OUTBREAK Wuhan in central China is the size of London. But these days, flights to and from the city are canceled, highways are shut and soldiers guard the railway station, as China tries to quarantine the center of a virus outbreak [...]
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THE ORACLES SPEAK Geopolitics overshadowed monetary policy for the first time in many months in early January. But such distractions tend to be short-lived nowadays, with investors getting back to central bank- watching swiftly. Rate-setters in many countries are about to [...]
The Mercedes-Benz VISION AVTR inspired by the Avatar sequels is the result of a holistic design concept revolving around the intuitive driving experience. Click here to learn more about the new Mercedes-Benz VISION AVTR: http://mb4.me/vision-avtr-com_ytb With shy tech elements, sustainable materials and unique features it represents an [...]
HEAT DOWN UNDER A swathe of Australia the size of South Korea is being razed by fire. The toll so far: 27 lives, more than 1,800 homes, a billion animals. But that's probably a fraction of the eventual costs. Analysts who [...]
Dark clouds over the Euro Sculpture outside of the European Central Bank building in Frankfurt Main, Germany. [EPA/ARNE DEDERT] After seven years of growth, the eurozone’s outlook is deteriorating. There is a risk of a recession if the trade war with Washington worsens, while member states continue to disagree over [...]
The past several years in auction house news have been marked by jaw-dropping records, but in 2019, the drama didn’t only happen during the actual auctions. Perhaps the largest piece of news was that Sotheby’s had its final round of auctions as a public company, as the house went [...]
Commercial exchange between the two countries exceeded 500 million dollars, with which the increase in Cuban-Russian trade exceeds 67% in recent years. Cuban President Miguel Díaz-Canel Bermúdez (r-standing) and Russian Prime Minister Dmitry Medvedev (l-standing), observe the signing of a bilateral agreement between the two countries in Havana, on October [...]
When trying to forecast or analyze what is going to happen in economic policy in a particular country, I focus on four factors: ideas, incentives, leadership, and providence or luck. When some of these factors align, as in 2017 when U.S. leadership embraced a policy of tax reduction and regulatory [...]
As Latin America enters the 2020s, it must take steps to ensure that the next five years are not lost. Yes, the international context will make a difference. But the region’s governments have it within their power to improve economic performance significantly. blackdovfx/Getty Images BOGOTÁ – In the 1980s, Latin [...]
OIL BACK ON THE BOIL Geopolitics is back in the driving seat. The U.S. killing of a top Iranian commander has doused the nascent New Year rally and delivered a $3 boost for oil prices on fears that any violent retaliation [...]