China seems to be accumulating most of its additional foreign trade surpluses in euros, rather than dollars. But there could be more behind this policy than asset diversification, or support for Europe’s struggling economy – which takes 18 per cent of China’s exports,...
Most advisers say it’s crazy to invest in bonds. But then they would, wouldn’t they? Nearly all of them, and their clients, missed out on what has been one of the greatest bull markets in history for this asset class. According to BCA Research, since September 1981...
Global political power, under-exploited assets For both China and Europe, there are only strategic opportunities. A much closer partnership is clearly the route to take. For historical reasons, the European nations retain immense power in global politics, which could...
Green Fuels: Costly, Unpopular Some interesting points from an American investment banker specializing in the energy sector, Allen Brooks… Although US Congress has at last ended the ridiculous subsidy paid to farmers and refiners to make ethanol, which cost taxpayers...
US non-farm employment change and unemployment rate, January 2012 Further encouraging news on the health of the world’s largest economy came today as employment levels saw a strong boost and the unemployment rate fell back to its lowest since February 2009. Data...
