Articles
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Europe’s triple dip recession
Hamish McRae said in the Evening Standard this week that: “The notion that the Eurozone could be the new Japan did not seem realistic five years ago. Now, I’m afraid it does.
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Paralysis in Paris
Paul Ames reported in Globalpost this week that “France is in a mess.” I agree.
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Australia’s downturn
Australia’s July unemployment figures have just been announced – going from 6% to 6.
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Italian woes
Italy is back in recession, with the economy shrinking in both the first quarters in 2014. This is Italy’s third recession since 2011 and the Economist said last week it "will have a profoundly demoralizing effect on a nation that thought the worst was over.
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A jewel in the emerging market crown
India’s stock market has leaped 20% this year – the best performance of any emerging market.
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Indonesian election results due
On 9th July, the Indonesian Presidential elections took place. The results will be known next week after counting almost 200 million votes.
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Won rising….
South Korea’ s currency – the Won – has risen to a six-year high of 1,020 to the US Dollar, and over half a billion dollars of local stocks were bought in the market in the last week of May alone.
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World Cup Party in Brazil ?
The World Cup has kicked off but Brazil is not in the mood to party.
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A new Cold War ?
It is good to see that Russian President, Vladamir Putin is on speaking terms this week with Ukranian’s new President, Petro Poroshenko.
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Europe : Power moving East
I travelled to Warsaw during the Communist era and returned soon after the regime fell, visiting Bratislava and Prague at the same time. You could not fly to Bratislava in 1990, other than by internal flight from Prague.
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India’s election results
Narendra Modi’s election victory in India makes his Janata Party (BJP) the first party since 1984 to win a majority.
He faces a daunting number of problems: bringing down the budget deficit, tackling inflation, boosting growth, and making India a more attractive destination for foreign investment.
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The Bangladesh transformation
It is a privilege to be in Dhaka and witnessing, first hand, this South Asian success story that has delivered growth of around 5% to 6% annually for most of the last 20 years.
