New Central Bank Governor Inspires Confidence in India Despite Structural Challenges
Raghuram Rajan, the newly appointed governor of the Reserve Bank of India, may have the right solutions to help redress India’s macroeconomic woes.
Spain’s Public Debt Soars to New Highs, Smothering Optimism
Optimism over the improving state of the Spanish economy is once again on shaky ground with its public debt burden soaring well beyond governmental forecasts.
As Investors Wait for Egypt to Settle, Africa Holds Up
Despite current turmoil in Egypt, its stock market has remained almost eerily stable. Larry Seruma of Nile Capital Management said there are a number of well-run and well-capitalized companies performing solidly.
Investing in Romania: Good Reform, but Struggling With the Old
Mark Mobius recently blogged about a visit to Romania, saying that the country exhibits both the progress and the problems inherent in a globalizing economy.
The Budgeting Can Kicks Washington Back
A slew of Nobel-winning economists join hundreds of other VIPs demanding honest budgeting in Washington.
Tepid Job Growth Spreading to Developing Economies
While the United States continues to struggle with stagnant GDP and job growth, a similar picture is emerging in developing economies.
Is India Turning a Corner?
Only three years ago, India was shaking off the effects of the global financial crisis better than most, but today India is going through a surprise soft patch that cannot be blamed purely on externalities.
Egypt’s Economy Is Driving Its Politics
Turmoil in Egypt has deep economic roots.
IMF Issues Tepid Forecast, Hints It Does Not Like U.S. Tapering
The IMF has lowered its forecast for world economic growth in a generally glum report that says downside risks dominate growth prospects. The IMF forecasts 5% growth in 2013 and 5.5% next year for the broad sector, but lowering its April forecast for growth in China—down a quarter and half...
Citi’s Baghdad Office Easing Investment Hurdles in Iraq
Citigroup will be the first American lender with an office in Iraq; its presence on the ground will make things a great deal easier for foreigners doing business in the war-torn country.