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Abandon Trump to safeguard democracy

  The saying goes like this: counting other people’s sins does not make you a saint. And it defines Donald Trump, the Republican presidential candidate. Trump, a political neophyte, has attacked anything and everything during his primary campaign preceding nomination. He is uncouth, impulsive and belligerent. And he does not mince words. And yes, he shoots from the hip. Many ...

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Mervyn King’s new job

  One of the most famous and incisive critics of the banking industry has now taken a job as an adviser to a bank. The outcry that has followed is not only unjustified but also bewildering. Mervyn King, former governor of the Bank of England, has stirred controversy with his new job at Citigroup. Critics say such moves create a ...

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A year after crash, China has new bubbles, old tools

  The collapse of China’s stock markets a year ago was eye-catching, but in the end, hardly earth-shattering. Despite the pain for millions of retail investors, the fact is that stocks remain a small part of the financial system in China. Their brief, giddy rise and spectacular collapse never really threatened the wider Chinese economy, let alone the global financial ...

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