Trump seems to have a serious interest in economics and
Bond traders have been losing a lot of sleep for some time. Last year they were worried about low prices and the credit bubble in China, this year it is uncertainty about President Donald J. Trump’s policies t
The United States might be undergoing a paradigm shift in its foreign policy under President Donald J. Trump. The shift is from a policy driven by national security and ideology to one pushed by economic
Strangely enough Elon Musk’s most disruptive idea yet, might be his most underestimated and misunderstood notion. The idea is the Hyperloop, a super-fast transportation system that operates inside a tube.
The relationship between Donald J. Trump and economists is a bizarre one. Trump shuns economists while embracing many of their ideas. Meanwhile the economists rush to condemn Trump in public statements, even as
ExxonMobil (NYSE: XOM) CEO Rex Tillerson’s decision to accept President Elect Donald J. Trump’s nomination for U.S. Secretary of State (Foreign Secretary) raises a host of ethical and business questions.
The recent growth in bitcoin prices has been absolutely astounding. During the month of December 2016, the value of a unit of the cryptocurrency increased by $211.79 (€202.45) rising from $758.38 (€724.92) on Dec
The United Kingdom is facing a dreadful decade of inflation and wage stagnation over the next 10 years, with or without Brexit.
That’s the consensus of a think tank called the Institute for Fiscal Studies (
There are a number of indicators that the economy in the United States is on ground as shaky as that in Europe or China. Despite a stock market rally and some optimism generated by the recent presidential election
The United States dollar might be the catalyst that sets off the next world economic crisis and ends Donald J. Trump’s meteoric political career.
The greenback has been rising to new highs lately; its value is 4