Exploring the ways to trade surprise economic data
By GILES COGHLAN
MAY’S inflation data surprised the financial markets. Initially predicted to fall to 8.4 percent, the figures came in far hotter than expected...
IMF warns of debt ‘timebomb’ thanks to ‘cheap money’ borrowing policies
THE International Monetary Fund warns that low interest rates are encouraging companies to take on a level of debt that could become a “timebomb”.
The...
Argentina slaps controls on forex in bid to salvage peso
ARGENTINA has imposed capital controls to halt a slump in foreign currency reserves and save the peso.
The central bank has set a five-day limit...
How Adam Smith became a (surprising) hero to conservative economists
By Glory M Liu*
PEOPLE like to fight over Adam Smith. To some, the Scottish philosopher is the patron saint of capitalism who wrote that...
Venezuela’s cash crisis, coupled with blackouts, leaves country’s population in the...
VENEZUELA has the world’s largest oil reserves — and no money.
Rampant inflation and depleted reserves of almost worthless bolivar banknotes have created a nightmare...
Analytics key to African countries’ ability to share in services trade
UNCTAD-UNECA projects’ experts pool wisdom to grow regional economies and increase benefit from value chains
AFRICA needs to step-up its analytics game to play a...
Banking group’s Bitcoin block ‘won’t halt crypto trading’
Lloyds Banking Group has blocked credit card transactions for cryptocurrency purchases, but that lacks logic – and may even increase demand, say experts
By HAL...
Lloyds Banking Group shuts down all crypto credit card transactions
Are we witnessing the murder of Bitcoin? Knives are out for the biggest and (so far) bestest crypto on the block. HAL WILLIAMS looks...
UNCTAD: Investment – In Need of Direction
The global financial crisis has impacted heavily on trade: annual trade expansion over the past three years has averaged a tepid 3% annually, compared...
Tata Steel: Perseverance & Excellence
Blame it on Ayn Rand. She – of Atlas Shrugged and The Fountainhead fame – provided Sajid Savid with an ideological backbone. Secretary for...