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 hold their [...]
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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 have done [...]
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 [...]
REPO RUCTIONS As end-December approaches, money market players' thoughts may be turning to a September scare, when rates in the $2.2 trillion U.S. repurchase or repo market spiked to 10%, boosting the premium to borrow dollars. The fear is a bigger [...]