Recent Posts

India, the world’s model central bank? Just maybe

India is becoming the gold standard for monetary policy in Asia, if not the world. While global markets are giddy from hints that the Federal Reserve may cut interest rates, India’s central bank has been easing since February. Just as important, the Reserve Bank of India has been very consistent in its message: Borrowing costs need to come down to ...

Read More »

Declaring war on Silicon Valley won’t help anyone

Across the federal government, the knives are officially out for big technology companies. Avoiding a bloodbath should be a priority. As Bloomberg News reported, the House Judiciary Committee is gearing up to investigate unfair business practices by platform companies, while the Justice Department and the Federal Trade Commission have divvied up Silicon Valley’s big four — Amazon.com Inc. and Facebook ...

Read More »

Merkel’s succession is no longer looking secure

After the relatively weak performance of the ruling Christian Democratic Union (CDU) in the European Parliament election, the party’s leader, Annegret Kramp-Karrenbauer, is in trouble. There is a fear in the party that Chancellor Angela Merkel has messed up her succession, and Bloomberg News has even reported that Merkel herself doubts whether AKK, as she is known, is up to ...

Read More »
Send this to a friend