Recent Posts

China’s hunger for capital is behind market opening

Beijing is selling its relaxation of inward foreign investment limits as a natural opening of financial markets. The reality is that China needs the capital to keep the economy going, and the question is whether investors will buy the hype. Authorities doubled to $300 billion the quota for stocks, bonds and other financial products under the Qualified Foreign Institutional Investor ...

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European election won’t break EU

Just how anti-European Union (EU) will the next European parliament be? Latest polls suggest that that populist, often euroskeptic parties, could do well enough in May’s vote to get a disruptive blocking minority – but that would require an improbable degree of cooperation on their part. Given the difficulty of placing dozens of parties in 27 countries on a single ...

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Trump’s State of the Union address was almost good

President Donald Trump’s State of the Union address had been trailed as an appeal for unity — and, by the president’s standards, it almost was. Despite some jarring moments, he made a passable attempt at a presidential tone, calling for governing “not as two parties but as one nation,” and speaking of a “new opportunity” in US politics for those ...

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