March, 2016

• 14 March

  Germans turn to Trump-style politics in challenge to Merkel

  

  Bloomberg If you think Donald Trump has some outrageous ideas, wait until you meet Germany’s AfD party. The Alternative for Germany, to give the party its full name, has shaken up the country’s consensus-driven politics with headline-grabbing policies that include telling Germans to have more children to avoid the need for immigration. Frauke Petry, the AfD’s co-leader, has said that ...

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• 14 March

  Strong Brazil protest casts doubt on Rousseff future

  

  Bloomberg More than one million people marched through cities across Brazil to protest political corruption, a weak economy, and to call for the impeachment of President Dilma Rousseff, in a showing that could accelerate efforts to remove her from office. The protest in Sao Paulo was the largest ever recorded by polling firm Datafolha, surpassing even the 1984 rallies to ...

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• 14 March

  America’s political decay and the rise of Trump

  

  Good countries can sometimes go bad. Donald Trump’s supporters implicitly make this argument when they proclaim “Make America Great Again.” And so do those who loathe Trump and see in him a dangerous populist response to the anger of frustrated middle-class voters. The rise of Trump, love him or hate him, conveys an inescapable message: America’s political institutions are in ...

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• 14 March

  Solving Syria strife riddled with hurdles

  Agreeing on political transition in Syria remains an uphill task as the huge government-opposition divide will likely complicate a settlement. The fate of President Bashar al-Assad, presidential elections and the type of new government are main obstacles that need to be addressed for peace to prevail across Syria. Syria’s conflict, which began on March 15, 2011 with a peaceful protest ...

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• 14 March

  Why sanctions won’t stop North Korea

  Jack Hands SPECIAL TO EMIRATES BUSINESS It was Libya in 2011 – the uprising against Colonel Muammar Gaddafi and the subsequent shocking scenes of a bloodied dictator reduced to waiting on his fate in a dusty street just west of Sirte – that reinforced North Korea’s long-held belief that the only way to truly deter an outside attack would be ...

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• 14 March

  What the Fed will & won’t do this week

  

  The Federal Reserve’s policy meeting this week will be closely watched, particularly after the stimulative measures taken by the European Central Bank last week. Here are some steps that U.S. central bankers will and won’t take, and particularly those of greatest interest to financial markets: n Fed officials will note the continued recovery of the U.S. economy, led by strong ...

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• 14 March

  Stocks higher ahead of key central bank meet

  

  TOKYO / AFP European stock markets rose on Monday, with Frankfurt hitting levels above 10,000 points, following a strong start to the week across Asia as traders looked ahead to more central bank action. The Bank of Japan started a two-day meeting on Monday, while the Federal Reserve and Bank of England also gather this week to decide over the ...

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• 14 March

  Swiss holds fire as Franc resists ECB for second time

  

  BERN / Bloomberg For the second time in less than four months, the Swiss National Bank (SNB) president has seen the franc weaken rather than strengthen in the wake of new European Central Bank stimulus. That relief means Jordan and his fellow policy makers won’t cut rates on March 17, according to the majority of economists in a Bloomberg survey. ...

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• 14 March

  Deutsche bank chiefs cite govt on mistrust issue

  

  BERLIN / Bloomberg Chancellor Angela Merkel’s government is partly to blame for market mistrust in Deutsche Bank AG because it spearheaded implementation of new liability rules for bondholders in a law passed last year, the lender’s Co-Chief Executive Officers John Cryan and Juergen Fitschen told the Frankfurter Allgemeine Zeitung (FAZ). While the government has solved the problem of liability capital, ...

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• 14 March

  Alibaba to set fees for banks on loan of upto $4 billion

  

  BEIJING / BLOOMBERG Alibaba Group Holding Ltd. has set the fees it’s offering to banks on its loan of upto $4 billion, according to people familiar with the matter. China’s largest online emporium is offering 60 basis points to lenders committing $200 million and above to the facility, which banks are starting to market from $3 billion, according to the ...

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